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FRANKFURT - Goldman Sachs Bank Europe SE announced Wednesday it will act as stabilization manager for Ottobock SE & Co. KGaA’s upcoming initial public offering on the Frankfurt Stock Exchange, scheduled for October 9, 2025.
The German prosthetics maker plans to offer 10,640,151 ordinary bearer shares with no par value, according to a pre-stabilization notice. Goldman Sachs may undertake stabilization measures to support the market price of Ottobock shares during a period of up to 30 calendar days following the trading debut.
The stabilization manager has been granted an over-allotment option of up to 1,596,022 additional shares, representing approximately 15% of the base offering. These over-allotment shares will be provided through a securities loan from Näder Upside Vermögensverwaltungs GmbH, which has also granted Goldman Sachs an option to purchase the same number of shares at the offer price, less agreed commissions.
Stabilization activities may occur on several trading venues including the Frankfurt Stock Exchange, Xetra, BATS Europe, Chi-X Exchange, and the Munich and Stuttgart stock exchanges.
The notice emphasized that Goldman Sachs is under no obligation to take stabilization measures, which may not necessarily occur and could cease at any time.
Ottobock shares will trade under the ISIN DE000BCK2223 on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.
The information was disclosed in a regulatory announcement based on a press release statement.
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