BioTime announces distribution of AgeX shares
Nov. 28, 2018 9:21 AM ET|By: Mamta Mayani, SA News Editor
BioTime (NYSEMKT:BTX) will proceed with the distribution of ~12.7M AgeX shares owned by BioTime on a pro rata basis, beginning at 5:00 pm ET today.
Eligible BioTime shareholders are entitled to receive one share of AgeX common stock for every 10 shares of BioTime common stock held as of the record date of November 16.
AgeX will begin trading on the NYSE from November 29, under the ticker symbol AGE.