TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Pulmatrix ( (PULM) ) has issued an update.
On June 16, 2025, Pulmatrix held a special meeting where stockholders approved several proposals related to a merger with Cullgen. Key approvals included the issuance of new shares, a reverse stock split, an increase in authorized shares, and the adoption of Cullgen’s stock incentive and employee stock purchase plans. These decisions are expected to significantly impact Pulmatrix’s capital structure and governance, positioning the company for strategic growth and enhanced market competitiveness.
Spark’s Take on PULM Stock
According to Spark, TipRanks’ AI Analyst, PULM is a Neutral.
Pulmatrix’s overall score reflects significant profitability challenges and negative cash flows, despite a strong balance sheet with no debt. Technical indicators suggest moderate upward momentum, yet the negative valuation metrics due to ongoing losses detract from its appeal.
To see Spark’s full report on PULM stock, click here.
More about Pulmatrix
Pulmatrix operates in the biopharmaceutical industry, focusing on developing inhaled therapies for respiratory diseases. The company is known for its innovative drug delivery platform, which aims to address unmet medical needs in respiratory health.
Average Trading Volume: 18,709
Technical Sentiment Signal: Buy
Current Market Cap: $28.52M
For an in-depth examination of PULM stock, go to TipRanks’ Overview page.