Aconnic AG Announces the Closing of Capital Increase

aconnic AG, based in Munich, has announced the successful completion of a capital increase by 1,000,000 EUR through the exercise of a conversion option on a convertible bond. This process has been finalized with an entry in the commercial register, bringing the company's share capital to 16,240,000 EUR.

The capital increase is part of aconnic AG's strategy to strengthen its capital base by converting debt into equity. Originally announced on July 12, 2024, the conversion involves a partial liability of 1.0 mn EUR from an existing convertible bond with a total volume of 3.0 mn EUR. This has been achieved by issuing 1,000,000 new shares with a notional nominal value of 1.00 EUR per share.

The new shares will be admitted to public trading following the application. This step is intended to enhance the company's financial stability and support its ongoing operations.