Cabasse requests the opening of judicial reorganization proceedings

On February 27, 2026, the French company Cabasse, specializing in high-fidelity audio, filed for bankruptcy protection with the Montpellier Commercial Court. This filing was followed by a request to initiate insolvency proceedings. The court's decision will be crucial for the company's future.

Cabasse is currently going through a difficult period. The company is suffering from supply problems affecting its main Asian partners. This has led to cash flow problems and tighter payment terms. The convertible bond financing, introduced in 2025, is now proving insufficient.

The procedure aims to ensure the long-term viability of the business, maintain employment, and seek investors for a potential restructuring plan. Due to the uncertainty, trading of the shares remains suspended.