Brief: Ayima Group Says Board Has Decided To Apply To Put The Co Into Bankruptcy

Ayima AB (publ)

14/06/2024 18:22

June 14 (Reuters) - Ayima Group AB (publ)  AYIMAb.ST :
    * BANKRUPTCY APPLICATION - AYIMA GROUP AB
    * AYIMA GROUP AB (PUBL) - BANKRUPTCY APPLICATION WILL BE
SUBMITTED
TO STOCKHOLMS DISTRICT COURT (STOCKHOLMS TINGSRÄTT) TODAY, JUNE
14, 2024
    * AYIMA GROUP AB (PUBL) - BOARD'S ULTIMATE CONCLUSION THAT
AYIMA
IS  UNABLE TO SERVICE ITS CREDITORS OR REPAY ITS DEBTS TO ITS
LENDERS
    * AYIMA GROUP AB (PUBL) - IT HAS NO OPTION OTHER THAN TO
APPLY FOR
BANKRUPTCY.
    * AYIMA GROUP - BOARD DETERMINED AYIMA'S OWN FINANCIAL
RESOURCES
ARE ALSO INSUFFICIENT,  SITUATION IS NOT TEMPORARY
    * AYIMA GROUP AB (PUBL) - CO'S POTENTIAL EMERGENCY FUNDING
OPTIONS
HAVE BEEN EXHAUSTED
    * AYIMA GROUP - BOARD DETERMINTED THAT ALL POTENTIAL
EMERGENCY
FUNDING OPTIONS HAVE BEEN EXHAUSTED FOR AYIMA
    * AYIMA GROUP AB (PUBL)-PARENT CO DOES NOT HAVE FINANCIAL
RESOURCES READILY AVAILABLE TO SUPPORT CO'S IMMEDIATE OR LONG
TERM OPERATING CASH REQUIREMENTS

Source text for Eikon:  ID:nWkr9zdDh5 
Further company coverage:  AYIMAb.ST 

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