Provided By PR Newswire
Last update: Oct 12, 2021
NEW YORK, Oct. 11, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Adamas Pharmaceuticals, Inc. ("Adamas" or the "Company") (NASDAQ: ADMS) in connection with the proposed acquisition of the Company by Supernus Pharmaceuticals, Inc. ("Supernus") (NASDAQ: SUPN), via a tender offer. Under the terms of the merger agreement, the Company's shareholders will receive $8.10 per share in cash payable at closing, plus two non-tradable contingent value rights collectively worth up to $1.00 per share in cash, payable upon achieving certain net sales thresholds of the Company's lead product, GOCOVRI, for each share of Adamas common stock that they hold.
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