on UET United Electronic Technology AG (ETR:CFC)
Aconnic AG Unveils Revised Fundraising Initiative to Bolster Business and Refinance Obligations
Munich-based aconnic AG has introduced a refined fundraising strategy aimed at securing necessary working capital to manage a growing order backlog and refinance existing debt. The plan features a financing facility up to EUR 35 million for its Communication Networks sector, with discussions already in progress. The company is also negotiating additional financing for its Carbon Capturing & Bio-Energy division.
Previous efforts to raise EUR 18 million through capital increase and convertible bonds faced delays. Although investor terms remain unchanged, recent geopolitical and economic shifts, particularly in the Middle East, forecast potential further delays.
Despite revenue declines in 2024 and 2025, aconnic has maintained its R&D investment, focusing on fiber network migration and new product rollouts. The total order intake in early 2026 stands at roughly EUR 27 million.
R. H.
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