PARIS and CAMBRIDGE, Mass., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Biophytis SA (Euronext Growth Paris: ALBPS), a clinical-stage biotechnology company focused on the development of therapeutics that slow the degenerative processes associated with aging and improve functional outcomes for patients suffering from age-related diseases, including severe respiratory failure in patients suffering from COVID-19, today announces that it plans to publicly file a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the “SEC”) today in relation to a proposed initial public offering of ordinary shares in the form of American Depositary Shares (the “ADSs”) in the United States (the “ADS Offering”) and proposed Nasdaq listing in connection therewith. All securities to be sold in the ADS Offering will be offered by Biophytis. The number of securities, including the ratio of ordinary shares to ADS, and the price range of the securities to be sold in the ADS Offering have not yet been determined.
About Biophytis Biophytis SA is a clinical-stage biotechnology company specialized in the development of therapeutics that slow the degenerative processes associated with aging and improve functional outcomes for patients suffering from age-related diseases, including severe respiratory failure in patients suffering from COVID-19.
The company is based in Paris, France, and Cambridge, Massachusetts. The company's common shares are listed on the Euronext Growth Paris market (Ticker: ALBPS -ISIN: FR0012816825).
DisclaimerThis press release contains forward-looking statements. Forward-looking statements include all statements that are not historical facts. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "predicts," "intends," "trends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. These forward-looking statements include certain statements regarding Biophytis’ proposed initial public offering as well as its business, including its prospects and product development. Such forward-looking statements are based on assumptions that Biophytis considers to be reasonable. However, there can be no assurance that the statements contained in such forward-looking statements will be verified, which are subject to various risks and uncertainties including, without limitation, risks inherent in the development and/or commercialization of potential products, the outcome of its studies, uncertainty in the results of pre-clinical and clinical trials or regulatory approvals, need and ability to obtain future capital, and maintenance of intellectual property rights. The forward-looking statements contained in this press release are also subject to risks not yet known to Biophytis or not currently considered material by Biophytis. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors include but are not limited to those described under "Risk Factors" in Biophytis’ registration statement relating to the initial public offering. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the registration statement. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
No communication or information relating to the ADS Offering by Biophytis may be transmitted to the public in a country where there is a registration obligation or where an approval is required. The issuance or the subscription of the securities of the Company may be subject to legal and regulatory restrictions in certain jurisdictions; none of Biophytis and the bank involved in the ADS Offering assumes any liability in connection with the breach by any person of such restrictions.
This press release is an advertisement and not a prospectus within the meaning of Directive 2003/71/EC of the European Parliament and the Council of 4 November 2003, as amended or superseded including by Directive 2010/73/EU and as implemented in each member state of the European Economic Area, and of EU Regulation 2017/1129 as supplemented by EU Regulation 2019/980 (the “Prospectus Regulations”).
This press release and the information contained herein do not constitute an offer to sell or a solicitation of an offer to buy or subscribe to any securities of Biophytis in any country. This press release is not an offer to the public, an offer to subscribe or designed to solicit interest for purposes of an offer to the public in any jurisdiction, including France.
This press release was written in French and English. If there is a difference between the texts, the French version will prevail.
Biophytis Investor Relations Contact
Evelyne Nguyen – CFO
Mobile: +33 (0)6 27 74 74 49
LifeSci Advisors, LLC
Sandya von der Weid
T: +41 78 680 05 38
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ISLAMBAD, Jan. 21, 2021 /PRNewswire/ -- People can now watch Phoollu's videos to learn all about what rural life is like in Pakistan in a fun way. Phoollu, a Pakistan farmer known for his country-life videos and comedy style, shares about his daily life to his million viewers on SnackVideo, a new and rising short video platform in Pakistan.
Tauqeer Abbas, better known as Phoollu, has captured the attention of millions of fans on the Internet by documenting details of his daily rural life. Now, this man has become a rising star on SnackVideo and attracts millions of users daily.
In these down-to-earth videos, audiences can see him planting rice seeds or dancing with local villagers along with the music. From the start, he was way separated from the Internet and had no experience in making short videos. "One day I was in the field cutting wheat as usual and accidentally made a video with a friend. That video went viral surprisingly and got millions of views. More and more people started to know me and wanted to take videos and selfies with me", said Phoollu.
From an inexperienced creator to a short video guru with millions of fans, Phoollu couldn't wait to share his videos on SnackVideo. He said: "I always want to provide great content for my fans and SnackVideo is a community with such diverse content. A 15-second video seems short, but it has changed my life dramatically."
Phoollu is not the only iconic social media star who has joined SnackVideo and shares his insights with the world. Pakistan's most well-known web celebrity Kanwal Aftab, the beauty and makeup influencer Hoor Mahaveera, the hilarious video maker Asadray are all coming to SnackVideo and share their journey of being popular on this video pIatform.
Now, SnackVideo has launched its first Creator Academy in Pakistan with the participation of more than 20 experienced KOLs to help prospective content creators. It is also offering a PKR 1,000,000 reward for outstanding creators in this campaign.
Join SnackVideo, From Zero to Hero. Everyone has the chance to be seen and become the next world-famous KOL on SnackVideo. Visit https://m.snackvideo.com/pbact/10/2021/SnackActingStar to follow SnackVideo Creator Academy.