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Seems we will still have good chance to be saved next week. Looking forward to good news next week.
https://www.flightglobal.com/aerospace/liliums-future-still-unclear-as-insolvency-filing-pushed-back/161815.article
https://apollo-news.net/flugtaxi-hersteller-lilium-vor-erneuter-insolvenz/
Google translation:
“Air taxi manufacturer Lilium before renewed insolvency
The air taxi manufacturer Lilium is once again facing insolvency, as investor funds are missing. The employees were not paid salaries. An insider warns: "Either the money will arrive in the next few hours, or bankruptcy will be filed tomorrow." The company was once considered a new glimmer of hope in the German start-up industry.”
Anyone hear any news? Up almost 60% today. And I m no longer down!
Where do you see this price going?
This article only mucks up where they are at. In the transition:
https://www.flightglobal.com/aerospace/late-paying-lilium-aerospace-angers-employees-after-wages-slip/161620.article
It is not unusual for “deals” to slip for one reason or another, And it is not unusual for deals to close at the end of the month. So I am only a “little” concerned right now.
Does anyone have an opinion on stock price if it is announced the deal has “closed?” Up? Down? Neutral? How about a %, in your opinion?
My concern is that the current price reflects the “deal” already. But it has continued to slip further down. Maybe because the deal has not closed?
And, I have not seen anything else anywhere when researching.
Frustrating.
I've been watching every day hoping to see something
Any word on the asset purchase deal closing today or tomorrow?
No update 😕 !!!!! At least a f***g spokesman talk and explain what happened to Nasdaq shareholders!!
Some employees called back?
https://www.ainonline.com/aviation-news/futureflight/2025-01-24/some-lilium-staff-recalled-work-buy-out-set-close
Any thoughts on what share price will be by end of the week if closing is to occur on 01-31-2025? What should we be looking at?
https://ukaviation.news/lilium-jet-is-rescued-and-company-rebranded/amp/
Check it out this news today.
It mentioned that a Saudi group ordered 50 Lilium jets. I also remember that in an interview with Lilium CEO last year he said that the company had at least 100 firm orders for Lilium jets. So that implies an potential of more than $1.5B revenue for Lilium. I believe the price will and can go back to dollarland pretty soon once the acquisition is done and company restart business and progress forward.
If you compare Lilium with similar US eVTOL company Archer and Joby for market price and capacity, you will see Lilium has a great potential to reach a market cap of $3-5B within next year when they get the aviation license and start to deliver jets. GLTY
Once (MUC) takes ownership at the end of the month. Will this still trade under LILMF?
If so, Is there a potential for this to push to a dollar again?
EVTL is taking a hit this a.m. Anyone know why?
Ah…. I just found the following in an SEC filing:
As previously reported on the Form 6-K filed on
December 26, 2024, Lilium GmbH and Lilium eAircraft GmbH, the principal operating wholly-
owned German subsidiaries (the “Subsidiaries”)
of Lilium, signed an asset purchase agreement dated December 23, 2024 (the “Agreement”), with MUC
Mobile Uplift Corporation
GmbH (the “Purchaser”), pursuant to which the Purchaser intends to acquire the operating assets of the Subsidiaries. The
main
execution of the Agreement with the transfer of possession of the operating assets and the transfer of the operations of the Subsidiaries
occurred on January
7, 2025. The transfer of ownership of the assets of the Subsidiaries is expected to occur on January 20, 2025. Proceeds
received from the sale will be
utilized according to German Insolvency Law. Lilium will not receive proceeds from the sale which will
enable it to make any distributions to shareholders.
Thanks for the article about the end of January.
https://verticalmag.com/press-releases/lilium-achieves-breakthrough-in-investor-search/
Indicates the following: “Deal closing is currently expected for early January 2025 and is subject to the satisfaction of certain customary conditions precedent, including opening of the proceedings and consent of the creditors committee.”
I was inquiring about the delay? Does anyone have any research on why the deal has not closed?
You can easily find a bunch of recent news about Lilium by searching in Google using "Lilium news". The acquisition is expected to close by end of January. The new investor is expected to inject $200M into the company and restart the business.
Will the investment deal actually close? May I ask where you get your information?
Just read a Chinese news online: A similar German eVTOL company "Volocopter" filed insolvency recently find a Chinese company named Geely for purchase agreement.
It's not every day a company gets bought out by private Investors to be taken out of bankruptcy… This stock was trading well over a dollar last year
Here we go! Genius at work folks :)
Just road Cnrc or crnc whatever it is from $14 to $19 in 10 mins lol dumping profit here
Could be next leg up now
If .30 breaks which I think it will ....40s will come quickly ...the volume today is wild already matching yesterdays
Maybe we will have a run to 0.40s later today. If we pass 0.50 next week, then we should see dollar land very soon. 🤑
Volume here is outstanding today ... Almost ready to surpass yesterday's and the day before
nice never left been adding on the low's, already up nicely today :)
Absolutely I believe it can and will ...I'm back
In ;)
We are moving again. I still hold a bunch of shares at average price of 0.22. Do you think we can see dollar land soon?🤑
Anybody else here having a record-breaking last quarter??
The clothes in the 30s is going to be super bullish for next week. This is going back to a dollar next time they release news.
yep holding up well here even though the markets are tanking
Next week is going to be extremely fun around here
Just averaged up ..grabbed some .28s ... Holding 30000 now .082 average LFG!!!
well you know i was a go for broke kinda guy when i first started 35 years ago lol yeah i went broke ....twice...but i have smartened up since then....profit is profit...i hate holding a fuckkking bag lol i want my bag to catch fire let it burn then i fizzle it out and walk away unless its a good one lol
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