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Fulcrum Therapeutics, Inc.
Fulcrum Therapeutics has entered into a definitive merger agreement with Slate Medicines, with the combined company to be renamed Slate Medicines, Inc. and trade on Nasdaq under the ticker 'SLTE'. In connection with the merger, Slate will raise approximately $245 million in a concurrent investment, and pre-merger Fulcrum stockholders are expected to own approximately 5.0% of the combined entity.…more
Fulcrum Therapeutics, Inc.
Fulcrum Therapeutics has finalized a merger agreement with Slate Medicines and will pay a pre-closing special cash dividend of approximately $270 million to its shareholders. Upon completion of the merger, the company will be renamed Slate Medicines, Inc. and is expected to trade on Nasdaq under the ticker symbol SLTE. Fulcrum will also hold a special meeting of stockholders to approve a reverse stock split and the issuance of new shares.…more
Fulcrum Therapeutics, Inc.
Fulcrum Therapeutics insider Greg Tourangeau has filed SEC Form 144 to report a proposed sale of company securities. This filing formalizes the insider's plan to dispose of their holdings, indicating that a stock sale is scheduled to occur.…more
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Fulcrum Therapeutics to Merge with Slate Medicines and Raise $245M
Fulcrum Therapeutics will merge with migraine-focused biotech Slate Medicines, securing $245 million in private placement financing to fund operations through 2029. The combined entity will operate as Slate Medicines and prioritize the advancement of its clinical-stage migraine therapy pipeline.…more