Centogene N.V. (OTC: CNTGF) (“CENTOGENE” or the “Company”), the
essential life science partner for data-driven answers in rare and
neurodegenerative diseases, today announced the voting results of
the Company’s Extraordinary General Meeting. Shareholders voted in
favor of all proposals, which included the approval of the
previously announced envisaged sale and transfer of Centogene GmbH
to Charme Capital Partners Limited, a pan-European private equity
firm.
At the Extraordinary General Meeting of CENTOGENE,
57.16% of the Company’s issued share capital were represented.
About
CENTOGENE
CENTOGENE’s mission is to provide data-driven,
life-changing answers to patients, physicians, and pharma companies
for rare and neurodegenerative diseases. We integrate multiomic
technologies with the CENTOGENE Biodatabank – providing dimensional
analysis to guide the next generation of precision medicine. Our
unique approach enables rapid and reliable diagnosis for patients,
supports a more precise physician understanding of disease states,
and accelerates and de-risks targeted pharma drug discovery,
development, and commercialization.
Since our founding in 2006, CENTOGENE has been
offering rapid and reliable diagnosis – building a network of
approximately 30,000 active physicians. Our ISO, CAP, and CLIA
certified multiomic reference laboratories in Germany utilize
Phenomic, Genomic, Transcriptomic, Epigenomic, Proteomic, and
Metabolomic datasets. This data is captured in our CENTOGENE
Biodatabank, with over 850,000 patients represented from over 120
highly diverse countries, over 70% of whom are of non-European
descent. To date, the CENTOGENE Biodatabank has contributed to
generating novel insights for more than 300 peer-reviewed
publications.
By translating our data and expertise into tangible
insights, we have supported over 50 collaborations with pharma
partners. Together, we accelerate and de-risk drug discovery,
development, and commercialization in target and drug screening,
clinical development, market access and expansion, as well as
offering CENTOGENE Biodata Licenses and Insight Reports to enable a
world healed of all rare and neurodegenerative diseases.
To discover more about our products, pipeline, and
patient-driven purpose, visit www.centogene.com and follow us on
LinkedIn.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of the U.S. federal securities laws.
Statements contained herein that are not clearly historical in
nature are forward-looking, and the words “anticipate,” “believe,”
“continues,” “expect,” “estimate,” “intend,” “project,” “plan,” “is
designed to,” “potential,” “predict,” “objective” and similar
expressions and future or conditional verbs such as “will,”
“would,” “should,” “could,” “might,” “can,” and “may,” or the
negative of these are generally intended to identify
forward-looking statements. Forward-looking statements may include
statements regarding the expected timing of the closing of the
proposed transaction, the ability of the parties to complete the
proposed transaction considering the various closing conditions,
the sufficiency of the funding provided under the short-term loan
agreement to finance the Company to the closing date of the
proposed transaction, the amount of funds (if any) from the
proposed transaction available to pay to the Company’s stockholders
in a liquidation distribution, the Company’s plans to dissolve,
liquidate and suspend its reporting obligations under the U.S.
securities laws, and any assumptions underlying any of the
foregoing. Such forward-looking statements involve known and
unknown risks, uncertainties, and other important factors that may
cause CENTOGENE’s actual results, performance, or achievements to
be materially different from any future results, performance, or
achievements expressed or implied by the forward- looking
statements. Such risks and uncertainties include, among others, (i)
the risk that the proposed transaction may not be completed in a
timely manner or at all, which may adversely affect the Company’s
business and prospects, (ii) uncertainties as to the timing of the
consummation of the proposed transaction and the potential failure
to satisfy the conditions to the consummation of the proposed
transaction, including obtaining requisite regulatory approvals,
(iii) the proposed transaction may involve unexpected costs,
liabilities or delays, (iv) the effect of the announcement,
pendency or completion of the proposed transaction on the ability
of the Company to retain and hire key personnel and maintain
relationships with customers, suppliers and others with whom the
Company does business, or on the Company’s operating results and
business generally, (v) the Company’s business may suffer as a
result of uncertainty surrounding the proposed transaction and
disruption of management’s attention due to the proposed
transaction, (vi) the outcome of any legal proceedings related to
the proposed transaction or otherwise, (vii) the Company may be
adversely affected by other economic, business and/or competitive
factors, (viii) the occurrence of any event, change or other
circumstances that could give rise to the termination of the SPA
and the proposed transaction, (ix) restrictions during the pendency
of the proposed transaction that may impact the Company’s ability
to pursue certain business opportunities, (x) negative economic and
geopolitical conditions and instability and volatility in the
worldwide financial markets, (xi) possible changes in current and
proposed legislation, regulations and governmental policies, (xii)
the Company’s ability to streamline cash usage, (xiiii) the
Company’s continued ongoing compliance with covenants linked to
financial instruments, (xiv) the Company’s requirement for
additional financing and (xv) the Company’s ability to continue as
a going concern. For further information on the risks and
uncertainties that could cause actual results to differ from those
expressed in these forward-looking statements, as well as risks
relating to CENTOGENE’s business in general, see CENTOGENE’s risk
factors set forth in CENTOGENE’s Form 20-F filed on May 15, 2024,
with the Securities and Exchange Commission (the “SEC”) and
subsequent filings with the SEC. Any forward-looking statements
contained in this press release speak only as of the date hereof,
and CENTOGENE specifically disclaims any obligation to update any
forward-looking statement, whether as a result of new information,
future events, or otherwise.
CONTACT
CENTOGENEMelissa HallCorporate
Communications Press@centogene.com
Lennart StreibelInvestor Relations
IR@centogene.com
Centogene NV (NASDAQ:CNTG)
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