Bankhaus Scheich lead manages TubeSolar AG’s successfull Capital Increase and taps new groups of investors

31Frankfurt am Main, December 28, 2020

TubeSolar AG, Augsburg, a developer and manufacturer of patented photovoltaic thin-film tubes, based on the renown OSRAM/Ledvance-technology and primarily to be used in the agricultural sector has successfully placed its Capital Increase with subscription rights (ratio 10:1) at a price of EUR 6.00 per new share. Unsubscribed new shares were offered to institutional investors in a private placement which was subsequently oversubscribed. Bankhaus Scheich, which acted as bookrunner, in the process tapped new groups of investors for the company which focus on sustainability, technology and/or SmallCap opportunities.

The proceeds from the capital increase will be used in particular to finance the development of highly automated production and the further growth of TubeSolar AG, including a possible acquisition of an equity stake.


Bankhaus Scheich Wertpapierspezialist AG
Arne Aßmann
phone: +49 (0) 69 / 348 79 66 61