Ascendis Pharma A/S (ASND) has released an update.
Ascendis Pharma A/S has updated its Articles of Association, detailing the company’s fully paid share capital, authorizations for the Board of Directors to issue warrants and increase share capital, and provisions for issuing convertible bonds without pre-emption rights for existing shareholders. The company aims to develop medical solutions for disease treatment, holding the right to manufacture and sell these products, and to own shares in similar ventures. These corporate actions, including share capital increases and the issuance of warrants and convertible bonds, are part of Ascendis Pharma’s strategic financial planning.
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