Lilium (LILM) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Lilium N.V. is facing financial challenges as its German subsidiaries are set to file for insolvency due to insufficient funds, risking delisting from Nasdaq and potentially impacting shareholder investments. The company is exploring self-administration proceedings in Germany, which may enable a structured restructuring process under court supervision. These developments raise significant concerns about the future liquidity and trading conditions of Lilium’s shares.
For further insights into LILM stock, check out TipRanks’ Stock Analysis page.