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Thursday, February 2, 2023

Equity Corporate Actions Alert #2023 - 68
Information Regarding the Redemption of Biotech Acquisition Company (BIOT/W/U)

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  • Industry Announcement

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Biotech Acquisition Company (BIOT/W/U) announced it will redeem its public shares and will not consummate an initial business combination. The public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: Biotech Acquisition Company Class A Ordinary Share
CUSIP#: G1125A108
Symbol: BIOT
Last Trading Date: February 2, 2023
Marketplace Effective Date for Suspension: February 3, 2023
Redemption rate: Approximately $10.15 per Class A Ordinary Share
Company Name & Issue Type: Biotech Acquisition Company Warrant
CUSIP#: G1125A116
Symbol: BIOTW
Last Trading Date: February 2, 2023
Marketplace Effective Date for Suspension: February 3, 2023
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: Biotech Acquisition Company Unit
CUSIP#: G1125A124
Symbol: BIOTU
Last Trading Date: February 2, 2023
Marketplace Effective Date for Suspension: February 3, 2023
Redemption rate: Approximately $10.15 per Class A Ordinary Share

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