Societal Cdmo (SCTL) has disclosed a new risk, in the Corporate Activity and Growth category.
Societal Cdmo faces significant uncertainty with the completion of its merger with CoreRx, as multiple conditions pose risks to the timely finalization of the transaction. If the merger fails to materialize, Societal Cdmo could suffer a material impact on its financial health and operational results. The company’s stock price may experience substantial volatility due to market reactions to merger-related announcements. Additionally, irrespective of the merger’s outcome, Societal Cdmo will incur substantial costs, potentially straining its finances further if the merger is not consummated.
The average SCTL stock price target is $1.10, implying 0.92% upside potential.
To learn more about Societal Cdmo’s risk factors, click here.