SZA Schilling, Zutt & Anschütz advises euromicron AG on Funkwerk's entry as strategic anchor investor by means of cash capital increase
euromicron AG, a medium-sized technology group and specialist for the cross-linking of business and production processes, has won Funkwerk AG, Kölleda, as a strategic anchor investor. Funkwerk AG is a leading provider of innovative communication, information and security systems and intends to acquire a total of up to around 28% of euromicron AG's increased share capital following the implementation of the approved capital measures.
The new shares are to be issued in the form of cash capital increases in two tranches. With the first tranche, 717,639 new shares were issued to Funkwerk in a private placement, excluding shareholders' subscription rights, for gross proceeds of approximately 2.4 million euros. The second tranche is to be issued as part of a cash capital increase with subscription rights without a prospectus and with gross proceeds of up to approx. 7.3 million euros.
SZA advised euromicron AG with a team led by Dr. Christoph Nolden (lead partner), Markus Pfüller (partner capital market law), Dr. Cäcilie Lüneborg (corporate), Joachim Nerz (capital market law), Dr. Michael Maxim Cohen (corporate/M&A) and Dr. Fabian Ibel (all Frankfurt).
For almost a century, Schilling, Zutt & Anschütz has been one of the most reputable German corporate law firms. With more than 80 attorneys and offices in Frankfurt, Mannheim, Munich and Brussels, we advise national and international clients on complex commercial law issues, in particular in the areas of corporate law, M&A, capital market law, banking & finance, labour law, intellectual property law, competition law, litigation, public law, tax law and insolvency law.
SZA Schilling, Zutt & Anschütz Rechtsanwaltsgesellschaft mbH
Dr. Marc Löbbe Taunusanlage 1 60329 Frankfurt am Main Phone: +49 69 976 9601 201 Email Marc.Loebbe@sza.de
Dr. Michaela Balke Otto-Beck-Str. 11 68165 Mannheim Phone: +49 621 4257 205 Email: Michaela.Balke@sza.