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Monday, July 31, 2023

OKYO Pharma Limited Announces Withdrawal of Public Offering

 OKYO Pharma Limited (Nasdaq: OKYO) (“OKYO” or the “Company”), an ophthalmology-focused bio-pharmaceutical company which is developing OK-101 to treat dry eye disease (DED) to address the significant unmet need in this multi-billion-dollar market, today announced the withdrawal of its proposed public offering of ordinary shares. The decision was made in response to changing market conditions and the Company's commitment to prioritizing the best interests of its shareholders and stakeholders.

OKYO Pharma's management, including CEO Gary Jacob, carefully evaluated the current financial landscape and concluded that it is in the best interest of the Company and its shareholders to withdraw the public offering at this time.

https://finance.yahoo.com/news/okyo-pharma-limited-announces-withdrawal-061800408.html

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