STOCK TITAN

[S-8 POS] ProKidney Corp. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
S-8 POS
Rhea-AI Filing Summary

ProKidney Corp. (PROK) filed a Post-Effective Amendment No. 1 to its previously effective Form S-4 on 3 July 2025 to reflect the company’s completed domestication from the Cayman Islands to Delaware, which became effective 1 July 2025. The amendment, submitted under Rule 414(d), formally adopts the earlier Cayman Islands registration statement as the successor Delaware issuer’s own, avoiding any lapse in Securities Act or Exchange Act coverage.

Key points for investors:

  • Corporate domicile change: The legal entity is now a Delaware corporation governed by the DGCL, its new certificate of incorporation and by-laws. Delaware’s well-established case law may enhance predictability around shareholder rights and M&A activity.
  • Capital continuity: Every Class A and Class B ordinary share of the Cayman entity automatically converted 1-for-1 into the same class of Delaware common stock with identical proportional equity interests; no dilution or change in share count occurred.
  • Listing & identifiers: Shares continue trading on Nasdaq Capital Market under ticker “PROK”; however, the CUSIP changed to 74291D 104.
  • Management & operations unchanged: Business, assets, liabilities, fiscal year and the full board/executive team remain exactly the same post-domestication.
  • Expert consents & exhibits: New opinions from Akin Gump (Ex. 5.1) and EY’s audit consent (Ex. 23.1) are filed; Delaware charter and by-laws are incorporated by reference.
  • Indemnification framework: The filing details DGCL provisions and the company’s charter/by-law clauses that limit director & officer liability and permit broad indemnification, supplemented by D&O insurance and individual indemnification agreements.

No new securities are being offered and the amendment is largely administrative; it ensures continuous SEC registration and updates the governing law and disclosure cross-references to reflect the Delaware entity.

ProKidney Corp. (PROK) ha presentato il 3 luglio 2025 un Emendamento Post-Esecutivo N. 1 al suo precedente Modulo S-4 efficace, per riflettere la domesticazione completata dalla Cayman Islands al Delaware, diventata effettiva il 1 luglio 2025. L'emendamento, presentato ai sensi della Regola 414(d), adotta formalmente la precedente dichiarazione di registrazione delle Cayman Islands come propria del successore emittente del Delaware, evitando qualsiasi interruzione nella copertura ai sensi del Securities Act o Exchange Act.

Punti chiave per gli investitori:

  • Cambio di domicilio societario: L'entità legale è ora una società del Delaware regolata dal DGCL, dal nuovo certificato di incorporazione e dallo statuto. La giurisprudenza consolidata del Delaware può aumentare la prevedibilità riguardo ai diritti degli azionisti e alle operazioni di M&A.
  • Continuità del capitale: Ogni azione ordinaria Classe A e Classe B della società Cayman è stata automaticamente convertita 1 a 1 nella stessa classe di azioni ordinarie Delaware con identica partecipazione proporzionale; non si sono verificati diluizioni o variazioni nel numero di azioni.
  • Quotazione e identificatori: Le azioni continuano a essere negoziate sul Nasdaq Capital Market con il ticker “PROK”; tuttavia, il CUSIP è cambiato in 74291D 104.
  • Gestione e operazioni invariate: Attività, passività, esercizio fiscale e l'intero consiglio/esecutivo rimangono esattamente gli stessi dopo la domesticazione.
  • Consensi di esperti e allegati: Sono stati depositati nuovi pareri di Akin Gump (Es. 5.1) e il consenso alla revisione di EY (Es. 23.1); il certificato e lo statuto del Delaware sono incorporati per riferimento.
  • Quadro di indennizzo: Il deposito dettaglia le disposizioni del DGCL e le clausole dello statuto e regolamento della società che limitano la responsabilità di amministratori e dirigenti e consentono un ampio indennizzo, integrato da assicurazione D&O e accordi individuali di indennizzo.

Non vengono offerte nuove azioni e l'emendamento ha carattere prevalentemente amministrativo; garantisce la continuità della registrazione SEC e aggiorna la legge applicabile e i riferimenti informativi per riflettere l'entità del Delaware.

ProKidney Corp. (PROK) presentó el 3 de julio de 2025 una Enmienda Post-Efectiva N.º 1 a su Formulario S-4 previamente vigente para reflejar la domesticación completada desde las Islas Caimán a Delaware, que entró en vigor el 1 de julio de 2025. La enmienda, presentada bajo la Regla 414(d), adopta formalmente la declaración de registro anterior de las Islas Caimán como propia del emisor sucesor de Delaware, evitando cualquier interrupción en la cobertura bajo la Ley de Valores o la Ley de Intercambio.

Puntos clave para los inversores:

  • Cambio de domicilio corporativo: La entidad legal es ahora una corporación de Delaware regida por el DGCL, su nuevo certificado de incorporación y estatutos. La jurisprudencia consolidada de Delaware puede mejorar la previsibilidad respecto a los derechos de los accionistas y la actividad de fusiones y adquisiciones.
  • Continuidad de capital: Cada acción ordinaria Clase A y Clase B de la entidad de las Islas Caimán se convirtió automáticamente 1 a 1 en la misma clase de acciones comunes de Delaware con intereses proporcionales idénticos; no hubo dilución ni cambio en el número de acciones.
  • Listado e identificadores: Las acciones continúan cotizando en Nasdaq Capital Market bajo el ticker “PROK”; sin embargo, el CUSIP cambió a 74291D 104.
  • Gestión y operaciones sin cambios: El negocio, activos, pasivos, año fiscal y el equipo ejecutivo y junta directiva completos permanecen exactamente iguales tras la domesticación.
  • Consentimientos de expertos y anexos: Se presentan nuevas opiniones de Akin Gump (Ex. 5.1) y el consentimiento de auditoría de EY (Ex. 23.1); la carta constitutiva y estatutos de Delaware se incorporan por referencia.
  • Marco de indemnización: La presentación detalla las disposiciones del DGCL y las cláusulas del estatuto y reglamento de la empresa que limitan la responsabilidad de directores y oficiales y permiten una amplia indemnización, complementada con seguro D&O y acuerdos individuales de indemnización.

