26 Sep 2016

Biodel and Albireo Limited

MorrowSodali

Biodel Inc. (NASDAQ: BIOD) today announced that its 2016 annual meeting of stockholders has been set for October 24, 2016. At that meeting, stockholders will vote on, among other things, matters necessary to complete Biodel’s planned transaction with Albireo Limited pursuant to a previously announced share exchange agreement, including the issuance of shares of Biodel’s common stock in the transaction and a proposed reverse stock split of Biodel’s common stock at a ratio of 1-for-30 shares.

 Morrow Sodali is acting as proxy solicitor for Biodel Inc.

Topics

Recent Deals and Transactions