ARTICLE | Financial News
Ritter amends follow-on
July 21, 2017 6:48 PM UTC
On July 17, gastrointestinal disease company Ritter Pharmaceuticals Inc. (NASDAQ:RTTR) amended its follow-on and now plans to raise up to $11.5 million through the sale of class A and class B units. The class A units comprise a common share and three-year warrants to purchase 0.5 shares.
Investors whose purchase of class A units would result in exceeding the initial beneficial ownership limitation may purchase class B units, comprising a share of series A and warrants. ...
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