Fox E-Mobility AG Issues Convertible Bonds Worth EUR 19.33 Million

Fox E-Mobility AG, a company listed on the Düsseldorf and Hamburg stock exchanges, has announced the issuance of three convertible bonds totaling up to EUR 19,331,000. These bonds, categorized as Type A, B, and C, were subscribed on May 15, 2026, primarily by PME Capital Financiere S.A. from Liechtenstein. The offering resulted in EUR 13,331,000 of bonds issued as part of capital measures including a significant acquisition and liability restructuring.

The issuance supports strategic investments, notably a EUR 6,000,000 shareholding in Silesian Power S.A., and a EUR 3,000,000 stake in BP2 Invest AG. The convertible bonds, bearing no interest, are set to convert into shares upon maturity at a fixed conversion rate. Additionally, they come with warrants allowing subscribers to purchase further shares at market-adjusted prices but not less than EUR 1.20.