Galectin chair Uihlein receives 34,376,167 shares in debt-to-equity conversion
GALT•Uihlein converts notes into common shares
- Galectin chairman Richard E. Uihlein converted $105.8 million of convertible promissory notes into 34,376,167 common shares effective July 31, 2026.
- Uihlein is the company’s largest stockholder; the conversion eliminated all outstanding notes under five line-of-credit facilities.
- Common shares outstanding totaled 100,849,644 as of July 31, 2026.
