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Preveceutical to close BioGene deal effective Nov. 24

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Executive Summary
- Preveceutical Medical Inc. will complete its previously announced plan of arrangement with BioGene Therapeutics Inc., effective Nov 24, 2025.
- Shareholders of record on Nov 24, 2025 will receive new Preveceutical common shares and a fractional interest (0.2 of one share) in BioGene Therapeutics.
- The prior Oct 20, 2025 release misstated the record date (incorrectly listed as Oct 31, 2025).
Key Details
- Effective Date: Plan of arrangement becomes effective on Monday, Nov 24, 2025 under Part 9, Division 5 of the British Columbia Business Corporations Act.
- Share Allocation: Each shareholder of record on Nov 24, 2025 will receive:
- New common shares of Preveceutical Medical Inc. (quantity not specified in release)
- An additional 0.2 of one share of BioGene Therapeutics Inc. per Preveceutical share held.
- Correction Notice: The Oct 20, 2025 press release incorrectly listed the record date as Oct 31, 2025; the correct record date is Nov 24, 2025.
- Previous Announcements Referenced: This update follows earlier releases on Sep 4, 2025; Sep 19, 2025; Oct 10, 2025; and Oct 20, 2025 that outlined the arrangement’s terms and timeline.
Notable Quotes
(No direct quotes were provided in the release.)
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