No se ofrecen nuevos valores y la enmienda es principalmente administrativa; asegura la continuidad del registro ante la SEC y actualiza la ley aplicable y las referencias de divulgación para reflejar la entidad de Delaware.

ProKidney Corp. (PROK)는 2025년 7월 3일에 이전에 효력이 있던 Form S-4에 대한 사후 효력 수정안 1호를 제출하여 회사가 케이맨 제도에서 델라웨어로의 국내 이전을 완료했음을 반영했습니다. 이 변경은 2025년 7월 1일에 발효되었습니다. 규칙 414(d)에 따라 제출된 이 수정안은 이전 케이맨 제도 등록 명세서를 델라웨어 후속 발행자의 것으로 공식 채택하여 증권법 및 거래법 적용의 공백을 방지합니다.

투자자를 위한 주요 사항:

  • 법인 소재지 변경: 법적 실체가 이제 DGCL(델라웨어 일반회사법), 새 설립 증명서 및 정관에 따라 운영되는 델라웨어 법인입니다. 델라웨어의 확립된 판례법은 주주 권리 및 M&A 활동에 대한 예측 가능성을 높일 수 있습니다.
  • 자본 연속성: 케이맨 법인의 모든 Class A 및 Class B 보통주는 동일한 비율의 델라웨어 보통주로 1대1 자동 전환되었으며, 주식 수나 희석은 발생하지 않았습니다.
  • 상장 및 식별자: 주식은 계속해서 나스닥 캐피털 마켓에서 “PROK” 티커로 거래되지만, CUSIP은 74291D 104로 변경되었습니다.
  • 경영 및 운영 변화 없음: 사업, 자산, 부채, 회계 연도 및 전체 이사회/경영진은 국내 이전 후에도 동일하게 유지됩니다.
  • 전문가 동의 및 첨부 문서: Akin Gump의 새로운 의견서(Ex. 5.1)와 EY의 감사 동의서(Ex. 23.1)가 제출되었으며, 델라웨어 설립 증명서 및 정관은 참조로 포함됩니다.
  • 면책 체계: 제출 문서에는 DGCL 조항과 이사 및 임원 책임을 제한하고 광범위한 면책을 허용하는 회사 정관 및 규정 조항이 상세히 설명되어 있으며, D&O 보험과 개별 면책 계약으로 보완됩니다.

새로운 증권 발행은 없으며, 이 수정안은 주로 행정적 성격을 띠고 있습니다. 이는 SEC 등록의 연속성을 보장하며, 델라웨어 법인에 맞게 적용 법률과 공시 참조를 업데이트합니다.

ProKidney Corp. (PROK) a déposé le 3 juillet 2025 un Amendement Post-Efficace n°1 à son formulaire S-4 précédemment en vigueur afin de refléter la domestication achevée des îles Caïmans vers le Delaware, effective depuis le 1er juillet 2025. L'amendement, soumis en vertu de la règle 414(d), adopte formellement la déclaration d'enregistrement antérieure des îles Caïmans comme propre au successeur émetteur du Delaware, évitant ainsi toute interruption de la couverture en vertu du Securities Act ou Exchange Act.

Points clés pour les investisseurs :

  • Changement de domicile social : L'entité juridique est désormais une société du Delaware régie par le DGCL, son nouveau certificat d'incorporation et ses statuts. La jurisprudence bien établie du Delaware peut améliorer la prévisibilité des droits des actionnaires et des opérations de fusion-acquisition.
  • Continuité du capital : Chaque action ordinaire de classe A et B de l'entité des îles Caïmans a été automatiquement convertie 1 pour 1 en la même classe d'actions ordinaires du Delaware avec des intérêts proportionnels identiques ; aucune dilution ni changement du nombre d'actions n'a eu lieu.
  • Cotation et identifiants : Les actions continuent d'être négociées sur le Nasdaq Capital Market sous le symbole « PROK » ; cependant, le CUSIP a changé pour 74291D 104.
  • Gestion et opérations inchangées : L'activité, les actifs, les passifs, l'exercice fiscal ainsi que l'ensemble du conseil d'administration et de l'équipe dirigeante restent exactement les mêmes après la domestication.
  • Consentements d’experts et annexes : De nouveaux avis d’Akin Gump (Ex. 5.1) et le consentement d’audit d’EY (Ex. 23.1) sont déposés ; la charte et les statuts du Delaware sont incorporés par référence.
  • Cadre d’indemnisation : Le dépôt détaille les dispositions du DGCL et les clauses de la charte/statuts de la société qui limitent la responsabilité des administrateurs et dirigeants et permettent une large indemnisation, complétée par une assurance D&O et des accords d’indemnisation individuels.

Aucune nouvelle valeur mobilière n’est offerte et l’amendement est principalement administratif ; il assure la continuité de l’enregistrement auprès de la SEC et met à jour la loi applicable ainsi que les références de divulgation pour refléter l’entité du Delaware.

ProKidney Corp. (PROK) reichte am 3. Juli 2025 eine Post-Effective Amendment Nr. 1 zu ihrem zuvor wirksamen Formular S-4 ein, um die abgeschlossene Domestizierung von den Cayman Islands nach Delaware widerzuspiegeln, die am 1. Juli 2025 wirksam wurde. Die unter Regel 414(d) eingereichte Änderung übernimmt formell die frühere Registrierungserklärung der Cayman Islands als die des nachfolgenden Emittenten in Delaware und vermeidet so eine Unterbrechung des Securities Act- oder Exchange Act-Schutzes.

