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The Company recently became aware of the rapid accumulation of a significant amount (19.3%) of the common stock of the Company by BML Investment Partners, L.P. (BML), as disclosed in a Schedule 13G/A filing on August 14, 2024.
Subject to limited exceptions, if a person or group acquires 20% or more of the Company's common stock or announces a tender offer and the consummation of that offer would result in such ownership, each right will entitle its holder to purchase, at the right's then-current exercise price, a number of shares of common stock having a market value at that time of twice the right's exercise price.
Posted In: ANTX
