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23andMe to delist from Nasdaq, deregister with SEC

23andMe to delist from Nasdaq, deregister with SEC

An indication is posted in entrance of the 23andMe headquarters in Sunnyvale, California, on Feb. 1, 2024.

Justin Sullivan | Getty Images

23andMe on Tuesday introduced it’s going to voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, in keeping with a unencumber.

The transfer comes after Regeneron Pharmaceuticals mentioned previous this month that it’s going to achieve “substantially all” of 23andMe’s property for $256 million.

The drugmaker got here out on best following a chapter public sale for 23andMe, a as soon as high-flying genetic trying out corporate that filed for for Chapter 11 chapter coverage in March.

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