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0 0 -0.0077519379844961 -0.0077519379844961 -0.0077519379844961 0.0170542635658915 0.0077519379844961 -0.0077519379844961
Stock impact report

AVITA Medical Announces Intention to Redomicile to the United States of America

Avita Medical, Inc. (RCEL) 
Company Research Source: Business Wire
Intention to establish primary listing on NASDAQ with continued (secondary) listing on ASX VALENCIA, Calif. & MELBOURNE, Australia--(BUSINESS WIRE)--AVITA Medical Limited (Company) (ASX: AVH, NASDAQ: RCEL), a regenerative medicine company with a technology platform positioned to address unmet medical needs in therapeutic skin restoration, announced today its intention to redomicile the Company and its subsidiaries (Avita Group) from Australia to the United States of America by way of a scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) (Redomiciliation).To implement the Redomiciliation, the Company has entered into a Scheme Implementation Agreement dated 20 April 2020 with AVITA Therapeutics, Inc. (Avita US), a newly-formed company incorporated in Delaware in the United States. A copy of the Scheme Implementation Agreement is attached and will be available on the Company’s website.If the Redomiciliation is implemented:Avita US will become the new holding compan Show less Read more
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