Existing shareholders have already committed Frankfurt am Main / Saarbrucken – for transferring the capital increase 12 September 2012 – the Board of Directors of the nanotechnology startup participation ItN Nanovation AG (ISIN DE000A0JL461) has today decided a capital increase with the approval of the Supervisory Board. Taking advantage of available authorized capital the share capital of ItN Nanovation AG previously 10.993.802 EUR 838.964 EUR will be increased under exclusion of subscription rights no-par-value shares to 11.832.766 EUR in cash by issuing by 838.964 on the holder. There are already binding acquisition commitments from the circle of the existing shareholders for the entire capital increase. The issue price was set in the immediate vicinity of the exchange rate. The new shares will be entitled to dividends as of January 1, 2012.
The company expects an inflow of net EUR 1.2 million from the capital increase. The funds flowing to the society are used to strengthen the equity of ItN Nanovation AG. The acquiring shareholders expressing confidence in the company by the acquisition of the capital increase. Nano launch: The Nano launch AG is a leading nanotechnology investment company. The company invested venture capital (venture capital, VC) in young promising nanotechnology companies. Thereby, Nanostart invests globally and at different stages of development. The investments of the company focus on innovative sectors such as Cleantech, life sciences and IT/electronics.
Nanostart invests directly in nanotechnology companies, or through regional nanotechnology Fund. The headquarters of nano start AG is Frankfurt am Main. Through its subsidiary in Singapore, which Nanostart Asia Pacific, invests them as partners of the Government of Singapore. About ItN Nanovation: The ItN Nanovation (ISIN DE000A0JL461) is one of the leading nanotechnology companies in Germany. The company develops innovative ceramic products such as filter systems and coatings for industrial wholesale. The required nano-scale Powder is the company itself. ItN Nanovation’s filtration products can be used to drinking water treatment, water purification, as a filter in the beverage industry as well as for the separation of oil and water. Ceramic coatings based on nano technology used as a protective and catalytic layers in a wide range of application in different industries, from the oven over the aluminum Foundry to coal power plant. ItN Nanovation was formed in 2000. The company’s success is based on an extensive patent portfolio, combined with comprehensive development and application know-how. See for more information about the company. Disclaimer: This communication is neither an offer to sell nor a solicitation of an offer to purchase or to subscribe for securities. A public offer (IPO) of securities of nano start AG in connection with the listing of shares in the portion of the segment (open market) of the Frankfurt Stock Exchange, the “entry standard” does not take place.