The National Securities Market Commission (CNMV) has decided to provisionally suspend, with effect from 8:30 a.m. this Friday, the trading of Ezentis shares after the company has requested the pre-bankruptcy of creditors, in a context of risk of “imminent insolvency” in treasury due to debt exceeding 150 million euros. The CNMV has indicated that the suspension will be lifted when relevant information about the firm is released soon. The company’s titles closed on Thursday with a decrease of 1.06% in the stock market, after placing its price at 0.0745 euros. After the rejection by the State Industrial Participation Company (SEPI) in July of the company’s bailout request for an amount of 70 million euros, Ezentis confirmed yesterday that the situation has led to a scenario of “imminent insolvency”. , which could become current in the coming weeks”. Likewise, it has reported that its subsidiary of the company in Germany has filed a declaration of insolvency with the corresponding body. Related news In the statement sent to the CNMV, the company indicates that the board has requested the pre-contest after spending several months preparing a viability plan that can ensure the continuity of the company and its subsidiaries, having received support from both its main client and financial institutions, to the extent that the premises necessary for the viability of the company today have not been guaranteed (especially the relevant cash inflow). However, the company was unable to get Sepi to grant it the 70 million euro ransom it had requested at the end of June for “not meeting certain requirements”, which has triggered treasury tensions. Among the creditor entities are the Arcano and Muzinich funds, as well as a group of banks formed by BBVA, Banco Pichincha, Banco Santander, Caixabank and EBN. “The decision to present said communication to open negotiations with the creditors – which has also been adopted by the administrative body of the company’s national subsidiaries – has been adopted after obtaining the appropriate external advice and with the aim of protecting the interests of the company’s creditors and shareholders, allowing additional time to reach the necessary agreements with creditors,” the company added in a statement.