{"id":1727,"date":"2015-02-19T16:43:23","date_gmt":"2015-02-19T16:43:23","guid":{"rendered":"https:\/\/palladiumcapital.com\/?p=1727"},"modified":"2015-03-16T16:04:42","modified_gmt":"2015-03-16T16:04:42","slug":"palladium-capital-advisors-completes-4500000-bridge-financing-for-pulmatrix-inc","status":"publish","type":"post","link":"https:\/\/www.palladiumcapital.com\/palladium-capital-advisors-completes-4500000-bridge-financing-for-pulmatrix-inc\/","title":{"rendered":"Palladium Capital Advisors Completes $4,500,000 Bridge Financing for Pulmatrix, Inc."},"content":{"rendered":"<p><a href=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2015\/03\/Pulmatrix-Tombstone-2015-4.5M-Bridge.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignright wp-image-1728 size-medium\" src=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2015\/03\/Pulmatrix-Tombstone-2015-4.5M-Bridge-263x300.jpg\" alt=\"Pulmatrix Tombstone (2015 - $4.5M Bridge)\" width=\"263\" height=\"300\" srcset=\"https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2015\/03\/Pulmatrix-Tombstone-2015-4.5M-Bridge-263x300.jpg 263w, https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2015\/03\/Pulmatrix-Tombstone-2015-4.5M-Bridge.jpg 570w\" sizes=\"(max-width: 263px) 100vw, 263px\" \/><\/a><\/p>\n<p>NEW YORK, NY \u2013 Palladium Capital Advisors, LLC today announced that it acted as sole\u00a0placement agent for Pulmatrix, Inc. in its $4,500,000 private bridge-financing offering. Details to follow.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>UPDATE:\u00a0<\/strong><\/p>\n<p>On March 13, 2015, Ruthigen, Inc. (NASDAQ:RTGN) announced that it had entered into a material definitive agreement to merge with Pulmatrix.<\/p>\n<p>&nbsp;<\/p>\n<p>Palladium Capital Advisors, LLC is serving as the placement agent and financial advisor to Pulmatrix.<\/p>\n<p>&nbsp;<\/p>\n<p>Immediately after the consummation of the Merger, the Company has agreed to assume Pulmatrix&#8217;s outstanding bridge loan in the principal amount of $4,500,000 which shall be converted, together with any accrued but unpaid interest, into shares of common stock of the Company at $2.75 per share.<\/p>\n<p>&nbsp;<\/p>\n<p>For more information please see their full Form 8-K filing here:\u00a0<a href=\"http:\/\/biz.yahoo.com\/e\/150313\/rtgn8-k.html\">http:\/\/biz.yahoo.com\/e\/150313\/rtgn8-k.html<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, NY \u2013 Palladium Capital Advisors, LLC today announced that it acted as sole\u00a0placement agent for Pulmatrix, Inc. in its $4,500,000 private bridge-financing offering. Details to follow. &nbsp; UPDATE:\u00a0 On March 13, 2015, Ruthigen, Inc. (NASDAQ:RTGN) announced that it had entered into a material definitive agreement to merge with Pulmatrix. &nbsp; Palladium Capital Advisors, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/1727"}],"collection":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/comments?post=1727"}],"version-history":[{"count":0,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/1727\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/media?parent=1727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/categories?post=1727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/tags?post=1727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}