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on Altech Advanced Materials AG (isin : DE000A2BPG14)

Altech Advanced Materials AG Concludes Capital Increase with EUR 809,836.80

Altech Advanced Materials AG has announced the successful conclusion of its capital increase, raising a total of EUR 809,836.80. This amount was achieved through a rights issue followed by a private placement. The process concluded on October 31, 2024.

The capital increase will soon be officially recorded in the commercial register. Subscribers of the new shares are anticipated to receive their allocations by mid-November.

As a publicly traded holding company based in Frankfurt, Altech Advanced Materials AG is actively pursuing opportunities in the solid-state battery market. It aims to enhance electromobility with innovative anode materials.

R. E.

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