secwatch / observer
8-K filed December 9, 2025, 6:59 PM ET CIK 0001744659
M&A confidence high sentiment neutral materiality 0.90

Akero Therapeutics, Inc.: M&A transaction — Akero Therapeutics acquired by Novo Nordisk at $54/share plus potential $6 CVR

Akero Therapeutics, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Akero Therapeutics, Inc.: Certificate of incorporation was amended and restated in its entirety.

Change
charter amendment
Exact text from the filing
the Company’s certificate of incorporation, as in effect immediately prior to the Effective Time, was amended and restated in its entirety to be in the form of Annex II to the Merger Agreement
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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Akero Therapeutics, Inc.: Bylaws were amended and restated in their entirety to conform to the bylaws of Merger Sub.

Change
bylaw amendment
Exact text from the filing
the Company’s bylaws, as in effect immediately prior to the Effective Time, were amended and restated in their entirety to conform to the bylaws of Merger Sub
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M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Akero Therapeutics, Inc. underwent a change of control involving Novo Nordisk A/S for $54.00 per share in cash plus contingent value rights (closed 2025-12-09).

Action
change of control
Counterparty
Novo Nordisk A/S
Consideration
$54.00 per share in cash plus contingent value rights
Closing
2025-12-09
Exact text from the filing
prior to the Effective Time (other than Excluded Shares and Dissenting Shares) was automatically cancelled and converted into the right to receive (i) cash in an amount equal to $54.00, without interest thereon and subject to any applicable tax withholdings (the “ Closing Consideration ”) and (ii) one contractual contingent value right (a “ CVR ”) representing
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Source: SEC EDGAR
accession 0001140361-25-044946
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