Evoke Pharma Rallies After QOL Agrees to Buy Company for $11/Share

Dow Jones

11/04

By Rob Curran

Shares of Evoke Pharma more than doubled after the developer of biotech treatments for gastrointestinal and rare diseases agreed to a buyout from closely held rival QOL Medical for a substantial premium to its Monday closing price.

QOL agreed to buy Evoke for $11 a share in a deal expected to close by the end of the year. QOL said it will fund the transaction with cash on hand.

Shares of Evoke have more than doubled to $10.70 premarket.

Evoke makes a nasal spray approved by the Food and Drug Administration for the treatment of a digestive condition called gastroparesis.

Write to Rob Curran at rob.curran@wsj.com

(END) Dow Jones Newswires

November 04, 2025 09:02 ET (14:02 GMT)

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QOL said it will fund the transaction with cash on hand. \n</p>\n<p>\n  Shares of Evoke have more than doubled to $10.70 premarket. \n</p>\n<p>\n  Evoke makes a nasal spray approved by the Food and Drug Administration for the treatment of a digestive condition called gastroparesis. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 04, 2025 09:02 ET (14:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EVOK","symbol_name":"Evoke Pharma Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2580308057","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2580308057","pubTimestamp":1762264920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Evoke Pharma more than doubled after the developer of biotech treatments for gastrointestinal and rare diseases agreed to a buyout from closely held rival QOL Medical for a substantial premium to its Monday closing price.QOL agreed to buy Evoke for $11 a share in a deal expected to close by the end of the year. 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