Virtual Therapeutics, Akili Interactive (AKLI) Enter Into Definitive Merger Agreement

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Go back to Virtual Therapeutics, Akili Interactive (AKLI) Enter Into Definitive Merger Agreement

Virtual Therapeutics, Akili Interactive Enter Into Definitive Merger Agreement to Establish Leading Digital Health Company

May 29, 2024 8:00 AM EDT

Akili to operate as wholly owned subsidiary of Virtual Therapeutics

KIRKLAND, Wash. & BOSTON--(BUSINESS WIRE)-- Virtual Therapeutics, a company focused on improving mental health at scale using engaging, immersive games, and Akili, Inc. (Nasdaq: AKLI), a leading digital therapeutics company, today announced the signing of a definitive merger agreement to form a diversified, leading digital health company.

Under the terms of the agreement, Akili shareholders will receive $0.4340 per share of common stock in cash. The per share purchase price represents an approximately 4% premium to Akilis closing stock... More