Cyclopharm Served with Legal Proceedings
Key points
- Cyclopharm (ASX: CYC) served with legal proceedings by 4D Medical Limited
- Proceedings allege Cyclopharm made false, misleading or deceptive comments about 4D Medical's capital raising
- Cyclopharm considers the claim lacks merit
Full summary
Cyclopharm Ltd (ASX: CYC) has been served with legal proceedings by 4D Medical Limited. The proceedings allege that comments made by Cyclopharm at its webinar presentation on 19 March 2025 in response to a question about capital raising statements made by 4D Medical were false, misleading or deceptive and caused damage to 4D Medical. Cyclopharm considers the claim lacks merit. The company has been served with the legal proceedings and will respond accordingly.
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