Pixium Vision today announced the opening of a safeguard procedure by the Paris Commercial Court, as it is unable to meet its financial obligations after the end of November 2023 without placing itself under the protection of the court.

The court has opened a six-month observation period, during which Pixium Vision and the court-appointed administrators will work on all possible restructuring solutions, including a possible sale of all or part of the company's assets.

Given the opening of this safeguard procedure, the bioelectronics company is not in a position to finalize its financial statements for the first half of 2023 within the aforementioned timeframe, which will therefore be published at a later date.

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