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)

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  • Industry Announcement

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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.


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