13.09.2024 21:22:36

EQS-Adhoc: Endor AG: Endor AG's business is taken over by CORSAIR

EQS-Ad-hoc: Endor AG / Key word(s): Insolvency/Disposal
Endor AG: Endor AG's business is taken over by CORSAIR

13-Sep-2024 / 21:22 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of inside information pursuant to Article 17(1) of Regulation (EU) 596/2014 on market abuse

 

Endor AG's business is taken over by CORSAIR

Landshut, September 13, 2024 – Insolvency proceedings were initiated for Endor AG (WKN 549166 / ISIN: DE0005491666) by a decision of the Landshut insolvency court on September 13, 2024 under the file number IN 542/24. Lawyer Dr Hubert Ampferl, a partner at the law firm Dr Beck & Partner, was appointed as the insolvency administrator. CORSAIR® (Nasdaq: CRSR) has acquired the business operations of Endor AG as part of an asset deal. The shares in the foreign subsidiaries will also be transferred. Additionally, CORSAIR will take over all active employment contracts of Endor AG. Endor AG will be fully liquidated as part of the insolvency proceedings and its stock market listing will be terminated shortly. Shareholders should expect not to receive any payments. The company’s real estate remains up for sale.

 

Notifying persons:

Dr Hubert Ampferl, insolvency administrator
Andress Ruff, CEO/CRO
Matthias Kosch, CFO

 

 



End of Inside Information

Information and Explanation of the Issuer to this announcement:

Contact:
Endor AG, Investor Relations
Tel.: +49(0)871-9221 222
E-Mail: investor_relations@endor.ag

Press and investor enquiries:

Jasmin Dentz, GFD Finanzkommunikation
E-Mail: dentz@gfd-finanzkommunikation.de
Peter Herkenhoff, GFD Finanzkommunikation
E-Mail: herkenhoff@gfd-finanzkommunikation.de


13-Sep-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Endor AG
E.ON-Allee 3
84036 Landshut
Germany
Phone: +49-(0)871-9221-122
Fax: +49-(0)871-9221-221
E-mail: ir@endor.ag
Internet: www.endor.ag
ISIN: DE0005491666
WKN: 549166
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart
EQS News ID: 1988227

 
End of Announcement EQS News Service

1988227  13-Sep-2024 CET/CEST

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