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DW Healthcare Partners Invests in Parnell


DW Healthcare Partners Invests in Parnell
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PARK CITY, Utah, Feb. 1, 2021 /PRNewswire/  DW Healthcare Partners ( DWHP ) a healthcare-focused private equity firm, announced the completion of its investment in Parnell Pharmaceuticals Holdings Ltd (OTC: PARNF) ( Parnell or the Company ). Founded over 50 years ago in Australia, Parnell is a fully integrated manufacturer and developer of animal health pharmaceuticals focused on the US market.
Parnell has an attractive position with an FDA approved manufacturing facility dedicated to animal health drugs with a particular focus on sterile injectables, said Eric Moore, Principal at DWHP. Alan and Brad have done a great job building a quality and compliance culture at the Company and over the last three years have dramatically transformed the organization. We look forward to helping them accelerate growth in the coming years. ....

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DWHP Announces Expiration And Final Results Of Its Cash Tender Offer For All Outstanding Ordinary Shares Of Parnell Pharmaceuticals Holdings Ltd.


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PARK CITY, Utah, Jan. 29, 2021 /PRNewswire/  DW Healthcare Partners V, L.P. ( DWHP ), announced today the expiration and final results of its previously announced cash tender offer (the Tender Offer ) to purchase 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. The Tender Offer expired at one minute after 11:59 p.m., New York City time on January 28, 2021 (the Expiration Time ).
The terms and conditions of the Tender Offer are described in the Offer to Purchase, dated December 21, 2020 ( Offer to Purchase ) and related Letter of Transmittal (the Letter of Transmittal ). ....

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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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