BRIEF-Investor Makes Proposal To Acquire Aikido Pharma For $8 Per Share In Cash

Reuters

2022-08-09

Aug 9 (Reuters) - Aikido Pharma Inc :

* INVESTOR MAKES PROPOSAL TO ACQUIRE AIKIDO PHARMA FOR $8.00 PER SHARE IN CASH

* SHALOM AUERBACH SAYS BENEFICIALLY OWN ABOUT 3.8% OF AIKIDO PHARMA'S COMMON STOCK

* SHALOM AUERBACH SAYS HAS SENT A LETTER PROPOSING TO ACQUIRE AIKIDO PHARMA FOR $8.00 PER SHARE IN CASH

* SHALOM AUERBACH SAYS HIGHLY CONFIDENT WOULD BE ABLE TO FULLY FUND DEAL TO ACQUIRE AIKIDO PHARMA USING CASH ON HAND AND EXTERNAL FINANCING

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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