ARTICLE | Company News
Tonix Pharmaceuticals Inc., Tamandare Explorations Inc. deal
October 24, 2011 7:00 AM UTC
Tonix reverse-merged with shell company Tamandare. The combined company changed its name to Tonix Pharmaceuticals Holding Corp. and began trading under the ticker “TNXP.” Tonix shareholders exchanged all of their shares for 22.7 million new shares of Tamandare, representing an 85% stake. Existing Tamandare shareholders own the remaining 15%. ...