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home / news releases / CEMI - Biosynex again extends tender offer for Chembio acquisition


CEMI - Biosynex again extends tender offer for Chembio acquisition

2023-04-13 07:37:12 ET

  • Biosynex has extended the tender offer to acquire Chembio Diagnostics ( NASDAQ: CEMI ) once again, this time to April 26, from April 12.
  • Biosynex noted that as of April 12, ~17.74M shares were tendered , representing ~48.3% of the outstanding stock.
  • Previously the company had moved the tender offer date to April 12, from March 28.
  • In January, France-based Biosynex said it was acquiring Chembio for $0.45 per share, in an all-cash transaction valued at $17.2M.

For further details see:

Biosynex again extends tender offer for Chembio acquisition
Stock Information

Company Name: Chembio Diagnostics Inc.
Stock Symbol: CEMI
Market: NASDAQ
Website: chembio.com

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