PharmChem, Inc. Announces Shareholder Approval of Acquisition by Alcohol Monitoring Systems, Inc.
PharmChem (OTC: PCHM) announced that shareholders have approved its acquisition by Alcohol Monitoring Systems, Inc. at a special meeting held on August 27, 2025. According to the agreement terms, PharmChem shareholders will receive $3.75 per share in cash consideration.
The transaction is expected to be finalized at the close of business on August 28, 2025. The company has provided contact information for shareholders with specific questions regarding the acquisition.
PharmChem (OTC: PCHM) ha comunicato che gli azionisti hanno approvato la sua acquisizione da parte di Alcohol Monitoring Systems, Inc. durante una riunione straordinaria tenuta il 27 agosto 2025. In base ai termini dell'accordo, agli azionisti di PharmChem saranno corrisposti 3,75 $ per azione in contanti.
L'operazione dovrebbe concludersi alla chiusura delle contrattazioni del 28 agosto 2025. La societ脿 ha fornito informazioni di contatto per gli azionisti che avessero domande specifiche sull'acquisizione.
PharmChem (OTC: PCHM) anunci贸 que los accionistas aprobaron su adquisici贸n por parte de Alcohol Monitoring Systems, Inc. en una junta extraordinaria celebrada el 27 de agosto de 2025. Seg煤n los t茅rminos del acuerdo, los accionistas de PharmChem recibir谩n 3,75 $ por acci贸n en efectivo.
Se espera que la transacci贸n se finalize al cierre de la jornada del 28 de agosto de 2025. La compa帽铆a ha facilitado informaci贸n de contacto para los accionistas con preguntas espec铆ficas sobre la adquisici贸n.
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PharmChem (OTC: PCHM) a annonc茅 que ses actionnaires ont approuv茅 son acquisition par Alcohol Monitoring Systems, Inc. lors d'une assembl茅e extraordinaire tenue le 27 ao没t 2025. Conform茅ment aux termes de l'accord, les actionnaires de PharmChem recevront 3,75 $ par action en esp猫ces.
La transaction devrait 锚tre finalis茅e 脿 la cl么ture des march茅s le 28 ao没t 2025. La soci茅t茅 a fourni des coordonn茅es pour les actionnaires ayant des questions sp茅cifiques concernant l'acquisition.
PharmChem (OTC: PCHM) gab bekannt, dass die Aktion盲re bei einer au脽erordentlichen Hauptversammlung am 27. August 2025 dem Erwerb durch Alcohol Monitoring Systems, Inc. zugestimmt haben. Laut den Vereinbarungen erhalten PharmChem-Aktion盲re 3,75 $ pro Aktie in bar.
Die Transaktion soll zum Handelsschluss am 28. August 2025 abgeschlossen werden. Das Unternehmen hat Kontaktinformationen f眉r Aktion盲re bereitgestellt, die spezifische Fragen zur 脺bernahme haben.
- Cash consideration of $3.75 per share for shareholders
- Quick closing timeline with clear execution date
- Company will be delisted from OTC markets following acquisition
The Company expects the consummation of the transaction to be effective at the close of business on Thursday, August 28, 2025.
If shareholders have further, specific questions, please email our聽CFO Shana Veale at [email protected] and we will set up a call.
Tim Eriksen
Chairman of the Board
About PharmChem, Inc.
PharmChem, Inc. ("PharmChem") (OTC: PCHM), headquartered in
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This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933 ("Forward-looking Statements"), which are subject to the "safe harbor" created by these Sections. Forward-looking statements are statements about future financial results, future products or services and 聽other events that have not yet occurred. These forward-looking statements contain words such as, but not limited to, "expect", "anticipate", "estimate", "believe", "will", "may" or "might". Investors should be aware that actual results may differ materially from our expressed expectations because of risks and uncertainties about the future. We will not necessarily update the information in this letter if any forward-looking statement later turns out to be inaccurate.
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SOURCE PharmChem, Inc.
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