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TME Pharma AG Max-Dohrn-Str. 8-10 10589 Berlin, Germany http://www.tmepharma.com
Company logo of TME Pharma AG
TME Pharma AG

Results of final exercise of warrants Y: additional €854K raised and extension of cash runway from May into July 2024

(PresseBox) (Berlin, Germany, )
TME Pharma N.V. (Euronext Growth Paris: ALTME), a biotechnology company focused on developing novel therapies for treatment of cancer by targeting the tumor microenvironment (TME), provides results of the final exercise of Warrants Y and an update on the outstanding number of ordinary shares, Warrants Y and Warrants Z. The exercise of 8,539,955 Warrants Y has triggered the issuance of 3,415,982 new shares for gross proceeds of €853,995.50. The net proceeds from the exercise extend the company’s cash runway from May 2024 into early July 2024.

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