Predictive Oncology Announces Progress in Ongoing Evaluation of Strategic Alternatives
Predictive Oncology (NASDAQ: POAI) announced progress in its strategic alternatives evaluation, initiated on November 13, 2024. The company is exploring options including potential sale, asset sales, mergers, licensing agreements, or strategic investments to maximize shareholder value. Multiple confidential discussions are ongoing with prospective partners, involving due diligence. The company's assets include a biobank of over 150,000 tumor samples, 200,000 pathology slides, and longitudinal drug response data, which management believes are undervalued at current market prices. While discussions are ongoing with multiple parties, there's no guarantee of any transaction or specific timing.
Predictive Oncology (NASDAQ: POAI) ha annunciato progressi nella valutazione delle alternative strategiche, iniziata il 13 novembre 2024. L'azienda sta esplorando opzioni tra cui potenziali vendite, vendite di attivi, fusioni, accordi di licenza o investimenti strategici per massimizzare il valore per gli azionisti. Multiple discussioni riservate sono in corso con potenziali partner, coinvolgendo la due diligence. Gli attivi dell'azienda comprendono una biobanca di oltre 150.000 campioni tumorali, 200.000 vetrini patologici e dati longitudinali sulla risposta ai farmaci, che la direzione ritiene sottovalutati ai prezzi di mercato attuali. Anche se le trattative sono in corso con più parti, non c'è alcuna garanzia di una transazione o di tempistiche specifiche.
Predictive Oncology (NASDAQ: POAI) anunció avances en su evaluación de alternativas estratégicas, iniciada el 13 de noviembre de 2024. La empresa está explorando opciones que incluyen una posible venta, ventas de activos, fusiones, acuerdos de licencia o inversiones estratégicas para maximizar el valor para los accionistas. Se están llevando a cabo múltiples discusiones confidenciales con posibles socios, involucrando la debida diligencia. Los activos de la empresa incluyen una biobanco de más de 150,000 muestras de tumores, 200,000 diapositivas de patología y datos sobre la respuesta a fármacos a lo largo del tiempo, que la dirección cree que están subvalorados a los precios de mercado actuales. Si bien las conversaciones continúan con múltiples partes, no hay garantía de ninguna transacción o de un cronograma específico.
예측 종양학 (NASDAQ: POAI)는 2024년 11월 13일에 시작된 전략적 대안 평가에서 진행 상황을 발표했습니다. 회사는 주주 가치를 극대화하기 위해 잠재적 판매, 자산 매각, 합병, 라이센스 계약 또는 전략적 투자를 포함한 옵션을 탐색하고 있습니다. 여러 비공식적인 논의가 예상 파트너들과 진행 중이며, 실사가 포함되고 있습니다. 회사의 자산에는 150,000개 이상의 종양 샘플, 200,000개의 병리 슬라이드 및 약물 응답 데이터가 포함되며, 경영진은 현재 시장 가격에서 과소평가되었다고 믿고 있습니다. 여러 당사자와 논의가 진행 중이지만, 거래나 특정 시기에 대한 보장은 없습니다.
Predictive Oncology (NASDAQ: POAI) a annoncé des progrès dans son évaluation des alternatives stratégiques, lancée le 13 novembre 2024. La société explore des options telles que la vente potentielle, les ventes d'actifs, les fusions, les accords de licence ou les investissements stratégiques pour maximiser la valeur pour les actionnaires. De multiples discussions confidentielles sont en cours avec des partenaires potentiels, impliquant une due diligence. Les actifs de l'entreprise comprennent une biobanque de plus de 150 000 échantillons tumoraux, 200 000 lames de pathologie et des données longitudinales sur la réponse aux médicaments, que la direction croit sous-évalués aux prix de marché actuels. Bien que des discussions soient en cours avec plusieurs parties, il n'y a aucune garantie d'une transaction ou d'un calendrier spécifique.
