Jan 8 (Reuters) - ROCHE HOLDING AG:

* ROCHE PURCHASES SHARES IN TENDER OFFER FOR POSEIDA

THERAPEUTICS,

INC.

* ACCEPTS PAYMENT FOR POSEIDA SHARES AT $9.00 PER SHARE PLUS

CVR

* TENDER OFFER EXPIRED ON 7 JANUARY 2025, WAS NOT EXTENDED

* APPROXIMATELY 64,991,586 SHARES OF POSEIDA TENDERED,

REPRESENTING 66.11% OF OUTSTANDING SHARES

* FOLLOWING COMPLETION OF MERGER, POSEIDA WILL BECOME A

WHOLLY

OWNED SUBSIDIARY OF ROCHE

* POSEIDA'S SHARES WILL CEASE TO BE TRADED ON NASDAQ GLOBAL

SELECT

MARKET

* LATER TODAY, ROCHE INTENDS TO COMPLETE ACQUISITION OF

POSEIDA

THROUGH A MERGER OF BLUE GIANT ACQUISITION CORP. WITH AND INTO

POSEIDA

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(Gdansk Newsroom)