Eargo (EAR) has released an update.
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A recent merger has been finalized, with shareholders of the acquired company receiving $2.55 per share. Stock options and restricted stock units (RSUs) were also settled in cash, based on specific terms. Following the merger’s conclusion, the company’s securities ceased trading on NASDAQ, with steps taken to delist and deregister the securities. In a press release, the company publicly announced the completion of this significant merger.
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