mic AG: Successful capital increase for cash capital enables access to further growth areas in the Blockchain and FinTech sectors

  • Cash inflow from cash capital increase of more than EUR 1 million secures far-reaching liquidity
  • Investment in growth in existing subsidiaries to increase sales and earnings
  • Development of new growth areas in the Blockchain and FinTech sectors is being planned

Munich, 16 October 2017 – Last Friday, October 13,2017, mic AG announced the successful execution of a cash capital increase. The share capital of the Company shall be increased by EUR 1,000,000.000.00 to EUR 14,868,000.00 by issuing 1,000,000 new no-par value bearer shares with a notional share in the share capital of EUR 1.00 each (new shares) against cash contributions, partly utilizing the authorized capital.

The issue price of the New Shares was set at EUR 1.01 per New Share, the total issue price thus amounts to EUR 1,010,000.00. Shareholders‘ subscription rights were excluded for all New Shares in accordance with § 3 (4) of the Articles of Association. The subscription of […]