other material
confidence high
sentiment neutral
materiality 0.70
Kiniksa completes redomiciliation from Bermuda to UK, shares trade on Nasdaq under same symbol KNSA
Kiniksa Pharmaceuticals International, plc
- Effective June 27, 2024, Kiniksa redomiciled to UK via Bermuda court-approved scheme of arrangement.
- Shareholders received one-for-one exchange of shares; ~40.4M Class A, 1.8M B, 12.8M A1, 16.1M B1 ordinary shares issued.
- Class A Ordinary Shares continue trading on Nasdaq under symbol KNSA as of June 28, 2024.
- Same executive officers and directors continue; indemnification agreements and equity plans assumed.
- Depositary receipts issued for shares not directly eligible for DTC transfer to avoid UK stamp duty.