ZombieHealthcare
What Happened to SeaStar Medical Holding?
Ticker: ICUSPAC Year: 2021
Return
-77.9%
Current Price
$2.21
Peak Price
$5500
Trust Size
$16M
Summary
SeaStar Medical develops a blood-purification device called the Selective Cytopheresis Device (SCD) for treating hyperinflammation in critically ill patients with acute kidney injury.
What Happened
SeaStar Medical went public through a SPAC merger and trades under ICU. The company's SCD device is designed to reduce organ-damaging inflammation in ICU patients by filtering and modulating activated neutrophils in the blood. The company has received FDA breakthrough device designation but remains in clinical development with going concern warnings and a reverse stock split.
Timeline
2021-01-19
S-1 Registration Filed
Risk Indicators
⚠️ Reverse Split