ACCESSWIRE
14 Jan 2022, 07:55 GMT+10
BERLIN, GERMANY / ACCESSWIRE / January 13, 2022 / Today dievini and the Federal Republic of Germany announced the signing of a supplement to the shareholders' agreement between Kreditanstalt für Wiederaufbau (KfW) and the investment company dievini Hopp BioTech holding GmbH & Co. KG (dievini), DH-LT-Investments GmbH, and Dietmar Hopp related to their common shares in CureVac N.V. (CureVac) (NASDAQ:CVAC). The shareholders' agreement was originally signed on 16 June 2020. It governs, among other things, the voting behavior of the shareholders, the appointment of members to the Supervisory Board of CureVac, and certain holding periods and rights of first offer mechanisms for CureVac common shares. Today, both dievini and the KfW made a 13-D filing with the U.S. Securities and Exchange Commission (SEC), which sets out details of the supplement to the shareholders' agreement.
The supplement to the shareholders' agreement has been agreed because of succession planning for Dietmar Hopp's estate. As part of this succession arrangement, ownership of dievini will be transferred entirely to the Hopp family. The managing co-partners of dievini next to Dietmar Hopp will leave dievini in their current capacity and will, in the course of the separation, directly receive proportional stakes according to their holdings in CureVac and dievini's other portfolio companies as consideration. Notwithstanding this change in the ownership of dievini, the departing managing co-partners will continue to act as managing directors of dievini's general partner and oversee the investments in the portfolio companies.
In due course and solely to finance the restructuring (including tax obligations for involved parties), dievini intends to sell CureVac common shares. Apart from this, dievini, Dietmar Hopp and his holding company, DH-LT-Investments, as well as the Federal Republic of Germany currently do not plan to sell CureVac common shares to third parties.
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.
About dievini
dievini Hopp BioTech holding GmbH & Co. KG is a holding company of SAP co-founder Dietmar Hopp with an investment focus on innovative biotechnology companies. dievini holds investments in a total of nine companies in Germany, Switzerland, and Italy, almost all of which are developing diagnostics, therapeutics, and vaccines against serious diseases such as cancer, bacterial and viral infections, and neurodegenerative disorders based on deep clinical-molecular expertise and novel technological approaches. Dietmar Hopp and dievini have been shareholders of CureVac AG, Tübingen, since 2005. Currently, dievini holds approximately 42% of the common shares in CureVac.
Media Contact dievini
Katja Arnold, MC Services AG
Phone: +49 (0)89 210 228 40
dievini@mc-services.eu
Media Contact Federal Ministry for Economic Affairs and Climate Action
Dr. Beate Baron, Press Spokesperson
Phone: +49 (0)30 18 615 7667
beate.baron@bmwi.bund.de
SOURCE: dievini Hopp BioTech holding GmbH & Co. KG
Get a daily dose of Detroit Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Detroit Star.
More InformationWashington, D.C.: This week, the U.S. Court of Appeals for the Federal Circuit suspended 96-year-old Judge Pauline Newman from hearing ...
NEW YORK: On Tuesday, former U.S. Congressman Stephen Buyer was sentenced to 22 months in prison for trading on inside ...
NEW YORK: This week, the Virginia-based Students for Fair Admissions, founded by affirmative action opponent Edward Blum, sued the U.S. ...
LONDON, U.K.: Jet engine maker CFM International said this week that thousands of engine components may have been sold with ...
BATAM, Indonesia: Due to mounting geopolitical tensions and protests against China's activities in the South China Sea, ASEAN member nations ...
FREMONT, California: This week, brain-chip startup Neuralink, owned by billionaire Tesla CEO Elon Musk, said an independent review board granted ...
BOSTON, Massachusetts: Officials said that a Delta flight from Chicago to Boston that was possibly struck by lightning landed safely ...
NEW ORLEANS, Louisiana: As Midwest farmers prepare to harvest crops and send tons of grain downriver to the Gulf of ...
(Photo credit: Troy Taormina-USA TODAY Sports) Nelson Velazquez produced his second career multi-homer game and the Kansas City Royals capped ...
(Photo credit: Jim Rassol / USA TODAY NETWORK) De'Von Achane and Raheem Mostert had career days with four touchdowns apiece ...
(Photo credit: Robert Edwards-USA TODAY Sports) Eduardo Rodriguez threw seven shutout innings, Spencer Torkelson delivered the game's only runs with ...
(Photo credit: Lon Horwedel-USA TODAY Sports) Behind two total touchdowns by quarterback Jared Goff and a stout defensive effort, the ...