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Assertio Holdings to Be Acquired by Garda for $18.00

Announced
HealthcareIllinoisMerger

Deal Overview

Garda Therapeutics has entered into an agreement to acquire Assertio Holdings through a cash tender offer followed by a merger. The offer provides for $18.00 per share in cash as the base purchase price.

The tender offer price also includes one contingent value right per share under a CVR agreement, with potential additional cash payments tied to the CVR terms. After the offer, the purchaser will merge with and into Assertio, with Assertio surviving as a wholly owned subsidiary of Garda. The filing is an Amendment No. 1 to a Form 8-K dated April 8, 2026, correcting and replacing Item 1.01 and updating conformed signatures on certain exhibits.

Key Details

Transaction
Garda Therapeutics acquires Assertio Holdings
Deal Size
Over $100M
Reported Value
$18.00 per share

Source

Read full article on sec.gov

via SEC EDGAR — SC TO · April 9, 2026

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