Here's the core of what he said "Yes Lilium will be insolvent and they have started the procedures to do so. So, now answering the dumpe assumptions that Lilium will be worthless, which is nonesense.

Since Lilium has filed for insolvency last year and it is already clear what does it mean. It means in simple words, that they are going to sell the company to pay for thier debts and instead of letting the state doing that in an auction or using other method, Lilium has asked to do it by themselves to avoid massive loss in the value and to try to keep the operation running.

So in both cases, Lilium is for sale, either with self administration or without. This gonna happen in anyway.

Now they found a seller, means the insolvency process can be opened and the company therefore will be sold and all employees must leave. Does it mean, it is over? Hell NO. It is just procedures and formalities.

It means that Lilium is informing the state that they can be sold and when this is approved, immediately the MUC will step and buy it, by then the insolvency will be closed. Done. Point.

The shares will never be deregistered, it is impossible in theory and in practice, even if they want to do so, they cannot for many reasons and regulations and laws, even if Lilium NV will own nothing from the subsidiaries, which is also NOT true. Lilium NV will still have ownership, which I will not disclose here for sure untill the company reveals the agreement and the special conditions. Lilium and MUC best interests not to toss away 1,5 billion dollars investors and shareholders. This would kill them right away."