Core Insights - SCHMID Group N.V. has secured a two-tranche term loan facility of up to €10 million to strengthen its financial structure and working capital [1][2] - The first tranche of €2.5 million is expected to be drawn on December 18, 2025, with the second tranche anticipated in early 2026 [2] - The company appointed Arthur Schuetz as the new Chief Financial Officer, effective January 1, 2026, bringing over 20 years of investment banking experience [3][4] Financial Structure - The term loan includes an optional equity conversion right at a fixed share price of USD 2.15 per share [1] - A related party loan raised an additional €200,000, involving the company's Chairman, Board members, and external investors [1] - The financing aims to convert strong order intake into revenues and optimize the company's capital structure for future opportunities [2] Leadership Changes - Arthur Schuetz will replace Julia Natterer as CFO, who will focus on daily operations at Gebr. Schmid GmbH [3] - Schuetz's background includes leading equity and debt capital fundraisings and managing complex cross-border M&A transactions [3][4] - The board expresses confidence in Schuetz's ability to enhance the company's financial strategy and stakeholder value [4] Company Overview - SCHMID Group is a global leader in high-tech electronics, photovoltaics, glass, and energy systems, headquartered in Freudenstadt, Germany [7] - The company employs over 800 staff and operates technology centers and manufacturing sites in Germany and China [7] - It focuses on customized equipment and process solutions, ensuring high technology levels and sustainability in production processes [7]

Core Insights - SCHMID Group N.V. reported a decline in revenues and gross profits for the first half of 2025 compared to the same period in 2024, primarily due to weak performance in Asia, China, and Europe [3][8] - The company has updated its full-year 2025 sales guidance, indicating that sales will be at the lower end of the previously estimated range due to delays in receiving advance payments and project postponements [5][6] - The company is actively pursuing additional funding through equity and debt investments to support its operations and growth [7][10] Financial Performance - Revenues for the first half of 2025 were €16.9 million, down from €29.7 million in the same period last year, attributed to lower order volumes in Asia, Europe, and the USA [8] - The gross profit for the first half of 2025 was €-1.7 million, a significant decrease from €5.6 million in the previous year, mainly due to low revenue levels [8] - The operating result for the first half of 2025 was €-7.8 million, an improvement from €-70.1 million in the same period last year, driven by lower revenue and negative gross profit [8] Outlook and Guidance - The company expects full-year 2025 sales to be between €72 million and €77 million, with an unadjusted EBITDA margin projected at approximately 15% [5][6] - For 2026, the company anticipates sales revenue exceeding €100 million and an adjusted EBITDA margin of more than 12% [11] Funding and Financial Structure - The company has successfully concluded negotiations for a debt-equity swap with XJ Harbour Ltd., which will offset over USD 26 million in financial liabilities [7] - A loan facility agreement amounting to up to €10 million has been signed, with the first tranche of €2.5 million expected to be drawn down shortly [7][9] - The company also raised €200,000 through a loan with a related party, with a market-standard interest rate and a maturity of 15 months [9] Assets and Liabilities - As of June 30, 2025, total assets were €111.6 million, slightly up from €110.5 million at the end of 2024 [20][22] - The equity attributable to owners of the group was €-55.3 million, compared to €-43.3 million at the end of 2024, indicating a deterioration in financial health [21]

Core Insights - The SCHMID Group has successfully delivered and installed its first InfinityLine C+ system for a leading Japanese customer in the Advanced Packaging and high-end substrate market, marking a significant milestone in the company's innovation leadership [1][2] Technology Overview - The InfinityLine C+ is a next-generation vertical spin process technology that offers best-in-class uniformities, touch-free operation, single-panel processing, and fully automated panel handling [2][3] - This modular, vertical, touch-free cluster tool supports a wide range of critical wet processes for high-density interconnect (HDI) and advanced substrate applications, minimizing handling and maximizing yield [3][12] Customer Benefits - The features of the InfinityLine C+ enable higher uptime, stable output, and lower total cost of ownership for customers involved in manufacturing advanced substrates and Panel Level Packaging (PLP) architectures [4][5] - The system integrates high-precision developing, selective flash etching, and efficient wet-film stripping into a fully automated platform, enhancing the development of next-generation PLP technologies [5][6] Competitive Advantages - The InfinityLine C+ achieves a consistent 2 µm line-space performance, providing manufacturers with uncompromising uniformity, flexibility, and yield [6][12] - The system's seamless logistics integration and vertical single-panel handling further enhance its competitiveness in the market [6] Market Positioning - With the successful implementation of the InfinityLine C+, SCHMID is entering the commercialization phase, offering further customer demonstrations and volume-production configurations [7] - The InfinityLine C+ complements SCHMID's existing platforms (InfinityLine P+, H+, and V+) and strengthens its portfolio of advanced wet-process equipment [7] Company Background - The SCHMID Group is a global leader in providing solutions for the high-tech industry, focusing on electronics, photovoltaics, glass, and energy systems, with over 800 employees worldwide [9] - Founded in 1864, the company develops customized equipment and process solutions for various industries, ensuring high yields at low production costs and sustainability through environmentally friendly manufacturing processes [9]

