secwatch.observer — SEC 8-K summary
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Issuer:     Assertio Holdings, Inc. (ASRT)
CIK:        0001808665
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001104659-26-054488
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Assertio increases acquisition price to $21.80/share all cash; Garda's revised offer up 21.1%
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- Offer price $21.80/share in cash, no CVR, up from $18 plus CVR (21.1% premium to original offer).
- Premium of 63.1% to unaffected stock price on March 20, 2026; total equity value ~$153.2M.
- Board unanimously approved; tender offer to commence by May 4, 2026; closing expected Q2 2026.
- Financing commitments fully committed: $22.2M equity (Limber and Lund) and up to $130M debt (Colbeck).
- Company withdraws 2026 guidance and cancels Q1 2026 earnings conference call due to pending transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808665/000110465926054488/0001104659-26-054488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808665/000110465926054488/tm2611405d19_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-054488

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