On March 22, 2023 Quince Therapeutics, Inc. (Nasdaq: QNCX), a biotechnology company focused on acquiring, developing, and commercializing innovative therapeutics that transform patients’ lives, reported that it received an unsolicited offer to acquire the company from Echo Lake Capital (Press release, Quince Therapeutics, MAR 22, 2023, View Source [SID1234629185]). Quince’s Board of Directors, consistent with its fiduciary responsibilities, will carefully review and evaluate the proposal to determine the course of action it believes is in the best interests of the company and its stockholders. Quince stockholders need not take any action at this time.
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