BRIEF-TME Pharma Says Net Proceeds To Extend Financial Visibility Into June 2025

Reuters

2024-12-04

Dec 4 (Reuters) - TME Pharma NV :

* TME PHARMA ANNOUNCES CORPORATE STRATEGY UPDATE AND UPCOMING €2.6 MILLION GUARANTEED FINANCING WITH INTENTION TO LAUNCH PUBLIC OFFER OPEN ONLY TO SHAREHOLDERS TO ENABLE COMPLETION OF TRANSACTIONS AROUND NOX-A12 AND NOX-E36 BY JUNE 2025

* TME PHARMA NV - NET PROCEEDS TO EXTEND FINANCIAL VISIBILITY INTO JUNE 2025

* TME PHARMA NV - TO OPERATE ON REDUCED COST BASE IF NEEDED

* TME PHARMA NV - PUBLIC OFFER TO LAUNCH DECEMBER 12, 2024, PRIORITY FOR SHAREHOLDERS

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com))

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