NEON EQUITY AG supports GORE German Office Real Estate in structuring and implementing the non-cash capital increase

NEON EQUITY AG supports GORE German Office Real Estate in structuring and implementing the non-cash capital increase

Frankfurt am Main, January 04, 2024 - NEON EQUITY AG (NEON EQUITY ISIN: DE000A3DW408), a founder-led investor and growth enabler, is acting as advisor to GORE German Office Real Estate AG ("GORE") on the structuring and implementation of its non-cash capital increase. At an extraordinary general meeting of GORE on November 30, 2023, it was decided, among other things, to acquire the parking garage technology company Fist Move as part of a capital increase in kind. With this acquisition, GORE is refocusing its business model in order to become a leading player in the rapidly growing market for automated parking. NEON EQUITY is supporting this process. As part of the refocusing, GORE is also planning to change its name to "GORE Technologies AG".

Thomas Olek, CEO and founder of NEON EQUITY: "We support GORE's plans and are delighted to be able to advise the company on its growth strategy. Automated parking reduces pollutant emissions in automobile traffic and reduces the need for space, especially in inner-city areas. With our expertise in capital market transactions, we also plan to advise and support other companies from our portfolio."

About NEON EQUITY

NEON EQUITY AG invests in ESG-compliant companies with high growth opportunities in future industries such as AI, mobility, nutrition, health and energy and accompanies them in successful IPOs.

NEON EQUITY is one of the leading providers in advising on IPOs and capital market transactions and connects fast-growing ESG companies with international institutional investors. NEON EQUITY pursues a sustainable and stock market relevant strategy and advises its portfolio partners independently of banks on all capital market instruments.

Investor Relations and Media Relations

edicto GmbH
Axel Mühlhaus / Svenja Liebig
+49 69 90550 5-50
neon@edicto.de
www.neon-equity.com