Bellerophon Offers Series A Stock in Private Sale

Bellerophon (BLPH) has released an update to notify the public and investors about the unregistered sales of equity securities.

The disclosure outlined pertains to the offering and sale of Series A Preferred Stock, which was exempt from registration under the Securities Act of 1933 due to representations made by the Subscriber in the Subscription Agreement, as detailed in a prior section of the report.

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For a comprehensive understanding of the announcement, you can read the full document here.