Petros Pharmaceuticals assigns all assets to PT liquidation for benefit of creditors
PTPI•Petros Pharmaceuticals assigned all its assets to PT Liquidation for the benefit of creditors and ceased substantially all business operations, a filing said.
1. Asset assignment
Petros Pharmaceuticals assigned all its assets to PT Liquidation for the benefit of creditors and ceased substantially all business operations, according to a filing. The filing said all outstanding obligations may be immediately due and the Series A convertible preferred stock is to be redeemed.
