Sept 11 (Askume) – 23andMe (ME.O) co-founder and Chief Executive Officer Anne Wojcicki is open to considering a third-party takeover bid for the company, a regulatory filing showed on Wednesday .
Shares of the genetic testing company rose 2.8% to $0.31 in after-hours trading.
In July, Wojcicki, who is trying to take the company private, made an offer to buy all outstanding shares of 23andMe not owned by her or her affiliates for $0.40 per share .
The filing also said that the CEO continues to evaluate and negotiate the deal.
A special committee formed by the company rejected Wojcicki’s previous offer, saying it was inadequate and not in the best interests of unrelated shareholders.
The committee said last month that in the absence of revised proposals it would consider other options to maximise shareholder value.
23andMe, which launched in 2021, is known for its saliva-based testing kits that allow users to learn about their genetic ancestry.
