Listing Alert
MIAX Options
June 06, 2025 | 09:46 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Nektar Therapeutics (NKTR)
Nektar Therapeutics (NKTR) has announced a reverse stock split effective for Monday, June 9, 2025. On this date, the current NKTR option class will change to NKTR1. The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list NKTR1 options. Therefore, no options on NKTR will be available for trading on Monday, June 9, 2025.
Nektar Therapeutics (NKTR) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Tuesday, June 10, 2025.
All GTC orders resting on the MIAX order books in NKTR will be canceled at the close of business on Friday, June 6, 2025.
Additional details about the Nektar Therapeutics (NKTR) reverse split are provided in the attached OCC Memo.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.