Brief: Azelio Announces Update Related To Strategic Partnership

Azelio AB

29/06/2023 11:03

June 29 (Reuters) - Azelio AB  AZELIO.ST :
    * AZELIO ANNOUNCES AN UPDATE RELATED TO A STRATEGIC
PARTNERSHIP
    * CO AND STRATEGIC PARTNER ARE REMOVING INTERMEDIATE STEP
COMPRISING DECLARATION OF INTENT DURING SUMMER
    * AZELIO WILL REVIEW ITS FINANCING ALTERNATIVES
    * DISCUSSIONS ARE CURRENTLY ONGOING WITH SEVERAL
STAKEHOLDERS
    * AZELIO AND STRATEGIC PARTNER HAVE AGREED ON A REVISED
APPROACH
TO REACH A STRATEGIC PARTNERSHIP
    * AIMS TO REACH A FINAL AGREEMENT DURING AUTUMN
    * IS REQUIRED TO SECURE ADDITIONAL FINANCING UNTIL
PARTNERSHIP
AGREEMENT IS REACHED

Source text for Eikon:  ID:nMFN8zlgPr 
Further company coverage:  AZELIO.ST 

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