February 9, 2016 1:35pm

Astellas has extended, through its indirect wholly-owned subsidiary Laurel Acquisition Inc., the offering period of the tender offer to purchase all issued and outstanding shares of common stock of OCAT for a price of US $8.50 per share, net to the holder in cash until 5:00 pm, U.S. ET, on 2/9/16. 


 

The tender offer, as previously extended, was scheduled to expire at 5:00 pm, U.S. ET, on January 21, 2016. The further extension of the tender offer will allow OCAT's stockholders additional time to tender their shares into the Tender Offer.

 

All terms and conditions of the tender offer remain unchanged during the extended offering period.

 

Leaves a lot to say about this board of directors (BOD) and CEO representation of their shareholders … there is currently and will be a backlash about their individual perception … if they are considered to represent other companies <as BOD members> and their stakeholders!