Pawfect Foods Announces Acquisition of Synergy Pharmaceuticals and $3.0 Million Financing...

Monday July 21, 11:19 am ET Files Charter Amendment to Split Stock and Change Corporate Name NEW YORK--(BUSINESS WIRE)--Pawfect Foods, Inc., a Florida corporation (PWFF.OB) announced today that it acquired Synergy Pharmaceuticals, Inc. in exchange for shares of its common stock issued to Callisto Pharmaceuticals, Inc. (Pink Sheets: CLSP; FWB: CA4) and completed a $3.0 million private placement. The company also cancelled 1,981,503.650 of 2,000,000 outstanding shares of Pawfect common stock surrendered by a principal stockholder as a condition of the exchange and financing, approved a 75.69060773 for one forward stock split and changed its corporate name to “Synergy Pharmaceuticals, Inc.” The stock split and name change are expected to be effective within 10 days, As a result of the financing, exchange of shares, and the stock... [read full story]