eMed commences tender offer for Science 37
MIAMI, Feb. 12, 2024 /PRNewswire/ — eMed, LLC (“eMed”) today announced that its wholly-owned subsidiary, Marlin Merger Sub Corporation, a Delaware corporation (“Purchaser”), has commenced a cash tender offer to purchase all the outstanding shares of common stock, par value $0.0001 per share, of Science 37 Holdings, Inc. (NASDAQ: SNCE) (“Science 37”) for a price of $5.75 per share (the “Offer”). The Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 12, 2024 and the related Letter of Transmittal and pursuant to the terms of the previously announced Agreement and Plan of Merger, dated as of January 28, 2024 (the “Merger Agreement”), among eMed, Purchaser and Science 37. A successful consummation of the tender offer will be followed by a merger to acquire any untendered shares of Science 37 for the same price payable in the tender offer.