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Kuros Biosciences AG Wagistrasse 25 8952 Schlieren, Switzerland http://kuros.ch
Contact Ms Mary-Ann Chang +44 7483 284853
Company logo of Kuros Biosciences AG
Kuros Biosciences AG

Kuros Convenes Extraordinary General Meeting

(PresseBox) (Schlieren, )
Kuros Biosciences (SIX: KURN) today announced that it will hold an Extraordinary General Meeting (EGM) of shareholders to seek approval to increase the Company's ordinary share capital. The EGM will be held at Kuros Biosciences AG, Wagistrasse 25, 8952 Schlieren, Switzerland on 5 October 2020 at 11am CEST.

The share capital increase aims at raising up to around CHF 15 million by issuing up to 9 million newly created ordinary shares. The Company intends to use the net proceeds to accelerate and advance the commercial roll-out of MagnetOs, which based on current performance is expected to become cash flow positive
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.