Ascendis Pharma (ASND) has released an update.
Ascendis Pharma A/S has revised its Articles of Association, detailing the company’s share capital and authorization for the Board of Directors to issue warrants and increase share capital without pre-emptive rights for existing shareholders. The company is focused on developing and selling medical preparations for disease treatment and can issue shares in connection with warrants, as well as obtaining loans through convertible bonds. Share capital increases and warrant issues have been executed with specific conditions, aligning with the company’s growth and financing strategies.
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