Alerislife announces closing of tender offer

Newton, mass.--(business wire)--alerislife inc. (nasdaq: alr) today announced that abp acquisition llc, or abp, has successfully completed the previously announced tender offer to acquire all outstanding shares of the common stock of alr for $1.31 per share in cash. $1.31 per share represents an 85% premium to the 30-day average trading price prior to the tender announcement. the tender offer expired at one minute after 11:59 p.m., eastern time, on march 17, 2023.
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