WeGrow to Raise EUR 4.29 Million in Private Share Placement

Bitget2026/10/23 12:22

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WeGrow will raise EUR 4.29 million through a private placement of 1,100,000 new shares, increasing share capital by 7.7%.
Existing major shareholder Stiftung Abendrot will subscribe for all new shares at EUR 3.90 each, with existing shareholders’ subscription rights excluded.
Stiftung Abendrot also plans to acquire 500,000 existing shares from founders Allin Gasparian and Peter Diessenbacher.
The transactions would increase Abendrot’s equity and voting stake to 20.81%, leaving each founder with 33.01%.
Net proceeds will strengthen the capital base, fund business development and optimize the group’s financing structure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wegrow AG published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2421300_de) on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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WeGrow to Raise EUR 4.29 Million in Private Share Placement

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