Disclosure of inside information acc. to Article 17 MAR
Munich, 21 May 2025 innoscripta SE (the "Company", and together with its consolidated subsidiaries "innoscripta"), a leading provider of a Software-as-a-Service ("SaaS") solution in the application process for research & development ("R&D") tax credits and R&D project management in Germany, has set the final offer price for its initial public offering (the "Offering") at EUR 120.00 per share.
In total, approx. 1.82 million existing shares from the holdings of the founder & CEO Michael Hohenester and Co-CEO & CFO Alexander Meyer (the "Selling Shareholders") were placed in connection with the Offering, comprising approx. 1.58 million existing base shares as well as approx. 0.24 million existing shares provided by the Selling Shareholders in connection with the over-allotment option.
The total placement volume amounts to approximately EUR 218 million, assuming full exercise of the greenshoe option. Based on the final offer price, the Company’s market capitalisation will amount to EUR 1.2 billion. The free float of the Company will amount to approx. 18.2%, assuming full exercise of the greenshoe option.
Trading of the Company's shares on the Scale Segment of the Open Market (Freiverkehr) of the Frankfurt Stock Exchange is expected to commence on May 23, 2025 under the trading symbol “1INN” and the ISIN DE000A40QVM8.
Berenberg acted as Sole Global Coordinator and Joint Bookrunner in connection with the Offering alongside Hauck Aufhäuser and M.M.Warburg & CO who acted as further Joint Bookrunners.
About innoscripta
innoscripta is a leading provider of a Software-as-a-Service solution for research & development ("R&D") tax credits and R&D project management in Germany digitizing all relevant workflows and ensuring compliant documentation for R&D tax credits. The innoscripta platform provides solutions that help customers identify, validate, and manage R&D projects and ensure reliable and compliant documentation for R&D tax credits. The Company currently serves a sticky customer base of more than 1,700 customers who are active in over twenty industries. innoscripta is a founder-led, bootstrapped success story with a strong financial profile. The management team is executing a growth strategy focused on the proven success in Germany with additional upside from internationalization and product expansion.
Munich, 21 May 2025 innoscripta SE (the "Company", and together with its consolidated subsidiaries "innoscripta"), a leading provider of a Software-as-a-Service ("SaaS") solution in the application process for research & development ("R&D") tax credits and R&D project management in Germany, has set the final offer price for its initial public offering (the "Offering") at EUR 120.00 per share.
In total, approx. 1.82 million existing shares from the holdings of the founder & CEO Michael Hohenester and Co-CEO & CFO Alexander Meyer (the "Selling Shareholders") were placed in connection with the Offering, comprising approx. 1.58 million existing base shares as well as approx. 0.24 million existing shares provided by the Selling Shareholders in connection with the over-allotment option.
The total placement volume amounts to approximately EUR 218 million, assuming full exercise of the greenshoe option. Based on the final offer price, the Company’s market capitalisation will amount to EUR 1.2 billion. The free float of the Company will amount to approx. 18.2%, assuming full exercise of the greenshoe option.
Trading of the Company's shares on the Scale Segment of the Open Market (Freiverkehr) of the Frankfurt Stock Exchange is expected to commence on May 23, 2025 under the trading symbol “1INN” and the ISIN DE000A40QVM8.
Berenberg acted as Sole Global Coordinator and Joint Bookrunner in connection with the Offering alongside Hauck Aufhäuser and M.M.Warburg & CO who acted as further Joint Bookrunners.
About innoscripta
innoscripta is a leading provider of a Software-as-a-Service solution for research & development ("R&D") tax credits and R&D project management in Germany digitizing all relevant workflows and ensuring compliant documentation for R&D tax credits. The innoscripta platform provides solutions that help customers identify, validate, and manage R&D projects and ensure reliable and compliant documentation for R&D tax credits. The Company currently serves a sticky customer base of more than 1,700 customers who are active in over twenty industries. innoscripta is a founder-led, bootstrapped success story with a strong financial profile. The management team is executing a growth strategy focused on the proven success in Germany with additional upside from internationalization and product expansion.
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