Pulmatrix announces 1-for-10 reverse split, $1m offering

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Pulmatrix

Pulmatrix (NSDQ:PULM) this week announced both a 1-for-10 reverse split of its stock and the closing of an offering which brought in approximately $905,000.

On Tuesday, the Lexington, Mass.-based company said that it initiated a 1-for-10 reverse split of its common stock, putting a single share in the hands of each shareholder for each 10 shares they previously owned.

Read the whole story on our sister site, Drug Delivery Business News

The post Pulmatrix announces 1-for-10 reverse split, $1m offering appeared first on MassDevice.

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