Every Spin-Off
First Tracks Biotherapeutics
TRAXCompletedSpin of First Tracks Bioterapeutics (TRAX)
- Distribution date
- 20 Apr 2026
- Structure
- Spin-off
- Parent
- AnaptysBio (ANAB)
- Spin-off ticker
- TRAX
- 2-year mark
- 20 Apr 2028
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.549 days left
20 Apr 202625%20 Apr 2028
Source documents
- Press releaseAnaptys completes separation of First Tracks Biotherapeutics (04/20/26)
- PresentationNot located
- Information statementInformation statement
Every Spin-Off research
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