other material
confidence high
sentiment neutral
materiality 0.50
Oramed adopts poison pill; declares dividend of one Right per share
ORAMED PHARMACEUTICALS INC.
- Rights trigger at 15% beneficial ownership; each Right allows purchase of one share at $10.00.
- Dividend payable Nov 27, 2025 to holders of record Nov 27, 2025; Rights expire in 3 years.
- Board may redeem Rights at $0.012 per Right prior to triggering event; distribution is not taxable.
- Rights plan designed to protect against hostile takeovers and ensure fair treatment of shareholders.