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ASX ANNOUNCEMENT 28 July 2023 Shareholder communication on the De-listing process Bionomics Limited (ASX: BNO, Nasdaq: BNOX), (“Bionomics” or the “Company”), a clinical-stage biopharmaceutical

Key Takeaway: Bionomics Limited has communicated to shareholders regarding its upcoming voluntary de-listing from the ASX. This process follows a previous announcement and includes information about options available to shareholders, as well as an ADS Conversion Facility Election Form. Despite this, Bionomics is continuing its development of therapeutics for serious central nervous system disorders, including its lead candidate BNC210, and maintains a partnership with Merck & Co. for further advancements in the pipeline.

Market Sentiment Analysis

POSITIVE FACTORS

  • Bionomics is developing novel drugs aimed at CNS disorders.
  • The company is advancing its lead drug candidate BNC210 for serious conditions like SAD and PTSD.
  • Bionomics has a strategic partnership with Merck & Co. to develop treatments for Alzheimer's disease.

CONCERNS & RISKS

  • The announcement of voluntary delisting may concern shareholders.
  • Shareholders are being informed about the de-listing process, indicating potential instability.

Full Press Release Details

Shareholder communication on the De-listing process
Bionomics Limited (ASX: BNO, Nasdaq: BNOX), ( Bionomics or the Company ), a clinical-stage biopharmaceutical company developing novel, allosteric ion channel modulators designed to transform the lives of patients suffering from serious central nervous system ( CNS ) disorders with high unmet medical need, refers to its Announcement released to the ASX on 25 July 2023 titled Bionomics announces voluntary delisting .
In accordance with ASX Listing Rules 3.17, please find attached the copies of the following documents being sent to Shareholders today:
-a letter giving information about the de-listing process and the options available to Shareholders, and
-an ADS Conversion Facility Election Form.
Released on authority of the Company Secretary.
FOR FURTHER INFORMATION PLEASE CONTACT:
About Bionomics Limited
Bionomics (ASX:BNO, NASDAQ:BNOX) is a clinical-stage biopharmaceutical company developing novel, allosteric ion channel modulators designed to transform the lives of patients suffering from serious CNS disorders with high unmet medical need. Bionomics is advancing its lead drug candidate, BNC210, an oral, proprietary, selective negative allosteric modulator of the 7 nicotinic acetylcholine receptor, for the acute treatment of Social Anxiety Disorder (SAD) and chronic treatment of Post-Traumatic Stress Disorder (PTSD). Beyond BNC210, Bionomics has a strategic partnership with Merck & Co., Inc. (known as MSD outside the United States and Canada) with two drugs in early-stage clinical trials for the treatment of cognitive deficits in Alzheimer's disease and other central nervous system conditions. Bionomics's pipeline also includes preclinical assets that target Kv3.1/3.2 and Nav1.7/1.8 ion channels being developed for CNS conditions of high unmet need.
Bionomics Limited | 200 Greenhill Road, Eastwood, South Australia, +61 8 8150 7400, ABN: 53 075 582 740

Frequently Asked Questions

What is Bionomics Limited's stock symbol?

Bionomics Limited is traded as ASX: BNO and Nasdaq: BNOX.

What is Bionomics developing?

Bionomics is developing novel, allosteric ion channel modulators.

What is BNC210 used for?

BNC210 is an oral drug for treating Social Anxiety Disorder and PTSD.

Who is Bionomics partnered with for drug development?

Bionomics has a strategic partnership with Merck & Co., Inc.

When was the delisting announcement made?

The delisting announcement was made on 25 July 2023.

Last updated: Jul 28, 2023