SOCIAL COMMERCE GROUP SE (FRA:DE000A1K) EQS-Adhoc: NeXR Technologies SE: Application for opening of insolvency proceedings in self-administration
Transparency directive : regulatory news
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EQS-Ad-hoc: NEXR Technologies SE / Key word(s): Insolvency Disclosure of an inside information according to Article 17 MAR Berlin, 5 May 2023 The Board of Directors of NeXR Technologies SE (“Company” or “NeXR”) has resolved today to file an application for the opening of insolvency proceedings because of imminent insolvency. The insolvency proceedings are to be conducted in the form of self-administration. Business operations will be maintained. The reason for this decision is that NeXR is not yet generating positive cash flows and will only be able to meet current payment obligations until September 2023 due to the non-extension of the financing commitment of the major shareholder (see ad hoc release dated 19 April 2023). Discussions with investors, which have so far been open-ended, are to be continued immediately after the insolvency filing. Notifying person: Alexander Klos, Managing Director (CFO) sp@crossalliance.de Phone: +49 (0) 89 125 09 03-31 End of Inside Information
05-May-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | NEXR Technologies SE |
| Charlottenstraße 4 | |
| 10969 Berlin | |
| Germany | |
| Phone: | +49 (0) 30 403 680 143 |
| Fax: | +49 (0) 30 403 680 141 |
| E-mail: | sp@crossalliance.de |
| Internet: | www.nexr-technologies.com |
| ISIN: | DE000A1K03W5 |
| WKN: | A1K03W |
| Listed: | Regulated Market in Berlin, Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1625743 |
| End of Announcement | EQS News Service |
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1625743 05-May-2023 CET/CEST