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PreveCeutical Provides Update on Plan of Arrangement with BioGene Therapeutics Inc.

By The Northwire Desk — AI Analysis Nov 20, 2025 · 07:01 PREV · 0.025 PreveCeutical Medical Inc.
PREV · Price

Executive Summary

  • PreveCeutical Medical Inc. will complete its previously announced plan of arrangement with BioGene Therapeutics Inc., effective November 24, 2025.
  • Shareholders of record on November 24, 2024 will receive new PreveCeutical common shares and a fractional share (0.2) of BioGene.
  • The earlier October 20, 2025 release misstated the record date; the correct record date is November 24, 2024.

Key Details

  • Arrangement Effective Date: Monday, November 24, 2025 under Part 9, Division 5 of the British Columbia Business Corporations Act.
  • Share Issuance: Each eligible shareholder will receive new PreveCeutical common shares plus 0.2 of one BioGene Therapeutics Inc. share.
  • Record Date Correction: The record date is November 24, 2024 (previously incorrectly stated as October 31, 2025).
  • Previous Announcements Referenced: News releases dated September 4, 2025; September 19, 2025; October 10, 2025; and October 20, 2025.
  • Corporate Sign‑off: Stephen Van Deventer, Chairman & CEO, on behalf of the Board of Directors.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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