Item 8.01 Other Events.

Mymetics Corporation (the "Company") has been conducting a process to explore strategic alternatives to enhance shareholder value. The Board authorized management and its external advisors to initiate such a process, and it has been considering a broad range of strategic alternatives including a potential sale of part or all of the Company.

In connection therewith, the Company, through its external advisors, has requested bids (the "Bid Process") for any combination of assets (including but not limited to as a going concern), by February 24, 2023 at 5:00 pm ET (the "Bid Deadline"). To the extent the Company determines there are viable bids by or prior to the Bid Deadline, the Company anticipates pursuing those in due course. To the extent the Company determines there are no viable bids provided by or prior the Bid Deadline, the Company may consider other alternatives, including the wind up of its operations shortly after the Bid Deadline.

There can be no assurance that the Bid Process will result in a sale of part or all of the Company or other change or outcome.

The Company has retained Rock Creek Advisors as financial advisor and McDermott, Will & Emery LLP as legal counsel in connection with the Bid Process.






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