Legal

Disclaimer & Conflicts of Interest

Key Points No content on Aktienatlas constitutes investment advice. We publish both editorial and paid content; paid content is labelled as »Anzeige« (advertisement). Investments in small caps can result in a total loss of capital.

Please note. This is a courtesy translation. The legally binding version of this page is the German one, which you can read at /de/haftungsausschluss/. Where the two differ, the German text prevails.

No Investment Advice

All content on this website is provided solely for informational and educational purposes. It does not constitute investment advice, an investment recommendation, an offer, or a solicitation to buy or sell any financial instruments. It also does not constitute a financial analysis within the meaning of §85 para. 1 WpHG or Art. 20 of Regulation (EU) No. 596/2014 (Market Abuse Regulation, MAR).

The published content takes into account neither your personal investment objectives nor your financial situation or risk tolerance. Before making any investment decision, you should conduct your own analysis and, where appropriate, consult an independent, registered financial adviser.

Risk Notice

Investments in companies with low market capitalisation (small and micro caps) are highly speculative. Such securities frequently exhibit low trading volumes, wide bid-ask spreads, and above-average price volatility. Many of the companies covered are not profitable and depend on regular injections of capital, which may lead to dilution. A total loss of invested capital is possible. Past performance is not a reliable indicator of future results.

Paid Content and Conflicts of Interest

In addition to editorial content, Aktienatlas also publishes paid content. In the case of such content, the companies featured or third parties have remunerated Aktienatlas for its creation and distribution. This gives rise to a conflict of interest.

Paid content can be identified by:

the visible label »Anzeige« (advertisement) at the beginning of the article,
a dedicated section at /en/sponsored/,
a full disclosure of the commissioning party and the conflict of interest,
outbound links being identified as paid referrals.

Aktienatlas and persons associated with Aktienatlas may hold positions in the securities mentioned. We do not publish price targets or buy recommendations in either editorial or paid content.

Information Provided Without Guarantee

All information is based on publicly available sources and company announcements at the time of publication. No warranty is given as to accuracy, completeness, or currency. Prices and market data may be displayed with a delay. Forward-looking statements — for example regarding clinical trial results, regulatory approval processes, order intake, or market developments — are subject to uncertainties; actual results may differ materially.

Use of Automated Systems

Parts of the content are produced with the assistance of automated systems (AI) and reviewed editorially prior to publication. Images used may be AI-generated; in such cases they are labelled as illustrative images and do not depict actual company facilities or products.

Competent Supervisory Authority

Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Marie-Curie-Str. 24-28, 60439 Frankfurt am Main.

External Links

Responsibility for the content of linked external websites lies solely with the respective provider. No legal violations were apparent on the linked pages at the time of linking.