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Form 8-K · Current Report · Filed 2025-11-13

Pfizer Completes Acquisition of Metsera, Inc.

On November 13, 2025, Pfizer Inc. completed its acquisition of Metsera, Inc. through a merger. As a result, Metsera, Inc.'s common stock ceased trading on Nasdaq and was delisted. The board of directors of Metsera, Inc. resigned, and new directors from Pfizer's subsidiary were appointed. Additionally, Pfizer issued contingent value rights to certain shareholders based on the achievement of specified milestones related to the development of Metsera's products.

Filer
MTSR MTSR
Filed
Accession
0001193125-25-280387
CIK
0002040807
Signal
High impact

Items reported

Item 2.01

Completion of Acquisition or Disposition of Assets

M&A Transaction Partial Buyout
Item 3.01

Notice of Delisting or Failure to Satisfy a Listing Rule

Voluntary Delisting Transfer of Listing
Item 5.01

Changes in Control of Registrant

Changes in Control of Registrant
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Departure Board Member Appointed
Item 8.01

Other Events

Convertible Notes Offering

Market reaction

Close before filing

$70.75

Next session

-0.4%

Since filing

-0.4%

Latest close

$70.50

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MTSR reporting the same item, with the next session's move:

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