Disclosure of an inside information according to Article 17 MAR

NeXR Technologies SE: Application for opening of insolvency proceedings in self-administration

Berlin, 5 May 2023

The Board of Directors of NeXR Technologies SE (“Company” or “NeXR”) has resolved today to file an application for the opening of insolvency proceedings because of imminent insolvency. The insolvency proceedings are to be conducted in the form of self-administration. Business operations will be maintained.

The reason for this decision is that NeXR is not yet generating positive cash flows and will only be able to meet current payment obligations until September 2023 due to the non-extension of the financing commitment of the major shareholder (see ad hoc release dated 19 April 2023). Discussions with investors, which have so far been open-ended, are to be continued immediately after the insolvency filing.

Notifying person: Alexander Klos, Managing Director (CFO)

For further information, please contact:
NEXR Technologies SE
Sven Pauly, CROSS ALLIANCE communication GmbH

sp@crossalliance.de
www.crossalliance.de

Phone: +49 (0) 89 125 09 03-31