09:07 AM EDT, 06/07/2024 (MT Newswires) -- Asensus Surgical ( ASXC ) said Friday that it has agreed with Karl Storz Endoscopy-America, a unit of Karl Storz SE & Co., under which Karl Storz would acquire Asensus' outstanding shares for $0.35 each in cash.

The deal is slated to be completed in Q3, and Asensus will no longer be publicly listed or traded on the NYSE American Exchange, Asensus said.