Friday, November 09, 2018 9:28:32 AM
Did you find anything on Luminus Holdings?
I couldn't find anything when I was digging around, so can't shed any light on Luminus..
(That's enough silly puns. Ed)
Longfellow95,
It was the first thing I thought about when I saw the name of the holding company (Luminus Holdings)
No, I could not find anything about it. Only this:
During the six months ended June 30, 2018, to complete a series of funding provided for in the Company’s joint development agreement dated September 3, 2016, the Company received $900,000 in cash from Luminus in exchange for 400,000 shares of the Company’s common stock. Luminus is owned by a significant shareholder of the Company.
Same date here:
Short-term debt – related party
On May 9, 2016, the Company received cash proceeds of $350,000 from the issuance of a convertible note to Novamune that matured on August 1, 2016, with a conversion rate of $1.50 per share, and an annual interest rate of 8%. On September 3, 2016, the maturity date was extended to March 3, 2017. During the six months ended June 30, 2017, the convertible note was converted into 233,345 shares of common stock of the Company. Novamune is owned by a significant shareholder of the Company.
https://www.nasdaq.com/markets/ipos/filing.ashx?filingid=12943861#INMUNE_EX106_HTM
I believe she still had a French company. It was mentioned on a patent somewhere if I am not mistaken. I thought it had a different name, but perhaps a change of name has happened in the meantime.
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