Quince Therapeutics Confirms Receipt of Unsolicited Acquisition Offer from Echo Lake Capital
22 3월 2023 - 6:00PM
Business Wire
Quince Therapeutics, Inc. (Nasdaq: QNCX), a biotechnology
company focused on acquiring, developing, and commercializing
innovative therapeutics that transform patients’ lives, today
confirmed that it received an unsolicited offer to acquire the
company from Echo Lake Capital. Quince’s Board of Directors,
consistent with its fiduciary responsibilities, will carefully
review and evaluate the proposal to determine the course of action
it believes is in the best interests of the company and its
stockholders. Quince stockholders need not take any action at this
time.
About Quince Therapeutics
Quince Therapeutics is a biotechnology company focused on
acquiring, developing, and commercializing innovative therapeutics
that transform the lives of patients suffering from debilitating
and rare diseases. The company is actively seeking compelling
clinical-stage assets available for in-licensing and acquisition to
expand its development pipeline. For more information, visit
www.quincetx.com and follow Quince Therapeutics on LinkedIn and
@Quince_Tx on Twitter. Interest regarding in-licensing and
acquisition opportunities can be directed to bd@quincetx.com.
Forward-looking Statements
Statements in this news release contain “forward-looking
statements” that are subject to substantial risks and
uncertainties. Forward-looking statements contained in this news
release may be identified by the use of words such as “believe,”
“expect,” “intend,” “goal,” “will,” “can,” “may,” “estimate,”
”plan,” “potential,” ”seek,” “positioned,” or other similar words.
Examples of forward-looking statements include, among others,
statements relating to its focus, objectives, plans and strategies;
and the ability to find different partnership opportunities to
expand its development pipeline through in-licensing and
acquisition of clinical-stage assets. Forward-looking statements
are based on Quince’s current expectations and are subject to
inherent uncertainties, risks, and assumptions that are difficult
to predict and could cause actual results to differ materially from
what the company expects. Further, certain forward-looking
statements are based on assumptions as to future events that may
not prove to be accurate. Factors that could cause actual results
to differ include, but are not limited to, the risks and
uncertainties described in the section titled “Risk Factors” in the
company’s Annual Report on Form 10-K filed with the Securities and
Exchange Commission (SEC) on March 15, 2023, and other reports as
filed with the SEC. Forward-looking statements contained in this
news release are made as of this date, and Quince undertakes no
duty to update such information except as required under applicable
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230322005286/en/
Stacy Roughan Quince Therapeutics, Inc. Vice President,
Corporate Communications & Investor Relations
ir@quincetx.com
Quince Therapeutics (NASDAQ:QNCX)
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Quince Therapeutics (NASDAQ:QNCX)
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