Fox E-Mobility AG Initiates Capital Resolutions and Outlines Financial Calendar

On April 14, 2025, Fox E-Mobility AG announced the implementation of capital resolutions from its January 31, 2025, Annual General Meeting. The company will first reduce its share capital to €732,893 and conduct a 100:1 share consolidation, expected to finalize by May 2025. This will be followed by a cash capital increase of approximately €7 million, aimed at existing shareholders, with full financing anticipated from major stakeholders.

Another capital increase is planned for September 2025 through an investor consortium. This will exclude subscription rights and is crucial for advancing the MIA project. Combined, these efforts aim to raise €12 million.

Fox E-Mobility AG also plans to release audited financial reports for 2023 and 2024 by mid-2025, contingent on equity proceedings related to a subsidiary.