Kalera Public Limited Company filed SEC Form 8-K: Other Events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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SECURITIES EXCHANGE ACT OF 1934
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OTC Pink Limited | ||||
OTC Pink Limited |
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Item 8.01 Other Events.
On June 22, 2023, a petition to wind up Kalera Public Limited Company (“Kalera PLC” or the “Company”) was filed in the Central Office of the High Court in Ireland on the basis that the Company is insolvent. The petition is due to be heard on July 17, 2023. If a winding up order is made by the High Court, a liquidator will be appointed and this will result in the orderly dissolution of Kalera PLC.
On April 4, 2023, Kalera PLC’s main and wholly-owned operating subsidiary Kalera, Inc. filed for Chapter 11 in the United States (the “Chapter 11 Case”) seeking relief under Title 11 of the United States Code (the “Bankruptcy Code”) that is supervised by the Southern District of Texas.
Kalera PLC creditors will be entitled to submit their claims to the liquidator (if appointed), but it is anticipated that there will be a significant deficit in the liquidation.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
KALERA PUBLIC LIMITED COMPANY | ||
Dated June 26, 2023 | ||
By: | /s/ Fernando Cornejo | |
Name: | Fernando Cornejo | |
Title: | Chief Financial Officer |