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Stock impact report

Molecular Partners Announces All Board Proposals Approved at the Annual General Meeting

Molecular Partners AG - American Depositary Shares (MOLN) 
Company Research Source: GlobeNewswire
ZURICH-SCHLIEREN, Switzerland and CONCORD, Mass., April 17, 2024 (GLOBE NEWSWIRE) -- Molecular Partners AG (SIX: MOLN; NASDAQ: MOLN), a clinical-stage biotech company developing a new class of custom-built protein drugs known as DARPin therapeutics, today announced that all motions proposed by the Board of Directors at the Annual General meeting were approved by the shareholders of the Company by a wide majority. The Molecular Partners shareholders confirmed the approval of the annual review, the IFRS consolidated financial statements and the annual statements for the financial year 2023. They also fully approved the consultative vote on the compensation report and the proposal to carry forward the net loss for 2023 of CHF 56,285,222, thereby bringing the loss carried forward position from CHF 92,511,521 to CHF 148,796,743. The Board of Directors and the members of the management board were granted discharge for the financial year 2023. Additionally, the shareholders approved amen Show less Read more
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