Biofrontera Inc. (BFRI) Adopts Limited Duration Shareholder Rights Plan
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Biofrontera Inc. Adopts Limited Duration Shareholder Rights Plan
October 14, 2022 8:40 AM EDTWOBURN, Mass., Oct. 14, 2022 (GLOBE NEWSWIRE) -- Biofrontera Inc. (Nasdaq: BFRI) (the Company), a biopharmaceutical company specializing in the commercialization of dermatological products, announced today that its Board of Directors has adopted a limited duration shareholder rights plan (the Rights Plan), and declared a dividend distribution of one preferred stock purchase right on each outstanding share of common stock, in order to protect the interest of all of the Companys shareholders. The rights will be issued to shareholders of record on... More
