Polyphor’s up to CHF 19.3 Million Equity-Linked Financing

Polyphor AG announced that it has entered into an equity-linked financing arrangement with the French company IRIS to raise a gross amount of up to CHF 19.3 million over a period of two years. Under the innovative financing instrument, IRIS will receive Polyphor shares to be created from the company’s conditional capital based on an interest-free mandatory convertible bonds program.