BioNTech Completes CureVac Acquisition with 184,071,410 Shares Validly Tendered
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2025
0mins
BioNTech (BNTX) announced that 184,071,410 shares of CureVac (CVAC), representing approximately 81.74% of CureVac's issued and outstanding shares, were validly tendered and not properly withdrawn prior to the expiration of the initial offering period at 9:00 a.m. Eastern Time on December 3, 2025. As a result, the minimum condition for the exchange offer has been satisfied, and all validly tendered shares have been accepted. All closing conditions related to the completion of the post-offer reorganization have now been satisfied. BioNTech will now proceed to deliver BioNTech American Depositary Shares to the holders of CureVac shares who have tendered their shares, to close the transaction, as set out in more detail in the offer documents. BioNTech also announced that the subsequent offering period has commenced. CureVac shareholders who have not yet tendered their shares may still tender during the subsequent offering period, which will expire at 12:01 a.m. Eastern Time on Thursday, December 18, 2025. No guaranteed delivery procedures apply. The parties will initiate the post-offer reorganization as promptly as practicable following the expiration of the subsequent offering period. The post-offer reorganization will result in non-tendering holders of CureVac shares receiving BioNTech ADSs pursuant to the post-offer reorganization. Non-tendering holders of CureVac shares who receive BioNTech ADSs pursuant to the post-offer reorganization generally will be subject to a 15% Dutch dividend withholding tax.
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Analyst Views on BNTX
Wall Street analysts forecast BNTX stock price to rise
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 89.590
Low
113.00
Averages
143.17
High
181.00
Current: 89.590
Low
113.00
Averages
143.17
High
181.00
About BNTX
BioNTech SE is a Germany-based clinical-stage biotechnology company. The Company focuses on patient-specific immunotherapies for the treatment of cancer and other serious diseases. The Company is providing technologies including mRNA-based therapies, cell therapies, small molecules and antibodies, which can be utilized for specific purposes or can be even combined with each other in a synergistic manner. It also develops a broad product pipeline using different scientific approaches and technology platforms, including individualized mRNA-based product candidates, chimeric antigen receptor T-cells, checkpoint immunomodulators, targeted cancer antibodies and small molecules. In addition, the Company offers diagnostic products and drug discovery services for other therapeutic areas, including infectious diseases, allergies and autoimmune disorders.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Current Board Members' Mandate Extension: The extension of mandates for Helmut Jeggle, Prof. Anja Morawietz, and Prof. Rudolf Staudigl was also approved, ensuring experience and stability in key decision-making processes, which further drives the achievement of the company's strategic objectives.
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