PolarityTE (PTE) confirms receipt of unsolicited, non-binding offer to acquire the company

  • November 9, 2022


StockPolarityTE, Inc.SymbolPTE
Date Announced11/09/2022Source Press Release
TypeUnsolicited BidAcquiring Company/Person Michael Brauser

PolarityTE, Inc. (PTE), confirmed that on November 1, 2022, it received an unsolicited, non-binding offer from Michael Brauser to acquire all of the outstanding common stock of the Company not owned by him for $1.25 per share in cash.


December 27, 2022: PolarityTE (PTE), announced that it signed a non-binding letter of intent with Michael Brauser for him to make an offer to acquire 100% of the outstanding equity interests of the company at a proposed offering price of $1.03 per common share, which would be paid entirely in cash.

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