Corporate ActionApr 28, 2026, 04:12 PM
ACET Files Pre-Funded Warrant Terms
AI Summary
Adicet Bio, Inc. filed the form of a Pre-Funded Warrant to Purchase Common Stock, outlining the terms for holders to acquire shares. The warrants have an exercise price of $0.0001 per share and are exercisable via a cashless mechanism. Key provisions include adjustments for corporate events and a beneficial ownership limitation of 9.99%, which can be increased to 19.99% by the holder.
Key Highlights
- Adicet Bio, Inc. filed the form of a Pre-Funded Warrant to Purchase Common Stock.
- The warrant allows for the purchase of common stock at an exercise price of $0.0001 per share.
- Exercise of the warrant will be conducted through a cashless exercise mechanism.
- Beneficial ownership is limited to 9.99% of outstanding common stock, adjustable up to 19.99%.
- The warrant terms include adjustments for stock dividends, splits, and fundamental transactions.
Price Impact
More from ACET