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Endor AG: Endor AG’s business is taken over by CORSAIR | Ad-hoc

Endor AG / Key word(s): Insolvency/Sale
Endor AG: Endor AG’s business is taken over by CORSAIR

13.09.2024 / 21:22 CET/CEST
Publication of inside information according to Article 17 of Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is responsible for the content of this announcement.

Publication of inside information pursuant to Article 17(1) of Regulation (EU) 596/2014 on market abuse

Endor AG’s business is taken over by CORSAIR

Landshut, September 13, 2024 – Insolvency proceedings were opened over the assets of Endor AG (WKN 549166 / ISIN: DE0005491666) by order of the Landshut insolvency court on September 13, 2024 under the file number IN 542/24. Attorney Dr. Hubert Ampferl, partner at the law firm Dr. Beck & Partner, was appointed insolvency administrator. As part of an asset deal, CORSAIR® (Nasdaq: CRSR) has acquired the business operations of Endor AG. The shares in the foreign subsidiaries will also be transferred. CORSAIR is also taking over all of Endor AG’s ongoing employment contracts. Endor AG will be completely wound up as part of the insolvency proceedings and the stock exchange listing will be discontinued shortly. Shareholders must expect not to receive any payments. The company property is still for sale.

Notifying persons:

Dr. Hubert Ampferl, insolvency administrator
Andres Ruff, CEO/CRO
Matthias Kosch, CFO

13.09.2024 CET/CEST The EQS Distribution Services include statutory reporting obligations, corporate news/financial news and press releases.
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