on Fox E-mobility AG (isin : DE000A2NB551)
Fox e-mobility AG Announces Strategic Changes and Financial Updates
Fox e-mobility AG has announced strategic shifts, focusing development and production of MIA-type vehicles under Fox Automotive Switzerland AG and FOXMIA (Germany) GmbH. As part of these changes, the share capital of Fox Automotive Switzerland AG increased significantly, with creditors exclusively subscribing, reducing fox e-mobility AG's holding from 100% to 10.55% and achieving complete debt reduction for the Swiss firm.
The company foresees continued economic benefit via a profit transfer agreement, anticipating valuation growth from EUR 6.5 million to EUR 24 million in 2026. Furthermore, CFO/COO Philippe Perret will leave the company, with Patrick Bigger assuming leadership as CEO.
Fox e-mobility AG will publish its 2025 financial report on June 30, 2026, and the 2026 interim report on August 20, 2026, preceding the Annual General Meeting on August 28, 2026.
R. P.
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