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An announcement from UMT United Mobility Technology AG ( (DE:UMD) ) is now available.
UMT United Mobility Technology AG’s Management Board, with Supervisory Board approval, has resolved to increase the company’s share capital by issuing up to 245,000 new bearer shares via a cash capital increase from authorised capital. Priced at EUR 1.32 per share, about 3% below the five-day Xetra average, the new shares will be placed with selected investors in a private placement, with subscription rights of existing shareholders excluded. The company plans to use the proceeds to expand its sales and support structures, a move that underscores its growth ambitions in AI-driven process automation and may alter the shareholder structure while strengthening its operational capacity and market positioning.
More about UMT United Mobility Technology AG
UMT United Mobility Technology AG, based in Munich, specializes in AI-supported process automation and offers its proprietary “UMS Vision AI” solution to corporate clients across Europe. By combining technology and consulting, the company develops holistic, tailor-made AI solutions and is listed on the Frankfurt Stock Exchange’s Basic Board, Xetra, and other German trading venues.
Average Trading Volume: 2,057
Technical Sentiment Signal: Strong Sell
Current Market Cap: €3.35M
For detailed information about UMD stock, go to TipRanks’ Stock Analysis page.