Ascendis Pharma Updates Share Capital Structure

Ascendis Pharma A/S (ASND) has released an update.

Ascendis Pharma A/S, a company focused on developing medical treatments for diseases, has made significant updates to its Articles of Association, including provisions for share capital and the issuance of warrants and convertible bonds. The company’s share capital stands fully paid at DKK 58,224,419, with shares valued at DKK 1 each. Moreover, the Board of Directors has been authorized to issue warrants and increase the share capital to accommodate warrant exercises and convertible bond conversions, enhancing the company’s financial flexibility.

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