Pulmatrix (PULM) and Cullgen Announce Proposed Merger

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Pulmatrix and Cullgen Announce Proposed Merger

November 13, 2024 9:00 AM EST

Merger to create a Nasdaq-listed company focusing on targeted protein degradation technology with
three degrader programs in or about to initiate Phase 1 clinical trials two for the treatment of cancer and
one for the treatment of acute and chronic pain

Combined company expected to have approximately $65 million of cash and cash equivalents at close to
provide funding through multiple clinical milestones and expected runway through 2026

As part of merger agreement, Pulmatrix intends... More