EQS-Ad-hoc: Mynaric AG / Key word(s): Financing Mynaric extends maturity of three existing bridge loans until February 7, 2025 and expects additional bridge loan, restructuring loan and application for StaRUG proceedings 31-Jan-2025 / 17:49 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. MUNICH, January 31, 2025 –...
MUNICH, DE / ACCESS Newswire / January 31, 2025 / Mynaric AG (NASDAQ:MYNA)(ISIN: US62857X1019)(FRA:M0YN)(ISIN: DE000A31C305) (the "Company") announces the extension of the maturity of its three bridge loans and the expectation to agree on a fourth bridge loan, a separate restructuring loan and an application for the initiation of a financial reorganization under the German Corporate Stabilization and Restructuring Act ( Gesetz über den Stabilisierungs- und Restrukturierungsrahmen für...
EQS-News: Mynaric AG / Key word(s): Miscellaneous Mynaric Announces Receipt of Deficiency Letter from Nasdaq 29.01.2025 / 21:00 CET/CEST The issuer is solely responsible for the content of this announcement. MUNICH, January 29, 2025 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, announces that it received a notification letter dated January 23, 2025 (the “Deficiency Letter”) from the Listing...
MUNICH, DE / ACCESS Newswire / January 29, 2025 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, announces that it received a notification letter dated January 23, 2025 (the "Deficiency Letter") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") notifying that Mynaric is no longer in compliance with the Nasdaq continued listing criteria, including the Nasdaq Listing Rule...
EQS-News: Mynaric AG / Key word(s): Miscellaneous Mynaric Announces Receipt of Deficiency Letters from Nasdaq 15.01.2025 / 15:00 CET/CEST The issuer is solely responsible for the content of this announcement. MUNICH, January 15, 2025 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it received a notification letter dated January 9, 2025 (the “Deficiency Letter I”) from the Listing...
MUNICH, DE / ACCESSWIRE / January 15, 2025 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it received a notification letter dated January 9, 2025 (the "Deficiency Letter I") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") notifying that Mynaric is no longer in compliance with the Nasdaq continued listing criteria, including the Nasdaq Listing Rule...
EQS-Ad-hoc: Mynaric AG / Key word(s): Results Forecast Mynaric Updates Guidance on 2024 Key Performance Indicators, Lowering Revenue and Optical Communications Terminal Backlog Guidance 03-Jan-2025 / 20:17 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. MUNICH, January 3, 2025 – Mynaric AG (NASDAQ: MYNA; ISIN:...
MUNICH, DE / ACCESSWIRE / January 3, 2025 / Mynaric AG (NASDAQ:MYNA; ISIN: US62857X1019)(FRA:M0YN; ISIN: DE000A31C305) (the "Company") updates its full-year 2024 guidance published on August 20, 2024, for two of its key financial performance metrics. IFRS-15 revenue: the Company now anticipates full-year 2024 IFRS-15 revenue of EUR 14.1 million compared to previous guidance of a range estimating between EUR 16.0 million to EUR 24.0 million. The guidance decrease reflects shipments of CONDOR Mk3...
EQS-Ad-hoc: Mynaric AG / Key word(s): Financing Mynaric secures another USD 5.0 million bridge loan to meet immediate working capital needs 23-Dec-2024 / 21:21 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. MUNICH, December 23, 2024 – Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA: M0YN; ISIN: DE000A31C305) (the...
MUNICH, GERMANY / ACCESSWIRE / December 23, 2024 / Mynaric AG (NASDAQ:MYNA) (ISIN: US62857X1019) (FRA:M0YN) (ISIN: DE000A31C305) (the "Company") today entered into an amendment to its existing loan agreement with its U.S.-based lenders, which are funds affiliated with a U.S.-based global investment management firm, pursuant to which such lenders have agreed to provide a third bridge loan in the amount of USD 5.0 million. Such bridge loan is in addition to the USD 95 million originally provided...
