Friday, May 22, 2020

Equity Corporate Actions Alert #2020 - 92
Information Regarding the Business Combination of Ritter Pharmaceuticals, Inc. (RTTR) and Qualigen, Inc.


  • Industry Announcement

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The business combination of Ritter Pharmaceuticals, Inc. (RTTR) and Qualigen, Inc. will be completed today, Friday, May 22, 2020. As a result, the common stock of Ritter Pharmaceuticals, Inc. will undergo a one-for-twenty-five (1-25) reverse stock split along with a name, symbol, and CUSIP change. RTTR stockholders will also receive one non-transferable contingent value right (“CVR”) for each share of RTTR common stock held immediately prior to the merger closing, payable upon surrender. The combined company will be named Qualigen Therapeutics, Inc. (QLGN).

The details of the name, symbol, and CUSIP changes are follows:

Current Company Name: Ritter Pharmaceuticals, Inc.
New Company Name: Qualigen Therapeutics, Inc.
Issue: Common Stock
Current CUSIP: 767836307
New CUSIP: 74754R103
Current Symbol: RTTR
New Symbol: QLGN
Ratio of Reverse Split: 1 for 25
Marketplace Effective Date: May 26, 2020

If you would like to register as a market maker in QLGN, contact Nasdaq Trading Services at +1 212 231 5100.

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