Rubean AG resolves capital measure to finance growth
Rubean AG resolves to increase the share capital at a ratio of ten to one
Rubean AG resolves to increase the share capital at a ratio of ten to one
Jochen Pielage was appointed to the company's Management Board by the Supervisory Board of Rubean AG on Wednesday.
The Management Board of Rubean AG today decided to increase the company's share capital by way of a cash capital increase.
The background to the urgent change in the Executive Board is the need for further expansion of the entire organization in the wake of the significant growth that Rubean has begun to achieve.
Accordingly, the Executive Board of the FinTech company today resolved to increase the share capital by up to ten percent from EUR 2.72 million to up to EUR 2.992 million using the existing authorized capital.
Some of the sales that were forecasted for the current year won't be realized until the coming financial year.
Rubean AG and CYCLEBIT GROUP LTD ("CYCLEBIT"), Lemesos/Cyprus, a fintech company in the payment area...
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