Leading Independent Proxy Advisory Firms Recommend Ritter Pharmaceuticals Shareholders Vote in Favor of its Merger and Each of the Merger Proposals
RITTER PHARMACEUTICALS (RTTR)
Last ritter pharmaceuticals earnings: 8/14 05:11 pm
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US:NASDAQ Investor Relations:
ritterpharmaceuticals.com/investors
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Source: GlobeNewswire
LOS ANGELES, May 06, 2020 (GLOBE NEWSWIRE) -- Ritter Pharmaceuticals, Inc. (Nasdaq: RTTR) (“Ritter Pharmaceuticals” or the “Company”), today announced that Institutional Shareholder Services Inc. (ISS) and Glass Lewis, two leading independent research and proxy advisory firms that provide institutional investors with voting assessment and recommendations based on evaluating governance, business, legal, political and accounting risks at public companies, have recommended that Ritter Pharmaceuticals stockholders vote “FOR” the Company’s proposed merger with Qualigen, Inc. (“Qualigen”) and each of the merger proposals to be considered at Ritter Pharmaceuticals’ upcoming special meeting of stockholders scheduled for May 14, 2020. In making its recommendation, ISS noted, “In light of the contingent value right, the improved balance sheet, and the opportunity to avoid delisting, the merger with Qualigen appears to be a preferable outcome to the standalone scenario, under which Ritter's
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