naoo AG strengthens equity through conversion of CHF 4.6 million in loans
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EQS-Ad-hoc: naoo AG / Key word(s): Capital Increase/Miscellaneous Publication of Insider Information pursuant to Article 17 of Regulation (EU) No. 596/2014 naoo AG strengthens equity through conversion of CHF 4.6 million in loans
Zurich, May 9, 2025 – naoo AG («naoo»; ISIN: CH1323306329; Ticker: NAO) announces that all shareholder loans, which are reported on the balance sheet as of December 31, 2024, in the amount of CHF 4,642,257, will be fully converted into equity in the second quarter of 2025. This was confirmed today by a corresponding declaration from the anchor shareholders to the company, and the Board of Directors has adopted a resolution based on this confirmation. These loans were provided by anchor shareholders of the company to ensure the financing of operational growth. The conversion will be carried out by means of set-off as part of an ordinary capital increase, based on the existing, statutorily defined capital band. The conversion price will be based on the stock market price at the time of execution. This measure significantly improves naoo’s equity position. The anchor shareholders have additionally committed to the Board of Directors to observe a lock-up period of twelve months for the newly issued shares resulting from the conversion. This reaffirms their long-term confidence in the company’s strategic development.
End of Inside Information Information and Explanation of the Issuer to this announcement: About naoo naoo AG operates a next-generation social media platform that connects people based on their interests and preferences, offering a unique user experience through gamification and personalized content. With its points and rewards system, naoo incentivizes user engagement and allows users to benefit from their activity on the platform. naoo’s business customers can publish offers on the platform tailored to the individual needs of the users and motivate them to visit their business locations by awarding naoo points. These points can be redeemed for various rewards, providing added value for both users and business partners. The naoo app is available on the Apple App Store and Google Play Store. Headquartered in Zug, Switzerland, naoo AG is listed on the Düsseldorf Stock Exchange (Ticker Symbol: NAO, ISIN: CH1323306329). For more information: https://www.naoo.com.
Contact Details Media and Investors Axel Mühlhaus / Jessica Pommer Users and Community
09-May-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | naoo AG |
| Baarerstrasse 21 | |
| 6300 Zug | |
| Switzerland | |
| E-mail: | investors@naoo.com |
| Internet: | www.naoo.com |
| ISIN: | CH1323306329 |
| WKN: | A40NNU |
| Listed: | Regulated Unofficial Market in Dusseldorf |
| EQS News ID: | 2134528 |
| Notierung in Düsseldorf vorgesehen (Freiverkehr) / Intended to be listed in Dusseldorf (Open Market) |
| End of Announcement | EQS News Service |
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2134528 09-May-2025 CET/CEST
