M&A
confidence high
sentiment neutral
materiality 0.50
ARS Pharma files merger financials: 2021 revenue $5.5M, net loss $20.2M
ARS Pharmaceuticals, Inc.
- Audited 2021 revenue $5.5M vs $17.8M in 2020; net loss $20.2M vs $1.1M.
- Cash $60.1M at Dec 31, 2021; accumulated deficit $42.3M; expects continued losses.
- Product candidate ARS-1 (Neffy) for needle-free epinephrine in anaphylaxis.
- Merger with Silverback closed Nov 2022; this amendment provides previously missing financials.
- Pro forma combined financials filed as Exhibit 99.3; shows combined entity post-merger.