“The company will transparently inform the market about the filing of the petition for the start of the proceedings with the relevant court, the file number and the set deadline, the court’s decision to start the proceedings and the appointment of the receiver/liquidator,” the company wrote in the report.

GoCab Software has been on the Bucharest Stock Exchange’s (BVB.RO) special watch list since July 1, as a result of its failure to comply with “contractual obligations in its relationship with the BVB, related to the full payment of the fees due to the BVB, as stipulated in the trading contract concluded between the Issuer and the BVB”.

GoCab’s losses widened to RON6 million in 2024 from RON3.9 million in 2023. Revenue decreased from RON6.6 million to RON5 million.

The main shareholders of GoCab are BRK Financial Group (49.8%) and SAI Broker (16.6%).

(English version by Loredana Fratila-Cristescu)