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DWHP Announces Extension of The Expiration Time of Its Tender Offer


Press release content from PR Newswire. The AP news staff was not involved in its creation.
DWHP Announces Extension of The Expiration Time of Its Tender Offer
January 22, 2021 GMT
PARK CITY, Utah, Jan. 21, 2021 /PRNewswire/ DW Healthcare Partners V, L.P. (“DWHP”), announced today that it is extending the expiration time of its previously announced cash tender offer (the “Tender Offer”) in the Offer to Purchase dated December 21, 2020 (“Offer to Purchase”) for all of the outstanding ordinary shares (the “Tender Securities”) of Parnell Pharmaceuticals Holdings Ltd (OTC Pink Open Market: PARNF) (“Parnell”) at a price of U.S.$0.40 per share, net to the seller in cash without interest and less applicable withholding taxes to 11:59 p.m., New York City time, on January 28, 2021 (the “New Expiration Time”). ....

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