By Peter Roberts
The once high flying electric vehicle charger manufacturer Tritium DCFC has succumbed to a litany of financial problems, with the appointment of voluntary administrators to its three Australian subsidiaries Tritium Pty Ltd, Tritium Holdings and Tritium Nominee.
According to a brief statement to the US Securities and Excgange Commission parent company Tritium DCFC is listed on the US NASDAQ the boards of the parent and subsidiary companies determined that they were insolvent or likely to be insolvent. There has been no announcement to the NASDAQ
Under Australian law administrators Peter James Gothard, James Douglas Dampney and William Martin Colwell of KPMG have taken control of the companys Australian operations.
Tr…
Read the full article at: https://www.aumanufacturing.com.au/tritium-s-rapid-rise-and-collapse-is-over-goes-in-to-administration