Munich, 12.12.2018 – Black Pearl Digital AG (ISIN: DE000A2BPK34) has concluded its current capital increase. A total of 46,642 new shares with a purchase price of EUR 27.50 were subscribed by existing shareholder and new investors. Gross proceeds to the company amount to EUR 1,282,655.00. The issued share capital will increase to EUR 321,642.00 divided into 321,642 no-par-value bearer shares with an imputed share in the capital stock of EUR 1.00 each. The proceeds will be used to continue building the operating business of Black Pearl Digital AG. Core focus will be put on the build-up of internal and external IT development resources and the development of its proprietary software portfolio. The new shares will be included in the Freiverkehr of Börse Düsseldorf. “We are very proud about the high level of interest in our capital increase. Despite the adverse market conditions, we managed to raise suficient funds to strengthen our IT services and development business and to execute on our business plan in this area. Regarding the execution of our direct investment model, we had slightly different expectations in terms of proceeds raised. Accordingly, we will adjust our efforts in this area to our current financial resources. At the same time, we want to thank our existing shareholders as well as the new investors for their trust shown in our company and are looking forward to executing together on the company’s strategic vision supported by its newly strengthened equity capital base”, comments Dr Florian Pfingsten, CFO of Black Pearl Digital AG.