Nasdaq Tallinn decided on November 3, 2023 to apply an additional reason for applied observation status to Hagen Bikes AS shares (HAGEN, ISIN code: EE3100088402) based on the clause 40.2.2.1. of First North Rules.
According to market announcement published by the Issuer on November 3, Hagen Bikes AS has submitted a bankruptcy petition to Harju County Court.
The observation status applied to the company on and March 31, 2023 is also still in force.
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