Lipum AB – Report from the Extraordinary General Meeting

Press release: Umeå, October 12, 2022. The Extraordinary General Meeting (the “EGM”) in Lipum AB (publ), corporate identity number 556813-5999 (”Lipum” or the “Company”), today resolved to approve the Board of Directors’ resolution on a directed share issue of 2,601,732 new shares.

The EGM resolved to approve the Board of Directors’ previous resolution on September 22, 2022 on a directed share issue of 2,601,732 shares, whereby the share capital increases by SEK 650,433.

The minutes from the EGM (in Swedish) will be available on Lipum’s website, www.lipum.se/bolagsstyrning/.

For further information please contact:

Einar Pontén, CEO
E-mail: einar.ponten@lipum.se
Mobile phone: +46 70 578 34 95
Web: www.lipum.se

About Lipum

Lipum AB (publ) is a biopharmaceutical company specialized in discovery and development of a novel treatment for chronic inflammatory diseases. The lead candidate SOL-116 is a humanized antibody designed to provide efficacious therapy by blocking a previously overlooked target molecule of the immune system (BSSL). SOL-116 is in late preclinical stage supported by solid data for rheumatoid arthritis. Lipum also explores other inflammatory diseases with a high unmet medical need. The Company is based in Umeå, an excellent life science cluster in Sweden. Lipum’s unique approach has attracted international attention, including a major European Commission Horizon 2020 grant. The Company's share (LIPUM) is traded on the Nasdaq First North Growth Market. Certified Adviser is G&W Fondkommission.

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