Wichtige Punkte für Investoren:

  • Änderung des Firmensitzes: Die juristische Person ist nun eine Delaware Corporation, geregelt durch das DGCL, ihre neue Satzung und Geschäftsordnung. Die etablierte Rechtsprechung Delawares kann die Vorhersehbarkeit von Aktionärsrechten und M&A-Aktivitäten verbessern.
  • Kapitalfortführung: Jede Stammaktie Klasse A und Klasse B der Cayman-Gesellschaft wurde automatisch 1:1 in dieselbe Klasse von Delaware-Stammaktien mit identischen proportionalen Beteiligungen umgewandelt; keine Verwässerung oder Änderung der Aktienanzahl fand statt.
  • Notierung & Kennungen: Die Aktien werden weiterhin an der Nasdaq Capital Market unter dem Ticker „PROK“ gehandelt; der CUSIP änderte sich jedoch auf 74291D 104.
  • Management & Betrieb unverändert: Geschäft, Vermögenswerte, Verbindlichkeiten, Geschäftsjahr sowie der gesamte Vorstand und das Führungsteam bleiben nach der Domestizierung unverändert.
  • Expertenzustimmungen & Anlagen: Neue Gutachten von Akin Gump (Ex. 5.1) und EY’s Prüfungszustimmung (Ex. 23.1) wurden eingereicht; die Delaware-Satzung und Geschäftsordnung sind durch Verweis aufgenommen.
  • Entschädigungsrahmen: Die Einreichung beschreibt die DGCL-Bestimmungen und die Satzungs-/Geschäftsordnungs-Klauseln des Unternehmens, die die Haftung von Direktoren und Führungskräften begrenzen und eine umfassende Entschädigung ermöglichen, ergänzt durch D&O-Versicherungen und individuelle Entschädigungsvereinbarungen.

Es werden keine neuen Wertpapiere angeboten, und die Änderung ist überwiegend administrativ; sie gewährleistet die kontinuierliche SEC-Registrierung und aktualisiert das anwendbare Recht sowie die Offenlegungsverweise, um die Delaware-Entität widerzuspiegeln.

Positive
  • Improved legal framework: Delaware incorporation offers clearer corporate governance standards and may broaden institutional investor appeal.
  • No dilution risk: 1-for-1 conversion ensures shareholder ownership percentages remain unchanged post-domestication.
Negative
  • None.

Insights

TL;DR — Re-domiciling to Delaware is administratively complex but strategically neutral-to-positive; no economic impact on shares.

Moving from the Cayman Islands to Delaware positions ProKidney within the U.S.’s most sophisticated corporate law regime. Investors often view Delaware charters as providing clearer fiduciary standards, efficient courts (Chancery Court) and greater deal certainty in potential M&A scenarios. The amendment confirms 1-for-1 share conversion, unchanged operations and board continuity, eliminating dilution concerns. Delaware permits officer exculpation and robust indemnification, which can aid director recruitment and reduce governance risk, but also slightly elevates the protective shield around management. No financial metrics shift, so valuation remains intact. Overall impact on shareholder value is modest yet directionally positive because of improved legal predictability and U.S. jurisdictional alignment.

TL;DR — Amendment keeps registration alive; ticker same, CUSIP new; fundamentally neutral to earnings outlook.

The POS AM merely restates the existing S-4 under the successor company’s name, ensuring SEC compliance after domestication. Because the share structure and Nasdaq listing are untouched, liquidity and index inclusion should be unaffected. The new CUSIP will automatically flow through broker/dealer back-offices; no action is required by retail or institutional holders. There are no new offerings, no fee table adjustments and no revisions to previously filed financials. From a capital-markets angle, the step is housekeeping with minimal direct valuation effect, though some U.S.-based funds with Cayman restrictions may now participate, providing a marginally broader investor base.

ProKidney Corp. (PROK) ha presentato il 3 luglio 2025 un Emendamento Post-Esecutivo N. 1 al suo precedente Modulo S-4 efficace, per riflettere la domesticazione completata dalla Cayman Islands al Delaware, diventata effettiva il 1 luglio 2025. L'emendamento, presentato ai sensi della Regola 414(d), adotta formalmente la precedente dichiarazione di registrazione delle Cayman Islands come propria del successore emittente del Delaware, evitando qualsiasi interruzione nella copertura ai sensi del Securities Act o Exchange Act.

Punti chiave per gli investitori:

  • Cambio di domicilio societario: L'entità legale è ora una società del Delaware regolata dal DGCL, dal nuovo certificato di incorporazione e dallo statuto. La giurisprudenza consolidata del Delaware può aumentare la prevedibilità riguardo ai diritti degli azionisti e alle operazioni di M&A.
  • Continuità del capitale: Ogni azione ordinaria Classe A e Classe B della società Cayman è stata automaticamente convertita 1 a 1 nella stessa classe di azioni ordinarie Delaware con identica partecipazione proporzionale; non si sono verificati diluizioni o variazioni nel numero di azioni.
  • Quotazione e identificatori: Le azioni continuano a essere negoziate sul Nasdaq Capital Market con il ticker “PROK”; tuttavia, il CUSIP è cambiato in 74291D 104.
  • Gestione e operazioni invariate: Attività, passività, esercizio fiscale e l'intero consiglio/esecutivo rimangono esattamente gli stessi dopo la domesticazione.
  • Consensi di esperti e allegati: Sono stati depositati nuovi pareri di Akin Gump (Es. 5.1) e il consenso alla revisione di EY (Es. 23.1); il certificato e lo statuto del Delaware sono incorporati per riferimento.
  • Quadro di indennizzo: Il deposito dettaglia le disposizioni del DGCL e le clausole dello statuto e regolamento della società che limitano la responsabilità di amministratori e dirigenti e consentono un ampio indennizzo, integrato da assicurazione D&O e accordi individuali di indennizzo.

