other material
confidence high
sentiment neutral
materiality 0.50
Revelation Biosciences adopts stockholder rights plan with 10% trigger
REVELATION BIOSCIENCES, INC.
- Board declared dividend of one Right per common share payable July 21, 2026 to record holders.
- Rights become exercisable if a person/group acquires 10% (15% for passive institutional) without Board approval.
- Upon trigger, holders (excluding acquirer) can purchase common stock at a substantial discount.
- Rights expire after 1 year unless stockholders ratify, then 3 years; redeemable at $0.001 per Right.
- Plan is a standard governance measure to protect stockholder value and prevent coercive takeovers.