on Neon Equity AG (isin : DE000A3DW408)
NEON EQUITY Advises EcoMotion AG on Planned IPO in Germany
Frankfurt, July 18, 2024 - NEON EQUITY AG (NEON EQUITY ISIN: DE000A3DW408) is advising EcoMotion AG on its upcoming IPO, expected to take place in the first quarter of 2025 on a German stock exchange. The proceeds from the IPO will be used for technology development, construction of new parking garages, and international expansion.
EcoMotion AG specializes in patented parking solutions for electric vehicles, aiming to improve productivity and reduce emissions. Their technology can significantly increase parking garage capacity by over 50% and offers retrofitting options for existing garages. Targeting urban areas, EcoMotion aims for substantial growth, projecting a triple-digit million euro turnover by 2028.
Ole Nixdorff, CEO of NEON EQUITY, highlighted the significance of EcoMotion's technology at the intersection of electromobility and environmentally friendly urban development. NEON EQUITY's involvement provides crucial capital market expertise and support for EcoMotion's strategic growth and IPO preparation.
R. H.
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