Jun. 3 at 2:24 PM
$LILMF No, it's not an empty shell company, as the Lilium NV is overindebted. German shell companies no longer have any debts because they have been restructured. However, Lilium NV is not being restructured, there is neither self-administration nor an insolvency plan in accordance with §218 of the German Insolvency Code. According to German insolvency law, the NV is to be liquidated, the creditors are to be satisfied and then the company is deleted due to lack of assets.