Warrants: Benitec and Shares

warrants: To implement the re-domiciliation, Benitec has entered into a Scheme Implementation Agreement dated 27 November 2019 with Benitec Biopharma Inc, according to The Independent. Holdco a new US company incorporated for the purpose of effecting the re-domiciliation, pursuant to the terms of which Holdco will acquire all of the ordinary shares in Benitec Benitec Shares and the warrants of Benitec listed on the Nasdaq Capital Markets Benitec Warrants by way of two separate schemes of arrangement, pursuant to which holders of Benitec Shares Benitec Shareholders will receive new shares of ordinary stock Holdco Shares in exchange for the Benitec Shares Share Scheme ; andholders of the Nasdaq listed Benitec Warrants Benitec Warrant Holders will receive new warrants issued by Holdco Holdco Warrants on equivalent terms in exchange for the Benitec Warrants Warrant Scheme Schemes held as at the record date. Search first keyup' ; ; listener ; ;No matching results for ''Tip Try a valid symbol or a specific company name for relevant results Cancel Sign in Mailif window.performance window.performance.mark && && Finance Videos News Techif window.performance window.performance.mark && && U.S. Markets open in 4 hrs 22 minsS&P window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && Re-domiciliation to the United Statesif window.performance window.performance.mark && && Newswire November 27, 2019if window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && Australia, Nov. 27, 2019 /PRNewswire/ -- Benitec Biopharma Limited Benitec or the Company BLT; BNTC; BNTCW is pleased to announce its intention to redomicile from Australia to the United States of America. Holders of American Depository Shares listed on Nasdaq ADS will be entitled to vote and participate in the Share Scheme through the ADS depositary . The Schemes are subject to court approval, as well as approval by Benitec Shareholders in respect of the Share Scheme and by Benitec Warrant Holders in respect of the Warrant Scheme . If the Schemes are implemented, Benitec will become a wholly owned subsidiary of Holdco. Reasons for re-domiciliation After carefully considering the relative merits of the re-domiciliation, the directors of Benitec are of the view that the advantages materially outweigh the disadvantages. Benitec would be de-listed from the Australian Securities Exchange ASX and the Nasdaq Capital Market Nasdaq and Holdco will apply for the Holdco Shares and Holdco Warrants to be listed on Nasdaq. (news.financializer.com). As reported in the news.