Lilium Initiates Insolvency Proceedings Amid Board Changes
2 days ago · Nov. 12, 2024, 10:20 AM. Lilium (LILMF) has released an update. Lilium N.V. has initiated insolvency proceedings in Germany, appointing a preliminary insolvency administrator to manage its assets ...
Air taxi maker Lilium is out of money and may cease operations
Oct 24, 2024 · Electric vertical takeoff and landing aircraft pioneer Lilium has run out of funding and will imminently stop operations. Its first deliveries were set for 2026.
Lilium News and Updates - Newsroom and Media Kit - Lilium
May 11, 2024 · Lilium announces intention to list on Nasdaq through a merger with Qell Acquisition Corp., and reveals development of its 7-Seater electric vertical take-off and landing jet. Read all the latest news and information from Lilium. Press enquiries can contact us here or download our Media Kit.
Lilium Launches M&A Process with KPMG, Targets Program …
Nov 5, 2024 · KPMG mandated for a structured M&A process – first investor briefings to start soonLocal court approved insolvency filings of Lilium’s German subsidiaries and appoints custodian and Chief ...
Air taxi firm Lilium’s shares plunge 61% after company says main ...
Oct 24, 2024 · German company Lilium produces flying electric passenger drones. Lilium. Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries will file for...
German air-taxi maker Lilium's units to file for insolvency, shares ...
Oct 24 (Reuters) - German air-taxi developer Lilium (5KD.F) said on Thursday two of its subsidiaries in the country have decided to file for insolvency following unsuccessful talks with state and...
Lilium faces insolvency as air taxi firm struggles to raise cash
Oct 23, 2024 · Key Points. Lilium has been negotiating emergency capital financing with government officials in Germany. The firm’s request to receive 50 million euros ($54 million) of state aid from the...
Lilium officially files for insolvency - electrive.com
Oct 29, 2024 · Lilium has now officially filed for insolvency for its two most important subsidiaries. The German electric flying taxi developer filed for self-administration proceedings at Weilheim Local Court on Monday.
Nasdaq stock exchange to delist Lilium following insolvency filings
Oct 29, 2024 · The Nasdaq stock exchange will halt trading of financially embattled air taxi developer Lilium’s shares after 5 November, a move coming in response to insolvency filings for two of the German...
News Releases - Lilium N.V.
Oct 23, 2024 · MUNICH, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (the “Company” or “Lilium”), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), on Tuesday, October 29, 2024, announced in a Form 6-K filed with the Securities and Exchange Commission that the.
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