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Lilium ( (LILMF) ) just unveiled an announcement.
On October 28, 2024, Lilium N.V. received a notice from Nasdaq about the suspension of its Class A ordinary shares and warrants, leading to their trading over-the-counter starting November 6, 2024. The delisting process is set to conclude with a Form 25 filing on March 21, 2025, marking a significant shift in the company’s market presence. Additionally, insolvency proceedings began in January 2025 in Germany, with no expected distributions to shareholders, indicating financial distress and potential implications for stakeholders.
More about Lilium
Lilium N.V. operates in the aviation industry, focusing on the development of electric vertical take-off and landing (eVTOL) aircraft. The company aims to revolutionize regional air mobility with its innovative air taxi services.
YTD Price Performance: -68.18%
Average Trading Volume: 6,866,360
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $44.37M
For detailed information about LILMF stock, go to TipRanks’ Stock Analysis page.