Monday, June 29, 2020

Equity Corporate Actions Alert #2020 - 117
Information Regarding the Re-Domestication, Change of Name and CUSIP Number for Avita Medical Limited (RCEL)


  • Industry Announcement

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On June 15, 2020, shareholders of Avita Medical Limited approved a proposed re-domestication from Australia to Delaware, USA via a Scheme of Arrangement. The Australian Court subsequently approved the redomicile transaction on June 22, 2020. As a result, each five (5) American Depositary Shares of Avita Therapeutics, Inc. (RCEL) will be converted to one (1) share of Common Stock of the newly formed Delaware corporation, Avita Therapeutics, Inc. The ticker symbol will remain RCEL.

The details are as follows:

Current Company Name/Issue: Avita Medical Limited American Depositary Shares
New Company Name/Issue: Avita Therapeutics, Inc. Common Stock 0.0001 Par (DE)
Current CUSIP: 053792107
New CUSIP: 05380C102
Symbol: RCEL
Ratio of Exchange: One (1) new share of Common Stock for every five (5) ADS held.
Marketplace Effective Date: Tuesday, June 30, 2020

If you would like to register as a market maker in RCEL, contact Nasdaq Trading Services at +1 212 231 5100.

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