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

CEMI - Biosynex extends tender offer period for Chembio acquisition

Chembio Diagnostics Inc.

2023-03-29 07:57:16 ET

  • Biosynex extended the tender offer to acquire Chembio Diagnostics ( NASDAQ: CEMI ) to April 12, from March 28.
  • France-based Biosynex said that as of March 28, ~14.13M Chembio shares were tendered , representing ~38.5% of the outstanding stock.
  • In January, Biosynex announced that it was acquiring Chembio for $0.45 per share, in an all-cash transaction valued at $17.2M.
  • CEMI -2.79% to $0.38 premarket March 29

For further details see:

Biosynex extends tender offer period for Chembio acquisition
Stock Information
Company Name: Chembio Diagnostics Inc.
Stock Symbol: CEMI
Market: NASDAQ
Website: chembio.com
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