On a corporate action affecting ordinary shares of Alimera Sciences, Inc. (ALIM)
On June 21, 2024, Alimera Sciences, Inc. signed a merger agreement with ANI Pharmaceuticals, Inc. under which ANI Pharmaceuticals, Inc. will acquire Alimera Sciences, Inc. Alimera Sciences, Inc. stockholders will receive $5.50 in cash and one contingent value right (CVR, described in Contingent Value Rights Agreement) for each share they own. Transaction will effect if Alimera Sciences, Inc. stockholders approve it on the special meeting to be held on September 4, 2024. The transaction is expected to close on September 9, 2024. For more details, please, refer to the company’s website.
ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.