Non vengono offerte nuove azioni e l'emendamento ha carattere prevalentemente amministrativo; garantisce la continuità della registrazione SEC e aggiorna la legge applicabile e i riferimenti informativi per riflettere l'entità del Delaware.

ProKidney Corp. (PROK) presentó el 3 de julio de 2025 una Enmienda Post-Efectiva N.º 1 a su Formulario S-4 previamente vigente para reflejar la domesticación completada desde las Islas Caimán a Delaware, que entró en vigor el 1 de julio de 2025. La enmienda, presentada bajo la Regla 414(d), adopta formalmente la declaración de registro anterior de las Islas Caimán como propia del emisor sucesor de Delaware, evitando cualquier interrupción en la cobertura bajo la Ley de Valores o la Ley de Intercambio.

Puntos clave para los inversores:

  • Cambio de domicilio corporativo: La entidad legal es ahora una corporación de Delaware regida por el DGCL, su nuevo certificado de incorporación y estatutos. La jurisprudencia consolidada de Delaware puede mejorar la previsibilidad respecto a los derechos de los accionistas y la actividad de fusiones y adquisiciones.
  • Continuidad de capital: Cada acción ordinaria Clase A y Clase B de la entidad de las Islas Caimán se convirtió automáticamente 1 a 1 en la misma clase de acciones comunes de Delaware con intereses proporcionales idénticos; no hubo dilución ni cambio en el número de acciones.
  • Listado e identificadores: Las acciones continúan cotizando en Nasdaq Capital Market bajo el ticker “PROK”; sin embargo, el CUSIP cambió a 74291D 104.
  • Gestión y operaciones sin cambios: El negocio, activos, pasivos, año fiscal y el equipo ejecutivo y junta directiva completos permanecen exactamente iguales tras la domesticación.
  • Consentimientos de expertos y anexos: Se presentan nuevas opiniones de Akin Gump (Ex. 5.1) y el consentimiento de auditoría de EY (Ex. 23.1); la carta constitutiva y estatutos de Delaware se incorporan por referencia.
  • Marco de indemnización: La presentación detalla las disposiciones del DGCL y las cláusulas del estatuto y reglamento de la empresa que limitan la responsabilidad de directores y oficiales y permiten una amplia indemnización, complementada con seguro D&O y acuerdos individuales de indemnización.

No se ofrecen nuevos valores y la enmienda es principalmente administrativa; asegura la continuidad del registro ante la SEC y actualiza la ley aplicable y las referencias de divulgación para reflejar la entidad de Delaware.

ProKidney Corp. (PROK)는 2025년 7월 3일에 이전에 효력이 있던 Form S-4에 대한 사후 효력 수정안 1호를 제출하여 회사가 케이맨 제도에서 델라웨어로의 국내 이전을 완료했음을 반영했습니다. 이 변경은 2025년 7월 1일에 발효되었습니다. 규칙 414(d)에 따라 제출된 이 수정안은 이전 케이맨 제도 등록 명세서를 델라웨어 후속 발행자의 것으로 공식 채택하여 증권법 및 거래법 적용의 공백을 방지합니다.

투자자를 위한 주요 사항:

  • 법인 소재지 변경: 법적 실체가 이제 DGCL(델라웨어 일반회사법), 새 설립 증명서 및 정관에 따라 운영되는 델라웨어 법인입니다. 델라웨어의 확립된 판례법은 주주 권리 및 M&A 활동에 대한 예측 가능성을 높일 수 있습니다.
  • 자본 연속성: 케이맨 법인의 모든 Class A 및 Class B 보통주는 동일한 비율의 델라웨어 보통주로 1대1 자동 전환되었으며, 주식 수나 희석은 발생하지 않았습니다.
  • 상장 및 식별자: 주식은 계속해서 나스닥 캐피털 마켓에서 “PROK” 티커로 거래되지만, CUSIP은 74291D 104로 변경되었습니다.
  • 경영 및 운영 변화 없음: 사업, 자산, 부채, 회계 연도 및 전체 이사회/경영진은 국내 이전 후에도 동일하게 유지됩니다.
  • 전문가 동의 및 첨부 문서: Akin Gump의 새로운 의견서(Ex. 5.1)와 EY의 감사 동의서(Ex. 23.1)가 제출되었으며, 델라웨어 설립 증명서 및 정관은 참조로 포함됩니다.
  • 면책 체계: 제출 문서에는 DGCL 조항과 이사 및 임원 책임을 제한하고 광범위한 면책을 허용하는 회사 정관 및 규정 조항이 상세히 설명되어 있으며, D&O 보험과 개별 면책 계약으로 보완됩니다.

새로운 증권 발행은 없으며, 이 수정안은 주로 행정적 성격을 띠고 있습니다. 이는 SEC 등록의 연속성을 보장하며, 델라웨어 법인에 맞게 적용 법률과 공시 참조를 업데이트합니다.

ProKidney Corp. (PROK) a déposé le 3 juillet 2025 un Amendement Post-Efficace n°1 à son formulaire S-4 précédemment en vigueur afin de refléter la domestication achevée des îles Caïmans vers le Delaware, effective depuis le 1er juillet 2025. L'amendement, soumis en vertu de la règle 414(d), adopte formellement la déclaration d'enregistrement antérieure des îles Caïmans comme propre au successeur émetteur du Delaware, évitant ainsi toute interruption de la couverture en vertu du Securities Act ou Exchange Act.