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving SCHMID Group N.V. following a significant stock price drop after the company announced it may be delisted from Nasdaq due to failure to file its annual report for 2024 [1][2]. Group 1: Company Actions and Financial Impact - On November 17, 2025, SCHMID Group N.V. received a staff determination letter from Nasdaq indicating the potential delisting of its ordinary shares and warrants due to the failure to file its annual report for 2024 [2]. - Following the announcement, SCHMID's stock price decreased by $1.73 per share, representing a decline of 31.51%, closing at $3.76 per share on November 18, 2025 [2]. Group 2: Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of investors of SCHMID Group N.V. to determine if the company and its officers or directors have engaged in securities fraud or other unlawful business practices [1].

Core Insights - SCHMID Group's InfinityLine L+ has won the Innovation Award at productronica 2025 for its advanced Chemical Mechanical Planarization (CMP) solution for large-format substrates, highlighting the company's leadership in next-generation manufacturing [1][3] - The InfinityLine L+ is designed for CMP processing of rectangular substrates and PCBs up to 24.5" × 24.5", enabling sub-5 µm structures in high-volume manufacturing, particularly for advanced packaging technologies [2][5] Technology and Features - The InfinityLine L+ features a novel design where slurry is applied centrally and evenly, supported by a dedicated clamping and backing system, ensuring maximum flatness and process stability [4] - It operates under SCHMID's "Oscar" principle, combining low slurry consumption, high removal rates, and excellent uniformity, with features like platen cooling and variable pressure control to enhance reliability [5] Applications and Market Impact - The InfinityLine L+ sets a new benchmark in advanced packaging by bridging semiconductor wafer processes with next-generation substrate demands, providing a scalable solution for various applications [6] - Target markets include manufacturers of substrates for AI, advanced packaging producers, and photonics companies, indicating a broad applicability of the technology [11]

Core Insights - The financial year 2024 was significantly impacted by weak demand in China due to trade conflicts, resulting in sales of approximately €61 million and an adjusted EBITDA of approximately €0 million [2] - The company anticipates a recovery in sales growth for 2026, projecting revenues over €100 million, driven by advanced technology products and a healthy order backlog of over €53 million as of mid-November 2025 [1][8] - The company is undergoing a restructuring process to reduce financial liabilities by over €30 million through various debt-to-equity swaps and waivers from majority shareholders [5][6] Financial Performance - Preliminary financial results for 2024 indicate an unadjusted EBITDA of approximately €-56 million, influenced by special accounting charges and costs related to the Nasdaq listing [2][3] - For 2025, the company expects sales between €72 million and €77 million, with an unadjusted EBITDA projected to be around 15% of sales [4] - The company is negotiating a financing package of at least a double-digit million amount to support R&D, cover IPO costs, and ensure sufficient working capital [6] Market Outlook - The market relevant to the company's products showed significant recovery in Q2 2025, with expectations of higher sales growth in 2026 compared to previous years [1][7] - The company is focusing on technological advancements in AI applications and high-tech sectors, which are expected to drive disproportionate growth [7] - The company aims to achieve an adjusted EBITDA margin of more than 12% on sales for 2026 [8] Strategic Initiatives - The company is actively pursuing cost reduction programs to ensure long-term success while expanding its product portfolio to meet technological challenges [7] - Discussions with investors regarding potential equity or debt investments were initiated, although a planned investment was halted due to regulatory intervention [5] - The company is set to finalize its 2024 financial statements and publish its annual report on Form 20-F following the completion of its financing package [6]

Core Viewpoint - SCHMID Group N.V. is facing potential delisting from Nasdaq due to non-compliance with filing requirements, but the company plans to appeal the determination and seeks to maintain its listing status [1][2][3] Group 1: Nasdaq Delisting and Appeal - On November 12, 2025, SCHMID received a Determination Letter from Nasdaq regarding its non-compliance with filing requirements, which could lead to delisting unless an appeal is made [1] - The company intends to appeal the determination and will request a hearing, which could temporarily stay the suspension of its ordinary shares and warrants for 15 days [2] - If the appeal is successful, the company may request an extended stay to keep its shares listed during the appeal process [2] Group 2: Compliance and Reporting - SCHMID is working to complete and file its Annual Report on Form 20-F for the year ended December 31, 2024, with the SEC as soon as possible [3] - There is no guarantee that the company will be able to comply with all listing requirements even if an extension is granted by the Nasdaq Hearings Panel [3] Group 3: Business Operations - The receipt of the Determination Letter does not impact the company's business operations or its reporting obligations with the SEC [4] Group 4: Company Overview - SCHMID is a global leader in high-tech solutions across various industries, including electronics, photovoltaics, and energy systems, with over 800 employees worldwide [6] - The company focuses on developing customized equipment and process solutions, ensuring high efficiency and sustainability in manufacturing [7]

