Smag Mobile Antenna Masts AG (Ticker: 1SMA GR) is a German company operating in the aerospace and defense industry, specializing in mobile mast systems for military applications. Smag plans to list on the Frankfurt Stock Exchange’s Scale segment on or around July 13, 2026, offering 2.85 million shares at an expected price range of EUR 46.00 to EUR 54.00 per share. The IPO is expected to raise approximately EUR 154 million, or about $175 million.

The offering consists of 650,000 primary shares from a capital increase and 2.20 million secondary shares from existing shareholders, with a greenshoe option of 367,500 shares. According to published terms, Smag is targeting net proceeds of around EUR 30.5 million from the capital increase. The company plans to use the proceeds for automation, capacity expansion and sales activities. Cantor Fitzgerald is acting as manager of the offering.