EQS-Adhoc: tubesolar AG: Executive Board no longer considers a positive continuation of the company to be predominantly probable

EQS

Im Artikel erwähnte Wertpapiere: TubeSolar AG

EQS-Ad-hoc: tubesolar AG / Key word(s): Liquidity Problem
tubesolar AG: Executive Board no longer considers a positive continuation of the company to be predominantly probable

02-May-2023 / 19:55 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.


tubesolar AG: Executive Board no longer considers a positive continuation of the company to be predominantly probable

Augsburg, May 2, 2023 - Based on information received today regarding the status of negotiations with potential investors, the Executive Board of tubesolar AG has come to the conclusion that, in the view of the Executive Board, the talks held in recent weeks regarding he short-term provision of additional financing will no longer lead to a successful conclusion with the required probability.
Against this background, the Executive Board currently no longer considers the positive continuation of the company as a going concern to be predominantly probable If tubesolar AG does not succeed in raising the necessary additional funds, the Management Board is expected to file for insolvency proceedings with the competent insolvency court by the end of May due to the threat of insolvency.

Contact: 
Investor Relations:
Quadriga Communication GmbH | Kent Gaertner
+49 30 3030 808 910 | gaertner@quadriga-communication.de
 


End of Inside Information

02-May-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: tubesolar AG
Berliner Allee 65
86153 Augsburg
Germany
Phone: +49 821 899 830 50
E-mail: ir@tubesolar.de
Internet: www.tubesolar.de
ISIN: DE000A2PXQD4
WKN: A2PXQD
Listed: Regulated Unofficial Market in Dusseldorf (Primärmarkt), Frankfurt, Munich (m:access)
EQS News ID: 1622535

 
End of Announcement EQS News Service

1622535  02-May-2023 CET/CEST

Im Artikel erwähnte Wertpapiere

TubeSolar AG 0,025 0,00%
close

Populäre Aktien