VYNE Therapeutics Inc. has entered into an amendment to its agreement with Yarrow Bioscience, Inc. and Yarrow Merger Sub Corp. The amendment allows VYNE to provide certain pre-funded warrants to Yarrow stockholders who, under the exchange ratio, would otherwise exceed a set beneficial ownership limitation. These pre-funded warrants will permit holders to purchase shares of VYNE common stock equal to the excess entitlement. The update also clarifies that the Parent Pre-Closing Dividend may be awarded to holders of VYNE common stock and shares underlying certain outstanding VYNE warrants as of the record date.

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