Simulations Plus, Inc. (SLP) Closes Sale to Altaris for $18.50/Share, Will Delist
Simulations Plus (SLP) completed its acquisition by Altaris, receiving $18.50 per share. The company will delist from Nasdaq and merge with Chemical Computing Group, becoming private. Shareholders received cash consideration, and no further catalysts are expected.
How this was made

The 30-second read
Why it matters
The completion of the transaction finalizes the exit for public shareholders and ends SLP's Nasdaq listing, removing it from public trading.
Market read
The news is relevant for holders of SLP and for market participants tracking take‑private activity in the tech sector.
What to watch
Potential contingent payouts or regulatory approvals could affect final proceeds, though none are disclosed.
Background
Simulations Plus announced a take‑private transaction with Altaris affiliates earlier; this article confirms the closing and cash payment.
Ticker impact
Simulations Plus completed its acquisition by Altaris, shareholders received cash and the company will delist from Nasdaq.
downward pressure as investors sell into the cash tender and the stock is removed from Nasdaq.
Cash tender at $18.50 per share and delisting remove liquidity, prompting a sell‑off.
Market effects
Minimal impact on the broader software/analytics sector; the deal is company‑specific.
No significant regional effect.
Limited to investors holding SLP shares.
Counterpoint
If the cash consideration is perceived as undervaluing SLP's future growth, some investors may view the delisting as a missed upside.
Key entities
- companySimulations Plus, Inc.
Software provider being taken private.
- investment firmAltaris
Acquirer of Simulations Plus.

