What happens to Neos stock after merger?

What happens to Neos stock after merger?

Upon the effectiveness of the merger (the “Merger”), Neos stockholders will be entitled to receive 0.1088 shares of common stock of Aytu for each share of Neos common stock held, after taking into account the one-for-ten reverse split of Aytu’s common stock that was effected on December 8, 2020.

Should I invest in Neos?

NEO has great growth potential, but no one can tell you what high any currency will reach. Based on our information, NEO will not reach 1,000 USD in the coming 5 years but will increase its value big time. NEO is a good long-term investment based on forecasts made by experts and price prediction algorithms.

What sector is Neo in?

Snapshot:NEO It operates in two segments, Clinical Services and Pharma Services.

Is AYTU a good stock?

Valuation metrics show that Aytu BioPharma Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.

Did Neos and AYTU merge?

(NASDAQ:AYTU), a specialty pharmaceutical company focused on commercializing novel therapeutics and consumer healthcare products, today announced the closing of its merger with Neos Therapeutics (previously trading on Nasdaq under “NEOS”).

Will NIO ever hit 100?

Based on a 25X forward earnings multiple, that implies a 2029 price target for Nio stock of nearly $140. Using a 9% discount rate, that implies a 2021 price target of nearly $70. So, while we think Nio stock is undervalued today and can and will power to $100 over time, we do not think shares will double overnight.

Why is Neo stock down?

What Caused NEO to Fall? Neogenomics stock is down after the company agreed to buy Intervetion Insights, which does business as Trapelo Health, for $65 million. The deal will be paid out $35 million in cash, and $30 million in NEO stock.

What type of stock is Neo?

NEO Exchange

Type Stock Exchange
Founded March 27, 2015
Owner Aequitas Innovations
Currency CAD
No. of listings 153 (July 2021)

What is neo selling for now?

NEO Price and Market Stats

NEO Price $47.13
24h Low / 24h High $45.82 / $47.79
7d Low / 7d High $41.96 / $47.85
Market Cap Rank #52
All-Time High $198.38 -76.2% Jan 15, 2018 (over 3 years)

Is AYTU a buy or sell?

Aytu Biopharma has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Is AYTU overvalued?

Aytu BioScience released its earnings results on Sep 26, 2021. According to Wall Street analysts Aytu BioScience’s price is currently Overvalued.

Did AYTU reverse split?

(“the Company” or “Aytu”) Board of Directors approved a 1-for-10 reverse stock split of the Company’s common stock, which will be effective at 8:00 a.m. Eastern Time on Tuesday, December 8, 2020. The Company’s stockholders approved the reverse stock split at an Annual Meeting of Stockholders on April 23, 2020.