Notice of preliminary insolvency proceeding for subsidiary Strax Holding GmbH
Strax Holding GmbH was today notified of a preliminary insolvency proceeding by the court in Bonn, Germany.
This initiates a 90-day procedure where the company works together with an administrator to investigate the potential for the business to continue operations as a going concern.
The holding in Strax Holding GmbH has been written down to zero previously in STRAX AB.