Mynaric AG: Resignation of Bulent Altan as Chairman and Member of Supervisory Board
Mynaric AG (FRA:M0YN, OTC PINK:MYNAY) announced that Bulent Altan has resigned as Chairman and Member of the Supervisory Board, effective April 1, 2025. Altan, who was elected to these positions by the General Assembly in August 2023, cited personal reasons for his departure.
The company's Supervisory Board will promptly conduct a new election for the Chairman position, and a new board member will be appointed according to the German stock act (Aktiengesetz).
Mynaric AG (FRA:M0YN, OTC PINK:MYNAY) ha annunciato che Bulent Altan si è dimesso dalla carica di Presidente e Membro del Consiglio di Sorveglianza, con effetto dal 1 aprile 2025. Altan, eletto a queste cariche dall'Assemblea Generale nell'agosto 2023, ha citato motivi personali per la sua partenza.
Il Consiglio di Sorveglianza dell'azienda procederà prontamente a una nuova elezione per la posizione di Presidente, e un nuovo membro del consiglio sarà nominato secondo la legge sulle società tedesche (Aktiengesetz).
Mynaric AG (FRA:M0YN, OTC PINK:MYNAY) anunció que Bulent Altan ha renunciado a su cargo como Presidente y Miembro del Consejo de Supervisión, con efecto a partir del 1 de abril de 2025. Altan, quien fue elegido para estos puestos por la Asamblea General en agosto de 2023, citó razones personales para su salida.
El Consejo de Supervisión de la empresa llevará a cabo rápidamente una nueva elección para el puesto de Presidente, y se nombrará a un nuevo miembro del consejo de acuerdo con la ley de sociedades alemana (Aktiengesetz).
Mynaric AG (FRA:M0YN, OTC PINK:MYNAY)는 Bulent Altan이 2025년 4월 1일부로 회장직 및 감독위원회 위원직에서 사임했다고 발표했습니다. Altan은 2023년 8월 총회에서 이 직위에 선출되었으며, 개인적인 사유로 퇴임한다고 밝혔습니다.
회사의 감독위원회는 회장직에 대한 새로운 선거를 신속하게 실시할 것이며, 독일 상법(Aktiengesetz)에 따라 새로운 이사도 임명될 것입니다.
Mynaric AG (FRA:M0YN, OTC PINK:MYNAY) a annoncé que Bulent Altan a démissionné de son poste de Président et Membre du Conseil de Surveillance, avec effet au 1er avril 2025. Altan, qui a été élu à ces fonctions par l'Assemblée Générale en août 2023, a cité des raisons personnelles pour son départ.
Le Conseil de Surveillance de l'entreprise procédera rapidement à une nouvelle élection pour le poste de Président, et un nouveau membre du conseil sera nommé conformément à la loi allemande sur les sociétés (Aktiengesetz).
Mynaric AG (FRA:M0YN, OTC PINK:MYNAY) gab bekannt, dass Bulent Altan mit Wirkung zum 1. April 2025 von seinem Amt als Vorsitzender und Mitglied des Aufsichtsrats zurückgetreten ist. Altan, der im August 2023 von der Hauptversammlung in diese Position gewählt wurde, nannte persönliche Gründe für seinen Rücktritt.
Der Aufsichtsrat des Unternehmens wird umgehend eine neue Wahl für die Position des Vorsitzenden durchführen, und ein neues Vorstandsmitglied wird gemäß dem deutschen Aktiengesetz (Aktiengesetz) ernannt.
- None.
- Unexpected departure of Supervisory Board Chairman creates leadership uncertainty
- Short tenure of Chairman (less than 2 years) may indicate internal instability
MUNICH, DE / ACCESS Newswire / March 28, 2025 / Mynaric AG (FRA:M0YN)(OTC PINK:MYNAY) (the "Company") announces that Bulent Altan today has tendered his resignation as Chairman and Member of the Supervisory Board of the Company for personal reasons effective April 1, 2025.
Bulent Altan was elected Chairman of the Supervisory Board of the Company following his election as member of the Supervisory Board by the General Assembly in August 2023.
The Supervisory Board of the Company will conduct a new election for the role of Chairman without undue delay. A new member will be appointed in due course in accordance with the provisions of applicable stock corporation act (Aktiengesetz).
About Mynaric
Mynaric (FRA:M0YN)(OTC PINK:MYNAY) is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C. For more information, visit mynaric.com.
Forward-Looking Statement
This release includes forward-looking statements. All statements other than statements of historical or current facts contained in this release, including statements regarding our future results of operations and financial position, industry dynamics, business strategy and plans and our objectives for future operations, are forward-looking statements. These statements represent our opinions, expectations, assumptions, beliefs, intentions, estimates or strategies regarding the future, which may not be realized. Forward looking statements are often indicated by terms such as "anticipate," "believe," "could," "estimate," "expect," "forecast," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "target" "will," "would" and/or the negative of these terms or other similar expressions that are intended to identify forward-looking statements.
The forward-looking statements included in this release are based largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements involve known and unknown risks, uncertainties and assumptions that are difficult to predict or are beyond our control, and actual results may differ materially from those expected or implied as forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to (i) the impact of any geopolitical tensions or the global COVID-19 pandemic on the global economy, our industry and markets as well as our business, (ii) risks related to our limited operating history, our history of significant losses and the execution of our business strategy, (iii) risks related to our ability to successfully manufacture and deploy our products and risks related to serial production of our products, (iv) risks related to our sales cycle which can be long and complicated, (v) risks related to our limited experience with order processing, our dependency on third-party suppliers and external procurement risks, (vi) risks related to defects or performance problems in our products, (vii) effects of competition and the development of the market for laser communication technology in general, (viii) risks related to our ability to manage future growth effectively and to obtain sufficient financing for the operations and ongoing growth of our business, (ix) risks relating to the uncertainty of the projected financial information, (x) risks related to our ability to adequately protect our intellectual property and proprietary rights and (xi) changes in regulatory requirements, governmental incentives and market developments. Moreover, new risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We caution you therefore against relying on these forward-looking statements, and we qualify all of our forward-looking statements by these cautionary statements.
The forward-looking statements included in this release are made only as of the date hereof. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur. Neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Unless required under applicable law, neither we nor any other person undertakes any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release or otherwise. You should read this release with the understanding that our actual future results, levels of activity, performance and events and circumstances may materially differ from what we expect.
This release may include certain financial measures not presented in accordance with IFRS. Such financial measures are not measures of financial performance in accordance with IFRS and may exclude items that are significant in understanding and assessing our financial results. Therefore, these measures should not be considered in isolation or as an alternative to loss for the period or other measures of profitability, liquidity or performance under IFRS. You should be aware that our presentation of these measures may not be comparable to similarly titled measures used by other companies, which may be defined and calculated differently.
CONTACT:
Mynaric AG
+49 8105 7999 0
comms@mynaric.com
www.mynaric.com
SOURCE: Mynaric AG
View the original press release on ACCESS Newswire
FAQ
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