Mynaric AG

20-F13D

Schedule 13D - Activist Investments

Mynaric AG's existing ordinary shares were canceled for no value as part of a StaRUG process, with Pacific Investment Management Company LLC becoming the sole owner of new equity through a debt-to-equity swap.
Capital raise
Worse than expected
Pacific Investment Management Company LLC (PIMCO) is pursuing a restructuring plan for Mynaric AG under German law, which is expected to result in PIMCO becoming the sole beneficial owner and the de-listing of Mynaric's shares.
Capital raise
Worse than expected