Heuking Kühn Lüer Wojtek again advises Pantaflix on capital increase
A team led by Cologne-based partner Dr. Thorsten Kuthe advised Pantaflix AG on a cash capital increase again. It was placed with institutional investors within a very brief time and was oversubscribed. The company will use the proceeds of EUR 18.5 million to finance growth. As a result of the capital increase, free float will increase to some 40%.
Pantaflix AG is a Munich-based media company. It develops, produces, and manages rights to movies. Other business activities also include the video-on-demand platform pantaflix.com. The company’s shares are listed in the Scale segment of Frankfurt Stock Exchange.
Counsel to Pantaflix AG
Heuking Kühn Lüer Wotjek:
Dr. Thorsten Kuthe (Lead),
Anna Richter, LL.M. (all Capital Markets), all Cologne