other material
confidence high
sentiment neutral
materiality 0.55
Onterris adopts shareholder rights plan with 15% trigger, expires August 2027
Onterris, Inc.
- Rights plan triggered when a person or group acquires 15% or more of common stock.
- Each right entitles holder to buy one one-thousandth of Series B Preferred at $105, subject to adjustment.
- Rights expire on August 4, 2027; redeemable by board at $0.001 per right before trigger.
- Record date for dividend of one right per common share is August 17, 2026.