MEI Pharma (MEIP) Responds to Anson and Cable Car

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MEI Pharma Responds to Anson and Cable Car

June 27, 2023 5:15 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- MEI Pharma, Inc. (NASDAQ: MEIP) (the Company) today issued the following statement in response to the disclosure made today by Anson Advisors Inc. and Cable Car Capital LLC:

Anson and Cable Car reiterated their formerly disclosed, unsolicited and non-binding proposal that our Board of Directors previously reviewed and rejected. The Board determined that the proposal provides no basis for futher discussions with them regarding an alternative transaction. We believe that the proposal and Anson and Cable Cars subsequent disclosures, including todays press release,... More