Assertio to acquire Spectrum in all-stock plus contingent value rights deal

Assertio Holdings, Inc.

Assertio will acquire all outstanding Spectrum shares via all-stock and contingent value rights transaction.
Merger sub will merge into Spectrum; Spectrum will survive as a wholly owned subsidiary of Assertio.
Transaction requires stockholder and regulatory approvals; closing expected later in 2023.
Details of deal value and per-share consideration will be provided in the Form S-4 registration statement.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.