Kiniksa Pharmaceuticals - Expects Redomiciliation To Take Effect On Or Around June 27, 2024; Supreme Court Of Bermuda Issued An Order Sanctioning Scheme Of Arrangement Between Company And Its Shareholders
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Kiniksa Pharmaceuticals expects its redomiciliation to take effect on or around June 27, 2024, following an order from the Supreme Court of Bermuda sanctioning a scheme of arrangement between the company and its shareholders.
June 14, 2024 | 8:32 pm
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Kiniksa Pharmaceuticals expects its redomiciliation to take effect on or around June 27, 2024, following an order from the Supreme Court of Bermuda sanctioning a scheme of arrangement between the company and its shareholders.
The redomiciliation process is a significant corporate action that could have long-term implications for Kiniksa Pharmaceuticals. However, the immediate short-term impact on the stock price is likely to be neutral as the market digests the news and awaits further details.
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