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Capital News
CANCOM has secured fresh money from an investor. The IT service provider has fully placed and thus successfully completed the capital increase announced on 25 October. As a press release showed, the Group’s share capital was increased by €1,039,075. The proceeds of €11.4 million will be used for organic and inorganic growth of the group. The issue price stood at eleven euros. Accordingly, all new shares were placed with Johann Vielberth. The Regensburg entrepreneur wants to support the growth of CANCOM as anchor shareholder and hold the shares purchased in the capital increase for the long term, it was said.