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On October 4, 2011, Puma completed a reverse merger with Innovative Acquisitions Corp., a publicly reporting “shell” company with no specific business plan or purpose. As a result of the merger, Puma became a wholly owned subsidiary of Innovative Acquisitions. The merged company changed its name to Puma Biotechnology and adopted Puma’s business plan. The company’s common stock began trading on April 20, 2012.
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