Circus SE Announces Capital Increase and Bookbuild Offering

Circus SE has announced a capital increase through its authorized capital. The Board of Directors has resolved to increase the share capital by up to EUR 2,418,820. This represents about 10% of its current capital. The new shares, aimed at qualified investors, will be distributed via a private placement using an accelerated bookbuilding process. This does not require a published prospectus under Regulation (EU) 2017/1129.

The increase in capital is intended to accelerate the production and delivery of Circus SE's AI system, CA-1, and support general corporate purposes. CEO Nikolas Bullwinkel and CFO Fabian Becker, among others, have committed to subscribe to new shares. The process is expected to conclude by 10 December 2025, with shares trading on the Munich Stock Exchange starting around 15 December 2025.