Mynaric | $M0YN (+0.61%) enters into negotiations on further financing with existing lender under the condition of restructuring according to StaRUG and postpones the Annual General Meeting
My guess is unprofitable and therefore unfavorable in this interest rate environment. Sounds like an interesting deal, but in the current risk-off mode, you don't like to have such suckers in your portfolios, hence the sell-off.
