Eli Lilly and Company (NYSE: LLY) and Adverum Biotechnologies, Inc. (NASDAQ: ADVM) announce that the tender offer (the “Offer”) by Flying Tigers Acquisition Corporation (“Purchaser”), a direct wholly-owned subsidiary of Lilly, to purchase all of the issued and outstanding shares (“Shares”) of Adverum’s common stock expired as scheduled at one minute past 11:59 p.m., Eastern Time, on December 8, 2025 (such date and time, the “Expiration Time”). All conditions to the Offer have been satisfied.
Read the full article: Lilly and Adverum Announce Expiration and Completion of Adverum Tender Offer and Acquisition //
Source: https://www.prnewswire.com/news-releases/lilly-and-adverum-announce-expiration-and-completion-of-adverum-tender-offer-and-acquisition-302636620.html