Points clés pour les investisseurs :

  • Changement de domicile social : L'entité juridique est désormais une société du Delaware régie par le DGCL, son nouveau certificat d'incorporation et ses statuts. La jurisprudence bien établie du Delaware peut améliorer la prévisibilité des droits des actionnaires et des opérations de fusion-acquisition.
  • Continuité du capital : Chaque action ordinaire de classe A et B de l'entité des îles Caïmans a été automatiquement convertie 1 pour 1 en la même classe d'actions ordinaires du Delaware avec des intérêts proportionnels identiques ; aucune dilution ni changement du nombre d'actions n'a eu lieu.
  • Cotation et identifiants : Les actions continuent d'être négociées sur le Nasdaq Capital Market sous le symbole « PROK » ; cependant, le CUSIP a changé pour 74291D 104.
  • Gestion et opérations inchangées : L'activité, les actifs, les passifs, l'exercice fiscal ainsi que l'ensemble du conseil d'administration et de l'équipe dirigeante restent exactement les mêmes après la domestication.
  • Consentements d’experts et annexes : De nouveaux avis d’Akin Gump (Ex. 5.1) et le consentement d’audit d’EY (Ex. 23.1) sont déposés ; la charte et les statuts du Delaware sont incorporés par référence.
  • Cadre d’indemnisation : Le dépôt détaille les dispositions du DGCL et les clauses de la charte/statuts de la société qui limitent la responsabilité des administrateurs et dirigeants et permettent une large indemnisation, complétée par une assurance D&O et des accords d’indemnisation individuels.

Aucune nouvelle valeur mobilière n’est offerte et l’amendement est principalement administratif ; il assure la continuité de l’enregistrement auprès de la SEC et met à jour la loi applicable ainsi que les références de divulgation pour refléter l’entité du Delaware.

ProKidney Corp. (PROK) reichte am 3. Juli 2025 eine Post-Effective Amendment Nr. 1 zu ihrem zuvor wirksamen Formular S-4 ein, um die abgeschlossene Domestizierung von den Cayman Islands nach Delaware widerzuspiegeln, die am 1. Juli 2025 wirksam wurde. Die unter Regel 414(d) eingereichte Änderung übernimmt formell die frühere Registrierungserklärung der Cayman Islands als die des nachfolgenden Emittenten in Delaware und vermeidet so eine Unterbrechung des Securities Act- oder Exchange Act-Schutzes.

Wichtige Punkte für Investoren:

  • Änderung des Firmensitzes: Die juristische Person ist nun eine Delaware Corporation, geregelt durch das DGCL, ihre neue Satzung und Geschäftsordnung. Die etablierte Rechtsprechung Delawares kann die Vorhersehbarkeit von Aktionärsrechten und M&A-Aktivitäten verbessern.
  • Kapitalfortführung: Jede Stammaktie Klasse A und Klasse B der Cayman-Gesellschaft wurde automatisch 1:1 in dieselbe Klasse von Delaware-Stammaktien mit identischen proportionalen Beteiligungen umgewandelt; keine Verwässerung oder Änderung der Aktienanzahl fand statt.
  • Notierung & Kennungen: Die Aktien werden weiterhin an der Nasdaq Capital Market unter dem Ticker „PROK“ gehandelt; der CUSIP änderte sich jedoch auf 74291D 104.
  • Management & Betrieb unverändert: Geschäft, Vermögenswerte, Verbindlichkeiten, Geschäftsjahr sowie der gesamte Vorstand und das Führungsteam bleiben nach der Domestizierung unverändert.
  • Expertenzustimmungen & Anlagen: Neue Gutachten von Akin Gump (Ex. 5.1) und EY’s Prüfungszustimmung (Ex. 23.1) wurden eingereicht; die Delaware-Satzung und Geschäftsordnung sind durch Verweis aufgenommen.
  • Entschädigungsrahmen: Die Einreichung beschreibt die DGCL-Bestimmungen und die Satzungs-/Geschäftsordnungs-Klauseln des Unternehmens, die die Haftung von Direktoren und Führungskräften begrenzen und eine umfassende Entschädigung ermöglichen, ergänzt durch D&O-Versicherungen und individuelle Entschädigungsvereinbarungen.

Es werden keine neuen Wertpapiere angeboten, und die Änderung ist überwiegend administrativ; sie gewährleistet die kontinuierliche SEC-Registrierung und aktualisiert das anwendbare Recht sowie die Offenlegungsverweise, um die Delaware-Entität widerzuspiegeln.

As filed with the Securities and Exchange Commission on July 3, 2025
 
Registration No. 333-267414
Registration No. 333-270920
Registration No. 333-278176
Registration No. 333-285975
  UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



POST-EFFECTIVE AMENDMENT NO. 1
to
FORM S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
 

ProKidney Corp.
(Exact name of registrant as specified in its charter)



Delaware

98-1586514
(State or other jurisdiction of
incorporation or organization)

(I.R.S. Employer
Identification No.)

