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Earnings Announcements, Equity Financing / Related

PDL Biopharma To Complete Spin-Off Of Lensar, Inc. On October 1, 2020

Published: 09/10/2020 13:37 GMT
(PDLI) - Pdl Biopharma to Complete Spin-off of Lensar, Inc. on October 1, 2020.
Pdl Biopharma Inc - Approved Separation of Lensar From Pdl in Form of a Dividend Involving Distribution of All Shares of Lensar Common Stock.
Pdl Biopharma Inc - Pdl Stockholders Will Receive 0.075879 Shares of Lensar Common Stock for Every One Share of Pdl Common Stock Held by Such Holders.
Pdl Biopharma Inc - Lensar Stock is Expected to Be Listed on Nasdaq Under Symbol "lnsr.