Trinity Biotech (NASDAQ: TRIB) ends $25M standby share deal
Rhea-AI Filing Summary
TRINITY BIOTECH PLC (TRIB) is filing Post-Effective Amendment No. 2 to its Form F-1 registration statement originally covering 705,659,320 Class A ordinary shares, which were previously represented by 35,282,966 ADSs at a ratio of one ADS to 20 ordinary shares.
Effective July 24, 2026, the ADS ratio changed to one ADS representing 600 ordinary shares, resulting in these registered shares being represented by 1,176,099 ADSs. Under a February 24, 2026 Standby Equity Purchase Agreement, the company could sell ADSs to YA II PN, LTD. for up to $25 million, but this agreement was terminated effective July 7, 2026. Following this termination, the company is removing from registration 675,048,580 ordinary shares, represented by 1,125,081 ADSs, that remained registered but unsold.
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Key Figures
Key Terms
Post-Effective Amendment regulatory
Standby Equity Purchase Agreement financial
reverse ADS split financial
Offering Details
FAQ
What is TRIB changing with this Post-Effective Amendment No. 2 to Form F-1?
What ADS ratio change did TRIB implement on July 24, 2026?
What was the size of TRIB’s Standby Equity Purchase Agreement with YA II PN, LTD.?
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