Myriad Group AG (SIX Swiss Exchange: MYRN), the company powering billions of rich mobile social and web experiences on any connected device, today announced a fully underwritten rights issue to raise CHF 10 million (USD 10.8 million).
The rights issue represents a key step in replenishing cash reserves to complete the integration and rationalisation of Synchronica and to place Myriad Group AG in a stronger position to execute its strategy.
Erik Hansen Chairman of Myriad Group AG commented: 'The fully underwritten rights issue we are launching today will enable the Group to successfully complete the integration of Synchronica plc together
The rights issue represents a key step in replenishing cash reserves to complete the integration and rationalisation of Synchronica and to place Myriad Group AG in a stronger position to execute its strategy.
Erik Hansen Chairman of Myriad Group AG commented: 'The fully underwritten rights issue we are launching today will enable the Group to successfully complete the integration of Synchronica plc together
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