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DermTech

🪦 Bankrupt
$DMTKQTechnologySPAC Year: 2017Merged: 2018

Trust Size

$103M

Current Price

$0.00

Peak Market Cap

$2.1B

Price Journey

$10 IPO$10.00 peak$0.00

What Happened

DermTech was a precision dermatology company that developed non-invasive skin genomics technology for melanoma detection, eliminating the need for surgical biopsies. The company went public via SPAC merger with Constellation Alpha Capital Corp in 2019. It filed for Chapter 11 bankruptcy in June 2024.

Constellation Alpha Capital Corp merged with DermTech in 2019. The company's non-invasive skin cancer test showed promise but struggled with reimbursement and commercialization. DermTech filed for Chapter 11 in June 2024, laid off 20% of staff, and sought a buyer for its technology. The company was renamed DTech Liquidating Inc as assets were sold off.

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Timeline

2017-06-14

S-1 Registration Filed

2018-08-23

Merger Proxy Filed (DEFM14A)

2024-07-19

Last SEC Filing

2024-06-03

Filed for bankruptcy

SEC Filing Details

CIK Number

1651944

Total SEC Filings

496

State of Incorporation

DE

Last Filing Date

2024-07-19

Business Location

West Palm Beach, FL

Trust/Asset Size

$103M

Data sourced from SEC EDGAR Company Facts API and EFTS search index.

📄 SEC Filings

View all EDGAR filings for DermTech

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