Assertio and Garda postpone tender offer start to May 8, 2026
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Assertio and Garda Mutually Agree to Postpone Commencement of Tender Offer
May 5, 2026 9:00 AM EDTLAKE FOREST, Ill.--(BUSINESS WIRE)-- Assertio Holdings, Inc. (Assertio or the Company) (Nasdaq: ASRT), today announced that it has reached a mutual agreement with Garda Therapeutics, Inc. (Garda) to postpone the commencement of the previously announced tender offer to acquire all outstanding shares of Assertio to May 8, 2026.
As previously announced on May 4, 2026, Assertio has entered into an amended and restated merger agreement (the Garda Agreement) to be acquired by Garda for $21.80 per share in cash, or total cash consideration of $153.2 million. The Company expects to file a Schedule 14D-9 in connection with the tender... More
