Halper Sadeh Investigates Mersana's Sale to Day One for Shareholder Rights Violations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
0mins
Source: PRnewswire
- Legal Investigation Initiated: Halper Sadeh LLC is investigating Mersana Therapeutics, Inc.'s sale to Day One Biopharmaceuticals, Inc. for potential violations of federal securities laws and breaches of fiduciary duties, aiming to protect shareholder rights and ensure the legality of the transaction.
- Cidara Transaction Analysis: Cidara Therapeutics, Inc. is being sold to Merck for $221.50 per share in cash, raising concerns about shareholder rights, with Halper Sadeh LLC potentially seeking increased compensation and additional disclosures to ensure transparency in the deal.
- Merger Impact Assessment: Ryerson Holding Corporation's merger with Olympic Steel, Inc. will result in Ryerson shareholders owning approximately 63% of the combined entity, prompting Halper Sadeh LLC to evaluate the potential impacts of this transaction on shareholder rights to safeguard their interests.
- Shareholder Rights Protection: Halper Sadeh LLC offers no upfront legal fees for consultations, encouraging shareholders to reach out to discuss their legal rights and options, ensuring they receive appropriate compensation and disclosures in the transaction.
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Analyst Views on CDTX
Wall Street analysts forecast CDTX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CDTX is 209.67 USD with a low forecast of 173.00 USD and a high forecast of 221.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
2 Buy
6 Hold
0 Sell
Hold
Current: 221.380
Low
173.00
Averages
209.67
High
221.50
Current: 221.380
Low
173.00
Averages
209.67
High
221.50
About CDTX
Cidara Therapeutics, Inc. is a biotechnology company. The Company is using its Cloudbreak platform to develop drug-Fc conjugate (DFC), immunotherapies designed to save lives and improve the standard of care for patients facing serious diseases. The Company’s Cloudbreak platform enables development of DFCs that inhibit specific disease targets while simultaneously engaging the immune system. The Company’s lead DFC candidate CD388, is a highly potent antiviral designed to deliver universal prevention and treatment of seasonal and pandemic influenza, which has completed Phase I and Phase IIa clinical trials. Its oncology DFC candidate, CBO421, is a development candidate targeting CD73 for the treatment of solid tumors. Its Cloudbreak platform creates single molecule cocktails by coupling targeted small molecules and peptides to a human antibody fragment (Fc). The Company is also advancing multiple preclinical and discovery programs targeting cancer and autoimmune diseases.
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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