Filing Flows

Filing Flows › CorMedix (CRMD) › Takeover & LBO

Is CorMedix (CRMD) a takeover target?

A leveraged buyout does not work for CorMedix on its latest figures: the figures a buyout model needs (revenue, EBITDA, the share count and the price) are not all on file. Historically 5.0% of companies with its figures were bought within a year (1.0× the average). Latest signal (2026-11-09): CorMedix Therapeutics to Acquire Substantially All Assets of Heron Therapeutics, Expanding Its Portfolio of Products Used in Institutional Settings of Care.

Why a leveraged buyout does not fit

The buyout model needs CorMedix's revenue, EBITDA, share count and share price; not all of them are on file, so it gives no buyout price.

What a takeover could cost

Takeovers in its sector paid a median premium of 35% over the share price before the deal (the middle half 22% to 45%), according to the 15 merger proxies and tender-offer responses on EDGAR that state a premium.

The odds, from history

Historically 5.0% of companies with its figures were bought within a year (1.0× the average). Its figures put it in decile 6 of 10 (10 = the most likely to be bought). The odds come from a model of every merger proxy, tender-offer response and going-private statement filed on EDGAR since 2011, set against each company's size, margins, debt, cash flow and growth the year before.

Rumors and deal signals

CorMedix's latest quarter

CorMedix, Q2 2026: revenue $102M (+156% year over year), operating margin 42.1%, net earnings $26.0M, operating cash flow $86.2M. The chart follows the revenue to costs, profit and cash.

Questions

Is CorMedix being acquired?

The latest signal on file is from 2026-11-09: CorMedix Therapeutics to Acquire Substantially All Assets of Heron Therapeutics, Expanding Its Portfolio of Products Used in Institutional Settings of Care. A headline is not a deal; Filing Flows lists the news, 8-K filings and 13D filings about a sale.

Could private equity buy CorMedix?

A leveraged buyout does not work for CorMedix on its latest figures: the figures a buyout model needs (revenue, EBITDA, the share count and the price) are not all on file. The model gives no buyout price until they are.

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Updated Nov 9, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.