BRUSSELS (dpa-AFX) - Mynaric AG, a specialist for innovative laser-based communication networks in air and in space, announced that it has priced its initial public offering at EUR 54.00 per share, at the upper end of the estimated price range of EUR 45.00 to EUR 54.00 per share.
Mynaric noted that the offered shares covered over 4 times at the placement price. The placement volume including the green-shoe option therefore totals around EUR 27.3 million.
Mynaric expects its shares to be traded in the scale segment of the Frankfurt Stock Exchange from 30 October 2017 and carry the International Securities Identification Number (ISIN) DE000A0JCY11 and the securities identification number (WKN) A0JCY1.
Copyright RTT News/dpa-AFX