Cytokinetics discloses third-party acquisition approach, no deal reached

CYTOKINETICS INC

Cytokinetics was approached by a third party for a full acquisition after SEQUOIA-HCM top-line results in Dec 2023.
Board supported moving forward on substantially agreed terms, but the third party did not proceed.
CEO states Board and management are committed to shareholder value and would support any value-maximizing transaction.
Company will not comment further on this matter.

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