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AERWINS Technologies Inc. has reported significant corporate developments in a recent Form 8-K filing with the U.S. Securities and Exchange Commission. On January 10, 2024, the company announced the commencement of bankruptcy proceedings against its wholly owned indirect subsidiary, A.L.I. Technologies Inc., following its voluntary bankruptcy petition filed in Tokyo on December 27, 2023. The Tokyo District Court has appointed Gaku Iida as the trustee, with a status report meeting scheduled for May 14, 2024. As a result, AERWINS will deconsolidate A.L.I. from its financial statements in accordance with U.S. GAAP. Concurrently, AERWINS is relocating its operations from Tokyo to Los Angeles and focusing on the development of FAA-compliant manned air vehicles (MAVs). The company has entered into a Letter of Intent with Helicopter Technology Company to form an entity that will be 70% owned by AERWINS. The MAV is being designed for various applications, including military use, with a sales launch targeted for the end of 2027. CEO Kiran Sidhu is leading the MAV development, with the redesign process already underway.
AERWINS Technologies Inc. has reported significant corporate developments in a recent Form 8-K filing with the U.S. Securities and Exchange Commission. On January 10, 2024, the company announced the commencement of bankruptcy proceedings against its wholly owned indirect subsidiary, A.L.I. Technologies Inc., following its voluntary bankruptcy petition filed in Tokyo on December 27, 2023. The Tokyo District Court has appointed Gaku Iida as the trustee, with a status report meeting scheduled for May 14, 2024. As a result, AERWINS will deconsolidate A.L.I. from its financial statements in accordance with U.S. GAAP. Concurrently, AERWINS is relocating its operations from Tokyo to Los Angeles and focusing on the development of FAA-compliant manned air vehicles (MAVs). The company has entered into a Letter of Intent with Helicopter Technology Company to form an entity that will be 70% owned by AERWINS. The MAV is being designed for various applications, including military use, with a sales launch targeted for the end of 2027. CEO Kiran Sidhu is leading the MAV development, with the redesign process already underway.
AERWINS Technologies Inc.在最近向美国证券交易委员会提交的8-K表格中报告了公司的重大发展。2024年1月10日，该公司宣布启动对其全资间接子公司A.L.I. Technologies Inc.的破产程序，此前该公司于2023年12月27日在东京提交了自愿破产申请。东京地方法院已任命饭田岳为受托人，现状报告会议定于2024年5月14日举行。因此，AERWINS将根据美国公认会计原则将A.L.I. 从其财务报表中分离出来。同时，AERWINS正在将其业务从东京转移到洛杉矶，并专注于开发符合美国联邦航空局标准的载人飞行器（MAV）。该公司已与直升机技术公司签订了意向书，以组建一个实体，由AERWINS持有70％的股权。MAV 专为包括军事用途在内的各种应用而设计，计划于 2027 年底开始销售。首席执行官基兰·西杜正在领导MAV的开发，重新设计过程已经在进行中。
AERWINS Technologies Inc.在最近向美国证券交易委员会提交的8-K表格中报告了公司的重大发展。2024年1月10日，该公司宣布启动对其全资间接子公司A.L.I. Technologies Inc.的破产程序，此前该公司于2023年12月27日在东京提交了自愿破产申请。东京地方法院已任命饭田岳为受托人，现状报告会议定于2024年5月14日举行。因此，AERWINS将根据美国公认会计原则将A.L.I. 从其财务报表中分离出来。同时，AERWINS正在将其业务从东京转移到洛杉矶，并专注于开发符合美国联邦航空局标准的载人飞行器（MAV）。该公司已与直升机技术公司签订了意向书，以组建一个实体，由AERWINS持有70％的股权。MAV 专为包括军事用途在内的各种应用而设计，计划于 2027 年底开始销售。首席执行官基兰·西杜正在领导MAV的开发，重新设计过程已经在进行中。
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