MergerOct 6, 2026, 04:16 PM
Simulations Plus Acquired for $376.8M; Now Privately Held
AI Summary
Simulations Plus, Inc. announced the completion of its acquisition by affiliates of Altaris, LLC. Each outstanding share of common stock was converted into the right to receive $18.50 in cash, valuing the total transaction at approximately $376.8 million. As a result, Simulations Plus has become a privately held company and its common stock will no longer trade on the Nasdaq. The company will be combined with CCG, another Altaris portfolio company, to create a comprehensive platform for drug development.
Key Highlights
- Simulations Plus, Inc. common stock acquired for $18.50 per share in cash.
- Total transaction valued at approximately $376.8 million.
- Company Options vested and were cancelled, converted to cash based on exercise price.
- Simulations Plus is now a privately held company, no longer trading on Nasdaq.
- Simulations Plus will be combined with Altaris portfolio company Chemical Computing Group (CCG).
- The combined entity aims to create a broader platform spanning drug discovery, modeling, simulation, and development.
Price Impact
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