|
Tonies SE, a company listed on the Frankfurt Stock Exchange, has successfully closed today a capital increase amounting to €60m from the Company’s authorised capital by way of a private placement to institutional investors. Luxempart has taken a significant part of the new shares issue (priced at €5 per share) and acquired 3.16% of the company’s share capital.
Tonies develops, produces and sells a digital, interactive audio platform and entertainment system for children, comprising a smart player (“Toniebox”), audio figurines (“Tonies”) and a strong cloud backbone. Since the product was launched at the end of 2016, 3.9 million households now use a Toniebox and more than 47 million Tonies have been sold. The company is market leader for its product category and operates...
|