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Stock impact report

Organovo Holdings Founder Calls on Board of Directors to Accept Stockholders’ Opposition to the Illogical Merger With Tarveda Therapeutics

Organovo Holdings, Inc. (ONVO) 
NASDAQ:AMEX Investor Relations: organovo.com/about/contact/investor-relations
Company Research Source: GlobeNewswire
Believes Stockholders Sent a Loud and Clear Message at Special Meeting That They Oppose This Value-Destructive Combination    Encourages Board of Directors to Heed Investor Feedback and Re-Focus on Bioprinting Urges Incumbent Directors to Resign if They Are Unwilling to Be Responsive to Investors SAN DIEGO, April 02, 2020 (GLOBE NEWSWIRE) -- Keith Murphy, founder and former Chief Executive Officer of Organovo Holdings, Inc. (NASDAQ: ONVO) (“Organovo” or the “Company”), today issued the following statement regarding the adjournment of the March 26 special meeting of stockholders (the "Special Meeting") related to the proposed merger with Tarveda Therapeutics, Inc. (“Tarveda”): “Organovo’s failure to obtain requisite support for the Tarveda merger at last week’s Special Meeting reinforces my belief that stockholders do not want a value-destructive combination with a weak, poorly-positioned company. Rather than try to convince stockholders to vote for an illogical Show less Read more
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