ELARIS AG Announces IPO on Munich Stock Exchange Scheduled for March 2024

ELARIS AG, an innovative e-mobility company, is set to make its initial public offering (IPO) on the Munich Stock Exchange in the special m:access segment on March 14, 2024. The German Federal Financial Supervisory Authority (BaFin) has approved the company's securities prospectus, paving the way for the public offering. On the day of the IPO, ELARIS plans to offer up to 10,000 shares from the holdings of its main shareholder, Elaris Holding GmbH. This offering will only be available in Germany and on the date of the listing itself.

The IPO is part of ELARIS' efforts to expand its reach in the financial markets, with further plans to list its shares on Xetra in the near future. Potential investors are advised to review the approved securities prospectus available on ELARIS' website to fully understand the investment's risks and rewards. The company emphasizes that the offer will be strictly made in accordance with the prospectus and legal guidelines, excluding the United States and several other countries due to regulatory restrictions.