Assertio Holdings, Inc. 8-K

What Happened

• Assertio Holdings, Inc. announced on May 5, 2026 (press release) that on May 4, 2026 it reached a mutual agreement with Garda Therapeutics, Inc. to extend the deadline to commence the previously announced tender offer to May 8, 2026.
• The extension is in connection with an Amended and Restated Agreement and Plan of Merger dated May 1, 2026 among Assertio, Garda, and Audi Merger Sub, Inc.

Key Details

• Press release announcing the extension was issued May 5, 2026 (attached as Exhibit 99.1 to the 8‑K).
• The mutual agreement to extend the tender offer deadline was reached on May 4, 2026.
• New deadline to begin the tender offer: May 8, 2026.
• The change is tied to the Amended and Restated Merger Agreement dated May 1, 2026.

Why It Matters

• For shareholders, the updated start date means more time before the tender offer begins; anyone considering tendering shares should note the new timeline.
• For investors tracking the merger, the filing confirms the parties are coordinating timing but does not disclose any changes to the merger terms or price.
• Market participants should watch for further filings or press releases for the actual commencement of the tender offer and any additional schedule changes.