Thursday, May 21, 2020

Equity Corporate Actions Alert #2020 - 91
(UPDATED: Plan of Arrangement Effective) Information Regarding the Merger of Correvio Pharma Corp. (CORV)


  • Industry Announcement

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At a special meeting held on May 15, 2020, shareholders of Correvio Pharma Corp. (CORV) approved the plan of arrangement involving Correvio Pharma Corp. and a subsidiary of ADVANZ PHARMA Corp. Limited. The arrangement closed prior to the market open on May 27, 2020. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. EST on May 26, 2020. The stock will remain halted on the day of closing (May 27th) and will be suspended effective May 28, 2020. The details are as follows:

Company: Correvio Pharma Corp.
Issue: Common Stock
CUSIP#: 22026V105
Symbol: CORV
Last Trading Date: May 26, 2020
Marketplace Effective Date for Suspension: May 28, 2020
Merger Consideration: $0.42 in cash per share held.

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