Enapter AG Achieves €12 Million Through Over-Subscribed Capital Increase

Enapter AG has successfully closed its cash capital increase, raising over €12 million. Announced on December 11, 2025, the initiative saw a 46% oversubscription, with existing shareholders getting an allocation ratio of approximately 64%. The shares, priced at €1.58 each, increase total share capital to €32,071,922. Enapter AG plans to list the new shares on the Frankfurt and Hamburg stock exchanges by December 16, 2025. These shares will be eligible for dividends from January 2025.

The capital increase forms part of a multi-stage financial strategy. It includes a zero-coupon mandatory convertible bond worth €9.6 million, backed by institutional investors Svelland Global Trading Master Fund Limited and CVI-Investments, Inc. Both investors agreed to a six-month lock-up period on these and previously held shares, ensuring around 65% of post-increase shares remain locked up.