Euronext reports the board of directors of Nordic Unmanned ASA on 3 February 2025 resolved to file a petition for bankruptcy at Sør-Rogaland tingrett (Sør-Rogaland District Court).
“The decision is based on the Company facing an immediate lack of liquidity, estimated to be in the amount of MEUR 4, mainly based on loss of bids assumed to be won, lack of expected funds for services delivered, additional unforeseen capex and financing needs in its subsidiaries.,” said the report. “While the Company has sought to explore all realistic potential mitigating actions, this has unfortunately not led to the identification of any viable solution to the situation in time.
“Questions regarding the further bankruptcy proceedings should be addressed to the bankruptcy trustee when appointed by Sør-Rogaland District Court.”
In October last year the NU Group announced plans to to raise NOK 45 million through a share issue.
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https://live.euronext.com/en/products/equities/company-news/2025-02-03-nordic-unmanned-asa-resolution-file-petition-bankruptcy