DGAP-Adhoc: Mynaric AG: Implementation of a capital increase from authorized capital resolved
DGAP-Ad-hoc: Mynaric AG / Key word(s): Capital Increase NOT TO BE PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN OR IN OR INTO ANY OTHER JURISDICTION IN WHICH SUCH A PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. FURTHER RESTRICTIONS APPLY. Mynaric intends to use the funds from the capital increase to further expand the production of its laser communication products, to expand customer acquisition, in particular by strengthening its activities in the USA, and to secure and strengthen its competitive position through further research and development. The new shares are to be offered exclusively to institutional investors in a private placement by means of an accelerated bookbuilding process, which will be initiated immediately after this announcement. To the extent that new shares are also to be offered to institutional investors in the United States of America, this will be done exclusively pursuant to Rule 144A of the Securities Act of 1933. The exact number of shares to be issued and the placement price will be determined by the Management Board after completion of the accelerated bookbuilding process. It is intended to include the new shares in the existing listing of the company's shares on February 10, 2020. Delivery of the new shares is also scheduled for February 10, 2020. Hauck & Aufhäuser Privatbankiers AG will be acting as Sole Bookrunner in the transaction. Information and Explanation of the Issuer to this News: About Mynaric Globally, the need for fast and secure connectivity is advancing inexorably. Data networks are today largely based on infrastructure on the ground, which cannot be expanded arbitrarily for legal, economic or practical reasons. The future therefore calls for an expansion of the existing network infrastructure into air and space. With its wireless laser communication products Mynaric is positioned as a prime pioneer in this growth market. For more information see: www.mynaric.com
Important Information In the United Kingdom, this information may only be forwarded, and is only directed, to (i) investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 as amended (the 'Order'), or (ii) high net worth companies, falling under 49(2)(a) to (d) of the Order (all such persons together being referred to herein as 'Relevant Persons'). The securities may only be obtained by Relevant Persons, and any offer to subscribe for or purchase or otherwise acquire such securities and any offer or agreement in such regard will only be made to or entered into with Relevant Persons. Each person who is not a Relevant Person must not act or rely on this communication or its contents. Subject to certain exemptions, the securities referenced in this announcement must not be sold or offered for sale in Australia, Canada or Japan, or to or for the account of persons domiciled or residing in Australia, Canada or Japan. Neither Mynaric AG nor any of its affiliates has taken any measures that would allow for a public offer of the securities or the possession or distribution of this announcement or any other offer or marketing material in connection with these securities in any jurisdiction in which such measures are necessary. In member states of the European Economic Area ('EEA'), in which the regulation (EU) 2017/1129 as amended (the 'Prospectus Regulation') is in effect (the 'Relevant Member States'), this announcement, and any offer following it, is only addressed to persons who are 'qualified investors' within the meaning of Article 2(e) of the Prospectus Regulation ('Qualified Investors'). It is assumed that each person in the Relevant Member States who acquires or is offered securities as part of an offering (an 'Investor') has represented and agreed that such person is a Qualified Investor; that securities purchased by such person as part of the offering are not being purchased for any person in the EEA other than a Qualified Investor or persons in the United Kingdom or another Relevant Member State with comparable legal provisions, with respect to whom the Investor may make decisions at its own discretion; and that the securities would not be purchased for offer or re-sale in the EEA, if this would lead to Mynaric AG or any of its affiliates being required to publish a prospectus under Article 3 of the Prospectus Regulation. This announcement contains forward-looking statements that are subject to certain risks and uncertainties. Future results may differ significantly from the results that are currently expected, in particular as a result of a number of risk factors and uncertainties such as changes in the business, economic or competitive environments, exchange rate fluctuations, uncertainties related to legal disputes or investigations and the availability of funds. Mynaric AG assumes no responsibility to update the forward-looking statements contained in this announcement.
04-Feb-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Mynaric AG |
Dornierstr. 19 | |
82205 Gilching | |
Germany | |
Phone: | +49 8105 7999 0 |
E-mail: | [email protected] |
Internet: | www.mynaric.com |
ISIN: | DE000A0JCY11 |
WKN: | A0JCY1 |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 963215 |
End of Announcement | DGAP News Service |
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963215 04-Feb-2020 CET/CEST