Predictive Oncology (NASDAQ: POAI) hat Fortschritte bei der Bewertung seiner strategischen Alternativen bekannt gegeben, die am 13. November 2024 begonnen wurde. Das Unternehmen untersucht Optionen, darunter potenzielle Verkäufe, Asset-Verkäufe, Fusionen, Lizenzvereinbarungen oder strategische Investitionen, um den Aktionärswert zu maximieren. Mehrere vertrauliche Gespräche mit potenziellen Partnern sind im Gange und beinhalten die Due Diligence. Die Vermögenswerte des Unternehmens umfassen eine Biobank mit über 150.000 Tumormustern, 200.000 pathologischen Slides und longitudinalen Daten zur Arzneimittelantwort, von denen das Management glaubt, dass sie zum aktuellen Marktpreis unterbewertet sind. Während Gespräche mit mehreren Parteien im Gange sind, gibt es keine Garantie für eine Transaktion oder einen spezifischen Zeitrahmen.
- Multiple parties actively engaged in due diligence process
- Company holds valuable assets including 150,000+ tumor samples and 200,000+ pathology slides
- Strategic advisor engaged to maximize shareholder value
- Management indicates current market valuation inadequately reflects company value
- No guarantee of successful transaction completion
- Uncertainty regarding timing and outcome of strategic alternatives process
Insights
The strategic review announcement carries significant weight for a micro-cap company with a
The engagement in confidential discussions with multiple parties suggests serious interest, though the micro-cap valuation presents both opportunities and risks. A successful transaction could deliver substantial premium to current shareholders, while failure to complete a deal might negatively impact the stock. The company's proactive approach to value realization through potential sale, merger, or strategic partnership demonstrates proper fiduciary responsibility given the disconnect between asset value and market capitalization.
PITTSBURGH, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery, today announced progress in its ongoing evaluation of strategic alternatives, which was announced on November 13, 2024.
As part of this process, the Company is considering a wide range of options with a focus on maximizing shareholder value, including a potential sale of the Company, a sale of one or more assets of the Company, a merger, licensing agreement, or other strategic investment. Since the formal process began, the Company has held, and continues to hold, confidential level discussions with a number of prospective partners, and comprehensive due diligence remains ongoing with several parties.
“We believe the value of our unique portfolio of assets, including our vast biobank of more than 150,000 tumor samples, 200,000 pathology slides, and decades of longitudinal drug response data, are not adequately reflected in our current market valuation,” stated Raymond Vennare, Chief Executive Officer of Predictive Oncology. “As a result, we have engaged a strategic advisor to help identify a wide range of strategic alternatives with the goal of maximizing value for our shareholders. While we cannot guarantee that a transaction will occur, it is worth noting that we are currently engaged in productive discussions with multiple interested parties and look forward to the timely completion of this process.”
There can be no assurance that the exploration of strategic alternatives will result in any agreements or transactions, or as to the timing of any such agreements or transactions. Predictive Oncology does not intend to discuss or disclose further developments regarding the exploration of strategic alternatives unless and until its Board of Directors has approved a specific action or otherwise determined that further disclosure is appropriate or required by law.
About Predictive Oncology
Predictive Oncology is on the cutting edge of the rapidly growing use of artificial intelligence and machine learning to expedite early biomarker and drug discovery and enable drug development for the benefit of cancer patients worldwide. The company’s proprietary AI/ML platform has been scientifically validated to predict with
Contact:
Tim McCarthy
LifeSci Advisors, LLC
tim@lifesciadvisors.com
Forward-Looking Statements:
Certain matters discussed in this release contain forward-looking statements. These forward- looking statements reflect our current expectations and projections about future events and are subject to substantial risks, uncertainties and assumptions about our operations and the investments we make. All statements, other than statements of historical facts, included in this press release regarding our strategy, future operations, future financial position, future revenue and financial performance, projected costs, prospects, changes in management, plans and objectives of management are forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “would,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Our actual future performance may materially differ from that contemplated by the forward-looking statements as a result of a variety of factors including, among other things, factors discussed under the heading “Risk Factors” in our filings with the SEC. Except as expressly required by law, the company disclaims any intent or obligation to update these forward-looking statements.
FAQ
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