//Exclusive: VanMoof explores sale under court protection because it can’t pay bills

Exclusive: VanMoof explores sale under court protection because it can’t pay bills

The VanMoof S4 e-bike, which you could still buy up until two weeks ago. | Image: Thomas Ricker / The Verge

VanMoof — the Amsterdam-based e-bike maker that once bragged about being the “most funded e-bike company in the world” — has turned to the Dutch courts for legal protection in order to give the company time to pay its bills. The company is exploring all possible routes out of its debt, including a possible sale, according to a source familiar with the matter. All options are on the table as the company looks for a path to survival.

The company is also temporarily closing its brand stores. Amid rumors of trouble, angry customers descended on VanMoof’s flagship Amsterdam store and service center (and former global HQ) on wednesday to claim their bikes that had been brought in for service weeks ago.

The so-called preliminary “surseance van…

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