PRTK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Paratek Pharmaceuticals, Inc. Is Fair to Shareholders

Author's Avatar
Jun 11, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Paratek Pharmaceuticals, Inc. (NASDAQ: PRTK) to Gurnet Point Capital and Novo Holdings A/S is fair to Paratek shareholders. Under the terms of the agreement, Paratek shareholders will receive $2.15 per share in cash, plus a Contingent Value Right of $0.85 per share payable upon the achievement of $320 million in U.S. NUZYRA net sales (excluding certain permitted deductions, payments under Paratek’s contract with ASPR-BARDA, certain government payments and certain royalty revenue) in any calendar year ending on or prior to December 31, 2026.