Gilching, August 3, 2020 - The management board of Mynaric AG (ISIN: DE000A0JCY11 / WKN: A0JCY1) has, by partially utilizing the authorization granted by the Annual General Meeting of the Company on June 12, 2020 to issue convertible bonds ('Conditional Capital 2020/II'), issued a convertible bond with a total nominal value of EUR 5,000,000.

The convertible bond was subscribed by a qualified investor. The convertible bond has a term until December 31, 2020 and a fixed conversion price per new share of EUR 56.00. In the event of full conversion, approx. 2.9% of the current share capital would be issued.

In addition, a loan in the amount of EUR 2.5 million was raised, so that the company will receive a total of EUR 7.5 million in debt.

Hauck & Aufhäuser Privatbankiers AG acted as Sole Lead Manager for both capital measures.

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Mynaric AG published this content on 03 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 August 2020 13:37:05 UTC