Affimed NV Delays 2024 Annual Report Filing Due to Liquidity Concerns
Affimed N.V. has delayed its Annual Report filing for the financial year ended December 31, 2024, due to liquidity concerns. The company aims to enhance its liquidity position to ensure operational viability for at least twelve months from the expected issuance date. As of the end of 2024, Affimed's cash and investments were estimated at approximately €13.0 million, with a cash runway projected to last until the end of Q2 2025.
Affimed N.V. has announced a delay in filing its Annual Report on Form 20-F for the financial year ended December 31, 2024. The company cited the need to enhance its liquidity position to ensure its ability to operate as a going concern for at least twelve months from the expected issuance date as the reason for the delay. The company’s cash, cash equivalents, and investments were preliminarily estimated at approximately €13.0 million as of the end of 2024, with a cash-runway expected to last until the end of Q2 2025. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Affimed NV published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-109944), on May 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
