Bankruptcy Application – Ayima Group AB
The Board of Directors of Ayima Group AB (“Ayima”) has today decided to apply to put the Company into bankruptcy. The bankruptcy application will be submitted to Stockholms District Court (Stockholms Tingsrätt) today, June 14, 2024The board held an emergency meeting today to consider the financial position of the group. The conclusion of the board is that the parent company, White Pearl Technology Group (“White Pearl”), does not have the financial resources readily available to support Ayima’s immediate or long term operating cash requirements. The board has also determined that Ayima’s own