2000 Frontis Plaza Blvd., Ste 250
Winston-Salem, NC 27103
(Address, including zip code, of Principal Executive Offices)



ProKidney Corp. 2022 Incentive Equity Plan
ProKidney Corp. Employee Stock Purchase Plan
(Full titles of the plans)

Bruce Culleton, M.D.
Chief Executive Officer
ProKidney Corp.
2000 Frontis Plaza Blvd., Ste 250
Winston-Salem, NC 27103
Telephone: (336) 999-7028
(Name, address and telephone number, including area code, of agent for service)



Copies to:
Stuart E. Leblang
John P. Clayton
Eric H. Wexler
Akin Gump Strauss Hauer & Feld LLP
One Bryant Park
Bank of America Tower
New York, NY 10036
(214) 969-2701


 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer
Accelerated filer


 
Non-accelerated filer
Smaller reporting company


 


Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐



EXPLANATORY NOTE
 
This Post-Effective Amendment No. 1 (this “Amendment” or “Post-Effective Amendment”) to the Registration Statements (as defined below) is being filed pursuant to Rule 414(d) under the Securities Act of 1933, as amended (the “Securities Act”), by ProKidney Corp., a Delaware corporation (the “Company”), as the successor to ProKidney Corp., a Cayman Islands exempted company (“ProKidney Cayman”). Effective July 1, 2025, ProKidney Corp. changed its jurisdiction of incorporation from the Cayman Islands to the State of Delaware (the “Domestication”). Except as modified by this Amendment, this Post-Effective Amendment No. 1 pertains to the adoption by the Company of the following registration statements on Form S-8 (collectively, the “Registration Statements”): (i) Registration No. 333-267414; (ii) Registration No. 333-270920; (iii) Registration No. 333-278176; and (iv) Registration No. 333-285975. The Company hereby expressly adopts each Registration Statement as its own registration statement for all purposes of the Securities Act and the Securities Exchange Act of 1934, as amended (the “Exchange Act”). This Post-Effective Amendment No. 1 does not reflect any increase in the number of shares of the Company’s Class A common stock, par value $ 0.0001 per share (the “Class A common stock”), issuable pursuant to the plans listed on the cover page hereof above the numbers previously approved and disclosed.
 
For the purposes of this Amendment and the Registration Statements, references to the “Company,” “ProKidney,” the “Registrant,” “we,” “our,” “us” and similar terms mean, as of any time prior to the Domestication, ProKidney Cayman and, as of any time after the Domestication, ProKidney Corp., a Delaware corporation. The information contained in this Amendment sets forth additional information to reflect the Domestication. All documents filed by the Company under Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act before the effective date of the Domestication will not reflect the change in our jurisdiction of incorporation or capital structure.
 
The Domestication was effected in the manner described in ProKidney’s registration statement on Form S-4 (the “Form S-4”), which was filed with the Securities and Exchange Commission (the “Commission”) on March 31, 2025 (File No. 333-286278). In the Domestication, ProKidney Corp. deregistered as an exempted company in the Cayman Islands pursuant to Sections 206 and 207 of the Companies Act (as amended) of the Cayman Islands and continued its existence under the General Corporation Law of the State of Delaware (the “DGCL”) as a corporation incorporated in the State of Delaware pursuant to Section 388 of the DGCL. Our consolidated business, operations, assets and liabilities, as well as our principal locations (other than our registered office in Cayman Islands) and fiscal year, were the same immediately after the Domestication as they were immediately prior to the Domestication. In addition, the directors and executive officers of the Company immediately after the Domestication were the same individuals who were directors and executive officers, respectively, of ProKidney Cayman immediately prior to the Domestication.
 
The Company’s Class A common stock continues to be listed for trading on the Nasdaq Capital Market under the ticker symbol “PROK.” Upon effectiveness of the Domestication, the Company’s CUSIP number relating to its Class A common stock changed to 74291D 104.
 
In connection with the Domestication, (i) the outstanding Class A ordinary shares of ProKidney Cayman, par value $0.0001 per share, including fractions of ordinary shares, converted by operation of law into an equivalent number of shares (or fractions thereof) of Class A common stock of the Company, par value $0.0001 per share, and (ii) the outstanding Class B ordinary shares of the ProKidney Cayman, par value $0.0001 per share, including fractions of ordinary shares, converted by operation of law into an equivalent number of shares (or fractions thereof) of Class B common stock of the Company, par value $0.0001 per share. The number of shares of Class A common stock of the Company outstanding immediately after the Domestication was the same as the number of ordinary shares of ProKidney Cayman outstanding immediately prior to the Domestication. Consequently, each holder of a Class A ordinary share (or fraction thereof) or Class B ordinary share (or fraction thereof) of ProKidney Cayman immediately prior to the Domestication held, immediately thereafter, a share of Class A common stock (or fraction thereof) or Class B common stock (or fraction thereof) of the Company representing the same proportional equity interest in the Company as that shareholder held in ProKidney Cayman and representing the same class of shares.


In connection with the Domestication, ProKidney has amended (i) ProKidney Corp. 2022 Incentive Equity Plan by adopting the First Amendment to the ProKidney Corp. 2022 Incentive Equity Plan (the “2022 Plan Amendment”) and (ii) ProKidney Corp. Employee Stock Purchase Plan by adopting the First Amendment to the ProKidney Corp. Employee Stock Purchase Plan (the “Employee Plan Amendment”, and together with the 2022 Plan Amendment, the “Plan Amendments”). The Plan Amendments are filed as Exhibits 10.3 and 10.4 to this Amendment, respectively, and are hereby incorporated by reference into this Amendment.
 
The rights of holders of the Company’s Class A common stock are now governed by the Company’s Delaware certificate of incorporation, its Delaware by-laws and the DGCL, each of which is described in ProKidney Cayman’s final prospectus relating to the Domestication, which was filed with the Commission pursuant to Rule 424(b)(3) on April 28, 2025 (the “Final Prospectus”). The Final Prospectus is part of the Form S-4.


PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

          The information specified in Item 1 and Item 2 of Part I of the registration statement on Form S-8 is omitted from this filing in accordance with the provisions of Rule 428 under the Securities Act and the introductory note to Part I of the instructions to the registration statement on Form S-8. The document containing the information specified in this Part I will be sent or given to employees as specified by Rule 428(b)(1). Such document need not be filed with the Commission either as part of this Post-Effective Amendment or as prospectuses or prospectus supplements pursuant to Rule 424. These documents and the documents incorporated by reference in this Post-Effective Amendment pursuant to Item 3 of Part II of this form, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.


