EQS-Adhoc: aconnic AG initiated restructuring proceedings in Switzerland

aconnic AG (ISIN: DE000A0LBKW6), Munich, announces that the company has initiated restructuring measures in Switzerland by filing for insolvency proceedings for its two legal entities. The purpose of this step is to realign the company’s financial and operational structures in light of current market conditions in the telecommunications industry.

The initiation of insolvency proceedings does not affect the company’s ongoing business operations for the direct supply for systems and services for gigabit networks for telecommunication and networks providers within the critical infrastructure or other legal entities in Germany and wordwide.

The subsidiaries in Switzerland mainly provide research and development services. The management is working closely with the appointed insolvency administrators and relevant stakeholders to ensure the continuation of business activities and to evaluate strategic options for the company’s sustainable future development.

aconnic is currently continuing to implement a capital increase and fundraising project to strengthen the equity ratio and refinance debt. The closing of this project is delayed for more than three months compared to the initial plan and still has open pending implementation steps between the investor and aconnic AG. All requirements specified by aconnic AG for the transaction have been already fulfilled.

“The market challenges remain high with cost increase and restrict investment spending, delaying required investment in the critical communication and network security infrastructure. We experience slow moving and complex projects on all sides that continuously require the adaptation of plans and further measures. With increasing orders for the fourth quarter 2025 we remain optimistic for the future. The decision for the filings in Switzerland was considered the best option. We expect limited impact and a fast completation of the process”, says Werner Neubauer, CEO of aconnic AG.

About aconnic AG

aconnic AG is an international technology supplier and network equipment provider based in Munich. aconnic AG enables the construction and operation of high-performance gigabit networks with key focus on network security, energy efficiency and sustainability as well as technologies and products to capture and store CO2 to achieve climate neutrality through carbon capture and bio-energic climate neutral fuels. Systems with hard-, software and services are used by customers such as Deutsche Telekom, Orange, Telecom Italia, Swisscom, A1 Telekom Austria, and América Móvil. aconnic AG is the only international system supplier for critical communication infrastructure with European research, development, production and supply chain, as well as its headquarters in Germany, contributing to the strategic and technological autonomy of Europe. aconnic AG has been listed on the German stock exchange since 2006 and generated a total performance of 55 million EUR in 2024.

Contact

aconnic AG
D-80992 Munich, Riesstrasse 16
Sebastian Schubert, Investor Relations
Phone: +49 89 3 8998 7770
Email: investor@aconnic.com