Pulmatrix, Inc. (PULM)
NCM · Common · CUSIP 74584P202
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Security Profile

Security Type
Common Stock
CUSIP
74584P202 (prev. 74584P103 )
Market Cap
Micro Cap
IPO
3/21/2014 · $7.25/unit
Previous Symbol
RTGN (changed 6/16/2015)
Previous Name
Ruthigen, Inc.
Business: Pulmatrix, Inc. is a clinical stage biopharmaceutical company developing innovative inhaled therapies to address serious pulmonary disease. The Company’s proprietary product pipeline is focused on advancing treatments for rare diseases, including PUR1900, an inhaled anti-fungal for patients with cystic fibrosis. In addition, Pulmatrix is pursuing opportunities in major pulmonary diseases through collaboration with partners, including PUR0200, a branded generic in clinical development for chronic obstructive pulmonary disease.
Notes: February, 5 2019 -- Pulmatrix, Inc. (PULM) has announced a 1-for-10 reverse stock split. As a result of the reverse stock split, each PULM Common Share will be converted into the right to receive 0.10 (New) Pulmatrix, Inc. Common Shares. The reverse stock split will become effective before the market open on February 6, 2019. <p> June 15, 2015 -- The reverse merger between Ruthigen, Inc. and Pulmatrix, Inc. is expected to close today, June 15, 2015. Ruthigen, Inc. (RTGN) will undergo a one for two and a half (1-2.5) reverse split of its common stock as well as a name, symbol, and CUSIP change effective June 16, 2015. </p> March 16, 2015 - Ruthigen, Inc. (NASDAQ: RTGN) and Pulmatrix, Inc., a Lexington, Massachusetts based clinical stage biotechnology company, announced today that they have entered into a definitive merger agreement. Upon satisfaction of the closing conditions contained in the merger agreement, Pulmatrix will become a wholly-owned subsidiary of Ruthigen and all of Pulmatrix’s debt and equity securities outstanding prior to the consummation of the merger will be exchanged for shares of Ruthigen common stock that will represent approximately 81% of the outstanding common stock of Ruthigen. Upon completion of the merger, Ruthigen will be renamed Pulmatrix, Inc. and, pending NASDAQ approval of Pulmatrix’s initial listing application in connection with the merger, the surviving company’s common stock will continue to trade on The NASDAQ Capital Market after the merger. It is anticipated that the combined company will focus its resources and efforts on the development of Pulmatrix’s next-generation inhaled therapeutic products.

Company Contact

CEO
Peter Ludlum
CFO
Peter Ludlum
Headquarters
36 Crosby Drive, Suite 100, Bedford, MA 01730
Phone
781-357-2333 · Toll-Free 888-355-4440
Investor Relations
Timothy McCarthy, LifeSci Advisors · tim@lifesciadvisors.com
General Email
info@pulmatrix.com
SEC EDGAR Filings
View filings »