PART II
INFORMATION REQUIRED IN THE REGISTRANT’S PROSPECTUS
 
Item 3.
Incorporation of Documents by Reference.
 
The following documents, which have been filed with the Commission by the Company, pursuant to the Securities Act and the Exchange Act, as applicable, are hereby incorporated by reference in, and shall be deemed to be a part of, the Registration Statements:
 

(a)
the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the Commission on March 17, 2025;
 

(b)
the Company’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025, as filed with the Commission on May 12, 2025;
 

(c)
the Company’s Current Reports on Form 8-K, as filed with the Commission on January 21, 2025, May 30, 2025, and July 1, 2025;
 

(d)
the Company’s Current Report on Form 8-K12B, as filed with the Commission on July 3, 2025;


(e)
the Company’s Definitive Proxy Statement, included in the Final Prospectus, for the Annual General Meeting of Shareholders on May 29, 2025 and as filed with the Commission on April 28, 2025; and


(f)
the description of the Company’s common stock, included in the Final Prospectus, as filed with the Commission on April 28, 2025 under the caption “Description of Securities” therein, including any amendment or report filed for the purpose of updating such description.
 
All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be made a part hereof from the respective dates of filing such documents. The Company is not incorporating by reference any information furnished (but not filed) under Item 2.02 or Item 7.01 of any its Current Reports on Form 8-K.
 
Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Amendment to the extent that a statement contained herein or in any subsequently filed document that also is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Amendment to the Registration Statements.
 
Item 4.
Description of Securities.
 
See the description of the Company’s Class A common stock included in the Final Prospectus under the caption “Description of Securities” therein.
 
Item 5.
Interests of Named Experts and Counsel.
 
Not applicable.


Item 6.
Indemnification of Directors and Officers.
 
Section 102(b)(7) of the DGCL allows a corporation to provide in its certificate of incorporation that a director or officer of the corporation will not be personally liable to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director or officer, except (1) for any breach of the director’s or officer’s duty of loyalty to the corporation or its stockholders, (2) for acts or omissions by a director or officer not in good faith or which involve intentional misconduct or a knowing violation of law, (3) for payments of unlawful dividends or unlawful stock repurchases or redemptions made under a director’s administration , (4) for any transaction from which the director or officer derived an improper personal benefit or (5) an officer in any action by or in the right of the corporation.
 
Section 145(a) of the DGCL provides, in general, that a corporation may indemnify any person who was or is a party to or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation), because he or she is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by the person in connection with such action, suit or proceeding, if he or she acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe his or her conduct was unlawful.
 
Section 145(b) of the DGCL provides, in general, that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor because the person is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys’ fees) actually and reasonably incurred by the person in connection with the defense or settlement of such action or suit if he or she acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the corporation, except that no indemnification will be made with respect to any claim, issue or matter as to which he or she will have been adjudged to be liable to the corporation unless and only to the extent that the Court of Chancery or other adjudicating court determines that, despite the adjudication of liability but in view of all of the circumstances of the case, he or she is fairly and reasonably entitled to indemnity for such expenses that the Court of Chancery or other adjudicating court will deem proper.
 
Section 145(g) of the DGCL provides, in general, that a corporation may purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against any liability asserted against such person and incurred by such person in any such capacity, or arising out of his or her status as such, whether or not the corporation would have the power to indemnify the person against such liability under Section 145 of the DGCL.
 
Our certificate of incorporation provides that no director or officer shall be personally liable to the Company or its stockholders for monetary damages for breach of fiduciary duty as a director or officer except to the extent that such exemption from liability or limitation thereof is not permitted under the DGCL as currently in effect or as the same may be amended. This provision in the certificate of incorporation does not eliminate the directors’ or officers’ fiduciary duties and, in appropriate circumstances, equitable remedies such as injunctive or other forms of non-monetary relief will remain available under Delaware law. In addition, such provision does not eliminate or limit the liability of (1) a director or officer for any breach of the director’s or officer’s duty of loyalty to the Company or its stockholders, (2) a director or officer for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (3) a director under Section 174 of the DGCL, (4) a director or officer for any transaction from which the director or officer derived an improper personal benefit, or (5) an officer in any action by or in the right of the Company. The provision also does not affect a director’s or officer’s responsibilities under any other law, such as the federal securities laws or state or federal environmental laws.


The Company’s by-laws also provide that the Company shall indemnify its directors and officers to the fullest extent not prohibited by law, except that the Company shall not be required to indemnify any director or officer in connection with any proceeding (or part thereof) initiated by such person unless (1) such indemnification is expressly required by law, (2) the proceeding was authorized by the board of directors of the Company, (3) such indemnification is provided by the Company, in its sole discretion, pursuant to the powers vested in the Company under the DGCL or any other applicable law or (4) such indemnification is otherwise required to be made pursuant to the by-laws. For purposes of the indemnification described in this paragraph, references to the Company include ProKidney Cayman prior to the domestication and continuation of its existence under Delaware law as ProKidney Corp. The Company will remain obligated on any indemnification obligations of ProKidney Cayman arising prior to the Domestication.
 
We maintain directors’ and officers’ insurance policies that cover our directors and officers.
 
Subject to limitations imposed by Delaware law and the terms therein, the Company has entered into agreements that provide indemnification and advancement of expenses to the directors, officers, certain employees and certain agents of the Company and certain other persons who are or were serving at our request as a director, officer, employee or agent of any other enterprise for all actions, liabilities, losses, damages or expenses incurred or suffered by the indemnified person arising out of such person’s service in such capacity.


Item 7.
Exemption from Registration Claimed.
 
Not applicable.
 
Item 8.
Exhibits.
 
