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Proposal values each share at $4 in cash.
PetMed Express Inc (Nasdaq: PETS) announced on December 11, 2025, that it has received an unsolicited and non-binding acquisition proposal from SilverCape Investments Limited. The proposal is to acquire all outstanding shares of PetMed Express for $4 per share in cash.
The offer values each share of PetMed Express at $4. No further details or filings were provided in the announcement.
As of the latest available data, PetMed Express has a free float of 13,636,500 shares and 21,369,500 shares outstanding.
This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.