SGTX - SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates KDNY PRTK SGTX KLR
NEW YORK, NY / ACCESSWIRE / July 12, 2023 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Chinook Therapeutics, Inc. (NASDAQ:KDNY)'s sale to Novartis AG for $40.00 per share in cash. Chinook shareholders will also receive contingent value rights providing for payment of up to $4.00 per share upon the achievement of certain future regulatory milestones with respect to Chinook's lead product candidate, atrasentan. If you are a Chinook shareholder, click here to learn more about your rights and options.
Paratek Pharmaceuticals, Inc. (NASDAQ:PRTK)'s sale to Gurnet Point Capital and Novo Holdings A/S. Under the terms of the agreement, Paratek shareholders will receive $2.15 per share in cash, plus a Contingent Value Right of $0.85 per share payable upon the achievement of $320 million in U.S. NUZYRA net sales (excluding certain permitted deductions, payments under Paratek's contract with ASPR-BARDA, certain government payments and certain royalty revenue) in any calendar year ending on or prior to December 31, 2026.If you are a Paratek shareholder, click here to learn more about your rights and options.
Sigilon Therapeutics, Inc. (NASDAQ:SGTX)'s sale to Eli Lilly and Company. Under the terms of the agreement, Eli Lilly would acquire all outstanding shares of Sigilon for $14.92 per share in cash payable at closing, plus one non-tradeable contingent value right per share that entitles the holder to receive up to an additional $111.64 per share in cash. If you are a Sigilon shareholder, click here to learn more about your rights and options.
Kaleyra, Inc. (NYSE:KLR)'s sale to Tata Communications for $7.25 per share.If you are a Kaleyra shareholder, click here to learn more about your rights and options.
Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
SOURCE: Halper Sadeh LLC
View source version on accesswire.com:
https://www.accesswire.com/767495/SHAREHOLDER-INVESTIGATION-Halper-Sadeh-LLC-Investigates-KDNY-PRTK-SGTX-KLR