Gabler Group AG (Ticker: XK4 GR) is a German company specializing in mission-critical subsea technologies, including submarine systems, communications, and power. Gabler Group plans to list on the Frankfurt Stock Exchange (Scale segment) on March 9, 2026, planning to offer up to 3,018,750 shares at €37.00 to €47.00 per share, raising €112 million to €142 million (approximately $132.2 million to $167.6 million). The company has an implied valuation of $264.1 million to $335.4 million. Gabler Group reportedly plans to use the IPO proceeds to fund balance sheet strengthening, R&D, growth, and acquisitions.

The offering consists of 1.05 million newly issued shares alongside 1.575 million existing shares sold by current backer Possehl Group, which plans to retain a minority holding. The deal includes a 15% greenshoe option, leading to a 49.9% free float if fully exercised, and features a 12-month lock-up period. According to sources, order books were fully covered on the first day of the offering. Cantor Fitzgerald acts as the sole global coordinator and joint bookrunner, alongside Bankhaus Metzler as joint bookrunner.