ATOSS Software SE Announces Successful Completion of Private Placement

ATOSS Software SE has confirmed the completion of its private placement by AOB Invest GmbH and General Atlantic Chronos GmbH. The process involved an accelerated bookbuilding with institutional investors, where each party sold 541,667 shares, resulting in a total of 1,083,334 shares sold at €120.00 per share. This transaction raised approximately €130 million, representing 6.81% of the company's share capital.

As part of the agreement, General Atlantic will use the net proceeds to settle a forward purchase and sale agreement with AOB Invest. Post-placement, AOB Invest holds 21.59% of shares, while General Atlantic's stake increases to 21.58%. This move is expected to enhance the stock's free float and liquidity.

The placement included a 180-day lock-up period, with both parties committed to a 4-year lock-up agreement, emphasizing their long-term investment in ATOSS Software. Joint Global Coordinators and Bookrunners for the placement were Berenberg, Goldman Sachs, and Jefferies, alongside legal advisors Hengeler Mueller, Milbank, and Willkie Farr & Gallagher.