UMT United Mobility Technology AG has invited shareholders to an extraordinary general meeting on 21 October 2026 in Munich to vote on changing the company's name to WAYDEAR AG. The sole agenda item is the amendment to the Articles of Association, which the Management Board and Supervisory Board unanimously recommend. The notice will be published in the Federal Gazette on 14 September 2026, and the meeting documents will be available from that date in the Investor Relations section at www.umt.ag.
The rebranding is the final step in a strategic reorientation that has already been implemented operationally. The former name, "United Mobility Technology," dates back to an earlier business model and no longer reflects the company's current activities. UMT AG now develops and markets agent-based AI solutions (Agentic AI) that automate document-intensive and regulation-driven business processes for small and medium-sized enterprises. Two product lines are already on the market: the Catchflow Agent for EU import processes (CATCH/TRACES) and UMS Vision AI for transport and logistics companies.
This transformation has gained commercial traction. In June, the company secured NORDFROST, the German market leader in frozen food logistics, as a reference customer for CATCH automation, as well as EYE Logistics, another SME freight forwarding client, for UMS Vision AI. Additional customers have been added since then. The guidance published in August remains unchanged: break-even in 2026, with monthly EBITDA break-even expected at the end of 2026, and revenue of between 1.2 and 1.5 million euros in the 2027 financial year with a revenue margin of 60 to 70 per cent. The revenue margin refers to the gross profit margin: revenue less variable sales commissions and other directly attributable service costs, expressed as a proportion of revenue.
CEO Erik Nagel commented, "The reorganisation of UMT AG is complete. The products are on the market, we have secured our first reference customers, and the sales organisation is in place. The company name was the last element that still dated from a different era. With WAYDEAR, we will henceforth operate under a name that says exactly what we do."
The name WAYDEAR combines "Way" – path, process, direction – with "dear" in the sense of valuable, reflecting the company's focus on automating business-critical processes. For shareholders, the change will have no impact on their holdings. The ISIN (DE000A40ZVU2) and WKN (A40ZVU) will remain unchanged, and the shares will continue to be traded on the Open Market (Basic Board) of the Frankfurt Stock Exchange under the new name following registration. A new stock exchange ticker symbol will be applied for after registration and announced separately. Shareholders do not need to take any action.
The name change will take effect upon entry in the Commercial Register. The development underscores the growing importance of Agentic AI in automating complex, regulation-driven workflows, particularly for SMEs that face increasing documentation and compliance burdens. As UMT AG completes its rebranding to WAYDEAR AG, it positions itself to better communicate its value proposition to customers, partners, and investors, while maintaining continuity in its listed securities.
