asknet AG’s capital increase

Heuking Kühn Lüer Wojtek advised asknet AG on the transaction

The public offering was one of the first capital measures using a short securities information sheet instead of a prospectus. The securities information sheet had to be permitted by BaFin to be published. This new legal possibility is a less expensive, easy way to execute smaller capital measures such as subscription offers, which is now possible without a prospectus, similar to how it used to be in the past. Through this capital increase, asknet AG was able to record gross proceeds of around EUR 1,000,000.

asknet AG globally sells both physical and digital products online. In addition, it creates software portals for scientific and educational institutions and trades in this segment with various softwares. The company was founded in 1995 as a spin-off of the Institute for Technologies in Karlsruhe.

Heuking Kühn Lüer Wojtek advised asknet AG with a team including Thorsten Kuthe (Picture), Christopher Görtz and Irene Braunagel (Capital Markets).

Involved fees earner: Thorsten Kuthe – Heuking Kühn Lüer Wojtek; Christopher Görtz – Heuking Kühn Lüer Wojtek; Irene Braunagel – Heuking Kühn Lüer Wojtek;

Law Firms: Heuking Kühn Lüer Wojtek;

Clients: asknet AG;