TrenDevice has filed a petition with the competent court seeking approval of a simplified composition with creditors for the liquidation of its assets under Article 25-sexies of Italy’s Business Crisis and Insolvency Code.
Key facts
- Official announcement: 25 September 2026
- Procedure: simplified composition with creditors for asset liquidation
- Legal basis: Article 25-sexies of the Italian Crisis Code
- Earlier company update cited: 1 September 2026
- Delisting from Euronext Growth Milan: 30 June 2026
The filing starts the judicial phase of the procedure. The release does not yet disclose expected creditor recovery rates, a court timetable or the financial terms of the proposal. Those elements will need to be assessed when the related documents become available.
TrenDevice said it will keep stakeholders informed of material developments. The update follows its 1 September 2026 announcement and concerns a company that is no longer listed: TrenDevice shares were delisted from Euronext Growth Milan on 30 June 2026.
The company
TrenDevice operates in the circular economy for electronic devices, refurbishing and selling smartphones and other technology products. This disclosure concerns the subsequent management of the company’s financial distress, not a new listing or a return to the market.
Primary source: TrenDevice official release dated 25 September 2026.