on GAUSSIN S.A. (EPA:ALGAU)
GAUSSIN: Status report as of November 11, 2024
Since September 24, 2024, GAUSSIN has been under receivership proceedings, according to a press release dated September 30. The company suspended its listing on Euronext on October 21, after atypical trading linked to rumors about its future. This press release authorizes the listing of the stock again.
Two offers for the takeover of GAUSSIN were deemed insufficient by the judicial administrators, leading to their examination being postponed until November 27.
GAUSSIN has not yet published its 2023 accounts, postponing its general meeting to November 30. The 2023 results, still unaudited, show a turnover of 12 million euros, down from 2022. Estimated liabilities reach 141 million euros while available cash is around 1 million euros, with orders significantly reduced in 2024.
R. H.
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