Pulmatrix, Inc. (PULM) Form S-3 — Jun 4, 2026
Pulmatrix, Inc. (PULM) filed an S-3 registration statement to allow the resale of up to 490,910 shares of common stock by RCM Eos PIPE Holdings, LLC. These shares are issuable upon the conversion of 1,000 shares of Series B Convertible Preferred Stock, which were issued in a private placement in March 2026 at a stated value of $1,000 per share and a conversion price of $2.20. The registered shares represent approximately 13% of Pulmatrix’s outstanding common stock, creating significant dilution for existing shareholders.
Key figures
- Dividend Rate
- 8% per annum
- Shares Offered
- 490910
- Conversion Price
- 2.2
- Dilution Percent
- 13
- Last Reported Price
- 1.29
- Shares Outstanding
- 3652285
- Stated Value Per Preferred
- 1000
- Filing Fee
- 91.18
- Preferred Shares Issued
- 1000
- Dividend Shares Included
- 36364
- Conversion Shares Included
- 454546
Price after filing
Close on the filing date to close N calendar days later (from $1.32). Historical, not a forecast.
AI analysis
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