fox e-mobility

The auditing firm Dr. Kleeberg & Partner issued an unqualified audit opinion on 4 August 2026 for fox e-mobility’s 2023 annual financial statements and management report. The supervisory board approved the audited financial statements on 15 August 2026; after booking adjustments, the 2023 net profit is reduced by approximately EUR 0.154 million to EUR 0.239 million, while equity remains at about EUR 68 million. The listing of the registered shares is currently suspended and is not expected to resume until the audited financial statements for 2024 and 2025 have been published. » More on de.investing.com

Fox Automotive Switzerland AG increased its share capital from CHF 105,500 to CHF 1,000,000; the capital increase was subscribed by creditors, reducing fox e-mobility’s stake from 100% to 10.55% and fully deleveraging the company. fox e-mobility retained most of the economic upside from monetizing the MIA project for 2026/2027 through a profit transfer agreement and share option rights. The company expects a tax-neutral increase in the value of the holding from EUR 6.5m to about EUR 24m for 2026 and will provide up to CHF 500,000 for prototype construction; license revenues are intended to provide additional funding sources. CFO/COO Philippe Perret will leave the executive management on 1 June 2026, Patrick Bigger will serve as sole interim director; annual and half-year financial reports will be published on 30 June 2026 and 20 August 2026 respectively, and the next general meeting will be held on 28 August 2026. » More on finanzen.net

The Cantonal Court of Trogen has legally annulled on 20 April 2026 the bankruptcy of Fox Automotive Switzerland AG that had been ordered in 2025. The subsidiary will continue the development, production and sales of the MIA vehicle and is again the full owner with unrestricted rights to all know‑how as well as registered patents, trademarks and designs. In the coming days the share capital of Fox Automotive Switzerland AG is to be increased via a debt‑equity swap from CHF 105,500 to CHF 1,000,000. For fox e-mobility the removal of the bankruptcy leads to a tax‑neutral increase in the value of the investment from EUR 6.5 million to EUR 36.75 million for the 2026 financial year. » More on de.investing.com