NX Filtration successfully completes equity offering

NX Filtration announces that it successfully placed 5,332,620 new ordinary shares (the New Shares) at a price of €3.20 per New Share, resulting in gross proceeds for the Company of approximately €17.1 million (the Offering).

The net proceeds from the Offering are intended to (i) fund our path to EBITDA break-even, (ii) scale our proven growth engines across our product-market combinations, and (iii) develop new configurations of our proven membranes for adjacent markets.

ABN AMRO Bank N.V. (ABN AMRO), in cooperation with ODDO BHF, acted as Sole Global Coordinator and Sole Bookrunner in the Offering.

Further details
In the private placement, 5,332,620 New Shares (representing approximately 9.2% of the Company’s issued share capital on the date hereof) have been successfully placed at a price of € 3.20 per share, resulting in gross proceeds for the Company of approximately € 17.1 million.

Settlement of the transaction and admission to listing and trading of the New Shares on Euronext Amsterdam are expected to take place on 3 November 2026. Following settlement of the private placement, the total number of shares that the Company has in issue will be 63,386,690 with a nominal value of EUR 0.01 each. The total number of voting rights of the Company will be 63,386,690 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.

The New Shares will be issued by the Company’s management board, with the approval of the supervisory board, under the existing designation of the management board provided by the annual general meeting of the Company held on 16 April 2026 to issue shares and to exclude pre-emptive rights of existing shareholders in relation thereto. The New Shares will rank pari passu in all respects with the existing shares of the Company with the ISIN NL0015000D50. No prospectus is required in respect of the private placement and no prospectus or similar document will be published in connection with the private placement.

Both NX Filtration and the Management Board have agreed to an 180-day lock-up period following completion of the transaction, subject to customary exceptions.