Northern Data AG Concludes Capital Increase With Strategic Investor Block.One With Proceeds of EUR 21.5m
Block.One is the global leader in high performance blockchain software and author of the EOSIO open source software. Block.one and Northern Data intend to work together closely to build software infrastructure on EOSIO for Northern Data's HPC facility.
The net proceeds from the capital increase shall be used to strengthen the balance sheet, accelerate the growth of existing business activities and general corporate purposes.
The new shares will be included without a prospectus in the existing listing on the Open Market of the Munich Stock Exchange (m:access).
Language: English
Company: Northern Data AG
Thurn-und-Taxis-Platz 6
60313 Frankfurt/Main
Germany
Phone: +49 69 34 87 52 25
E-mail: info@northerndata.de
Internet: www.northerndata.de
ISIN: DE000A0SMU87
WKN: A0SMU8
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access), Tradegate Exchange
View source version on businesswire.com: https://www.businesswire.com/news/home/20200617005660/en/
Website: http://www.northerndata.de
Contact
Press contact:
Northern Data AG
Dr. Hans Joachim Dürr
Head of Corporate Communications
+49 69 348 752 89
h.duerr@northerndata.de
Investor Relations:
Sven Pauly
+49 89 125 09 03 3
ir@northerndata.de
This news is a press release provided by Northern Data AG.