Lilium NV and its top executives touted the jet maker’s “fundraising success” before disclosing that its main subsidiaries ...

Lilium initiates restructuring and investment efforts to advance its all-electric aircraft development amid insolvency ...

KPMG mandated for a structured M&A process – first investor briefings to start soon   Local court approved insolvency filings ...

Flying taxi startup Lilium faces significant risk of going bankrupt or shutting down if it can’t raise additional funds.

Lilium shares are trading lower by 11% Monday morning. The company received a Nasdaq notice of the suspension and delisting ...

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Lilium N.V. (“Lilium” or the ...

For the past couple of years, Lilium has struggled to raise enough funds to remain competitive. It may now be nearing the end of the road. The electric-vertical-takeoff-and-landing (eVTOL) startup ...

In the U.S., Lilium is working with newly formed operator UrbanLink Air Mobility to launch service in South Florida, ...

Insolvency and restructuring experts from Gorg and Pluta Rechtsanwalts will shortly begin seeking buyers for Lilium's main ...

German air-taxi maker Lilium said on Monday it would file for insolvency "soon", after efforts to solve its cash-crisis failed to yield results.

German air-taxi maker Lilium, which is set to file for insolvency after running into a cash crisis, said on Tuesday it had ...

Lilium (LILM) announced that it has appointed KPMG to conduct an open, transparent and fair M&A process. First investor briefings will ...