MergerAug 13, 2026, 05:08 PM
Simulations Plus HSR Waiting Period Expires for Altaris Merger
AI Summary
Simulations Plus announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has expired for its pending acquisition by Altaris. This satisfies a key regulatory condition for the merger, which was initially announced on June 16, 2026. The transaction is still contingent on approval from Simulations Plus shareholders and certain regulatory approvals in France, with an expected closing in the second half of calendar 2026.
Key Highlights
- The Hart-Scott-Rodino (HSR) Antitrust Improvements Act waiting period for the merger has expired.
- Simulations Plus, Inc. is being acquired by Altaris, LLC.
- The Merger Agreement was initially entered into on June 16, 2026.
- The merger remains subject to approval by Simulations Plus shareholders.
- Certain regulatory approvals in France are still required for the merger to close.
- The transaction is expected to close in the second half of calendar 2026.
Price Impact
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