Blockchain Investor coinIX Launches Public Offering for New Shares
HAMBURG, Germany, December 16, 2019 (Newswire.com) - For the public offering, coinIX is using the opportunity created by the German Securities Prospectus Act to waive a complex and costly sales prospectus and has instead only prepared a three-page securities information sheet, which was published last week by the German Federal Financial Supervisory Authority (BaFin). Shares of coinIX have been included on the open market of the Düsseldorf Stock Exchange since Dec. 2, 2019, and new shares can now be acquired in order to increase shareholder value and increase liquidity. The new funds are to be used to drive further growth and to enable further investments.
According to the provisions of the German Securities Prospectus Act, the draft round is only possible with the involvement of an investment broker, who, among other things, also must ensure that private investors do not exceed certain limits. The new shares are therefore exclusively brokered through coinIX Capital GmbH, which acts as a tied agent for this purpose. Interested investors can express their interest in the draft round at the website www.coinix.de.
Dr. Christoph Lymbersky, CEO of coinIX, explained, "coinIX started the blockchain technology in 2017 with a handful of shareholders. Through the open listing and the public offering, we can widen our investor base. Now, every interested investor can participate in coinIX."
Moritz Schildt, Chairman of coinIX, added, "It is a bit absurd: our stock is a traditional security, which is deposited with Clearstream and held in the bank account of our shareholders. The projects in which we are involved and in which we have invested look to make the share certificate and the bank deposit superfluous, and replace it with digital allocations."
As a legal advisor, coinIX was supported by the law firm lindenpartners.
Source: coinIX
