BTIG Downgrades DermTech Inc. (DMTK) to Neutral

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Go back to BTIG Downgrades DermTech Inc. (DMTK) to Neutral

DermTech to Explore Strategic Alternatives and Implement Restructuring Plan

April 18, 2024 4:15 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- DermTech, Inc. (NASDAQ: DMTK) (DermTech or the Company), a leader in precision dermatology enabled by a non-invasive skin genomics technology, today announced that the special committee of its board of directors engaged TD Cowen to conduct a process exploring strategic alternatives to maximize stockholder value. Potential strategic alternatives that may be explored or evaluated include an acquisition, merger, reverse merger, business combination, sale of assets, licensing or other transaction involving the Company.

There can be no assurance, however, that the strategic review process will result in any... More