Thinly traded nano cap Valeritas Holdings (NASDAQ:VLRX) jumps 51% premarket on increased volume in reaction to Zealand Pharma A/S’s (NASDAQ:ZEAL) $23M cash offer under the terms of a “stalking horse” asset purchase agreement.
Valeritas, maker of a wearable insulin delivery
device called V-Go, filed for Chapter 11 bankruptcy protection
yesterday, February 9.
https://seekingalpha.com/news/3539940-valeritas-up-51-premarket-on-zeland-pharma-bid
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