Thursday, February 13, 2020

Equity Corporate Actions Alert #2020 - 32
(UPDATED) Information regarding When Distributed market for XBiotech Inc. (XBIT)


  • Industry Announcement

Markets Impacted:

Contact Information:


On January 14, 2020, XBiotech Inc. (XBIT) announced a modified Dutch Auction Tender Offer. The offer expired on February 12, 2020 and was oversubscribed, the unaccepted shares will be returned promptly. A when distributed market will be set up to facilitate trading of the oversubscribed shares. The details for the when-distributed markets are as follows:

Company Name/Issue: XBiotech Inc. Common Stock
CUSIP: 98400H102
Symbol: XBIT

The details for the when distributed market are as follows:

Issue: Common Stock When Distributed
Symbol: XBITV
CUSIP: 98400H102
First Trade Date: February 14, 2020
Suspension Date: February 20, 2020
Settlement Date: February 24, 2020

For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.

If you would like to register as a market maker in XBITV contact Nasdaq Trading Services at +1 212 231 5100.

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