m_and_a
confidence high
sentiment neutral
materiality 1.00
Soleno acquisition by Neurocrine Biosciences completed; all shares bought for $53.00 each
SOLENO THERAPEUTICS INC
- Tender offer expired May 15 with 88.9% of shares tendered; merger closed May 18, 2026.
- Stockholders received $53.00 per share in cash; total offer consideration funded via Neurocrine cash.
- All pre-merger directors and officers resigned; new directors and officers from Neurocrine appointed.
- Shares to be delisted from Nasdaq and deregistered with SEC; Form 15 to be filed.
- Loan agreement with Oxford Finance and 2014 ESPP terminated effective upon merger.
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