Tech Company Inital Public Offerings

Ritter Pharmaceuticals IPO

Ritter Pharmaceuticals was acquired by . Shares became public on 6/25/2015.

Transaction Overview

Announced On
6/25/2015
Transaction Type
IPO
Amount
$20,000,000
Proceeds Purpose
The principal purposes of this offering are to obtain additional capital to support our operations, to create a public market for our common stock and to facilitate our future access to the public equity markets. We intend to use the net proceeds from this offering as follows: approximately $9.4 million to fund the continued clinical development of RP-G28 for the reduction of symptoms associated with lactose intolerance, including our anticipated Phase 2b/3 trial and non-clinical development; approximately $2.5 million to fund expenses associated with the manufacture and product development of RP-G28; approximately $0.5 million to explore potential orphan indications; and approximately $5.0 million for general corporate purposes, general and administrative expenses, capital expenditures, working capital and prosecution and maintenance of our intellectual property.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
1880 Century Park East 1000
Los Angeles, CA 90067
USA
Email Address
Overview
Ritter (NASDAQ: RTTR) is committed to the discovery, development and commercialization of novel therapeutic treatments for gastrointestinal diseases and conditions.
Profile
Ritter Pharmaceuticals LinkedIn Company Profile
Social Media
Ritter Pharmaceuticals Company Twitter Account
Company News
Ritter Pharmaceuticals News
Facebook
Ritter Pharmaceuticals on Facebook
YouTube
Ritter Pharmaceuticals on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andrew Ritter
  Andrew Ritter LinkedIn Profile  Andrew Ritter Twitter Account  Andrew Ritter News  Andrew Ritter on Facebook
VP - Bus. Development
Ira Ritter
  Ira Ritter LinkedIn Profile  Ira Ritter Twitter Account  Ira Ritter News  Ira Ritter on Facebook
VP - Finance
John Beck
  John Beck LinkedIn Profile  John Beck Twitter Account  John Beck News  John Beck on Facebook


 

 

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