Oct. 1 at 6:48 PM
$SCPH NASDAQ Equity Corporate Actions Alert # 2025 - 542
Information Regarding the Tender Offer of scPharmaceuticals Inc. (SCPH)
https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2025-542
The tender offer by Seacoast Merger Sub, Inc. a direct wholly owned subsidiary of MannKind Corporation
$MNKD to acquire all of the outstanding common stock of scPharmaceuticals Inc. (SCPH) is scheduled to expire one minute after 11:59 p.m. ET, on October 6, 2025, unless extended or terminated. The subsequent merger is tentatively scheduled to close prior to the market open on October 7, 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 October 6, 2025. If the merger closes as planned, the stock will remain halted on the day of closing (October 7, 2025) and will be suspended effective October 8, 2025.
Tender offer: SCPH shareholders will receive
$5.35 and one (1) Contingent Value Right (CVR) for each share held.