Bankruptcy | GRITSTONE BIO INC | 15th October 2024
On October 10, 2024, GRITSTONE BIO INC announced it has commenced voluntary Chapter 11 restructuring proceedings in the U.S. Bankruptcy Court for the District of Delaware. GRITSTONE BIO INC will be removed from the index effective October 15, 2024, based on its last close price. Please note, the final removal price will depend on the stock trading status. If it is not trading on the primary stock exchange or any alternative eligible exchange, then the removal price will be zero.
The treatment below will be applied to the following indices:
- GRITSTONE BIO INC will be removed from the Index.
- The weight of GRITSTONE BIO INC (GRTS.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 15/10/2024
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