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Lilium | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SEC announcement ·  Jan 5 00:00
Summary by Moomoo AI
Lilium N.V., a foreign private issuer, has filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC) for January 2024. The report details a consulting engagement with Qell Capital Management L.P., which began in December 2023. Lilium's director, Barry Engle, is a managing partner at Qell. The engagement, which includes strategic and management advisory services, is set for an initial six-month period with the possibility of month-to-month continuation, subject to termination by either party with ten days' notice. Qell will receive monthly fees and may be awarded a performance bonus, payable in cash or Lilium's Class A ordinary shares. The report also incorporates by reference the contents into the company's various...Show More
Lilium N.V., a foreign private issuer, has filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC) for January 2024. The report details a consulting engagement with Qell Capital Management L.P., which began in December 2023. Lilium's director, Barry Engle, is a managing partner at Qell. The engagement, which includes strategic and management advisory services, is set for an initial six-month period with the possibility of month-to-month continuation, subject to termination by either party with ten days' notice. Qell will receive monthly fees and may be awarded a performance bonus, payable in cash or Lilium's Class A ordinary shares. The report also incorporates by reference the contents into the company's various registration statements filed with the SEC. Additionally, the report contains forward-looking statements, cautioning that actual events or results may differ materially from those projected due to various risks and uncertainties. The report, signed by CEO Klaus Roewe on January 5, 2024, emphasizes that these statements are based on current expectations and assumptions, which are subject to change.

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