Assertio to be acquired by Zydus Worldwide for $23.50 per share in cash

Assertio Holdings, Inc.

Zydus Worldwide DMCC will acquire Assertio via tender offer at $23.50/share cash, followed by a merger.
Tender offer commences May 18, 2026; closing subject to tender of majority of shares and regulatory approvals.
Parent waived requirement for Assertio to commence a Note Offer for its 6.50% Convertible Senior Notes due 2027.
Convertible Note holders will gain repurchase and conversion rights upon the fundamental change triggered by the merger.

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