Monday, September 18, 2023

Equity Corporate Actions Alert #2023 - 525
(UPDATED: Merger closed) Information Regarding the Merger of Paratek Pharmaceuticals, Inc. (PRTK)


  • Industry Announcement

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At a special meeting held on September 18, 2023, the shareholders of Paratek Pharmaceuticals, Inc. (PRTK) approved the merger with Resistance Acquisition, Inc. and Resistance Merger Sub, Inc. The merger closed prior to the market open on September 21, 2023. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on September 20, 2023. The stock will remain halted on the day of closing (September 21st) and will be suspended effective September 22, 2023. The details are as follows:

Company Name/Issue: Paratek Pharmaceuticals, Inc. Common Stock
CUSIP#: 699374302
Symbol: PRTK
Last Trading Date: September 20, 2023
Marketplace Effective Date for Suspension: September 22, 2023
Merger Consideration: $2.15 & one (1) Contingent Value Right (CVR) for each share held.

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