03:00 Thu 03 Oct 2019
Amphion Innovations - Sale of Partner Company Shares
("Amphion" or "the Company")
Sale of Partner Company Shares
The Sale generated total proceeds of approximately US
Following the Sale, the loan balance outstanding is approximately US
Amphion is working hard to try to ensure the Company does not have to sell more shares than entirely necessary. We are excited by and steadfastly believe in the future prospects of Polarean and its important technology.
Amphion remains highly cash constrained and continues to consider both its short term and medium term financing options and work with its debt providers. Further to the Company's announcement on
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR").
For further information please contact:
| Tel: +1 (212) 210 6224 | ||||
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| Tel: +44 (0)20 7886 2500 | ||||
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| Tel: +44 (0) 20 3470 0470 | ||||
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Walbrook PR | Tel: +44 (0)20 7933 8780 or [email protected] | ||||
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We use our extensive experience in company building to invest and build shareholder value in high growth companies in the US and
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