Brief: Carmat: Judiciary Administrator Has Submitted Request To Convert Receivership Into Liquidation To Court

Carmat SA

01/10/2025 06:37

Oct 1 (Reuters) - Carmat SA ALCAR.PA:

JUDICIARY ADMINISTRATOR HAS SUBMITTED TO COURT A REQUEST AIMING AT CONVERTING RECEIVERSHIP INTO A LIQUIDATION PROCEDURE

LIQUIDATION PROCEDURE SHOULD BE REVIEWED BY COURT DURING A HEARING SCHEDULED ON OCTOBER 14, 2025

NOW EXTREMELY PROBABLE THAT COURT WILL, ON OCTOBER 14, 2025, DECIDE LIQUIDATION OF COMPANY

HIGHLY PROBABLE THAT SHAREHOLDERS WILL LOSE TOTAL VALUE OF THEIR INVESTMENT

MAJOR PART OF CARMAT'S CREDITORS WILL INCUR A VERY SIGNIFICANT LOSS OF UP TO TOTAL VALUE OF THEIR RECEIVABLES

A LIQUIDATION WILL LEAD TO DELISTING OF ITS SHARES CURRENTLY LISTED ON EURONEXT GROWTH

Source text: ID:nBw1b5pNSa

Further company coverage: ALCAR.PA

 (Gdansk Newsroom)

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