SPI Energy Co. Ltd. Placed into Official Liquidation by Cayman Court; Trading Suspended and Future Prospects Uncertain

Reuters
2025.09.17 19:02
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SPI Energy Co., Ltd. has been placed into Official Liquidation by the Grand Court of the Cayman Islands as of July 22, 2025. Joint Official Liquidators Graham Robinson and James Parkinson from Crowe Cayman Ltd. are investigating the company's financial position. Trading of SPI Energy's shares has been suspended since January 15, 2025, and any share transactions from July 22, 2025, require court validation. The liquidation process prioritizes unsecured creditors over ordinary equity holders for any recovered assets. Further updates will be provided as the situation evolves.