“Ritter Pharmaceuticals, Inc. and Qualigen, Inc. Announce Merger Agreement”
January 24, 2020
“Upon completion of the merger, the Company will change its name to Qualigen, Inc., or a similar name selected by Qualigen…
…the pre-merger Ritter Pharmaceuticals stockholders will own approximately 7.5% of the post-merger combined company and the pre-merger Qualigen stockholders will own approximately 92.5% of the post-merger combined company on a fully-diluted basis…
The merger is expected to close in the second quarter of 2020, subject to the approval of the stockholders of each company, as well as other closing conditions…”
https://finance.yahoo.com/news/ritter-pharmaceuticals-inc-qualigen-inc-141510010.html
I’m going to be following this stock. This is the first time I’ve seen this type of thing happen since I’ve entered the stock market. I’m curious as to how this stock will react before and after the merger.
One comment on ““Ritter Pharmaceuticals, Inc. and Qualigen, Inc. Announce Merger Agreement””
admin
January 24, 2020 at 3:09 pmI forgot to add this is a reverse merger that’s taking place. That’s important information to know.