The share issue of Injeq Plc. ended on April 5, 2024, and the investment round did not achieve the goals set for improving the company’s capital structure and increasing working capital. As the target was not reached the Board of Injeq Plc. decided to apply for bankruptcy of its own will on Thursday, April 11, 2024. The bankruptcy application was submitted to the district court of Pirkanmaa by the company on Friday, April 12, 2024.
The district court appoints an administrator for the bankruptcy estate, and the administrator will inform the company’s shareholders and investors after the bankruptcy has started and give instructions, e.g. ownership write-downs, etc. The company has approx. 1,500 shareholders, which is why we ask you to avoid separate contacts with the administrator.