DGAP-Adhoc

Mynaric AG: Successful pre-placement and determination of subscription price, number of new shares and subscription ratio for subscription rights capital increase - Seite 2

 

The subscription offer for shareholders will tentatively be published in the German Federal Gazette (Bundesanzeiger) on 9 October 2020. The subscription period will tentatively begin on and including 13 October 2020 and will expire at the end of and including 26 October 2020. Subscription rights that are not exercised upon the end of the subscription period will expire. The subscription rights (ISIN DE000A289WW7) for the New Shares are expected to be traded on the Frankfurt Stock Exchange during the period from on or about 16 October 2020 until on or about 22 October 2020 (until approximately 12:00 noon CEST). The existing shares are expected to be listed "ex subscription right" in the open market (Scale segment) of the Frankfurt Stock Exchange starting on or about 13 October 2020. New Shares sold in the pre-placement that are not subject to claw-back are expected to be delivered on or about 15 October 2020. New Shares subscribed in the subscription offer, as well as New Shares subject to claw-back that were not subscribed in the subscription offer, are expected to be delivered on or about 2 November 2020. The subscription offer is subject to, among other things, the publication of a securities prospectus, which is expected to be approved by the German federal financial services supervisory authority (Bundesanstalt für Finanzdienstleistungsaufsicht) on or about 9 October 2020.
 

By including a claw-back feature in the pre-placement share allocation, Hauck & Aufhäuser Privatbankiers AG has ensured that sufficient New Shares subject to subscription rights will be available for subscription by the shareholders of Mynaric AG participating in this subscription offer, except for those subscription rights which certain existing shareholders have waived and transferred to Hauck & Aufhäuser Privatbankiers AG.
 

Hauck & Aufhäuser Privatbankiers AG acted as Sole Global Coordinator and Sole Bookrunner in the capital increase.

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Information and Explanation of the Issuer to this News:

About Mynaric

Mynaric is a manufacturer of laser communication technologies used to establish dynamic communication networks in air and space. Its laser data transmission products include ground stations and flight terminals, which allow very large quantities of data to be sent wirelessly over long distances between aircraft, autonomous drones, high altitude platforms, satellites and the ground at high data rates.