on GAUSSIN S.A. (EPA:ALGAU)
GAUSSIN SA in receivership with an extended observation period
GAUSSIN SA, a company specializing in innovative transport solutions, was placed in receivership by the Vesoul Commercial Court on September 24, 2024. The company's observation period was extended by six months, until April 3, 2025, to allow GAUSSIN SA to rebuild its cash flow and develop a plan to continue its activities.
This decision follows the company's inability to raise the necessary funds for its initial safeguard procedure. Efforts are underway to secure new financing and restructure liabilities. In parallel, a call for tenders has been launched to consider a possible disposal plan, with a deadline set for 4 November 2024.
R. P.
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