Core Points - ProKidney Corp. has completed the domestication process, changing its jurisdiction of incorporation from the Cayman Islands to Delaware, effective July 1, 2025 [1] - Shareholders approved the domestication at the Annual General Meeting on May 29, 2025, with Class A and Class B ordinary shares converting to common stock [1] - ProKidney's common stock will begin trading on Nasdaq under the unchanged symbol "PROK" starting July 2, 2025 [1] - The company does not expect any impact on day-to-day business operations due to the domestication [1] Company Overview - ProKidney is focused on chronic kidney disease (CKD) and is a pioneer in cellular therapy, founded in 2015 after a decade of research [3] - The lead product candidate, rilparencel (REACT), is a first-in-class autologous cellular therapy in Phase 2 and Phase 3 studies aimed at preserving kidney function in diabetic patients at high risk of kidney failure [3] - Rilparencel has received Regenerative Medicine Advanced Therapy (RMAT) designation from the FDA [3]
ProKidney Corp. Completes Domestication from the Cayman Islands to Delaware