Recapitalization and Public Tender Offer: Adeunis and Webdyn's Strategy

Adeunis, a company specializing in IoT solutions, is considering a capital restructuring after significant losses. The Board of Directors has decided on a capital reduction to zero, contingent upon a capital increase of €1.7 million, with the full support of Webdyn, the majority shareholder.

This restructuring, dubbed the "Accordion Coup," aims to restore Adeunis' financial stability. Webdyn, holding 76.67% of the shares, is proposing a simplified Public Tender Offer (PTA) to acquire the remaining shares, thus offering shareholders a liquidity option.

Adeunis shareholders can choose to sell their shares to Webdyn or contribute to the capital increase. Those who do not participate in either option may have their shares cancelled without compensation.