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Esperion Therapeutics, Inc.

Nasdaq: ESPR/ARCHIMEDprivate

Esperion to be Acquired by ARCHIMED for $3.16/share + $100M milestone payments

$1.1BMixed+58.0% premiumPre-proxyVote requiredhigh confidence

Key takeaways

  • ARCHIMED acquires Esperion Therapeutics, Inc. — $1.1B aggregate · $3.16/share cash · 58% premium (mixed).
  • Expected close Sep 30, 2026 (~75d). No financing condition.

Merger Arbeconomics, downside, days

Deal value

$1.1B

mixed

Per-share offer

$3.16

$3.16 per share in cash at closing, plus the right to participate in up to $100 million in aggregate contingent milestone payments

Premium

+58.0%

Days to close

75d

Sep 30, 2026

Term fee

Spread Calculator

Manual price entry · saved per ticker

Offer$3.16
Gross spread
Spread %
Annualized75d to close
ConsiderationMixed
Detail$3.16 per share in cash at closing, plus the right to participate in up to $100 million in aggregate contingent milestone payments
Cash / share$3.16
AnnouncedMay 1, 2026
Days outstanding77d
Expected closeSep 30, 2026
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing conditionNo — fully committed
Debt commitment
Insider lock-up

Timelineannounced → close
  1. Announced

    May 1, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

  6. Expected close

    Sep 30, 2026

    in 75d


Vote Mechanicsrecord / mailing / vote
Vote required
Vote date
Record date
Mailing date
Record → vote
Threshold
Min approvalparsed
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

Closing conditions

  • Customary closing conditions
  • Approval by Esperion's shareholders
  • Receipt of certain required regulatory approvals

Closing Conditionsapprovals · vote · financing · lockups
1 done · 0 pending · 1 total
  • Financing· No financing condition

Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

No advisor data on record for this deal.


Filing Timelineevery filing on this issuer
  1. May 1, 2026this filing

    Esperion to be Acquired by ARCHIMED for $3.16/share + $100M milestone payments

  2. May 1, 2026

    Esperion to be Acquired by ARCHIMED for $3.16/share plus CVR


Filing Trailcross-reference table
DateFormSectionHeadlineStatus
May 1, 2026definitiveEsperion to be Acquired by ARCHIMED for $3.16/share plus CVRpre_proxy

Comparablessimilar size band, definitive
AnnouncedTargetAcquirerValueConsid.PremiumTerm Fee %
May 1, 2026Esperion Therapeutics, Inc.(ESPR)ARCHIMED$1.1Bmixed+58.0%
Apr 24, 2026ONE Nuclear Energy LLCHennessy Capital Investment Corp. VII$1.0Bstock
Apr 24, 2026CoinShares International LimitedVine Hill Capital Investment Corp.$1.2Bstock
Apr 24, 2026Bradbury Capital Holdings Inc.Technology & Telecommunication Acquisition Corporation$1.1Bstock
Apr 24, 2026Enhabit, Inc.(EHAB)Kinderhook Industries, LLC (via Anchor Parent, LLC and Anchor Merger Sub, Inc.)$1.4Bcash+33.8%
Apr 24, 2026Stellar Bancorp, Inc.(STEL)Prosperity Bancshares, Inc.$2.0Bmixed
Apr 24, 2026Stellar Bancorp, Inc.(STEL)Prosperity Bancshares, Inc.$2.0Bmixed
Apr 24, 2026Stellar Bancorp, Inc.(STEL)Prosperity Bancshares, Inc.$2.0Bmixed
Apr 28, 2026European Lithium Ltd.(EUR)Critical Metals Corp.$835Mstock
Apr 24, 2026Boost Run Holdings, LLCWillow Lane Acquisition Corp.$450Mmixed

Sources

Esperion Therapeutics (Nasdaq: ESPR), a commercial-stage biopharmaceutical company, has agreed to be acquired by funds managed by ARCHIMED for $3.16 per share in cash plus contingent milestone payments of up to $100 million tied to future net sales, representing total equity value of approximately $1.1 billion. The transaction, which represents a 58% premium to Esperion's closing share price on April 30, 2026, is expected to close in Q3 2026 subject to shareholder approval and customary regulatory conditions. Following closing, Esperion will become a privately held company and will no longer be listed on Nasdaq.

Item id: 24de0663-bb6a-4531-a3ad-1dbfd096cece · ingested May 1, 2026