Brief: Santhera: Enters Into CHF 5 Mln Share Exchange Agreement

Santhera Pharmaceuticals Holding AG

10/01/2023 06:03

Jan 10 (Reuters) - Santhera Pharmaceuticals Holding Ag
 SANN.S :
    * SANTHERA ENTERS INTO CHF 5 MILLION SHARE EXCHANGE
AGREEMENT
    * THROUGH A SHARE EXCHANGE IT WILL RECEIVE EQUIVALENT OF CHF
5
MILLION IDORSIA SHARES WHICH SANTHERA IS FREE TO SELL AT ITS OWN
DISCRETION IN SUPPORT OF ITS SHORT-TERM FINANCIAL NEEDS
    * UPON COMPLETION OF TRANSACTION IDORSIA WILL HOLD 17.7% OF
SANTHERA'S REGISTERED SHARE CAPITAL

Further company coverage:  SANN.S 
 (Reporting by Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com;))