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Stock impact report

ASX/NASDAQ ANNOUNCEMENT: Re-domiciliation to the United States

Benitec Biopharma Inc. (BNTC) 
US:NASDAQ Investor Relations: benitec.com/for-investors/investor-faqs
Company Research Source: PR Newswire
MELBOURNE, Australia, Nov. 27, 2019 /PRNewswire/ -- Benitec Biopharma Limited ("Benitec" or the "Company") (ASX:BLT; NASDAQ:BNTC; NASDAQ:BNTCW) is pleased to announce its intention to redomicile from Australia to the United States of America. To implement the re-domiciliation, Benitec has entered into a Scheme Implementation Agreement dated 27 November 2019 with Benitec Biopharma Inc. ("Holdco"), a new US company incorporated for the purpose of effecting the re-domiciliation, pursuant to the terms of which Holdco will acquire all of the ordinary shares in Benitec ("Benitec Shares") and the warrants of Benitec listed on the Nasdaq Capital Markets ("Benitec Warrants") by way of two separate schemes of arrangement, pursuant to which: holders of Benitec Shares ("Benitec Shareholders") will receive new shares of ordinary stock ("Holdco Shares") in exchange for the Benitec Shares ("Share Scheme"); and holders of the Nasdaq listed Benitec Warrants ("Benitec Warrant Holders") will receive new Show less Read more
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