M&A - BeiGene, Ltd.

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Form Type: DEFA14A

Filing Date: 2025-03-10

Corporate Action: Merger

Type: New

Accession Number: 000110465925021913

Filing Summary: BeiGene, Ltd. is filing a definitive additional materials proxy statement related to an Extraordinary General Meeting of Shareholders (EGM) scheduled for April 28, 2025. The meeting will focus on three primary resolutions: the approval of the company’s de-registration in the Cayman Islands and continuation in Switzerland, subject to the amendments of the company's articles; the amendment and restatement of the company’s articles to align with Swiss law; and the election of Ernst & Young AG as the statutory auditor for Swiss legal purposes. The Board of Directors recommends shareholders vote in favor of all proposals. Shareholders holding shares as of February 5, 2025, are eligible to attend and vote. Proxy materials have been made available online, and requests for physical copies can be made without charge.

Document Link: View Document

Additional details:

Date Of Meeting: 2025-04-28


Location Of Meeting: 94 Solaris Avenue, Camana Bay, Grand Cayman KY1-1108, Cayman Islands


Cut Off Date For Voting: 2025-02-05


Auditor Name: Ernst & Young AG


Form Type: S-4/A

Filing Date: 2025-02-28

Corporate Action: Merger

Type: Update

Accession Number: 000110465925018532

Filing Summary: BeiGene, Ltd. is seeking to change its jurisdiction of incorporation from the Cayman Islands to Switzerland through a transaction known as a continuation. This transition will be in accordance with the Cayman Companies Act and Swiss law, allowing the company to operate under Swiss regulations upon its registration in the Commercial Register of Basel-Stadt. The change is proposed to better reflect BeiGene's global presence in oncology, enhance its operations, and facilitate growth in research and development. The board unanimously recommends shareholder approval for the continuation and related amendments. A special resolution is proposed at an upcoming Extraordinary General Meeting to approve the de-registration in the Cayman Islands and the continuation in Switzerland. After the continuation, the company's name will change to BeOne Medicines Ltd., reflecting its commitment to cancer treatment and research. This strategic move aims to strengthen BeiGene's position in the biopharmaceutical sector while continuing to operate its American Depositary Shares (ADSs) on Nasdaq and maintain its trading on the Hong Kong Stock Exchange and STAR Market in Shanghai. Shareholders should consider the potential change in rights and governance under Swiss law compared to Cayman law, along with the expected benefits of continued global operations.

Document Link: View Document

Additional details:

Jurisdiction Of Incorporation: Switzerland


Proposed Name Change: BeOne Medicines Ltd.


Stock Exchange Listings: ["Nasdaq","HKEx","STAR Market"]


Record Date: 2025-02-05


Number Of Voting Proposals: 3


Form Type: S-4/A

Filing Date: 2025-01-21

Corporate Action: Merger

Type: Update

Accession Number: 000110465925004885

Filing Summary: BeiGene, Ltd. is proposing a Continuation from the Cayman Islands to Switzerland, which requires shareholder approval at an upcoming Extraordinary General Meeting (EGM). The Continuation will alter the governing law from Cayman to Swiss law and will not interrupt the corporate existence or operations of the Company or its listing. The company intends to enhance its global oncology presence and aims to change its name to 'BeOne Medicines Ltd.' following the Continuation. The document details the rationale, expected impacts, and procedural steps for the EGM, including the necessity for approval of amendments to the Memorandum and Articles of Association and the appointment of Ernst & Young AG as statutory auditors for Swiss purposes.

Document Link: View Document

Additional details:

Registered Address: c/o Mourant Governance Services (Cayman) Limited 94 Solaris Avenue, Camana Bay Grand Cayman Cayman Islands KY1-1108


Ceo Name: John V. Oyler


Number Of Shares: 13


Stock Exchange Listing: Nasdaq


Proposed Name Change: BeOne Medicines Ltd.


Expected Effectiveness: upon registration with the Commercial Register of the Canton of Basel-Stadt, Switzerland


Cayman Deregistration Date: same date as the Continuation


Board Recommendation: unanimously approved


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