Sarepta recommends stockholders reject the below-market mini-tender offer by trc capital investment corporation

Cambridge, mass., april 26, 2021 (globe newswire) -- sarepta therapeutics, inc. (sarepta) (nasdaq:srpt) today announced that it has received notice of an unsolicited mini-tender offer by trc capital investment corporation (trc capital) to purchase up to 2,000,000 shares of sarepta common stock at a price of $68.50 per share in cash. trc capital's offer price is approximately 4.6% lower than the closing share price of sarepta's common stock on april 16, 2021, the last business day prior to the commencement of the offer. the offer is for approximately 2.52% of the shares of sarepta common stock outstanding.
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