UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) December 11, 2017
PROCESSA PHARMACEUTICALS, INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware | 333-184948 | 45-1539785 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
7380 Coca Cola Drive, Suite 106,
Hanover, Maryland 21076
(Address of Principal Executive Offices)
(443) 776-3133
(Registrants Telephone Number, Including Area Code)
___________
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Item 8.01
Other Items
Reverse Stock Split, Name Change, Trading Symbol Change, CUSIP
On December 11, 2017, Processa Pharmaceuticals, Inc. (the Company) announced that the Financial Industry Regulatory Association (FINRA) confirmed the below listed corporate actions requested by the Company:
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1-7 Reverse Split
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New Name: Processa Pharmaceuticals, Inc. (formerly Heatwurx, Inc.)
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New CUSIP: 74275C106
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Daily List Announcement Date: 12/7/2017
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Market Effective Date: 12/8/2017
Following the reverse split there are approximately 35,272,557 shares of the Companys common stock issued and outstanding. Following the reverse split effective date, a letter "D" will be placed on the Company's trading symbol for 20 business days. The new symbol will be "PCSAD". The letter "D" will be removed in 20 business days and the trading symbol will revert back to "PCSA".
The Company also announced launch of its website http://www.processapharma.com to assist individuals in following the Company's mission and products in development.
A copy of the press release entitled Processa Pharmaceuticals Announces Reverse Stock Split and Launches New Website is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01
Financial Statements and Exhibits.
Exhibit No. | Description |
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Press release issued December 11, 2017 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PROCESSA PHARMACEUTICALS, INC. |
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Date: December 15, 2017 | By /s/ David Young |
| David Young Chief Executive Officer |
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