---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-176628"
form_type: "8-K"
ticker: "LITS"
cik: "0001262104"
company_name: "Lite Strategy, Inc."
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:26:31.675228+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# MEI Pharma Board Rejects Anson/Cable Car Unsolicited Bid, Reaffirms Infinity Merger

## Summary
- Board unanimously rejects unsolicited, non-binding proposal from Anson Advisors and Cable Car Capital as undervaluing the Company.
- Proposal was at a significant discount to MEI's cash position; Board sees no basis for discussions on an alternative transaction.
- Board reaffirms recommendation for pending merger with Infinity; combined pipeline of three clinical-stage programs.
- Key clinical data from combined pipeline expected in 6-24 months, including from two programs by year-end.

## SEC filing metadata
- accession: 0001193125-23-176628
- form_type: 8-K
- ticker: LITS
- cik: 0001262104
- company_name: Lite Strategy, Inc.
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1262104/000119312523176628/0001193125-23-176628-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1262104/000119312523176628/d526740d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-176628
- JSON: https://secwatch.observer/filing/0001193125-23-176628.json
- Plain text: https://secwatch.observer/filing/0001193125-23-176628.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.