On 17 July 2023, the court of Amsterdam withdrew the suspension of payment proceeding of the Dutch legal entities VanMoof Global Holding B.V., VanMoof B.V. and VanMoof Global Support B.V. and declared these entities bankrupt.

The two administrators Mr. Padberg and Mr. De Wit have been appointed as trustees. The trustees are continuing to assess the situation at VanMoof and are investigating the possibilities of a re-start out of bankruptcy by means of an asset sale to a third party, so that the activities of VanMoof can be continued.

The VanMoof legal entities outside the Netherlands are not in insolvency proceedings.

There will be no further comments at this time.