m_and_a
confidence high
sentiment neutral
materiality 0.85
IGM Biosciences acquired by Concentra Biosciences; delisted from Nasdaq
IGM Biosciences, Inc.
- Tender offer closed August 13, 2025; 77.53% of shares tendered, all conditions satisfied.
- Each share exchanged for $1.247 cash plus one contingent value right (CVR).
- Board resigned; Kevin Tang named sole director of surviving corporation.
- Trading of IGMS common stock suspended; delisting and deregistration initiated.
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