Init Innovation Announces Capital Increase Excluding Pre-emption Rights

Init Innovation in Traffic Systems SE has announced a plan to increase its capital by approximately 10% through cash contributions, excluding pre-emption rights. This decision, approved by the Supervisory Board, will raise the company's share capital by issuing up to 1,000,000 new no-par-value bearer shares. These shares are expected to be admitted to trading on the Frankfurt Stock Exchange by June 30, 2026.

The new shares will be offered exclusively to institutional investors via an accelerated bookbuilding process. The final share price and the number of shares will be determined post-process. This capital increase aims to bolster the company's working capital and enhance its capacity for growth projects and investments in technology partnerships.

Münchmeyer Petersen Capital Markets GmbH acts as the transaction's sole global coordinator and bookrunner. Init Innovation commits to a six-month lock-up period, refraining from issuing further shares during this time.