On August 23, 2019, euromicron AG (XTRA:EUCA) closed the transaction. The company has issued 2,152,919 shares at a price of of 3.40 per share for gross proceeds 7,319,924.6 in its second tranche. The company has received 9,759,897.2 in the transaction.
Funkwerk AG (DB:FEW) subscribed to 1,543,256 shares at a price 3.40 per share in two tranches for 5,247,070.4 and acquired 15.36% stake in the company. All securities issued in the transaction will have a hold period of one year from the date of issuance.