Brief: Lilium Says Financial Restructuring With Mobile Uplift Corporation GmbH Agreed

Lilium NV

24/12/2024 14:41

Dec 24 (Reuters) - Lilium NV  5KD.D :
    * LILIUM - FINANCIAL RESTRUCTURING WITH MOBILE UPLIFT
CORPORATION
GMBH AGREED
    * LILIUM  - LILIUM CREDITORS COMMITTEE APPROVED ASSET DEAL
    * LILIUM- PROCEEDS RECEIVED FROM THE SALE WILL BE UTILIZED
ACCORDING TO GERMAN INSOLVENCY LAW, WITH NO AMOUNTS BEING
DISTRIBUTED TO LILIUM N.V.
    * LILIUM - MOBILE UPLIFT CORPORATION GMBH INTENDS TO ACQUIRE
THE
OPERATING ASSETS OF SUBSIDIARIES LILIUM GMBH AND LILIUM
EAIRCRAFT GMBH

Source text: https://tinyurl.com/349jst6k
Further company coverage:  5KD.D 

 ((Reuters.Briefs@thomsonreuters.com;))