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Wednesday, April 1, 2020

Equity Corporate Actions Alert #2020 - 58
(UPDATED: Merger Effective) Information Regarding the Tender Offer for the Shares of Forty Seven, Inc. (FTSV)

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  • Industry Announcement

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The tender offer by Toro Merger Sub, Inc., a wholly owned subsidiary of Gilead Sciences, Inc., to acquire all of the outstanding shares of Forty Seven, Inc. (FTSV) expired at one minute after 11:59 PM on Monday, April 6, 2020. The subsequent merger became effective prior to the open of trading on, Tuesday, April 7, 2020. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on April 6, 2020. The stock will remain halted today (April 7th) and will be suspended effective April 8, 2020. The details are as follows:

Company: Forty Seven, Inc.
Issue: Common Stock
CUSIP#: 34983P104
Symbol: FTSV
Last Trading Date: April 6, 2020
Marketplace Effective Date for Suspension: April 8, 2020
Merger Consideration: $95.50 in cash for each share held.

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