Tag Archives: CapLaw-2022-20

Mobimo Holding AG’s Rights Offering

On 6 May 2022, Mobimo Holding AG completed its rights offering and listing of shares on SIX Swiss Exchange arranged by UBS and ZKB. The capital increase was made by way of a rights offering launched on 21 April 2022, in which Mobimo shareholders were allocated subscription rights in proportion to their shareholdings in Mobimo. Shares not taken up by Mobimo shareholders were subsequently sold to investors in a share placement. Mobimo has issued 660,154 registered shares with a par value of CHF 3.40 each leading to gross proceeds in an amount of approximately CHF 162 million. The proceeds raised from the capital increase will be used to support the execution of Mobimo’s growth strategy and the realisation of its development projects while maintaining a strong capital base.