Therapeutics, Shares

G1 Therapeutics Shares Conclude Trading Following Acquisition

Published on 11/19/2025 at 07:42 | Redaktion boerse-global.de

G1 Therapeutics US3621LQ1099

G1 Therapeutics Shares Conclude Trading Following Acquisition Illustration mit AI erstellt übermittelt durch boerse-global.de
G1 Therapeutics Shares Conclude Trading Following Acquisition Illustration mit AI erstellt übermittelt durch boerse-global.de

The publicly traded journey of G1 Therapeutics has reached its conclusion. The biotechnology firm ceased trading on the NASDAQ effective September 18, 2024, following its acquisition by Pharmacosmos A/S. This corporate action finalizes the investment timeline for shareholders.

Pharmacosmos Therapeutics, a Danish pharmaceutical company, secured all outstanding G1 Therapeutics shares in a transaction valued at approximately $405 million. The acquisition price was set at $7.15 per share, representing a significant premium compared to pre-announcement trading levels.

The tender offer succeeded with approximately 75% of shares tendered. Subsequent to the acquisition, G1 Therapeutics merged with a subsidiary of Pharmacosmos, resulting in its delisting from the public market. The company’s trading symbol, GTHX, has Read more...

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