Entering text into the input field will update the search result below

Zogenix shares jump on UCB's $1.9B acquisition proposal

Jan. 19, 2022 5:52 AM ETZogenix, Inc. (ZGNX)By: Niloofer Shaikh, SA News Editor6 Comments
  • UCB to commence a tender offer to acquire Zogenix (NASDAQ:ZGNX) for ~$1.9B/€1.7B, consisting of $26 in cash per share plus contingent value right for a potential cash payment of $2.00 per share upon EU approval by December 31, 2023, of FINTEPLA as an orphan medicine for

Recommended For You

Comments (6)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

pgallop profile picture
Lucky timing, I sold a Covered Call at $28 strike that expiresJan 21/22.
Adambombfx profile picture
Not much of a profit for me but way better than a loss !

Sketlux profile picture
@Adambombfx Well done! I, unfortunately, capitulated in December to harvest my tax loss. Should have sold early or have a longer breath...
Adambombfx profile picture

Yes, ZGNX has been a rough ride !
airkills profile picture
The black box doesn’t seem to be that much of an issue except to hold down the price, at least the shorts got smoked or did they??? if they’re responsible for the share spike Tues morning and this leaked 24 hours early.
airkills profile picture
So the spike in share trading volume was what, a leak or was it management screwing over long time share holders.
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.