Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
December 16 2024 - 3:30PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934
For the month of December 2024
Commission File Number 001-40736
Lilium N.V.
(Translation of registrant’s name into English)
Galileostraße 335
82131 Gauting, Germany
Telephone: +49 160 9704 6857
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F ¨
CONTENTS
As previously disclosed, on October 28, 2024, Lilium
GmbH and Lilium eAircraft GmbH, the principal operating wholly-owned German subsidiaries (the “Subsidiaries”) of Lilium N.V.
(the “Company” or “Lilium”) (together with the Subsidiaries, the “Companies”), filed for insolvency
under German law and applied for self-administration proceedings in Germany. On November 6, 2024, the Company filed a motion for opening
of regular insolvency proceedings with the competent insolvency court in Germany. The preliminary insolvency proceedings pertaining to
the Companies are on-going. Additional information and background on the Companies’ applications for these proceedings may be found
in Lilium N.V.’s Form 6-Ks filed with the U.S Securities and Exchange Commission (the “SEC”) on October 24, 2024, October
28, 2024, October 29, 2024, November 4, 2024, November 6, 2024, November 12, 2024, and December 5, 2024.
In addition, as previously reported on the Form
6-K filed on December 5, 2024, the KPMG-led M&A process aimed at delivering Lilium GmbH’s financial restructuring continues.
KPMG has been in discussions with potential investors who have indicated interest in the assets and/or business of the Subsidiaries, which
interests are being considered by Lilium GmbH’s creditor’s committee. There can be no assurance that any agreement will be
entered into in connection with the sale of all or part of Lilium GmbH’s business. Also in connection with the Subsidiaries’
insolvency process, the Subsidiaries are in the process of terminating the contracts of approximately 200 of their employees. Despite
the terminations, the Companies’ goal to secure the preservation and continuation of the Companies by successfully concluding investor
talks in the meantime remains unchanged.
Incorporation by Reference
The contents on this Form
6-K are hereby incorporated by reference into the Company’s registration statements on Form F-3 filed with the U.S. Securities and
Exchange Commission (“SEC”) on October 1, 2024 (File No. 333-282442), July 29, 2024 (File No. 333-281082), July 29, 2024,
as amended or supplemented (File No. 333-281066), June 14, 2024 (File No. 333-280219), May 3, 2024 (File No. 333-279113), November 24,
2023 (File No. 333-275742), September 18, 2023 (File No. 333-274550), June 9, 2023 (File No. 333-272571), November 25, 2022, as amended
or supplemented (File No. 333-268562), and October 3, 2022, as amended or supplemented (File Nos. 333-267718 and 333-267719), and the
Company’s registration statements on Form S-8 filed with the SEC on November 18, 2021 (File No. 333-261175) and March 21, 2024 (File
No. 333-278148).
Forward-Looking Statements
The information in this Report
on Form 6-K contains certain forward-looking statements within the meaning of the U.S. federal securities laws, including, but not limited
to, statements regarding the possibility of an agreement being entered into with potential interested investors in connection with the
sale of all or part of Lilium GmbH’s business. These forward-looking statements generally are identified by the words “may,”
“shall,” “will,” “would,” “expect to,” “could,” “likely” and similar
expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on management’s
current expectations with respect to future events and are based on assumptions and are subject to risks and uncertainties that are subject
to change at any time. Actual events or results may differ materially from those contained in the forward-looking statements. Factors
that could cause actual future events to differ materially from the forward-looking statements in this Report on Form 6-K and the Exhibit
attached hereto include (but are not limited to) risks that the M&A process will not be successful and the financing for the business’
future operations will not be obtained, as well as those risks and uncertainties discussed in Lilium N.V.’s filings with the SEC,
including in the section titled “Risk Factors” in Exhibit 99.2 to Lilium N.V.’s Report on Form 6-K filed on July 17,
2024 with the SEC which is available at www.sec.gov. Forward-looking statements speak only as of the date they are made. You are cautioned
not to put undue reliance on forward-looking statements, and the Lilium Group assumes no obligation to, and does not intend to, update,
or revise these forward-looking statements, whether as a result of new information, future events
or otherwise.
SIGNATURES
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, thereunto
duly authorized.
Dated: December 16, 2024 |
Lilium N.V. |
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By: |
/s/ Klaus Roewe |
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Name: |
Klaus Roewe |
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Title: |
Chief Executive Officer and Executive Director |
Lilium NV (PK) (USOTC:LILWF)
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