EQS-Ad-hoc: Mynaric AG / Key word(s): Restructure of Company Mynaric enters into negotiation for further funding with existing lender subject to financial reorganization under StaRUG, and postpones upcoming AGM 06-Dec-2024 / 14:07 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. MUNICH, December 06, 2024 – Mynaric AG...
MUNICH, GERMANY / ACCESSWIRE / December 6, 2024 / Mynaric AG (NASDAQ:MYNA; ISIN: US62857X1019)(FRA:M0YN; ISIN: DE000A31C305) (the "Company") received preliminary notice from its commissioned independent German restructuring expert indicating further future capital need. Based on these preliminary findings, the Company has entered into negotiations with its primary lender (the "Lender"), affiliates of a US-based global investment management firm, to resolve upon an extension of the US$16.5...
EQS-Ad-hoc: Mynaric AG / Key word(s): Financing Mynaric secures USD 11 million bridge loan and expects to agree on an up to USD 9 million production increase incentive agreement to meet immediate working capital needs 15-Nov-2024 / 22:12 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. MUNICH, November 15, 2024 –...
MUNICH, GERMANY / ACCESSWIRE / November 15, 2024 / Mynaric AG (NASDAQ:MYNA)(ISIN: US62857X1019)(FRA:M0YN)(ISIN: DE000A31C305) (the "Company") today entered into an amendment to its existing loan agreement with its U.S.-based lenders, which are funds affiliated with a U.S.-based global investment management firm, pursuant to which such lenders have agreed to provide a bridge loan in the amount of USD 11 million. Such bridge loan is in addition to the USD 95 million originally provided under such...
EQS-News: Mynaric AG / Key word(s): Miscellaneous Mynaric Announces Receipt of Deficiency Letter from Nasdaq 08.10.2024 / 12:00 CET/CEST The issuer is solely responsible for the content of this announcement. MUNICH, October 8, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it received a notification letter dated October 2, 2024 (the “Deficiency Letter”) from the Listing...
EQS-Ad-hoc: Mynaric AG / Key word(s): Financing Mynaric secures USD 5.5 million bridge loan and receipt of USD 5.5 million manufacturing readiness milestone payment to meet immediate working capital needs 02-Oct-2024 / 23:27 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. MUNICH, October 02, 2024 – Today, Mynaric AG...
MUNICH, GERMANY / ACCESSWIRE / October 2, 2024 / Today, Mynaric AG (NASDAQ:MYNA) (ISIN: US62857X1019) (FRA:M0YN) ISIN: DE000A31C305) (the "Company") entered into an amendment to its existing USD 95 million loan agreement with its U.S.-based lenders, which are funds affiliated with a U.S.-based global investment management firm, pursuant to which the lenders have agreed to provide a bridge loan in the amount of USD 5.5 million. As is the case for the existing USD 95 million term loan agreement,...
EQS-News: Mynaric AG / Key word(s): Miscellaneous Mynaric Advances Production of CONDOR Mk3 16.09.2024 / 18:00 CET/CEST The issuer is solely responsible for the content of this announcement. Shipments will support the Space Development Agency’s Tranche 1 program MUNICH, September 16, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced the successful advancement of the company’s volume...
EQS-News: Mynaric AG / Key word(s): Personnel Mynaric announces departure of Mustafa Veziroglu as CEO and appointment of Andreas Reif as Chief Restructuring Officer; Annual General Meeting 2024 of Mynaric will be postponed 26.08.2024 / 16:00 CET/CEST The issuer is solely responsible for the content of this announcement. MUNICH, August 26, 2024 – Mynaric (NASDAQ: MYNA), a leading provider of industrialized, cost-effective, and scalable laser communications products, today announced that the...
EQS-Ad-hoc: Mynaric AG / Key word(s): Personnel Departure of Mustafa Veziroglu from the Management Board and appointment of Andreas Reif as Chief Restructuring Officer 26-Aug-2024 / 15:56 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Munich, Germany, August 26, 2024 Mustafa Veziroglu, the chairman of the Management...