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e.GO, Germany files application for opening of insolvency proceedings

On March 8, Next.e.GO Mobile SE (“e.GO”) announced its decision to apply for opening of insolvency proceedings with the competent district court of Aachen (Amtsgericht Aachen). e.GO is a wholly-owned subsidiary of Next.e.GO N.V., which is listed on Nasdaq.
The decision for insolvency proceedings comes amidst a backdr....

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