Affimed announces 1-for-10 reverse stock split

Affimed announced that the Company, with prior approval of the Company’s supervisory board and management board, intends to effect a 1-for-10 reverse stock split of its outstanding common shares, par value EUR0.01 per share. The reverse stock split is expected to be effected after market close on March 8 with the Common Shares expected to begin trading on the Nasdaq Capital Market on a post-split basis at market open on March 11, 2024 under the Company’s existing trading symbol “AFMD.”