SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Lilium N.V. f/k/a Qell Acquisition Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 17, 2022 - (NASDAQ: LILM)

NEW YORK, June 8, 2022

Shareholders who purchased shares of LILM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/lilium-n-v-f-k-a-qell-acquisition-corp-loss-submission-form/?id=28163&from=4

CLASS PERIOD: March 30, 2021 to March 14, 2022

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Lilium materially overstates the design and capabilities of the Lilium Jet, an electric vertical take-off-and-landing aircraft for use in a new type of high-speed air transport system for people and goods; (2) Lilium materially overstates the likelihood for the Lilium Jet's timely certification; (3) Lilium misrepresents its ability to obtain or create the necessary batteries for the Lilium Jet; (4) the special purpose acquisition company merger would not and did not generate enough cash to commercially launch the Lilium Jet; (5) Qell Acquisition Corp. did not engage in proper due diligence regarding its merger with Lilium GmbH; and (6) as a result, Defendants' public statements and statements to journalists were materially false and/or misleading at all relevant times.

DEADLINE: June 17, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/lilium-n-v-f-k-a-qell-acquisition-corp-loss-submission-form/?id=28163&from=4