Biophytis seeks shareholder approval for capital reduction to offset losses
BPTS•Biophytis shareholders will vote on November 12, 2026, on a proposal to reduce share capital to absorb losses. The proposed 12-month authorization would allow reductions in share par value to no less than EUR 0.001, capped at losses existing when implemented and subject to statutory minimum capital requirements.
1. Shareholder vote
Biophytis shareholders will vote November 12, 2026, on a board proposal under resolution 8 to reduce share capital to absorb losses. The proposed authorization would last 12 months and permit reductions in share par value to no less than EUR 0.001.
2. Limits on reductions
Reductions would be capped at losses existing when implemented and remain subject to statutory minimum capital requirements. Auditors said the maximum total reduction could not be determined when their report was issued on October 28, 2026.
