legrandangle-lgm

Publication of inside information in accordance with Article 17 of Regulation (EU) No 596/2014

beaconsmind Group carries out a cash capital increase of CHF 4.35 million to finance the announced acquisitions

• The Extraordinary General Meeting approves all agenda items by a large majority
• Issuance of 850,000 new shares for a total amount of CHF 4.35 million, subscribed by management, board members, anchor investors and new institutional investors

Zurich, Switzerland – December 10, 2024 – The beaconsmind Group (ISIN: CH0451123589 – Ticker: MLBMD) has successfully completed a cash capital increase of CHF 4.35 million through the issuance of 850,000 new shares as part of the acquisitions of Swissnet AG and Advanced Digital Technology DWC-LLC (“ Locale” ) (see ad hoc announcement dated November 19, 2024). The capital increase is intended to finance the cash component of the purchase prices of the acquired companies.

As a result of this capital increase, the share capital of the beaconsmind Group increases from CHF 469,932.60 by CHF 85,000.00 to CHF 554,932.60. The capital increase was approved earlier today by the shareholders of the beaconsmind Group during an extraordinary general meeting by a large majority of votes. Immediately afterwards, the shares were subscribed by the management of the beaconsmind Group, the company’s main investor, and new institutional investors, all of whom had previously made binding subscription commitments.

Explanatory part

Completion of the acquisitions is scheduled for the second half of January 2025.

In addition, the General Meeting approved the introduction of a capital range between CHF 554,932.60 and CHF 832,398.90. This capital range gives the beaconsmind Group the flexibility to respond to market developments and to increase the share capital one or more times within the next five years. This ensures that the company can continue to execute its growth strategy as planned in the future.

About the beaconsmind group / new Swissnet Group

The beaconsmind Group/future Swissnet Group was founded in Switzerland in 2015 and is a leading provider of location-based marketing software (LBM), Wi-Fi infrastructure systems and Wi-Fi guest hotspots. The group serves customers in retail, catering, healthcare and the public sector. The subsidiaries under the Beaconsmind Group umbrella are known for their excellent expertise in digital transformation, location-based marketing, infrastructure and Wi-Fi services with SaaS solutions. With intelligent and fully cloud-based technologies, the beaconsmind group offers its customers tangible added value and success by improving their omnichannel strategies. With the acquisition of Swissnet and Locale, the beaconsmind Group will transform and rebrand itself as Swissnet Group, significantly increasing its market presence worldwide.

For more information please visit