BRIEF-Molekule Group Says It Is Exploring Various Capital Raising Opportunities, Including Rights Offering

Reuters
24 Aug 2023

Aug 23 (Reuters) - Molekule Group Inc :

* MOLEKULE GROUP - EXPLORING VARIOUS CAPITAL RAISING OPPORTUNITIES, INCLUDING BUT NOT LIMITED TO RIGHTS OFFERING OR PRIVATE PLACEMENT OF SECURITIES

* MOLEKULE GROUP: IN DISCUSSIONS WITH PRINCIPAL LENDER, SILICON VALLEY BANK, DIVISION OF FIRST-CITIZENS BANK & TRUST CO TO RESTRUCTURE INDEBTEDNESS

* MOLEKULE GROUP INC - HAS ACCRUED LIABILITIES AND WILL NEED TO OBTAIN FUNDS IN Q3 OF 2023 IN ORDER TO FUND OPERATIONS THROUGH Q3

* MOLEKULE GROUP INC - WILL NEED TO EXPLORE RESTRUCTURING AND REORGANIZATION INITIATIVES

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10