Friday, February 14, 2020

Equity Corporate Actions Alert #2020 - 34
(UPDATED - Merger Effective) Information Regarding the Tender Offer for the Shares of Dermira, Inc. (DERM)


  • Industry Announcement

Markets Impacted:

Contact Information:


The tender offer by Bald Eagle Acquisition Corporation, a wholly owned subsidiary of Eli Lilly & Company, to acquire all of the outstanding shares of Dermira, Inc. (DERM) expired at one minute after 11:59 PM on Wednesday, February 19, 2020. The subsequent merger became effective prior to the open of trading today, Thursday, February 20, 2020. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on February 19, 2020. The stock will remain halted on the day of closing (February 20th) and will be suspended effective February 21, 2020. The details are as follows:

Company: Dermira, Inc.
Issue: Common Stock
CUSIP#: 24983L104
Symbol: DERM
Last Trading Date: February 19, 2020
Marketplace Effective Date for Suspension: February 21, 2020
Merger Consideration: $18.75 in cash for each share held.

Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives.

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: