Despite the rejection by the President of the Commercial Court of Lyon of Akkadian Partners’ request to postpone the vote of the general meeting on the proposed merger, Akkadian has initiated new legal proceedings with the clear aim of pursuing its attempt to destabilize Erytech.
As part of this new procedure, the first hearing of which will take place after the vote on the merger, Akkadian Partners is requesting the cancellation of the capital increase of May 15, 2023. This capital increase, resulting from contributions in kind from shares of Pherecydes in return for shares of ERYTECH, had been announced when the merger was announced last February and had been carried out by virtue of the delegation of authority granted by the Extraordinary General Meeting of ERYTECH shareholders of June 24, 2022 (29th resolution) and on the basis of the reports submitted by Finexsi, acting as contribution auditor, in accordance with Articles L. 225-147, R. 22-10-7 and R. 225-136 of the Code de Commerce and AMF Position-Recommendation No. 2020-06.
Erytech is confident about the outcome of this unfounded procedure which appears doomed to failure.
If you wish to receive all of the company’s financial communications in real time, you can register directly by email at the following address: [email protected]