m_and_a
confidence high
sentiment neutral
materiality 0.90
BioMarin completes acquisition of Inozyme for $4.00 per share; Inozyme to delist
Inozyme Pharma, Inc.
- BioMarin completed tender offer acquiring 69.8% of Inozyme shares at $4.00/share cash; subsequent merger completed July 1, 2025.
- Inozyme will delist from Nasdaq and deregister under Exchange Act; Form 15 to be filed.
- All Inozyme directors resigned; G. Eric Davis, Eric Fleekop, Brian Mueller appointed to board.
- Executive officers resigned; G. Eric Davis became President, Eric Fleekop became Secretary.
- In-the-money stock options and RSUs accelerated and cashed out at $4.00/share.
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