A contribution from deutsche-startups.de
The German Startups Group originally planned to raise up to €62 million on the stock market this summer. Now the company has raised around €10 million from investors in a private placement. The company went public on Wednesday.
The German Startups Group, which had to cancel its IPO in July, went public on Wednesday after all! There's talk of a quiet listing or a private placement."Quietly and secretly, Christoph Gerlinger and Nikolas Samios, who had failed spectacularly with their IPO plans in the summer of this year, are finally coming to the capital market”, reports the Vorstandwoche. According to the report, “In an extremely discreet placement, around 10 million euros were raised from investors”. The issue price was therefore 2.50 euros.
According to information from deutsche-startups.de within just four days. In addition to several German investment funds, a British fund is also said to be among the investors. All existing shareholders remain on board; no one has sold any shares. According to information from Frankfurt am Main, all 11,114,750 shares of the German Startups Group, which is quite controversial, has been trading on the unregulated market of the stock exchange (Entry Standard) since Wednesday. The German Startups Group originally wanted to…
