from Social Commerce Group SE (isin : DE000A1K03W5)
EQS-Adhoc: NeXR Technologies SE: Application for opening of insolvency proceedings in self-administration
EQS-Ad-hoc: NEXR Technologies SE / Key word(s): Insolvency
NeXR Technologies SE: Application for opening of insolvency proceedings in self-administration
05-May-2023 / 11:32 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Disclosure of an inside information according to Article 17 MAR
NeXR Technologies SE: Application for opening of insolvency proceedings in self-administration
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)
For further information, please contact:
NEXR Technologies SE
Sven Pauly, CROSS ALLIANCE communication GmbH
sp@crossalliance.de
www.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.
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| 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 |
1625743 05-May-2023 CET/CEST