Lineage Cell Therapeutics Inc (LCTX)

[bobby2loaves]

Jobu77: The "Record Date" that Biotime is talking about is not what you think. It's some SEC requirement that dictates the day Biotime has to start tracking ownership of the stock. But the way to actually be eligible for the AGE spinoff is to simply be holding BTX shares on the day of the spinoff. From Biotime's press release on 8/2/18:

"BioTime shareholders as of the record date will be entitled to receive one share of AgeX common stock for every 10 shares of BioTime common stock held. BioTime shares traded after July 30, 2018, one day before the record date, and on or before the date of the distribution will trade with a “due bill.” Trading with a “due bill” means that if shares of BioTime common stock are sold after July 30, 2018, but on or before the date of the distribution, the right to receive shares of AgeX common stock in this distribution will transfer to the buyer of BioTime shares."

Bottom Line: To answer your question, yes, you will get 1 AGE spinoff share for every 10 BTX shares you recently purchased.