Pure Capital Demands Replacement of Therapix Biosciences Ltd.'s Board of Directors
THERAPIX BIOSCIENCES LTD AMERICAN DEPOSITARY SHARE (TRPX)
US:NASDAQ Investor Relations:
nasdaq.com/symbol/trpx
Company Research
Source: GlobeNewswire
Tel Aviv, Israel, June 02, 2020 (GLOBE NEWSWIRE) -- Pure Capital today announces that it has sent a letter to the chief executive officer, chairman of the board and the directors of Therapix Biosciences Ltd. (NASDAQ: TRPX), calling for an immediate general meeting of the shareholders of Therapix Biosciences and the dismissal of all members of the board. In the letter, Pure Capital detailed previous actions which it believes have been harmful to shareholders. These actions, taken by Therapix Biosciences, have not been in the best interest of the company nor its shareholders, including, among others, capital raises under unfavorable terms. Furthermore, Pure Capital demanded that until the special general meeting is convened, the company will not take any action not in the ordinary course of business, including, without limitation, any dispositions of its assets or securities offerings, whether public or private. In addition, Pure Capital demanded that the board of directors of the
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