DGAP-News
InFin Innovative Finance AG: Mars One Takeover Approved by InFin Shareholders
DGAP-News: InFin Innovative Finance AG / Key word(s): Takeover
InFin Innovative Finance AG: Mars One Takeover Approved by InFin
Shareholders
02.12.2016 / 18:15
The issuer is solely responsible for the content of this announcement.
InFin Innovative Finance AG: Mars One Takeover Approved by InFin
Shareholders
02.12.2016 / 18:15
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Mars One Takeover Approved by InFin Shareholders
Takeover provides a new avenue of funding the next phase of the Mars
mission.
Frankfurt, December 2nd, 2016 - Mars One and InFin Innovative Finance AG
[FRA:KCC] ("InFin") are pleased to announce that the InFin shareholders
have approved the acquisition of Mars One Ventures PLC ("Mars One
Ventures") by InFin. The acquisition is now only pending approval by the
board of Mars One Ventures. The takeover provides a solid path to funding
the next steps of Mars One's mission to establish a permanent human
settlement on Mars. Those steps include reducing the remaining 100
astronaut candidates to just 24, as well as continuing the mission design
phase with Mars One's technology suppliers.
In the general assembly meeting earlier today, 18.81% of the InFin
shareholders were present in person or by proxy. All shareholders present
have voted in favor of the agreement with Mars One. The agreement involves
issuing 478,887,500 new shares for purchase of the Mars One Ventures PLC
shares, appointing Suzanne Flinkenflögel and Bas Lansdorp to the board and
renaming InFin to Mars One Ventures AG. The shareholders have also approved
issuing up to 248,497,000 new shares for the capital raise that is
currently ongoing.
Professor Moritz Hunzinger, CEO of InFin, says: "The board of InFin has
received a strong mandate from its shareholders for the Mars One Ventures
takeover. We're looking forward to the exciting new steps that lay ahead."
Bas Lansdorp, CEO and co-founder of Mars One, says "This is a crucial step
forward in the acquisition discussions and we're very pleased with
receiving the overwhelming support from the InFin shareholders and the fast
pace of the process. The Mars One board will approve the acquisition as
soon as possible. Once this deal is completed, we'll be in a much stronger
financial position as we begin the next phase of our mission. Very exciting
times!"
About Mars One
Mars One aims to establish a permanent human settlement on Mars. Before
carefully selected and trained crews will depart to Mars, several unmanned
missions will be completed, establishing a habitable settlement waiting for
the first astronauts to arrive.
Mars One consists of two entities: the Dutch not-for-profit Mars One
Foundation and a British public limited company Mars One Ventures PLC (Mars
One Ventures). The Mars One Foundation implements, and manages the mission
and owns the mission hardware. It also selects and trains the crews, and is
building an ever growing community of experts and supporters that follow
the progress of the mission and contribute to it.
Mars One Ventures holds the exclusive monetization rights around the Mars
One mission. There are many revenue possibilities around the mission to
Mars: merchandise, ads on video content, broadcasting rights, partnerships,
Intellectual Property, events, games, apps, and many more.
For more information about Mars One, please visit www.mars-one.com.
About InFin Innovative Finance
InFin Innovative Finance AG (Basel, Switzerland) provides innovative
services within the scope of financing, setting up, building, acquiring,
managing and selling companies and participations in companies at home and
abroad as well as holding and managing licenses and patents of all kinds.
After the completion of the full takeover of Mars One, the company will
trade as "Mars One Ventures AG" and henceforth change its business purpose
accordingly.
For more information about InFin, please visit infin-innovative.com.
---------------------------------------------------------------------------
02.12.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: InFin Innovative Finance AG
Birsigstr. 2
4054 Basel
Switzerland
Phone: +41 61 312 34 11
E-mail: ir@infin-innovative.com
Internet: www.infin-innovative.com
ISIN: CH0132106482
WKN: A14NYB
Listed: Regulated Market in Frankfurt (General Standard);
Regulated Unofficial Market in Munich
End of News DGAP News Service
---------------------------------------------------------------------------
526507 02.12.2016
Mars One Takeover Approved by InFin Shareholders
Takeover provides a new avenue of funding the next phase of the Mars
mission.
Frankfurt, December 2nd, 2016 - Mars One and InFin Innovative Finance AG
[FRA:KCC] ("InFin") are pleased to announce that the InFin shareholders
have approved the acquisition of Mars One Ventures PLC ("Mars One
Ventures") by InFin. The acquisition is now only pending approval by the
board of Mars One Ventures. The takeover provides a solid path to funding
the next steps of Mars One's mission to establish a permanent human
settlement on Mars. Those steps include reducing the remaining 100
astronaut candidates to just 24, as well as continuing the mission design
phase with Mars One's technology suppliers.
In the general assembly meeting earlier today, 18.81% of the InFin
shareholders were present in person or by proxy. All shareholders present
have voted in favor of the agreement with Mars One. The agreement involves
issuing 478,887,500 new shares for purchase of the Mars One Ventures PLC
shares, appointing Suzanne Flinkenflögel and Bas Lansdorp to the board and
renaming InFin to Mars One Ventures AG. The shareholders have also approved
issuing up to 248,497,000 new shares for the capital raise that is
currently ongoing.
Professor Moritz Hunzinger, CEO of InFin, says: "The board of InFin has
received a strong mandate from its shareholders for the Mars One Ventures
takeover. We're looking forward to the exciting new steps that lay ahead."
Bas Lansdorp, CEO and co-founder of Mars One, says "This is a crucial step
forward in the acquisition discussions and we're very pleased with
receiving the overwhelming support from the InFin shareholders and the fast
pace of the process. The Mars One board will approve the acquisition as
soon as possible. Once this deal is completed, we'll be in a much stronger
financial position as we begin the next phase of our mission. Very exciting
times!"
About Mars One
Mars One aims to establish a permanent human settlement on Mars. Before
carefully selected and trained crews will depart to Mars, several unmanned
missions will be completed, establishing a habitable settlement waiting for
the first astronauts to arrive.
Mars One consists of two entities: the Dutch not-for-profit Mars One
Foundation and a British public limited company Mars One Ventures PLC (Mars
One Ventures). The Mars One Foundation implements, and manages the mission
and owns the mission hardware. It also selects and trains the crews, and is
building an ever growing community of experts and supporters that follow
the progress of the mission and contribute to it.
Mars One Ventures holds the exclusive monetization rights around the Mars
One mission. There are many revenue possibilities around the mission to
Mars: merchandise, ads on video content, broadcasting rights, partnerships,
Intellectual Property, events, games, apps, and many more.
For more information about Mars One, please visit www.mars-one.com.
About InFin Innovative Finance
InFin Innovative Finance AG (Basel, Switzerland) provides innovative
services within the scope of financing, setting up, building, acquiring,
managing and selling companies and participations in companies at home and
abroad as well as holding and managing licenses and patents of all kinds.
After the completion of the full takeover of Mars One, the company will
trade as "Mars One Ventures AG" and henceforth change its business purpose
accordingly.
For more information about InFin, please visit infin-innovative.com.
---------------------------------------------------------------------------
02.12.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: InFin Innovative Finance AG
Birsigstr. 2
4054 Basel
Switzerland
Phone: +41 61 312 34 11
E-mail: ir@infin-innovative.com
Internet: www.infin-innovative.com
ISIN: CH0132106482
WKN: A14NYB
Listed: Regulated Market in Frankfurt (General Standard);
Regulated Unofficial Market in Munich
End of News DGAP News Service
---------------------------------------------------------------------------
526507 02.12.2016
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