other_material
confidence high
sentiment neutral
materiality 0.75
Pelthos (PTHS) files LNHC unaudited financials and pro forma data post-merger closed July 1, 2025
Pelthos Therapeutics Inc.
- Merger closed July 1, 2025; issued ~31,278 Series A Preferred shares to Ligand; PIPE raised ~$50.1M gross.
- LNHC unaudited balance sheets as of June 30, 2025 and 2024; pro forma financial info provided for combined entity.
- ZELSUVMI (berdazimer gel) FDA approved Jan 2024 for molluscum contagiosum; 13% royalty to Ligand on worldwide sales.
- Nomis RoyaltyVest receives 1.5% royalty on ZELSUVMI net sales; additional royalty agreements with Ligand and Madison.
- Company holds exclusive license from Ligand for ZELSUVMI ex-Japan; 19,265 sq ft facility in Durham, NC.
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