Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG announced a private placement of 1,520,000 shares at a price of €1.50 per share for gross proceeds of €2,280,000 on March 9, 2018. The transaction will involve participation from institutional investors. The company issued common stock in the transaction. Pursuant to the transaction, the registered capital of the company will increase to €16,750,000.