Fox e-mobility AG: further reduction of liabilities of Atlas Special Opportunities LLC Mandatory Bonding

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DGAP-Ad-hoc: fox e-mobility AG / Key word(s): Bond
fox e-mobility AG: further reduction of liabilities of Atlas Special Opportunities LLC Mandatory Bonding

May 23, 2022 / 1:50 p.m. CET/CEST
Disclosure of privileged information according to. in Article 17 MAR of Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Public communication of inside information in accordance with article 17 MAR

NOT FOR DISTRIBUTION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION OR DISTRIBUTION WOULD BE ILLEGAL. ADDITIONAL RESTRICTIONS APPLY.

fox e-mobility AG: further reduction of liabilities of Atlas Special Opportunities LLC Mandatory Bonding

Munich, May 23, 2022 ? The board of directors of fox e-mobility AG (DE000A2NB551) announces that the company has today acquired 500,000 shares of fox e-mobility AG as treasury shares from a shareholder against a long-term convertible loan to transfer these shares along with another 1,094,719 fox e-mobility shares held by the group to Atlas Special Opportunities LLC. The transfer of the shares to Atlas serves exclusively to settle a claim of Atlas Special Opportunities LLC on the convertible bond issued in 2021. It is contractually agreed between Atlas Special Opportunities LLC and fox e-mobility AG that the transfer of the then total of 1 594,719 will settle a claim of EUR 590,827 from Atlas Special Opportunities LLC which is due on May 31, 2022.

The remaining convertible bonds in the amount of 1.6 million euros still have a duration of approximately 2.5 years. fox e-mobility AG has also agreed with Atlas Special Opportunities LLC that these can also be redeemed earlier.

Contact

[email protected]

Tongue: English
Company: fox e-mobility AG
Herzogspitalstraße 24
803331Munich
Germany
E-mail: [email protected]
The Internet: fox-em.com
IS IN: DE000A2NB551
WKN: A2NB55
Scholarships: Open market in Dusseldorf, Hamburg, Berlin

Important information:

The dissemination of this information and the offering of securities by fox e-mobility AG are subject to legal restrictions in various jurisdictions. Persons into whose possession this document comes are urged to inform themselves of any such restrictions. This announcement does not represent an offer to buy securities or the solicitation of an offer to sell securities by persons in the United States of America, Australia, Canada, Japan or any other jurisdiction in which a such offer or solicitation would be unlawful.

The shares must not be sold or offered for purchase in the United States or to United States investors absent prior registration under the U.S. Securities Act von 1933, as amended, or unless such sale or offer is made under an applicable exemption from registration requirements in accordance with the regulations promulgated thereunder. Any public offering of securities to be made in the United States would be made by means of a prospectus which could be obtained from the Company and which would contain detailed information about the Company and its management, as well as the financial statements of the Company. . No public offering of securities will take place in the United States of America or in any other jurisdiction.

In member states of the European Economic Area (“Relevant Member States”), this document may not be distributed and is addressed only to persons who are “qualified investors” (“Qualified Investors”) as defined in Article 2(e) of European Union Regulation 2017/1129, as amended (the “Prospectus Regulation”). It is assumed that each person in the relevant Member States who acquires or is offered securities under an offer (an “Investor”) has declared and agreed that such person is a Qualified Investor; that the securities purchased by such person under the offer are not being purchased for any person in the European Economic Area other than an accredited investor, with respect to whom the investor may make decisions in its sole discretion ; and that the securities would not be purchased for offer or resale in the European Economic Area, if doing so would require fox e-mobility AG or any of its affiliates to publish a prospectus in pursuant to Article 3 of the Prospectus Regulation.

In the United Kingdom, this information is intended and/or distributed only to (i) investment professionals falling within section 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended ( the “Order”), or (ii) high net worth companies falling within section 49(2)(a) to (d) of the Order (all such persons are collectively referred to below as “persons concerned”). The securities are accessible only to the persons concerned and any invitation, offer or agreement to subscribe, purchase or acquire such securities will be entered into only with the persons concerned. Anyone who is not a relevant person should not act or rely on this information or any of its contents.

To the extent that this announcement contains predictions, expectations or statements, assessments, opinions or projections regarding the future development of fox e-mobility AG (“forward-looking statements“), such forward-looking statements were made on the basis opinions and assumptions of the management of fox e-mobility AG, based on the best knowledge of the management. Forward-looking statements are subject to various assumptions that have been made based on current internal plans or publicly available external sources, which have not been independently verified or verified by fox e-mobility AG and may prove to be inappropriate. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors, which could lead to Fox e-mobility’s revenues, profitability, achievement of stated objectives and results of operations. AG, or the success of the e-mobility industry. , deviating materially from those expressly or implicitly stated or described in this announcement. Accordingly, persons into whose possession this announcement comes should not rely on such forward-looking statements. fox e-mobility AG assumes no responsibility and makes no warranties or representations regarding these forward-looking statements and will not revise them in light of future results or developments.

May 23, 2022 CET/CEST DGAP distribution services include regulatory announcements, financial/corporate news and press releases.
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