M&A
confidence high
sentiment neutral
materiality 0.85
Barinthus Bio sets scheme exchange ratio at 0.111; merger with Clywedog to close Sept 3
Barinthus Biotherapeutics plc.
- Scheme exchange ratio set at 0.111, ensuring Topco stock price meets Nasdaq minimum listing requirement.
- Scheme expected effective Sept 3, 2026; BRNS ADSs to halt trading before market open that day.
- Court hearing for scheme set for Sept 1, 2026 at Royal Courts of Justice, London.
- After close, Topco renamed Clywedog Therapeutics Holdings, Inc., trading as CLYD on Nasdaq.
- Company to delist ADSs from Nasdaq and file Form 15 to suspend reporting obligations.