Fulcrum Therapeutics and Slate Medicines sign merger agreement
Fulcrum Therapeutics and Slate Medicines signed a definitive all-stock merger backed by a $245m private placement. The combined company, operating as Slate Medicines, will trade on Nasdaq under the SLTE ticker, with Fulcrum holders owning about 5% and Slate holders plus financing investors 95%. The plan funds migraine programs including SLTE-1009 and SLTE-2100, targeting completion in Q4 2026 after approvals.