Announcement of a Legal Challenge by Tiscon AG
On 24 October 2025, Tiscon AG disclosed that a legal challenge has been filed against the resolutions adopted at its ordinary general meeting held on 20 August 2025. The company stated that shareholders who lodged objections to the meeting’s minutes have now initiated an Anfechtungsklage (challenge lawsuit) before the Landgericht Frankfurt am Main, fifth chamber for commercial matters (Aktenzeichen 3‑05 O 235/25).
Resolved Items Under Challenge
The shareholders who are contesting the resolutions include Karl‑Walter Freitag (3 shares) and Metropol Vermögensverwaltungs‑und Grundstücks‑GmbH (40 shares). They seek to invalidate the following items from the August meeting:
| Item | Description |
|---|---|
| TOP 4 | Election of the auditor |
| TOP 5 | Continuation of the company |
| TOP 6 | Relocation of the company’s seat and other amendments to the articles of association |
| Absetzung (withdrawal) of agenda points 1‑3 and 7‑9 |
The challenge is expected to halt the corporate‑governance developments of Tiscon AG until a court decision is rendered.
Court Proceedings
The lawsuit will be heard at the Landgericht Frankfurt am Main. A preliminary hearing (“Güteverhandlung”) and a subsequent oral hearing are scheduled for 19 March 2026 at 10:00 a.m. The court’s decision on the validity of the contested resolutions will determine whether the company’s governance structure and strategic plans can proceed.
Company Context
Tiscon AG, headquartered in Linden, operates in the information‑technology sector, offering a wide range of hardware and software products, including personal computers, servers, and mobile computing devices. The company’s stock trades on the Frankfurt Stock Exchange in euros, with a closing price of €1.85 on 22 October 2025 and a market capitalization of €462,500. Its 52‑week trading range extended from €0.40 to €6.80.
The filing of the challenge reflects a significant legal and corporate‑governance event for the company, potentially affecting its strategic direction and shareholder relations until the matter is resolved by the court.
