Invitae Corp

NYSE:NVTA   3:59:57 PM EDT
+0.46 (+1.45%)
4:00:00 PM EDT: $32.21 +0.02 (+0.06%)
Debt Financing / Related

Invitae To Acquire Ciitizen To Strengthen Patient-Consented Health Data Platform To Improve Personal Outcomes And Global Research

Published: 09/07/2021 11:17 GMT
Invitae Corp (NVTA) - Invitae to Acquire Ciitizen to Strengthen Its Patient-consented Health Data Platform to Improve Personal Outcomes and Global Research.
Invitae Corp - Will Acquire Ciitizen for Approximately $325 Million.
Invitae - Will Acquire Ciitizen for About $325 Million, Consisting of About $125 Million in Cash and About 7,070,000 Shares of Invitae Common Stock.
Invitae - Will Issue About $225 Million in Restricted Stock Units to New Employees Who Join Invitae in Connection With Its Acquisition of Ciitizen.
Invitae Corp - Anil Sethi, CEO and Founder of Ciitizen, Will Receive Rsus With Respect to About 2,011,000 Shares of Invitae Common Stock.