$Lilium (LILM.US)$ The subsidiaries will generally not have...

The subsidiaries will generally not have to repay any pre-application debt, Lilium said, adding that creditors typically will be “prohibited from foreclosing against the companies on any claims they may have.”

The subsidiaries’ planned insolvency filings could result in Lilium ultimately delisting from the Nasdaq Global Select Market, or having its shares suspended.

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