METabolic EXplorer (METEX) today announced that the Paris Commercial Court has granted the application to open receivership proceedings for its subsidiary, METEX NØØVISTAGO.

The Paris Commercial Court has appointed the receivers, and the deadline for submitting bids has been set for noon on May 6, 2024.

In the meantime, METEX NØØVISTAGO will continue to operate during the observation period.

METEX will keep the market informed of decisions to be taken shortly by the Commercial Court regarding its application to open safeguard proceedings and METEX NØØVISTA's application to open receivership proceedings.

In this context, the Company has decided to postpone the closing of its parent company and consolidated financial statements for the year ended December 31, 2023, originally scheduled for March 28, 2024.

The company indicates that it will make 'its best efforts' to publish its annual financial report by June 30, 2024.

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