Verona Pharma Completes Acquisition and Delisting Process

Tip Ranks
2025.10.07 11:29
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Verona Pharma has completed its acquisition process, sanctioned by the High Court of Justice of England and Wales on October 6, 2025. Shareholders received cash for their shares, and the company's ADSs were delisted from Nasdaq. The board of directors resigned, and new executives were appointed. Analysts rate VRNA stock as Hold with a $107.00 price target, citing strong revenue growth but noting profitability challenges and high valuations. The current market cap is $9.19B, with a technical sentiment signal of Buy.