share_log

Tracon Pharmaceuticals | POS AM: Post-effective amendment to a registration statement that is not immediately effective upon filing

SEC ·  Nov 1 04:31

Summary by Futu AI

Tracon Pharmaceuticals, Inc., a biopharmaceutical company, has filed Post-Effective Amendment No. 1 with the U.S. Securities and Exchange Commission (SEC) on October 31, 2024, to deregister unsold securities under four previous registration statements. The affected registration statements include those filed on May 10, 2018, September 4, 2020, March 16, 2022, and March 16, 2023, which collectively registered shares for resale by selling stockholders and for sale up to $150 million in common stock. The deregistration follows the company's board of directors' approval of a plan of dissolution on July 30, 2024, subject to stockholder approval, leading to the decision to terminate the offerings of the securities and remove any unsold securities from registration. The share numbers have been adjusted to reflect two reverse stock splits, one on November 7, 2019, and another on April 10, 2024. The company's President and Chief Executive Officer, Craig R. Jalbert, signed the amendment, which effectively ends the availability of these securities for public sale.
Tracon Pharmaceuticals, Inc., a biopharmaceutical company, has filed Post-Effective Amendment No. 1 with the U.S. Securities and Exchange Commission (SEC) on October 31, 2024, to deregister unsold securities under four previous registration statements. The affected registration statements include those filed on May 10, 2018, September 4, 2020, March 16, 2022, and March 16, 2023, which collectively registered shares for resale by selling stockholders and for sale up to $150 million in common stock. The deregistration follows the company's board of directors' approval of a plan of dissolution on July 30, 2024, subject to stockholder approval, leading to the decision to terminate the offerings of the securities and remove any unsold securities from registration. The share numbers have been adjusted to reflect two reverse stock splits, one on November 7, 2019, and another on April 10, 2024. The company's President and Chief Executive Officer, Craig R. Jalbert, signed the amendment, which effectively ends the availability of these securities for public sale.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.