(a) The following exhibits are filed herewith or incorporated herein by reference unless otherwise indicated:

Exhibit No.
Description
   
3.1
Certificate of Incorporation of ProKidney Corp. (incorporated by reference to Exhibit 3.1 of the Company’s Current Report on Form 8-K12B, filed on July 3, 2025 (File No. 001-40560)).
   
3.2
By-laws of ProKidney Corp. (incorporated by reference to Exhibit 3.2 of the Company’s Current Report on Form 8-K12B, filed on July 3, 2025 (File No. 001-40560)).
   
4.1
Form of Stock Certificate for Class A Common Stock (incorporated by reference to Exhibit 4.1 of the Company’s Current Report on Form 8-K12B, filed on July 3, 2025 (File No. 001-40560)).
   
4.2
Form of Stock Certificate for Class B Common Stock (incorporated by reference to Exhibit 4.2 of the Company’s Current Report on Form 8-K12B, filed on July 3, 2025 (File No. 001-40560)).
   
5.1*
Opinion of Akin Gump Strauss Hauer & Feld LLP.
   
10.1†
ProKidney Corp. 2022 Incentive Equity Plan (incorporated by reference to Exhibit 10.11 of the Company’s Current Report on Form 8-K, filed on July 15, 2022 (File No. 001-40560)).
   
10.2†
ProKidney Corp. Employee Stock Purchase Plan (incorporated by reference to Exhibit 10.12 of the Company’s Current Report on Form 8-K, filed on July 15, 2022 (File No. 001-40560)).
   
10.3†
First Amendment to the ProKidney Corp. 2022 Incentive Equity Plan (incorporated by reference to Exhibit 10.5 of the Company's Current Report on Form 8-K12B, filed on July 3, 2025 (File No. 001-40650)).
   
10.4†
First Amendment to the ProKidney Corp. Employee Stock Purchase Plan (incorporated by reference to Exhibit 10.4 of the Company's Current Report on Form 8-K12B, filed on July 3, 2025 (File No. 001-40650)).
   
23.1*
Consent of Ernst & Young LLP.
   
23.2
Consent of Akin Gump Strauss Hauer & Feld LLP (included in Exhibit 5.1).
   
24.1
Power of Attorney (included on signature page to this Amendment).

*
Filed herewith.
Management contract or compensatory plan or arrangement.
 
Item 9.
Undertakings.

(a)
The undersigned registrant hereby undertakes:

(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;

(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and

(iii)
To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;
 

provided, however, that (a)(1)(i) and (a)(1)(ii) of Item 512 of Regulation S-K do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration statement.

(2)
That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b)
The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant’s annual report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(c)
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.


SIGNATURES
 
Pursuant to the requirements of the Securities Act of 1933, the Registrant has duly caused this Post-Effective Amendment No. 1 to the Registration Statements to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Winston-Salem, State of North Carolina, on the 3rd day of July, 2025.

 
PROKIDNEY CORP.
     
 
By:
/s/ Bruce Culleton, M.D.
   
Bruce Culleton, M.D.
   
Chief Executive Officer

POWER OF ATTORNEY

Each person whose signature appears below constitutes and appoints each of Bruce Culleton, M.D. and James Coulston, acting alone or together with another attorney-in-fact, as his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for such person and in his or her name, place and stead, in any and all capacities, to sign any or all further amendments (including post-effective amendments) to this registration statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
 
Pursuant to the requirements of the Act, this Post-Effective Amendment No. 1 to the Registration Statements has been signed by the following persons in the capacities indicated.


Name
 
Title
 
Date
         
/s/ Bruce Culleton, M.D.
 
Chief Executive Officer and Director
 
July 3, 2025
Bruce Culleton, M.D.
 
(Principal Executive Officer)
   
         
/s/ James Coulston
 
 Chief Financial Officer
 
July 3, 2025
James Coulston
 
(Principal Financial and Accounting Officer)
   
         
/s/ Pablo Legorreta
 
 Chairman
 
July 3, 2025
Pablo Legorreta
       
         
/s/ William F. Doyle
 
Director
 
July 3, 2025
William F. Doyle
       
         
/s/ Jennifer Fox
 
Director
 
July 3, 2025
Jennifer Fox
       
         
/s/ José Ignacio Jimenez Santos
 
Director
 
July 3, 2025
José Ignacio Jimenez Santos
       
         
/s/ Alan M. Lotvin, M.D.
 
Director
 
July 3, 2025
Alan M. Lotvin, M.D.
       
         
/s/ Brian J.G. Pereira, M.D.
 
Director
 
July 3, 2025
Brian J.G. Pereira, M.D.
       
         
/s/ Uma Sinha, Ph.D.
 
Director
 
July 3, 2025
Uma Sinha, Ph.D.
       



FAQ

Why did ProKidney (PROK) file a POS AM on July 3, 2025?

The amendment updates the existing S-4 to reflect ProKidney’s completed move from the Cayman Islands to Delaware and formally adopts the filing under the new entity.

Do PROK shareholders need to exchange their certificates after the domestication?

No. Each Cayman ordinary share automatically converted into an equivalent Delaware common share, so holders keep the same proportional interest without action.

Did the PROK ticker symbol or exchange listing change?

Ticker remains “PROK” on Nasdaq Capital Market; only the CUSIP changed to 74291D 104.

Are any new securities being offered in this filing?

No. The POS AM is administrative; it registers no additional shares and involves no capital raise.

Where can investors find the new Delaware charter and by-laws?

They are incorporated by reference as Exhibits 3.1 and 3.2 to the company’s Form 12B filed on July 3, 2025.

Does the redomestication impact ProKidney’s management or operations?

No. Business operations, assets, liabilities and the full board/executive team remain unchanged.
ProKidney

NASDAQ:PROK

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93.64M
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9.33%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
WINSTON-SALEM