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Security Profile
- Security Type
- Common Stock
- CUSIP
- 517125100 (prev. 98885E103 )
- Market Cap
- Small Cap
- IPO
- 6/18/2014 · $16.00/share
- Previous Symbol
- ZFGN
- Previous Name
- Zafgen, Inc.
Business: Larimar Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing treatments for complex rare diseases. The company’s lead compound, CTI-1601, is currently being evaluated in a Phase 1 clinical program as a potential treatment for Friedreich’s ataxia, a rare and progressive genetic disease.
Notes: May 29, 2020 -- Chondrial Therapeutics, Inc., a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today announced the completion of its reverse merger with Zafgen, Inc. (Nasdaq:ZFGN). The combined, publicly traded clinical-stage biotechnology company will operate under the name Larimar Therapeutics, Inc. and its shares will commence trading on the Nasdaq Global Market on May 29, 2020, under the ticker symbol LRMR. May 28, 2020, prior to the consummation of the merger, Zafgen effected a one-for-twelve reverse stock split. All issued and outstanding shares of common stock of Zafgen were subject to the reverse stock split. No fractional shares will be issued in connection with the reverse stock split. Instead, cash will be paid in lieu of fractional shares. Upon completion of the merger, taking into consideration the reverse stock split, the holder of shares of Chondrial capital stock outstanding immediately prior to the merger received 6,091,250 shares of Zafgen common stock.
Company Contact
- CEO
- Carole Ben-Maimon
- CFO
- Michael Celano
- Headquarters
- Three Bala Plaza East, Suite 506, Bala Cynwyd, PA 19004
- Phone
- 844-511-9056
- Investor Relations
- Joyce Allaire, LifeSci Advisors · 212-915-2569 · jallaire@lifesciadvisors.com