Electrovac AG (Ticker: EVAC GR) is a German company specializing in hermetic glass-to-metal packaging for protecting safety- and mission-critical electronics. Electrovac AG plans to list on the Frankfurt Stock Exchange on April 30, 2026, planning to offer up to 4.76 million shares at an expected price range of EUR 7.80 to EUR 10.20, raising a base amount of EUR 42.23 million (USD 49.83 million). At the midpoint of the price range, the implied market capitalization is approximately EUR 144 million (USD 169.90 million).

According to the prospectus, the company is a fully integrated supplier with end-to-end manufacturing expertise, serving the personal safety, aerospace, and defense sectors with both customized solutions and high-volume series production.

As reported in the published terms, Electrovac plans to use the IPO proceeds primarily to accelerate the expansion of its international production capacity. The offering structure includes up to 3.84 million new shares from a cash capital increase, alongside secondary shares offered by the selling shareholder, Electrovac Holding AG. Reportedly, the underwriters managing the offering include B. Metzler seel. Sohn & Co. AG and BankM acting as joint global coordinators.