Brief: Celyad Oncology End-December Treasury Position Of EUR 12.4 Mln

Celyad Oncology SA

03/02/2023 06:14

Feb 3 (Reuters) - Celyad Oncology SA  CYAD.BR :
    * CELYAD ONCOLOGY PROVIDES FOURTH QUARTER 2022 BUSINESS
UPDATE AND
2023 OUTLOOK
    * AS OF DECEMBER 31, 2022, COMPANY ENDED YEAR WITH AN
UNAUDITED
TREASURY POSITION OF EUR 12.4 MILLION ($13.3 MILLION)
    * NET CASH BURN DURING Q4 OF 2022 AMOUNTED TO EUR 1.0
MILLION
    * PROJECTS ITS EXISTING CASH AND CASH EQUIVALENTS SHOULD BE
SUFFICIENT TO FUND OPERATING EXPENSES AND CAPITAL EXPENDITURE
REQUIREMENTS INTO Q4 OF 2023

Source text for Eikon:  ID:nGNX4V7SKT 
Further company coverage:  CYAD.BR 
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