PAION AG HAS FILED FOR THE OPENING OF INSOLVENCY PROCEEDINGS - PRELIMINARY INSOLVENCY ADMINISTRATOR APPOINTED

EQS-News: PAION AG / Key word(s): Insolvency
PAION AG HAS FILED FOR THE OPENING OF INSOLVENCY PROCEEDINGS - PRELIMINARY INSOLVENCY ADMINISTRATOR APPOINTED
31.10.2023 / 15:16 CET/CEST
The issuer is solely responsible for the content of this announcement.

PAION AG HAS FILED FOR THE OPENING OF INSOLVENCY PROCEEDINGS - PRELIMINARY INSOLVENCY ADMINISTRATOR APPOINTED

Aachen (Germany), 31 October 2023 - The specialty pharma company PAION AG (ISIN DE000A3E5EG5; Frankfurt Stock Exchange, Prime Standard: PA8) announces that, in accordance with the ad hoc announcement dated October 26, 2023, it filed for the opening of insolvency proceedings with the Local Court of Aachen, Insolvency Court, on Friday, October 27, 2023. Furthermore, an insolvency petition was also filed by PAION AG's subsidiary PAION Deutschland GmbH. Attorney Dr. Mark Boddenberg has been appointed as the preliminary insolvency administrator of PAION AG and PAION Deutschland GmbH.

Contact

Ralf Penner

SVP Investor Relations & Corporate Communications

PAION AG

Heussstrasse 25

52078 Aachen – Germany

Phone +49 241 4453-152

E-mail r.penner@paion.com

www.paion.com

31.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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