m_and_a
confidence high
sentiment neutral
materiality 0.65
ESSA Pharma seeks court approval for $1.91/share cash distribution and special meeting on Aug 5
ESSA Pharma Inc.
- Intends to apply to Supreme Court of BC on August 5, 2025 for interim order and cash distribution order.
- Estimated total consideration per share ~US$1.91, including initial cash distribution and closing cash, plus CVRs.
- Cash distribution seeks to expedite payout to shareholders prior to closing of XenoTherapeutics acquisition.
- Hearing set for 9:45 a.m. PT on August 5, 2025 in Vancouver; response materials due by July 31.
item 8.01item 9.01