StockWatch
·
Precious Metals
Corporate ActionJun 5, 2026, 06:31 AM

Nova Minerals Completes US Redomiciliation; Trading to Resume

AI Summary

Nova Minerals Limited announced the completion of its redomiciliation to the United States, with the schemes of arrangement becoming effective on June 3, 2026. Trading of its shares, ADSs, and warrants has been suspended on the ASX, OTC, and Nasdaq to facilitate the transition, with resumption expected around June 16, 2026. Securityholders will exchange their holdings for securities in the new U.S.-domiciled Nova Minerals Corp, with specific exchange ratios for ASX, OTC, and Nasdaq securities. The company has also established a new corporate office in the United States and will launch a new website.

Key Highlights

  • Redomiciliation to the United States completed, with schemes of arrangement effective June 3, 2026.
  • Trading suspended on ASX, OTC, and Nasdaq; expected to resume around June 16, 2026.
  • ASX shares exchanged one-for-one for ASX-listed CDIs in Nova Minerals Corp.
  • OTC shares exchanged one-for-twelve for NYSE American-listed common stock.
  • Nasdaq ADSs exchanged one-for-one for NYSE American-listed common stock.
  • Nasdaq listed warrants exchanged one-for-three for NYSE American-listed warrants.
  • New US corporate office established at Suite 300E, 6312 South Fiddlers Green Circle, Colorado 80111.
  • New corporate website www.novamineralscorp.com expected to go live in coming weeks.