other material
confidence high
sentiment positive
materiality 0.60
ISS recommends MEI Pharma shareholders vote FOR merger with Infinity Pharma
Lite Strategy, Inc.
- Independent proxy advisory ISS recommends voting FOR the Infinity merger at July 14 special meeting.
- MEI board reiterates support, citing potential to create diversified three-program clinical pipeline.
- Combined company expects key clinical data from both MEI programs by year-end 2023.
- Shareholders of record as of May 24, 2023 are eligible to vote.
- Alliance Advisors is proxy solicitor; Stifel and Morgan Lewis are advisors.