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Anne Wojcicki 23AndMe New offer to admit $ 74.7 million


Anne Wojcicki, on March 15, 2023, A atherton participates in WSJ magazine style and technological dinner in California.

Kelly Sullivan | Getty Images Entertainment | Getty pictures

23AndMe CEO Anne Wojcıcki and the new mountain capital, a Friday offered a proposal to make a Genetics Test Company private quoted With US Securities and Exchange Commission.

Wojcicki and New Mountain, 23Andme’s significant shares offered to spend $ 2.53 per share or about $ 74.7 million. The company’s shares are about $ 65 million with a market cap at $ 2.42 on Friday.

The proposal comes together in a turbulent for 23Andistry, in 2024 with the loss of more than 80% of the value. In January declared Plans to explore Strategic alternativesA sale may include a sales with the company or assets, reconstruction or a business combination.

23AndMe has a special committee of independent directors to put forward potential ways. The company appointed three new independent directors to his board in October after seven of the previous director suddenly resigned the previous month. The Special Committee must confirm Wojcicki and the offer of the new mountain.

“We believe that our proposal is the company’s public shareholders, Wojcicki and Matthew Holt, the President of the Private Capital Capital and President of the New Mountain and the President of the President and the President of the President on Thursday.

Wojcicki has previously submitted an offer Take the company private For a share in July, for 40 cents, but it was rejected The Special Committee, partly members did not need to be a financing, and at this time did not give a final price.

Wojcicki and the new mountain are ready to provide debt financing provided by 23rd layer through closing 23andme operations. The new mountain is located in New York and so there is $ 55 billion in management Website.

23Andme refused to comment.

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23And the rise and fall



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