Tuesday, 02 January 2024 12:17 GMT

Investornewsbreaks TC Biopharm Holdings PLC (NASDAQ: TCBP) Announces ADS Ratio Change Effective Feb. 10


(MENAFN- Investor Brand Network) TC BioPharm (NASDAQ: TCBP) , a clinical-stage biotechnology company, announced a change in the ratio of its American Depositary Shares (“ADSs”) to ordinary shares from 1 ADS representing 200 ordinary shares to 1 ADS representing 4,000 ordinary shares, effective Feb. 10, 2025. The adjustment will function as a 1-for-20 reverse ADS split but will not affect the total number of underlying ordinary shares. The bank of New York Mellon, the company's depositary bank, will manage the exchange, with fractional entitlements aggregated and sold, and proceeds distributed to holders. TC BioPharm expects the ADS trading price to rise proportionally but does not guarantee specific price outcomes.

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About TC BioPharm Holdings PLC

TC BioPharm is a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of gamma-delta T cell therapies for the treatment of cancer with human efficacy data in acute myeloid leukemia. Gamma-delta T cells are naturally occurring immune cells that embody properties of both the innate and adaptive immune systems and can intrinsically differentiate between healthy and diseased tissue. TC BioPharm is the leader in developing gamma-delta T cell therapies, and the first company to conduct phase II/pivotal clinical studies in oncology. The company is conducting two investigator-initiated clinical trials for its unmodified gamma-delta T cell product line – Phase 2b/3 pivotal trial for OmnImmune(R) in treatment of acute myeloid leukemia using the company's proprietary allogeneic CryoTC technology to provide frozen product to clinics worldwide. For more information about the company, visit .

NOTE TO INVESTORS: The latest news and updates relating to TCBP are available in the company's newsroom at

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