NEON EQUI­TY advi­ses Eco­Mo­ti­on AG on plan­ned IPO in Ger­ma­ny

• IPO plan­ned for the first quar­ter of 2025
• Eco­Mo­ti­on offers paten­ted par­king and par­king gara­ge tech­no­lo­gy with ESG focus
• NEON EQUI­TY sup­ports Eco­Mo­ti­on with its capi­tal mar­ket exper­ti­se
• Use of funds: inclu­ding fur­ther deve­lo­p­ment of tech­no­lo­gy, con­s­truc­tion of new par­king lots and inter­na­tio­na­liza­ti­on

Frank­furt, July 18, 2024 - NEON EQUI­TY AG (NEON EQUI­TY ISIN: DE000A3DW408) com­pre­hen­si­ve­ly advi­ses Eco­Mo­ti­on AG (“Eco­Mo­ti­on”) on its plan­ned IPO (Initi­al Public Offe­ring), which is expec­ted to take place on a Ger­man stock exch­an­ge in the first quar­ter of 2025. Pre­pa­ra­ti­ons for the IPO have alre­a­dy begun. The gross pro­ceeds from the IPO will be used for the fur­ther deve­lo­p­ment of the tech­no­lo­gy, the con­s­truc­tion of par­king gara­ges with Eco­Mo­ti­on tech­no­lo­gy and inter­na­tio­nal expan­si­on.

Eco­Mo­ti­on offers paten­ted par­king and par­king gara­ge tech­no­lo­gy for char­ging elec­tric cars. Eco­Mo­ti­on also offers the plan­ning and imple­men­ta­ti­on of par­king gara­ge con­s­truc­tion. The inno­va­ti­ve tech­no­lo­gy can increase the pro­duc­ti­vi­ty of the par­king gara­ge area by over 50% com­pared to a con­ven­tio­nal par­king gara­ge. Eco­Mo­ti­on’s solu­ti­on, which is also sui­ta­ble for retro­fit­ting exis­ting par­king gara­ges, signi­fi­cant­ly redu­ces pol­lutant emis­si­ons and the space requi­red for par­king and also signi­fi­cant­ly increa­ses the capa­ci­ty for char­ging elec­tric vehic­les. The com­pa­ny sees a par­ti­cu­lar need for cor­re­spon­ding par­king gara­ges with Eco­Mo­ti­on tech­no­lo­gy in inner-city are­as as a first step. The effi­ci­ent tech­no­lo­gy also means that no addi­tio­nal are­as need to be sea­led, which has a posi­ti­ve effect on the CO2 foot­print. The Eco­Mo­ti­on tech­no­lo­gy is pri­ma­ri­ly aimed at real estate inves­tors and deve­lo­pers. Eco­Mo­ti­on is aiming for a tur­no­ver in the tri­ple-digit mil­li­on euro ran­ge by 2028.

Ole Nix­dorff, CEO of NEON EQUI­TY: ​“With its inno­va­ti­ve and paten­ted tech­no­lo­gy, Eco­Mo­ti­on occu­p­ies pre­cis­e­ly the inter­face bet­ween the fur­ther expan­si­on of elec­tro­mo­bi­li­ty and the envi­ron­men­tal­ly fri­end­ly design of urban spaces. The busi­ness model makes a direct con­tri­bu­ti­on to cli­ma­te and envi­ron­men­tal pro­tec­tion and should the­r­e­fo­re con­vin­ce users, plan­ners and inves­tors ali­ke. NEON EQUI­TY is the­r­e­fo­re very hap­py to pro­vi­de capi­tal mar­ket exper­ti­se, net­work and advice for the IPO and the fur­ther deve­lo­p­ment of Eco­Mo­ti­on.”