Athersys (ATHXQ) just unveiled an announcement.
In a significant move, the Debtors have successfully negotiated an asset sale to HEALIOS K.K., known as the Stalking Horse Bidder, for a raised purchase price of $2,250,000 following a “stalking horse” agreement. With no competing bids, the sale was approved by the Court and finalized on April 3, 2024. Concurrently, the Company’s board saw changes with the appointment of Kasey Rosado as director and the resignation of several others. This strategic transaction is crucial for investors following the company’s restructuring efforts and board reorganization.
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