 PDL BioPharma, Inc. PDL or the Company Nasdaq: PDLI announces the final distribution ratio for the previously announced distribution of all of the Companys 13,333,334 shares of common stock of Evofem Biosciences, Inc. Evofem Nasdaq: EVFM to be made on May 21, 2020 the distribution date. Based on the shares of PDL common stock outstanding as of the close of business on May 15, 2020 the record date, PDL stockholders of record as of the record date will be entitled to receive 0.11591985 shares of Evofem common stock for each share of PDL common stock held as of the close of business on the record date. 