Obotech Acquisition SE: Redemption Process

EQS-Media / 05.06.2023 / 14:05 CET/CEST

Press release

OboTech Acquisition SE announces details of the redemption process of its public shares

Luxembourg, 5 June 2023

On 5 June 2023, an extraordinary general meeting of the shareholders of OboTech Acquisition SE (“OboTech”) approved the opening of the liquidation of OboTech. Following the liquidation approval, OboTech initiated the redemption process of its public shares by instructing the escrow agent to liquidate the escrow account and to distribute the escrow amount. The redemption price will be €10.00 per public share. The disbursement of the redemption price and the redemption of the public shares will occur via the clearing system pursuant to the indicative timetable below.

Indicative Timetable

The timetable below sets forth expected key dates of the redemption process:

Event

Date

Record date for public shareholders to receive redemption price

9 June 2023

Escrow amount released from escrow account

12 June 2023

Disbursement of redemption price and redemption of public shares

13 June 2023

Important Notice

This release may contain forward looking statements, estimates, opinions and projections with respect to anticipated future performance of OboTech (“forward-looking statements”). These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “intends,” “may,” “will” or “should” or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of OboTech and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements included herein only speak as at the date of this release. OboTech undertakes no obligation, and do not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. OboTech accepts no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions.

End of Media Release

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Language:

English

Company:

Obotech Acquisition SE

9 rue de Bitbourg

L-1273 Luxembourg

Luxemburg

ISIN:

LU2334363566

WKN:

A3CM9E

Listed:

Regulated Market in Frankfurt (General Standard); Luxembourg Stock Exchange

EQS News ID:

1649609

End of News

EQS Media

1649609 05.06.2023 CET/CEST