Mobimo Holding AG completes rights offering and listing of shares on SIX Swiss Exchange arranged by UBS and ZKB
Niederer Kraft Frey advised UBS and ZKB in their capacity as joint bookrunners in Mobimo’s successful capital increase by way of a rights offering launched on 21 April 2022, in which Mobimo shareholders were allocated subscription rights in proportion to their shareholdings in Mobimo. Shares not taken up by Mobimo shareholders were subsequently sold to investors in a share placement. Mobimo has issued 660,154 registered shares with a par value of CHF 3.40 each leading to gross proceeds in an amount of approximately CHF 162 million. The proceeds raised from the capital increase will be used to support the execution of Mobimo’s growth strategy and the realisation of its development projects while maintaining a strong capital base. The newly issued registered shares are now listed and traded on SIX Swiss Exchange.
The NKF team was co-led by partners Andrea Giger and Till Spillmann, working with partner Philip Spoerlé, associates Benedikt Hadorn and Corinne Russi and junior associate Alexander Züger (all Capital Markets) as well as partner Markus Kronauer and associate Derya Özdogan (both Tax).