Local court approved insolvency filings of Lilium’s German subsidiaries and appoints custodian and Chief Insolvency Officers (CIOs) The Lilium business remains fully focused on re-emerging ...

Lilium GmbH MUNICH, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (the “Company” or “Lilium”), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility ...

Lilium, the manufacturer of an electric vertical takeoff and landing (eVTOL) jet designed to fly as many as seven passengers on 100-mile trips between cities, is out of cash. The firm on Thursday ...

Lilium N.V.,(Nasdaq: LILM) a developer of electric aircraft for Regional Air Mobility (RAM), recently announced it has engaged KPMG to oversee a structured and open M&A process. The Local Court of ...

The air taxi developer first announced its intention to file for insolvency for Lilium GmbH and Lilium eAircraft GmbH on Thursday in a notification to the US Securities and Exchange Commission (SEC).

The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when Germany's Lilium succumbed to a cash crisis, throwing a fresh spotlight on ...

The all-electric Lilium Jet, a vertical takeoff and landing (VTOL) design being developed by German manufacturer Lilium, may need to find new life elsewhere. Lilium on Tuesday enlisted accounting ...

Lilium (NASDAQ:LILM) has tapped KPMG to conduct a structured M&A process, as the cash-strapped air-taxi maker looks to re-emerge following restructuring. KPMG has been appointed to conduct an open ...

Lilium has appointed accountancy firm KPMG to sell the business, as the cash-strapped air taxi developer seeks new investment. Bavaria, Germany-based Lilium says the first investor briefings under ...

Lilium (LILM) announced that it has appointed KPMG to conduct an open, transparent and fair M&A process. First investor briefings will start soon. This followed the local court of Weilheim’s ...

MUNICH - Electric aircraft manufacturer Lilium N.V. (NASDAQ:LILM), known for its work in Regional Air Mobility (RAM), is facing the suspension of trading for its Class A ordinary shares and ...

KPMG mandated for a structured M&A process – first investor briefings to start soon Local court approved insolvency filings of Lilium’s German subsidiaries and appoints custodian and ...