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Stock impact report

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 Transa...

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: Yahoo! Finance
transaction in addition to licensing or financing transactions on both NOX-A12 and NOX-E36 by June 2025 Financing for this period is secured with €2.6 million, 100% guaranteed by a group of existing TME Pharma shareholders holding 11% of outstanding shares and a corporate partner Net proceeds will extend financial visibility from January 2025 into June 2025 TME Pharma will operate on a significantly reduced cost base if longer time needed to reach these goals ensuring significantly reduced future capital needs Intention to launch a public offer on December 12, 2024, with a priority period from December 12-18, 2024 only for shareholders of TME Pharma on record date of December 10, 2024 , without preferential subscription right but allowing such shareholders to participate on a pro rata basis BERLIN, December 04, 2024 BUSINESS WIRE )--Regulatory News: This announcement is intended solely for general information and promotional purposes and does not constitute an offer within Show less Read more
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