Mynaric AG sets issue price at 54.00 euros per share

Mynaric AG sets issue price at 54.00 euros per share

Munich, 25 October 2017 – Mynaric AG, a specialist for innovative laser-based communication networks in air and in space, has set the issue price for its shares at 54.00 euros per share. The price was therefore at the upper end of the price range between 45.00 and 54.00 euros per share. At the placement price, the IPO of Mynaric AG was covered over 4 times.

The offering of Mynaric AG included up to 440,000 shares from a capital increase and an overallotment option (‘green-shoe option’) consisting of up to 66,000 shares, also from a capital increase. All 506,000 shares offered were placed. The placement volume including the green-shoe option therefore totals around 27.3 million euros.

The proceeds generated by the IPO are intended primarily for the creation of serial production capabilities. This requires investments in measurement systems and assembly. In addition, the proceeds are to be used to fund the further development of laser terminals for space, the general improvement of the perfor-mance of the products and continued internationalisation.

The shares of Mynaric AG are expected to be traded in the scale segment of the Frankfurt Stock Exchange from 30 October 2017. The shares carry the International Securities Identification Number (ISIN) DE000A0JCY11 and the securities identification number (WKN) A0JCY1.

Hauck & Aufhäuser is acting as sole global coordinator and bookrunner for the IPO.

About Mynaric AG

Mynaric (formerly Vialight Communications) is a manufacturer of laser communications technologies for building dynamic communications networks in the air and in space. Its products for wireless data transmission include ground stations and laser terminals that make it possible to transmit very large volumes of data wirelessly at high speed over long distances.



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Important information

This announcement does not contain or constitute an offer to sell nor a solicitation to buy or sub-scribe for securities. The offer has ended. It is no longer possible to subscribe for Mynaric AG shares via this offer. The offer in Germany was made exclusively on the basis of the published securities prospectus deposited with the Federal Financial Supervisory Authority (BaFin). The secu-rities prospectus is available free of charge at Mynaric AG, Friedrichshafener Straße 3, 82205 Gilching, Germany, and at under the menu item “Investor Relations”.

This announcement is not an offer of securities for sale in the United States of America (the “Unit-ed States”). Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). Any public offering of securities to be made in the United States would be made by means of a prospectus that could be obtained from the Company and that would contain detailed infor-mation about the Company and its management, as well as the financial statements of the Com-pany. There will be no public offer of the securities in the United States.

In the United Kingdom, this information is directed at and/or for distribution only to (i) investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) high net worth companies falling within article 49(2)(a) to (d) of the Order (all such persons are collectively referred to herein as “relevant persons”). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this information or any of its contents.

Subject to certain exceptions under the Securities Act, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan.

Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as “expect,” “believe,” “anticipate,” “estimate,” “intend,” “will,” “could,” “may” or “might,” or, in each case, the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with our industry, as well as many other risks specifically related to the Company and its operations.