M&A
confidence high
sentiment neutral
materiality 0.55
Skye Bioscience extends merger Outside Date with Emerald Health to Oct 15, 2022; adjusts meeting timeline for SEC review
Skye Bioscience, Inc.
- Outside Date extended to October 15, 2022; auto-extends to Nov 15 if SEC reviews proxy statement.
- Shareholder meeting must be held by Oct 4 (no SEC review), Nov 4 (SEC review), or Nov 14 (amendments required).
- Second amendment to Arrangement Agreement dated May 11, 2022; parties may further extend Outside Date by 45 days.
- Extension conditioned on satisfaction of certain closing conditions and regulatory approvals not yet obtained.