The Naga Group Initial Public Offering

Heuking Kühn Lüer Wojtek, L2C Luecke & Partner, Monereo Mayer Marinel-Lo Abogados, Cerha Hempel Spiegelfeld Hlawati Rechtsanwälte and Kellerhals Carrard have advised on the transaction

Heuking Kühn Lüer Wojtek acts as a transaction counsel for Hauck&Aufhäuser and NAGA. Listing of the shares is scheduled for July 10, 2017 on the open-market Scale segment – subject to earlier completion of the subscription. The offer is based on the securities prospectus approved by the German Financial Supervisory Authority (BaFin) on June 6. This is only the second IPO on Frankfurt Stock Exchange’s new Scale segment.

Up to 1 million new NAGA shares will be offered for subscription from June 8 likely up to June 29, 2017. The public offering is aimed at private and institutional investors in Germany, Austria, and Spain. In addition, there will be a placement in Switzerland.

As an innovative factor, subscriptions may also be made via NAGA’s own trading app SwipeStox or the company’s website at preferential terms.

In view of capital measures successfully concluded at the end of Q!/2017, NAGA is already very well financed for the planned company growth, which is why the IPO is particularly aimed at raising the company’s profile reputation as well as the development and developing its equity, including as a currency for further expansion.

Heuking Kühn Lüer Wojtek had already advised NAGA on financing by Chinese investment group FOSUN International in Q1/2017. The advice included, among other things, the issuing of a convertible bond.

THE NAGA GROUP was founded in August 2015. The FinTech company aims to drive development and growth of disruptive applications in financial technology and thus to contribute to change and opening up of the existing financial system. NAGA maintains offices at six sites in three European countries. In the future, additional sites such as Shanghai and New York will be set up to address potential partners on the U.S. and Asian markets.

Heuking Kühn Lüer Wojtek has advised The Naga Group AG with Thorsten Kuthe (Lead, Capital Markets), Christoph Gringel (Lead, Banking and Capital Markets), Michael Neises, (Banking and Capital Markets), Miriam Schäfer (Capital Markets), Christopher Görtz, Meike Dresler-Lenz, Anna Richter, LL.M. (all Capital Markets), Johanna Stremnitzer (Banking and Capital Markets), Dominik Eickemeier, Lutz Martin Keppeler (both IT/IP) and Fabian G. Gaffron (Tax).

L2C Luecke & Partner has advised the Naga Group with Andreas Luecke (Corporate).

Monereo Mayer Marinel-Lo Abogados advised on Spanish law,

Cerha Hempel Spiegelfeld Hlawati Rechtsanwälte GmbH advised on Austrian law and Kellerhals Carrard advised on Swiss law

Involved fees earner: Andreas Luecke – L2C Luecke & Partner; Thorsten Kuthe – Heuking Kühn Lüer Wojtek; Michael Neises – Heuking Kühn Lüer Wojtek; Miriam Schäfer – Heuking Kühn Lüer Wojtek; Christopher Görtz – Heuking Kühn Lüer Wojtek; Meike Dresler-Lenz – Heuking Kühn Lüer Wojtek; Anna Richter – Heuking Kühn Lüer Wojtek; Christoph Gringel – Heuking Kühn Lüer Wojtek; Michael Neises – Heuking Kühn Lüer Wojtek; Johanna Stremnitzer – Heuking Kühn Lüer Wojtek; Dominik Eickemeier – Heuking Kühn Lüer Wojtek; Lutz Martin Keppeler – Heuking Kühn Lüer Wojtek; Fabian Gaffron – Heuking Kühn Lüer Wojtek;

Law Firms: L2C Luecke & Partner; Heuking Kühn Lüer Wojtek;

Clients: The Naga Group AG;