HEUKING advises Roatel Holding on introduction of electronic shares and innovative capital measure

HEUKING legally advised Roatel Holding AG on a pioneering step in its corporate development: its conversion into a stock corporation, the introduction of electronic shares, and the execution of a capital increase via digital platforms.

Roatel, known for its smart microhotels made from specially converted sea containers, has been operating a steadily expanding network of fully digitized overnight accommodation solutions along high-traffic transport routes since 2019. With the current share placement on the crowd-investing platform CONDA Capital Market, Roatel is entering the public phase of its capital measure, opening participation to both private and institutional investors.

HEUKING Partner Dr. Thorsten Kuthe and Salaried Partner Markus Joachimsthaler advised Roatel on the design and implementation of the electronic share structure and on the legal structuring of its capital increase. Their advice covered, in particular, the introduction of the electronic share under corporate law, the structuring of the public offering via OneCrowd, and the subsequent capital measures, including the current placement on CONDA Capital.

In an earlier capital measure, also supported by a HEUKING team led by Thorsten Kuthe and Meike Dresler-Lenz, Roatel had attracted more than 700 investors, including about 400 new shareholders and 300 bond investors. Two existing shareholders contributed an additional EUR 3.5 million, while Roatel employees invested EUR 90,000. The company aims to raise a total of EUR 5 million to drive further expansion of its microhotel network across Germany, Austria and Switzerland.

Counsel to Roatel Holding AG
HEUKING:
Dr. Thorsten Kuthe (Lead), (Capital Markets), Cologne,
Markus Joachimsthaler, LL.M. (Capital Markets), Munich,
Meike Dresler-Lenz (Capital Markets), Cologne