tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ESSA Pharma Amends Agreement with XenoTherapeutics, Adjusts Shareholder Terms

Story Highlights

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from WisdomTree India Earnings Fund ( (EPI) ).

ESSA Pharma Inc. has amended its Business Combination Agreement with XenoTherapeutics Inc., a non-profit biotechnology company, to adjust the financial terms for its shareholders. The revised agreement includes a cash payment of approximately $0.12 per share and a contingent value right (CVR) of up to $0.14 per share, reflecting potential liabilities and updated cash balance estimates. The special meeting to approve the amended terms has been rescheduled to October 3, 2025, allowing shareholders more time to consider the changes.

Spark’s Take on EPI Stock

According to Spark, TipRanks’ AI Analyst, EPI is a Neutral.

ESSA Pharma’s overall score reflects significant financial challenges with no revenue and ongoing losses. Technical indicators provide some positive signals, but caution is advised due to potential overbought conditions. The negative P/E ratio and lack of dividends further underline investment risks.

To see Spark’s full report on EPI stock, click here.

More about WisdomTree India Earnings Fund

ESSA Pharma Inc. is a pharmaceutical company that was previously focused on developing novel and proprietary therapies for the treatment of patients with prostate cancer.

Average Trading Volume: 791,993

Current Market Cap: $2.91B

See more data about EPI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1