BaFin issued a notice on 12 January 2021 ordering ItN Nanovation AG to comply with the financial reporting requirements under sections 114 et seq. of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG) and threatening to impose coercive fines totalling EUR 90,000.
ItN Nanovation AG contravened the requirements under section 115 (1) sentences 1 and 4 of the WpHG with respect to the half-yearly financial report for the financial year 2020.
The notice is final and binding.
