Mynaric Expects the Capital Reduction to Zero and Subsequent Capital Increase to Take Effect Shortly, Resulting in the Current Shareholders to Leave Without Compensation and Trading to End | MYNA Stock News
Mynaric AG plans to reduce its capital to zero euros and subsequently increase it through a cash capital increase, as part of its restructuring plan approved by shareholders. This will result in existing shares expiring without compensation for shareholders, and trading on the Frankfurt Stock Exchange will cease. The company expects to register these changes shortly, following confirmation from the Munich Local Court and the tax office. Mynaric specializes in laser communications technology for various applications.
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