Spexis expects SIX to delist shares of Spexis on the SIX exchange imminently.
Spexis AG / Key word(s): Delisting Ad hoc announcement pursuant to Art. 53 LR Allschwil, Switzerland, 4 November 2024 Spexis expects SIX to delist shares of Spexis on the SIX exchange imminently.
Spexis AG (SIX: SPEX), a clinical-stage biopharmaceutical company focused on macrocycle therapeutics for rare diseases and oncology, today announced that it expects the Swiss SIX exchange to delist the shares of Spexis imminently.
Jeff Wager MD, Chair & CEO of Spexis, commented on this development as follows, “While of course delisting from SIX will be a materially negative event, it is not wholly unexpected and does not deter us from continuing to pursue options that will enable the Company to emerge from our moratorium status. The Company has the right to appeal any forthcoming decision by SIX to delist its shares, and while the probability is low that Spexis will pursue such an appeal, we will reserve deciding upon such an option pending evolution of ongoing discussions with prospective investors. However, in any event of permanent delisting, our plan is to nonetheless pursue solutions to its moratorium status as a private company.”
About Spexis Spexis (SIX: SPEX) is a clinical-stage biopharmaceutical company based in Allschwil, Switzerland, focused on macrocycle therapeutics for rare diseases and oncology. For further information please visit: www.spexisbio.com. For further information please contact:
Disclaimer This press release contains forward-looking statements which are based on current assumptions and forecasts of Spexis management. Known and unknown risks, uncertainties, and other factors could lead to material differences between the forward-looking statements made here and the actual development, in particular Spexis’ results, financial situation, and performance. Readers are cautioned not to put undue reliance on forward-looking statements, which speak only of the date of this communication. Spexis disclaims any intention or obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise. End of Inside Information |
Language: | English |
Company: | Spexis AG |
Hegenheimermattweg 125 | |
4123 Allschwil | |
Switzerland | |
Phone: | +41 61 567 1600 |
Fax: | +41 61 567 1601 |
E-mail: | info@spexisbio.com |
Internet: | www.spexisbio.com |
ISIN: | CH0106213793 |
Valor: | SPEX |
Listed: | SIX Swiss Exchange |
EQS News ID: | 2022201 |
End of Announcement | EQS News Service |
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