2. Altech Advance Materials AG: AAM has advised Altech that it remains on track for prospectus approval from BaFin (German Federal Financial Supervisory Authority) by mid-April 2020. The rights-issue shall commence upon prospectus approval, but timing may be altered in light of the pre-vailing Covid-19 situation.AAM continues to work with the Swiss international Investment Bank that is appointed as placement agent in relation to the issuance of equity or other equity instruments (securities) by AAM via private placement, which remains scheduled to follow the AAM rights offer
When will this prospectus be approved past mid April ?, has it been approved ?
ATC Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
