With Pyrolyx’s Supervisory Board having endorsed the company’s annual accounts for 2015, they have now been formally approved in accordance with Section 172 AktG German Stock Corporation Act. The financial statements for the year ending December 31, 2015 have been audited and awarded an unqualified audit opinion by the auditor. The cash capital increase decided on April 28, 2016 was placed by issuing 111,878 new shares at €11.00 per share and entered in the Register of Companies on June 30, 2016. The company’s total share capital is now €2,918,083. The funds raised amounting to €1,230,658 – before costs – will be used to finance further business development.

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