m_and_a
confidence high
sentiment neutral
materiality 1.00
Eli Lilly completes acquisition of Verve Therapeutics for $10.50/share plus CVR
Verve Therapeutics, Inc.
- Tender offer expired July 23, 2025, with 55.7% of shares validly tendered; all conditions satisfied.
- Merger completed July 25, 2025; Verve became an indirect wholly-owned subsidiary of Eli Lilly.
- Stockholders received $10.50 per share in cash plus one CVR with potential $3.00 milestone payment.
- Verve common stock delisted from Nasdaq; registration to be terminated.
- Board of directors replaced with Eli Lilly designees; prior directors resigned.
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