share_log

Lucy Scientific Discovery Reiterates Its Proposal to Acquire Pasithea Therapeutics

Benzinga ·  06/30/2023 02:51

Under the terms of the offer made on June 5th, Lucy proposed to pay $0.60 in cash, and $0.25 cents in Lucy stock (NASDAQ:LSDI) for every share of Pasithea common stock. Given that Pasithea's stock closed at $0.35 per share on June 1, 2023, the Proposal of $0.85 per share equates to 142% premium to Pasithea's share price. In fact, the cash component alone represents a 71% premium.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment