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Thursday, May 26, 2022

Equity Corporate Actions Alert #2022 - 119
(UPDATED - Correction to merger consideration for QDEL) Information Regarding the Business Combination of Quidel Corp (QDEL) and Ortho Clinical Diagnostics Holdings plc (OCDX)

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  • Industry Announcement

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The business combination of Quidel Corp (QDEL) and Ortho Clinical Diagnostics Holdings plc (OCDX) will automatically become effective at 12:01AM ET on Friday, May 27, 2022. As a result the ordinary shares of Ortho Clinical Diagnostics Holdings plc (ORDX) will be suspended from trading on Nasdaq and Quidel Corp Common Stock (QDEL) will undergo a change to its corporate name and CUSIP number.

The suspension details are as follows:

Company Name/Issue: Ortho Clinical Diagnostics Holdings plc Ordinary Shares
CUSIP#: G6829J107
Symbol: OCDX
Last Trading Date: May 26, 2022
Marketplace Effective Date for Suspension: May 27, 2022
Merger Consideration: $7.14 in cash and .1055 of a share of QuidelOrtho Corporation Common Stock (QDEL) for each share held.

The combined company will be renamed QuidelOrtho Corporation, the ticker symbol will remain the same. The details are as follows:

Current Company Name/Issue: Quidel Corporation Common Stock
New Company Name/Issue: QuidelOrtho Corporation Common Stock
Current CUSIP: 74838J101
New CUSIP: 219798105
Symbol: QDEL
Marketplace Effective Date: May 27, 2022

If you would like to register as a market maker in QDEL, contact Nasdaq Trading Services at +1 212 231 5100.

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