Pierer Mobility: New plan – but positive signals

According to the KTM parent company Pierer Mobility AG, new ways must be found in the procurement of fresh capital for temporal reasons. There are still no binding financing commitments from investors.

Pierer Mobility is experiencing delays in the publication of the financial report as well as a change in the capital measure plans. In the course of the financial statements, the main open accounting topic is the confirmation of the continuing acceptance (Going-Concern), informs Pierer Mobility. The binding financing commitments made by investors from this process are prerequisites for accounting for going-concern values and the corresponding co…

Two days before the Annual General Meeting, Pierer Mobility withdraws the capital increase plans in the short term. What about the restructuring?