23andMe CEO says not open to considering ‘third party takeover proposals’

Ms. Wojcicki has updated her prior statement about whether Ms. Wojcicki would be open to considering third party takeover proposals for the 23andMe: “In response to a request from the then-current Special Committee of the Board, I stated that I would consider third party takeover proposals for 23andMe. Whether I would ultimately accept such a proposal remained within my discretion. In the interim period, based on subsequent developments, it has become even clearer to me that the best path forward for 23andMe is for me to take the company private. Accordingly, in order to update my prior statement and avoid any confusion in the market, I am no longer open to considering third party takeover proposals for 23andMe. I remain committed to completing an acquisition of 23andMe. Towards that end, the Issuer is working diligently to repopulate the Board of Directors so that any proposals to acquire 23andMe can be properly considered. Importantly, I remain committed to our customers’ privacy and pledge to maintain23andMe current privacy policy in effect for the foreseeable future, including following completion of the acquisition I am currently pursuing.” This information is from a company 8K regulatory filing…