mVISE AG (XTRA:C1V) agreed to acquire Opcyc GmbH from catinedo AG for ?11.55 million on November 24, 2023. At the general meeting of mVISE the shareholders approved the purchase of opcyc. Catinedo will receive a purchase price claim in the amount of the agreed purchase price of ?11.55 million which it will exchange for the issue of 11 million new company shares at the calculated issue price of ?1.05 per new share should be brought into the company by the selling catinedo.

There is no cash component included in the transaction. Ralf Thomas, previously appointed as Chief Executive Officer of mVISE AG until August 31, 2025, will be re-appointed by the Supervisory Board upon completion of the transaction for a further two years until August 31, 2027, in order to support the integration of opcyc and the restructuring of mVISE in the long term.