Biofrontera Says Co And Units Have Entered Into An Agreement With Biofrontera Inc About How To Settle Payment Obligations By Biofrontera Inc
Reuters
28 May
May 27 (Reuters) - Biofrontera AG:: *BIOFRONTERA- CO AND UNITS HAVE ENTERED INTO AN AGREEMENT WITH BIOFRONTERA INC ABOUT HOW TO SETTLE PAYMENT OBLIGATIONS BY BIOFRONTERA INC *BIOFRONTERA AG - SETTLEMENT AMOUNT OF APPROX. TWO MILLION EUROS IN TOTAL *BIOFRONTERA AG - FORECAST COMMUNICATED ON 14TH APRIL IN RELATION TO EBITDA, REVENUES AND AVERAGE REVENUE GROWTH FOR 2025 CAN NO LONGER BE MAINTAINED *BIOFRONTERA - IF BIOFRONTERA INC IS NOT SUCCESSFUL IN RAISING ADDL. CAPITAL, IT COULD HAVE A MATERIAL ADVERSE EFFECT ON BIOFRONTERA INC.'S BUSINESS *BIOFRONTERA- IF BIOFRONTERA INC. FAILS TO PAY AMOUNTS DUE TO BIOFRONTERA AG, IT COULD HAVE A MATERIAL ADVERSE EFFECT ON BIOFRONTERA AG'S BUSINESS
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