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Mynaric Announces Receipt of Delisting Notice from Nasdaq

1. Mynaric received a delisting notice from Nasdaq due to financial restructuring. 2. The company is undergoing proceedings under German Corporate Stabilization Act.

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FAQ

Why Very Bearish?

Delisting notices generally signal significant financial distress, impacting investor confidence. Compare to similar past instances where delisting led to stock price declines.

How important is it?

The delisting notice directly affects MYNA's market perception and future viability. High potential for impact due to its immediate relevance to financial structure and stability.

Why Short Term?

Immediate consequences likely as investors react to delisting news. Previous cases show short-term pressures on stock when delisting occurs.

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NASDAQ:MYNAFRA:M0YN
MUNICH, GERMANY / ACCESS Newswire / February 13, 2025 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, announces that it received a delisting notification dated February 10, 2025 (the "Delisting Notice") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. ("Nasdaq"). As previously disclosed, on February 7, 2025, Mynaric's management board, with the approval of its supervisory board, resolved on a financial restructuring by proceedings under the German Corporate Stabilization and Restructuring Act (Gesetz über den Stabilisierungs- und Restrukturierungsrahmen für Unternehmen) and notified the competent Munich Local Court - Restructuring Court - of such restructuring project (the "StaRUG Proceeding").

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