Silverback Therapeutics, Inc.
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SBTX STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE MERGER OF SILVERBACK THERAPEUTICS, INC. IS FAIR TO SHAREHOLDERS
July 21, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of Silverback Therapeutics, Inc. (NASDAQ: SBTX) and ARS Pharmaceuticals, Inc. is fair to Silverback shareholders. Under the terms of the merger agreement, assuming that Silverback’s net cash at closing is $240 million, Silverback equity holders are expected to own approximately 37% of the combined company.
The investigation concerns whether Silverback and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Silverback shareholders; and (2) disclose all material information necessary for Silverback shareholders to adequately assess and value the merger consideration. On behalf of Silverback shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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