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InsideArbitrage Potential Deal Alert: CENTOGENE (CNTG) Explores Strategic Alternatives

  • February 28, 2024

POTENTIAL DEAL DETAILS

StockCentogene N.V.SymbolCNTG
Date Announced02/28/2024Source Press Release
TypeCompany Seeking Strategic Alternatives

Centogene N.V. (CNTG) announced that the company has decided to explore a range of strategic alternatives. The Supervisory Board has appointed a special committee to oversee the exploration and evaluation of potential strategic alternatives and has engaged an advisory firm to support the process.

Centogene N.V. Investor Relations

Update(s):

February 28, 2024: Centogene N.V. (CNTG) announced that it received a letter from Nasdaq on February 27, 2024, stating that the company is at risk of delisting due to not meeting the minimum $15 million market value of publicly held shares requirement.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.