Cherry SE Schedules Extraordinary General Meeting for Key Initiatives

Cherry SE, based in Munich, has announced the convening of an Extraordinary General Meeting on May 22, 2026. The global manufacturer seeks shareholder approval for a reverse share split in a 4:1 ratio. This move aims to mitigate accumulated balance sheet losses and reaffirm the company's capital market eligibility. Such financial restructuring aligns with Cherry SE's ongoing evaluation of financing options to bolster future growth. The company's annual financial report publication has been deferred to July 15, 2026, due to the appointment of a new auditor, impacting reporting timelines.

Despite the delay, preliminary fiscal results for 2025 were disclosed on March 5, 2026, with the complete Q1/2025 report set for release on May 7, 2026, online. The shareholder meeting provides a degree of separation from the adjusted financial report schedule, ensuring independent progression of market eligibility restoration efforts.