The Management Board of 4SC AG (Frankfurt, Prime Standard: VSC), a discovery and development company of targeted small molecule drugs for autoimmune diseases and cancer, today announced in coordination with its Supervisory Board that, after due consideration, it must be assumed that the company has incurred a loss amounting to half of its share capital based on the accounting principles of the German Commercial Code (Handelsgesetzbuch, HGB). This is due to operating losses that have accumulated as planned in drug development as part of 4SC AG's business. A loss amounting to half of the share capital triggers a legal obligation
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