Investment group

The NAGA Group AG: Apeiron Investment Group of Christian Angermayer and Fosun join forces to further drive NAGA’s growth

Hamburg, Germany – (COMMERCIAL THREAD) – NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social trading, cryptocurrency and payments network, announces its biggest round table to date and welcomes Apeiron Investment Group Ltd , the private investment firm of entrepreneur and investor Christian Angermayer, and Igor Lychagov, founder of Exness (one of the world’s largest brokerage firms with a monthly transaction volume of $ 1,000 billion) in as new strategic and long-term investors. Hauck & Aufhäuser acted as sole bookrunner in the transaction.

In addition to participating in the capital increase, Apeiron entered into a share purchase agreement with its Elevat3 strategy, operating in partnership with the Peter Thiel Founders Fund, to purchase a block of shares of the FOSUN group and is in negotiations to acquire additional shares from other shareholders. These transactions are subject to regulatory approvals. In total and over time, Apeiron is targeting an approximate 22% stake in NAGA.

Following the strategic investment, the Supervisory Board will be increased from four to five members at the next General Assembly. The company will propose to elect Christian Angermayer as a new member of the Supervisory Board. In order to be able to add this item to the agenda of the next Annual General Meeting, the date of the Annual General Meeting has been postponed from September 23, 2021 to October 11, 2021.

Benjamin Bilski, Founder and CEO said: “We are delighted to welcome Apeiron with its Elevat3 strategy as a new strategic partner. We have worked very hard in recent years and this partnership is an absolute step for us. Already, NAGA has over one million registered accounts, operates in over 100 countries and is on track to increase its revenue by over 100% in 2021 compared to 2020. And that’s only the beginning. I think that the growth of NAGA can be accelerated with the proceeds of the capital increase and with the strategic contribution of our new shareholders. ”

Christian Angermayer comments: “NAGA is one of the fastest growing neo-brokers in the world. The company has impressively proven that the combination of social media, investing, cryptocurrency and payments on a single platform attracts a new generation of investors accustomed to a single user. experience and all services at your fingertips. This retail investment market is growing rapidly and offers enormous potential. I am very much looking forward to working with the founders, the board of directors, Igor and Fosun. ”

Alan Liu, Fosun Global Partner and NAGA Board Member, said, “We are delighted to be working with Christian, who has a proven track record in building global technology champions. We are also honored to welcome Igor Lychagov to our investor table, his brokerage experience is truly incomparable.

NAGA is also announcing its new investor relations website. TO, the company will provide investors with detailed information about the company and its performance, as well as regular company presentations, business updates and videos.

About NAGA

NAGA is an innovative fintech company that seamlessly connects personal financial transactions and investments through its social trading platform. The company’s proprietary platform offers a range of products from trading stocks, investments and cryptocurrencies to a physical Mastercard. In addition, the platform enables exchanges with other traders, provides relevant information in the feed and automatic copy functionality for successful member transactions. NAGA is a synergistic, easily accessible and inclusive total solution. It provides an improved base for trading, investing, networking, earning, and paying. This applies to both fiat and crypto products.

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