(CercleFinance.com) – Pixium Vision announced Monday that the Paris Commercial Court would rule on December 18 on the only takeover offer received by its judicial administrators.
Concomitantly with this decision, the courts will also have to rule on the follow-up to be given to the judicial liquidation procedure in which the bionic vision specialist is finding himself.
As a reminder, only one takeover offer was submitted before the deadline for submitting offers, set for November 20, and the candidate will have until December 13, 2023 to improve their offer.
In this context, the company plans to request from Euronext the delisting of Pixium shares.
In a press release, the group draws the attention of investors to the fact that in the state of the offer, and taking into account its level of debt, the sale proceeds will not allow a total or partial reimbursement of the shareholders.
Listed on the Paris Stock Exchange, Pixium Vision shares fell by more than 22%, bringing its decline since the start of the year to more than 98%.