468 SPAC II SE

Marley Spoon SE starts trading on the Frankfurt Stock Exchange through successful business combination with 468 SPAC II SE

EQS-Media / 11.07.2023 / 07:30 CET/CEST NOT FOR DISTRIBUTION, PUBLICATION OR FORWARDING, EITHER DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS PUBLICATION. Press Release

Marley Spoon SE starts trading on the Frankfurt Stock Exchange through successful business combination with 468 SPAC II SE

Luxembourg, Berlin – July 11, 2023 – Marley Spoon SE (“Marley Spoon”), one of the leading global subscription-based meal kit providers, will start trading today on the Frankfurt Stock Exchange under the ticker symbol "MS1" through the business combination with 468 SPAC II SE (trading as Marley Spoon Group SE from 13 July). Marley Spoon and 468 SPAC II SE ("468 SPAC II"), a Luxembourg special purpose acquisition company (SPAC) sponsored by Alexander Kudlich, Ludwig Ensthaler and Florian Leibert (General Partners of 468 Capital and serial SPAC-sponsors) closed their previously announced business combination on July 6, 2023 following which the combined entity will operate as “Marley Spoon Group”.

The business combination and related pre-De-SPAC private placement resulted in approximately EUR 44.9 million of raised capital. The proceeds are planned to be invested in further accelerating growth, as well as reinforcing the working capital buffer and strengthening the balance sheet to be best positioned to capture multi-dimensional growth opportunities.

Fabian Siegel, Founder and CEO, Marley Spoon: "Today is an amazing day for Marley Spoon. We are delighted to join some of the world's most renowned brands and companies on the Frankfurt Stock Exchange, which we believe exhibits technological affinity and liquidity, and which is the more natural listing venue for Marley Spoon, a European-based company founded in Berlin in 2014. While we celebrate our successful listing today, our focus is fully on the future: we look forward to building on our success to continue our growth story. We are excited to embark on this new trajectory for our business along with our team members, our customers and our investors, and lead the digital transformation of our industry."