Kezar Life Sciences was the biggest gainer in the pre-market session, jumping 56.36% at the time of writing.
The sell-off comes after the company filed form 12b-25, which affirms it is unable to file its quarterly report on form 10-Q for the quarter ended September 30, 2021.
Under the terms of the agreement, the real estate investment trust is to pay $170 per share in cash and assume or repay CoreSite’s debt.
With the acquisition, the global professional services name gains access to a company with vast expertise in data-driven maintenance, operations, and asset life cycle management.
CubeSmart has reached an agreement to acquire LAACO Ltd, the owner of Storage West Platform, for $1.69 billion.
The company posted a quarterly loss of $0.43 a share, wider than the expected loss of $0.25 a share.
Shares of Oatly Group fell 20.8% after the oat drink company delivered mixed Q3 2021 results due to production challenges related to COVID-19 and supply chain issues.