DJ Biophytis extends its contract with Atlas to secure financing for its business activities Biophytis / Key word(s): Miscellaneous/Miscellaneous Biophytis extends its contract with Atlas to secure
Biophytis / Key word: Miscellaneous/Miscellaneous Biophytis extends its contract with Atlas to secure financing for its business activities 20-Jun-2024 / 01:10 CET/CEST =---------------------------------------------------------------------------------------------------------------------- Biophytis extends its contract with Atlas to secure financing for its business activities Important note: Biophytis has set up financing in the form of Bonds redeemable in cash and in new and existing shares...
-- Dilution risk: the shareholders of the Company, who cannot participate in the operation, will sufferdilution when issuing new shares in conversion of convertible bonds; -- Risk in the event of non-completion of all tranches: the total amount of the OC issue is not guaranteedand will depend in particular on market conditions, so the company may be required to seek additional financing; -- Risk of volatility and liquidity of the Company's shares: the sale of shares on the market could havesignificant consequences on the volatility and liquidity of the security;
-- Risk relating to changes in the stock price: as the intermediary is not intended to remain a shareholder,the transfers of new shares issued upon conversion of the OCs could have an unfavorable impact on the company'sshare price.Biophytis SA is a clinical-stage biotechnology company specializing in the development of drug candidates for age-related diseases. BIO101 , our lead drug candidate, is a small molecule in development for muscular , respiratory and metabolic diseases .
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