other_material
confidence high
sentiment negative
materiality 0.90
Third Harmonic Bio to dissolve, delist from Nasdaq, liquidate $5.35 per share
Third Harmonic Bio, Inc.
- Voluntary delisting of common stock from Nasdaq effective before market open on July 31, 2025; Form 25 to be filed.
- Certificate of dissolution to be filed with Delaware on July 31, 2025; stock transfer books close that day.
- Board authorized $5.35 per share liquidation distribution; record date July 31, 2025; first distribution expected in August 2025.
- Officer departures: CMO Edward Conner, CAO Julie Person, COO Jennifer Dittman, Chief Non-Clinical Dev Officer Dennis Dean effective at dissolution.
- CFO Christopher Murphy receives retention package: $50k/yr base salary for 3 years, $100k bonus at end for continued service.
item 3.01item 3.03item 5.02