Shares of Aditxt, Inc. (NASDAQ: ADTX) remained under pressure as recent regulatory filings showed significant trading activity by HRT Financial LP.
Aditxt shares closed at $0.0127 on June 12, down 2.31% for the session. Trading activity remained exceptionally elevated, with volume reaching approximately 1.2 billion shares compared with the stock’s average daily volume of about 25 million shares.
According to recent filings, HRT Financial LP engaged in a series of purchases and sales during June before ultimately eliminating its position in the company.
On June 8, HRT Financial purchased approximately 1.42 million shares at an average price of $0.05 per share, representing a transaction valued at roughly $69,751. Two days later, on June 10, the firm acquired an additional 725,330 shares at approximately $0.02 per share.
However, the firm also executed substantial sales during the same period. On June 9, HRT Financial sold 878,659 shares at approximately $0.03 per share. The selling activity accelerated on June 11, when the firm disposed of approximately 2.83 million shares at an average price of $0.01 per share.
Following the June 11 transaction, HRT Financial reported ownership of zero shares, indicating a complete exit from its position in Aditxt.
The trading activity comes as Aditxt recently announced a strategic transaction involving its wholly owned subsidiary, Ignite Proteomics.
Earlier this month, Aditxt disclosed that Ignite Proteomics and a strategic counterparty had signed a definitive business combination agreement that values Ignite at an implied equity value of approximately $150 million.
Under the proposed transaction, Ignite is expected to separate from Aditxt and become an independent publicly traded company through a newly formed holding company expected to be named Ignite Proteomics, Inc. Following completion of the deal, the new company is expected to seek a listing on the New York Stock Exchange, subject to regulatory approvals and customary closing conditions.
Aditxt said the transaction is intended to unlock value from its ownership stake in Ignite while allowing Aditxt to continue operating as a separate Nasdaq-listed company.
While the company’s strategic plans have attracted investor attention, recent filings suggest that at least one major shareholder elected to fully exit its position during a period of heightened trading activity and significant stock volatility.
Investors will likely continue monitoring both the progress of the proposed Ignite transaction and any additional ownership disclosures as Aditxt moves forward with its corporate restructuring plans.
