share_log

Jumia Technologies | 6-K: Report of foreign private issuer (related to financial reporting)

SEC ·  Aug 6, 2024 18:34

Summary by Futu AI

On July 30, 2024, Jumia Technologies AG entered a sales agency agreement with RBC Capital Markets and Berenberg Capital Markets to issue 20,227,736 ADSs. The Sales Agents will sell these ADSs at prevailing market prices, using commercially reasonable efforts. This issuance is pursuant to Jumia's shelf registration on Form F-3, supplemented by an August 6, 2024 prospectus.The agreement partially utilizes Jumia's Authorized Capital 2024/I, reducing it from €98,945,871 to €58,490,399. Jumia's articles of association were updated to reflect this change. The company also provided details on its share capital structure, authorized and conditional capital, and corporate governance practices in line with German law and the German Corporate Governance Code.
On July 30, 2024, Jumia Technologies AG entered a sales agency agreement with RBC Capital Markets and Berenberg Capital Markets to issue 20,227,736 ADSs. The Sales Agents will sell these ADSs at prevailing market prices, using commercially reasonable efforts. This issuance is pursuant to Jumia's shelf registration on Form F-3, supplemented by an August 6, 2024 prospectus.The agreement partially utilizes Jumia's Authorized Capital 2024/I, reducing it from €98,945,871 to €58,490,399. Jumia's articles of association were updated to reflect this change. The company also provided details on its share capital structure, authorized and conditional capital, and corporate governance practices in line with German law and the German Corporate Governance Code.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.