Brief: Kuros Biosciences Convenes Extraordinary Shareholders General Meeting

Kuros Biosciences AG

08/11/2018 06:05

Nov 8 (Reuters) - Kuros Biosciences AG  KURN.S :
    * KUROS CONVENES EXTRAORDINARY GENERAL MEETING
    * MEETING (EGM) OF SHAREHOLDERS TO SEEK APPROVAL TO INCREASE
COMPANY'S ORDINARY SHARE CAPITAL AND TO ESTABLISH CONDITIONAL
CAPITAL
    * SHARE CAPITAL INCREASE AIMS AT RAISING APPROXIMATELY CHF
16 - 20
MILLION TO ADVANCE RESEARCH, DEVELOPMENT AND MARKETING OF
COMPANY'S KEY PRODUCTS
    * COMPANY SEEKS APPROVAL FROM SHAREHOLDERS FOR AN INCREASE
OF
ORDINARY SHARE CAPITAL OF UP TO CHF 4.3 MILLION FOR ISSUANCE OF
UP TO AN ADDITIONAL 4.3 MILLION SHARES AND TO ESTABLISH
CONDITIONAL CAPITAL OF CHF 1.7 MILLION FOR ISSUANCE OF UP TO 1.7
MILLION SHARE

Further company coverage:  KURN.S 

 (Reporting by Riham Alkousaa)
 ((Riham.Alkousaa@thomsonreuters.com;))