Core Points - SCHMID Group N.V. received a determination letter from Nasdaq regarding non-compliance with filing requirements, which may lead to delisting unless an appeal is made [1][2] - The company plans to appeal the determination and request a stay of suspension for its ordinary shares and warrants, which would allow continued trading on Nasdaq during the appeal process [2][3] - The company is working to file its Annual Report on Form 20-F for the year ended December 31, 2024, but there is no guarantee that the appeal or stay will be granted [3][4] Company Overview - SCHMID is a global leader in providing solutions for the high-tech industry, focusing on electronics, photovoltaics, glass, and energy systems [6] - The company, founded in 1864, employs over 800 people worldwide and operates technology centers and production facilities in Germany and China [6] - SCHMID develops customized equipment and process solutions for various industries, ensuring high efficiency, quality, and sustainability through environmentally friendly manufacturing processes [6] Recent Developments - SCHMID has secured major orders for AI server PCB production equipment, indicating growth in its business operations [7][9] - The company will deliver a complete wet-process equipment setup featuring advanced V+ and H+ systems, marking a significant development in its product offerings [9]

Core Insights - SCHMID Group has successfully secured two significant orders in the rapidly growing field of Panel Level Packaging and mSAP production Equipment [1][4] Company Developments - The first project involves delivering a cluster configuration of InfinityLine C+ and InfinityLine H+ equipment to a leading global technology company in Southeast Asia, which specializes in semiconductors and infrastructure software [2][3] - The second project includes supplying horizontal InfinityLine H+ and vertical InfinityLine V+ machines to a customer in China, aimed at expanding mSAP capacities for AI Server PCB and similar products [3] Market Context - The orders highlight SCHMID Group's increasing role in advanced electronics manufacturing amid unprecedented AI-driven demand [4] - Global semiconductor revenues are projected to reach $785 billion in 2025 and accelerate toward $1.1 trillion by 2029, primarily driven by AI-centric architectures and data-intensive computing [5] - A 24% year-over-year increase in AI server shipments is forecasted for 2025, with North American hyperscalers leading the demand [5] Industry Trends - The surge in AI infrastructure investment is reshaping the IC-substrate and advanced PCB ecosystem, with a notable rise in demand for large-body substrates to meet next-generation performance requirements [6] - SCHMID's advanced process equipment portfolio is strategically relevant for enabling scalable, high-yield manufacturing for next-generation packaging technologies [6] Executive Insights - The projects reflect customer confidence in SCHMID's ability to deliver reliable and scalable production solutions for next-generation Advanced Packaging, as stated by the company's CSO [7]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Ventyx Biosciences, Inc. (VTYX) increased by 108% to $8.05 - Brera Holdings PLC (SLMT) rose by 49% to $12.50 - Safe & Green Holdings Corp. (SGBX) gained 39% to $3.18 - American Rebel Holdings, Inc. (AREB) up by 26% to $2.71 - Tango Therapeutics, Inc. (TNGX) increased by 18% to $10.25 - Garrett Motion Inc. (GTX) rose by 14% to $14.30 - ETHZilla Corporation (ETHZ) gained 12% to $17.61 - D-Wave Quantum Inc. (QBTS) increased by 11% to $30.40 - IonQ, Inc. (IONQ) rose by 10% to $61.04 - Megan Holdings Limited (MGN) up by 7% to $2.31 [3] Premarket Losers - Splash Beverage Group, Inc. (SBEV) decreased by 21% to $2.06 - Molina Healthcare, Inc. (MOH) down by 18% to $158.44 - SCHMID Group N.V. (SHMD) fell by 18% to $3.18 - Beyond Meat, Inc. (BYND) decreased by 18% to $2.91 - Agencia Comercial Spirits Ltd (AGCC) down by 16% to $5.07 - Super League Enterprise, Inc. (SLE) fell by 13% to $2.25 - Armata Pharmaceuticals, Inc. (ARMP) decreased by 12% to $5.99 - Applied DNA Sciences, Inc. (BNBX) down by 12% to $4.19 - Ribbon Communications Inc. (RBBN) fell by 12% to $3.49 - Tamboran Resources Corporation (TBN) decreased by 11% to $21.81 [4]