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Jul 20, 2026Partnership

Damora Therapeutics completes move from Delaware to Cayman Islands

The redomestication took effect July 16, 2026, with shares set to trade under a new CUSIP starting July 20, but the company said its operations remain unchanged.

Damora Therapeutics, Inc. (NASDAQ: DMRA) announced on July 17, 2026 that it had completed its redomestication from Delaware to the Cayman Islands, a change effective July 16, 2026, as disclosed in a press release from the company describing itself as focused on care for patients with blood disorders.1

Under the conversion, each share of the Delaware company's common stock became one Cayman ordinary share at $0.00001 par value, and each share of preferred stock converted into a corresponding series of Cayman preferred shares.1 The move followed a shareholder vote: the board had already approved the redomestication, and stockholders ratified it at a special meeting held February 9, 2026.1

Trading logistics shift slightly. Beginning July 20, 2026, Damora's ordinary shares will carry a new CUSIP, G2646Y104, while continuing to trade on Nasdaq under the same ticker, "DMRA."1 The company said the redomestication itself does not change its underlying business, management team, obligations, assets, or liabilities.1

Separately, the 8-K disclosed that on July 16, 2026, Damora entered into new indemnification agreements with its directors and executive officers, replacing prior agreements.1 These agreements set terms for indemnification and expense advancement tied to the officers' and directors' service to the company or affiliated entities.1

The filing also detailed procedural steps behind the conversion, including the filing of a Certificate of Conversion with Delaware's Secretary of State effective 4:45 p.m. Eastern time on July 16, 2026, alongside the filing of Cayman Islands memorandum and articles of association effective the same date.1 Damora also filed certificates of designation in the Cayman Islands for its Series A, B, and C Non-Voting Convertible Preferred Shares, each effective July 16, 2026.1

Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.