Aug. 25 at 9:01 PM
$ITOS NASDAQ Equity Corporate Actions Alert # 2025 - 464
Information Regarding the Tender Offer of iTeos Therapeutics, Inc. (ITOS)
https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2025-464
The tender offer by Concentra Biosciences, LLC to acquire all of the outstanding common stock of iTeos Therapeutics, Inc. (ITOS) is scheduled to expire one minute after 11:59 p.m. ET on August 28, 2025, unless extended or terminated. The subsequent merger is tentatively scheduled to close prior to the market open on August 29, 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 28, 2025. If the merger closes as planned, the stock will remain halted on the day of closing (August 29th) and will be suspended effective September 2, 2025.
Tender offer:
$10.047, plus one non-transferable contingent value right (CVR) for each share of ITOS held.