Amneal ownership update after Kashiv acquisition
Amneal Pharmaceuticals, Inc. completed the acquisition of Kashiv BioSciences, LLC, with its subsidiary Amneal Pharmaceuticals LLC purchasing 100% of Kashiv’s membership interests.
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Rhea-AI Filing Summary
Amneal Pharmaceuticals, Inc. completed the acquisition of Kashiv BioSciences, LLC, with its subsidiary Amneal Pharmaceuticals LLC purchasing 100% of Kashiv’s membership interests. As consideration at closing, Amneal LLC was required to pay the sellers an aggregate of $375,000,000 in cash, and Amneal was required to issue an aggregate of 28,942,098 shares of Class A Common Stock to the sellers, including CKR Dynasty, LLC and Shivkan Holdings, LLC, entities associated with Chintu Patel.
Following these transactions, Chintu Patel is reported as the beneficial owner of 32,576,528 shares of Amneal Class A Common Stock, representing 9.4% of the class, based on 348,296,017 shares outstanding plus the 28,942,098 shares issued in the Kashiv acquisition. The reporting person holds shares directly, through options, and through various trusts and entities over which he has control, with sole voting and dispositive power over all reported shares.
Filing Explained
The amendment breaks Chintu Patel’s reported
Key Figures
Key Terms
Schedule 13D regulatory
beneficially owned financial
Membership Interest Purchase Agreement regulatory
sole voting power financial
sole dispositive power financial
Kashiv Acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Amneal Pharmaceuticals (AMRX) does Chintu Patel report in this Schedule 13D/A?
What consideration was paid in Amneal Pharmaceuticals’ (AMRX) Kashiv acquisition?
What options on Amneal Pharmaceuticals (AMRX) stock does Chintu Patel hold?
AI-generated analysis. How Rhea-AI works. Not financial advice.