POLYRIZON ADOPTS LIMITED DURATION SHAREHOLDER RIGHTS PLAN
Key Highlights
- ➤Polyrizon (PLRZ) adopts a 364-day shareholder rights plan effective November 9, 2026
- ➤Rights generally activate if an unapproved holder acquires 10% or more of shares
- ➤Rights holders may purchase one ordinary share for $0.001, excluding the acquiring group
- ➤Shareholders will vote on ratification at the next general meeting
- ➤Plan was not adopted in response to a specific takeover threat
Expert Statements
Izraeli, Polyrizon executive
“Unfortunately, Polyrizon, like many other development-stage biotech companies, continues to experience a significant and ongoing dislocation in the trading price of its ordinary shares. The adoption of the Rights Plan is intended to protect the long-term interests of Polyrizon and all of our shareholders and enable them to realize the full potential value of their investment in the Company. The Rights Plan is designed to reduce the likelihood that any entity, person or group would gain control of, or significant influence over Polyrizon, through the open-market accumulation of the Company’s shares without appropriately compensating all Polyrizon shareholders for control”
TEL AVIV, Israel, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Polyrizon Ltd. (Nasdaq: PLRZ) (the "Company" or "Polyrizon"), a development-stage biotech company specializing in the development of innovative intranasal hydrogels, announced today that its Board of Directors (the “Board”) has unanimously adopted a limited duration shareholder rights plan (the "Rights Plan"), effective immediately.
“Unfortunately, Polyrizon, like many other development-stage biotech companies, continues to experience a significant and ongoing dislocation in the trading price of its ordinary shares. The adoption of the Rights Plan is intended to protect the long-term interests of Polyrizon and all of our shareholders and enable them to realize the full potential value of their investment in the Company. The Rights Plan is designed to reduce the likelihood that any entity, person or group would gain control of, or significant influence over Polyrizon, through the open-market accumulation of the Company’s shares without appropriately compensating all Polyrizon shareholders for control,” concluded Mr. Izraeli.
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