DPV set to acquire Lumos Pharma for $38m [Yahoo! Finance]
Lumos Pharma, Inc. (LUMO)
Company Research
Source: Yahoo! Finance
The transaction also includes a non-transferable contingent value right per share, payable upon the achievement of specified milestones. DPV will acquire Lumos Pharma's outstanding common stock shares for $4.25 per share payable in cash. The company will fund the transaction from its existing cash resources, with no financing condition attached. Lumos Pharma will continue as DPV's indirect wholly-owned subsidiary, operating as a standalone business from its headquarters in Austin, Texas. The transaction, expected to close before the end of 2024, is subject to conditions including the tender of a majority of the outstanding shares of Lumos Pharma's common stock. Officers, directors and shareholders holding 17.7% of Lumos Pharma's common stock have agreed to support the merger and tender their shares. In addition to the merger, Lumos Pharma has announced alignment with the US Food and Drug Administration (FDA) on the final Phase III study design for LUM-201, a treatment for
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LUMO
News
- Updated Phase 2 OraGrowtH Data Presented at ESPE 2024 Demonstrate Sustained Growth on Oral LUM-201 to 24 Months in PGHD and Correlation of Growth to LUM-201's Unique Pulsatile Mechanism of Action [Yahoo! Finance]Yahoo! Finance
- Updated Phase 2 OraGrowtH Data Presented at ESPE 2024 Demonstrate Sustained Growth on Oral LUM-201 to 24 Months in PGHD and Correlation of Growth to LUM-201’s Unique Pulsatile Mechanism of ActionGlobeNewswire
- Lumos Pharma, Inc. (NASDAQ: LUMO) had its "neutral" rating re-affirmed by analysts at HC Wainwright. They now have a $4.25 price target on the stock.MarketBeat
- SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Lumos Pharma Inc. – LUMOGlobeNewswire
- Lumos Pharma Announces Two Abstracts Accepted for Oral Presentation at the 62n? Annual ESPE Meeting 2024GlobeNewswire
LUMO
Earnings
- 8/1/24 - Beat
LUMO
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- LUMO's page on the SEC website