Tuesday, September 15, 2020

Equity Corporate Actions Alert #2020 - 164
Information Regarding the Business Combination of resTORbio, Inc. (TORC) and Adicet Bio, Inc.


  • Industry Announcement

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The business combination of resTORbio, Inc. (TORC) and Adicet Bio, Inc. became effective today, September 15, 2020. As a result, the common stock of resTORbio, Inc. will undergo a one-for-seven (1-7) reverse stock split along with a change of corporate name, symbol, and CUSIP number. In conjunction with these changes, the common stock will have a market tier change to the Nasdaq Global Market.

The details regarding the corporate name, symbol, and CUSIP changes are as follows:

Current Company Name/Issue: resTORbio, Inc. Common Stock
New Company Name/Issue: Adicet Bio, Inc. Common Stock
Current CUSIP: 76133L103
New CUSIP: 007002108
Current Symbol: TORC
New Symbol: ACET
Ratio of Reverse Split: 1 for 7
Marketplace Effective Date: September 16, 2020

If you would like to register as a market maker in ACET, contact Nasdaq Trading Services at +1 212 231 5100.

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