UPDATE Aug 26: Mynaric Chief Executive Mustafa Veziroglu is leaving the company following the Aug. 20 announcement of a liquidity crisis that will force a review of strategic options. Andreas Reif has been appointed chief restructuring officer, tasked with "reducing costs and near-term cash consumption while working closely with our customres to meet their requirements."
The company has rescheduled its Aug. 29 annual general meeting of shareholders to a date yet to be determined. Mynaric said Veziroglu's departure was "jointly decided." Reif is a former CFO of FACT-M Management Services . . .
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