Aug. 12 at 7:56 PM
$IGMS NASDAQ Equity Corporate Actions Alert # 2025 - 436
Information Regarding the Tender Offer of IGM Biosciences, Inc. (IGMS)
https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2025-436
The tender offer by Concentra Biosciences to acquire all of the outstanding common stock of IGM Biosciences, Inc. (IGMS) is scheduled to expire one minute after 11:59 p.m. ET on August 13, 2025, unless extended or terminated. The subsequent merger is tentatively scheduled to close prior to the market open on August 14, 2025. In anticipation of the closing, the stock will be halted immediately following the after-hours session at or around 7:50 p.m. on August 13, 2025. If the merger closes as planned, the stock will remain halted on the day of closing (August 14) and will be suspended effective August 15, 2025.
Tender offer:
$1.247 for each IGMS share held plus one non-tradeable contingent value right (CVR).