PolarityTE will resume trading at 9:00 am ET, with quotation set to resume at 8:55 am ET, according to Nasdaq. The stock was halted with news pending ahead of the company announcing that it signed a non-binding letter of intent with Michael Brauser for him to make an offer to acquire 100% of the outstanding equity interests of the company at a proposed offering price of $1.03 per common share in cash.
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Published first on TheFly
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