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Monday, September 18, 2023

Equity Corporate Actions Alert #2023 - 527
(UPDATED: Merger closed) Information Regarding the Tender Offer of Decibel Therapeutics, Inc. (DBTX)

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  • Industry Announcement

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  • Nasdaq Corporate Data Operations at
    +1 877 308 0523
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The tender offer by Regeneron Pharmaceuticals Inc. (REGN) to acquire all of the outstanding common stock of Decibel Therapeutics, Inc. (DBTX) expired one minute past 11:59 p.m. ET on September 22, 2023. The subsequent merger closed prior to the market open today, September 25, 2023. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on September 22, 2023. The stock will remain halted on the day of closing (September 25th) and will be suspended effective September 26, 2023. The details are as follows:

Company/Issue: Decibel Therapeutics, Inc. Common Stock
CUSIP#: 24343R106
Symbol: DBTX
Last Trading Date: September 22, 2023
Marketplace Effective Date for Suspension: September 26, 2023
Merger Consideration: $4.00 & one (1) contingent value right for each share held.

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