- Gilead extended tender offer to buy Arcellx shares to 5:00 p.m. ET on April 24, 2026, from April 2, 2026.
- Offer terms remain USD 115 per share in cash plus one CVR per share.
- CVR pays USD 5 on March 31, 2030 if cumulative worldwide sales of anito-cel exceed USD 6 billion by Dec. 31, 2029.
- About 4.4 million shares were tendered as of March 31, 2026, representing 7.5% of shares outstanding.
- Closing is expected in second quarter of 2026, subject to customary conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gilead Sciences Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260401047959) on April 01, 2026, and is solely responsible for the information contained therein.
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