Common and Preferred Stock |
3 Months Ended |
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Mar. 31, 2025 | |
Equity [Abstract] | |
Common and Preferred Stock | 12. Common and Preferred Stock
The Company’s CHESS Depositary Interests (“CDIs”) are quoted on the ASX under the ticker code, “AVH.” The Company’s shares of Common stock are quoted on Nasdaq under the ticker code, “RCEL.” One share of Common Stock on Nasdaq is equivalent to five CDIs on the ASX.
The Company is authorized to issue 200,000,000 shares of Common stock, par value $0.0001 per share, and 10,000,000 shares of preferred stock, par value $0.0001 per share, issuable in one or more series as designated by the Company’s board of directors. No other class of capital stock is authorized. As of March 31, 2025 and December 31, 2024, 26,434,658 and 26,354,042 shares of Common stock, respectively, were issued and outstanding and no shares of Preferred stock were outstanding during any period. Common stock held in the rabbi trust is classified in a manner similar to treasury stock and presented separately on the Consolidated Balance Sheets as Common stock held by the NQDC Plan. As of March 31, 2025 and December 31, 2024, a total of 126,506 and 244,218 shares awards have been deferred, respectively. Vested shares are converted to Common stock and are reclassified to permanent equity. |