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Stock impact report

Quidel Announces Private Exchange Transactions

QuidelOrtho Corporation (QDEL) 
Last quidelortho corporation earnings: 2/12 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.quidel.com
Company Research Source: Business Wire
SAN DIEGO--(BUSINESS WIRE)-- Quidel Corporation (NASDAQ: QDEL) (“Quidel”), a provider of rapid diagnostic testing solutions, cellular-based virology assays and molecular diagnostic systems, announced today that it has entered into separate, privately negotiated exchange agreements with certain holders of its 3.25% Convertible Senior Notes due 2020 (the “2020 Notes”). Pursuant to these exchange agreements Quidel will exchange approximately $45.372 million in aggregate principal amount of the 2020 Notes for (i) approximately 1,273,601 shares of the company’s common stock plus (ii) an additional number of newly issued shares of the company’s common stock to be determined based on the volume weighted average price of the company’s common stock over the three consecutive trading days commencing on June 5, 2019. The transactions are expected to close on June 17, 2019. About Quidel Corporation Quid Show less Read more
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