The Main Points
- Tetragon today announces the commencement of a tender offer to purchase a portion of its outstanding non-voting shares for a maximum aggregate payment of $50,000,000 in cash. The tender offer, which was initially announced by Tetragon on 29 July 2026, will be conducted as a "modified Dutch auction" with shareholders able to tender their Tetragon non-voting shares at prices ranging from and including $12.75 up to and including $14.75 per share. The tender offer is expected to expire at 11:59 p.m.