18.12.2024 17:49:09

EQS-Adhoc: fox e-mobility AG: final deadline for Yangji Investment Partners LLC, sale of treasury shares, date of the Annual General Meeting

EQS-Ad-hoc: fox e-mobility AG / Key word(s): Transaction in Own Shares/AGM/EGM
fox e-mobility AG: final deadline for Yangji Investment Partners LLC, sale of treasury shares, date of the Annual General Meeting

18-Dec-2024 / 17:49 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


Final deadline for Yangji Investment Partners LLC, sale of treasury shares, date of the Annual General Meeting

  1. Final deadline for Yangji Investment Partners LLC

Today, the company has given Yangji Investment Partners LLC a final deadline until 31 December 2024 to fully execute at least the first tranche (2 million Euro) of the credit facility of 10 million Euro agreed in 2023.

  1. Sale of treasury shares

Due to the lack of liquidity caused by the permanent non-performance of the credit facility by Yangji Investment Partners LLC, the company has decided to sell up to 5,321,365 of its treasury shares via Fox Automotive Switzerland AG on the Düsseldorf, Berlin and Hamburg stock exchanges. The proceeds are to be used to settle the operating expenses of the company and of Fox Automotive Switzerland AG.

  1. Date of the Annual General Meeting

The Annual General Meeting for the 2022 financial year will take place on Friday 31 January 2025 in Düsseldorf. Due to the notification pursuant to Section 92 (1) AktG., extensive capital measures shall be decided at the Annual General Meeting.

The invitation to the Annual General Meeting will be published on 23 December 2024 in the Federal Gazette and on the company's website at:

https://fox-em.com/hauptversammlung/

 

 

 



End of Inside Information

18-Dec-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: fox e-mobility AG
Königsallee 61
40215 Düsseldorf
Germany
Internet: www.fox-em.com
ISIN: DE000A3EX222
WKN: A3EX22
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg
EQS News ID: 2054179

 
End of Announcement EQS News Service

2054179  18-Dec-2024 CET/CEST

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