1. Voxeljet's proposed sale to Anzu Partners failed to gain necessary approval. 2. Main creditor agreed to provide financial support after the meeting.
The failure of the sale signals instability and uncertainty for VJET's financial future, reminiscent of similar situations in distressed companies that experienced plummeting stock prices. In the past, deals that did not materialize led to a lack of investor confidence, resulting in significant price declines.
The failure of the sale is a critical event that directly affects VJET's valuation and future direction, making it highly significant and likely to sway investor sentiment.
The immediate market reaction is likely to be negative due to the failed transaction, impacting VJET's stock price quickly. Past incidents show that failure in major sales or mergers often results in a rapid drop in stock prices within weeks.