Restructuring
Cloudia Research Seeks Creditor Talks With DGPA & CO Advising Turnaround
By News Desk ·
Key takeaways
- Cloudia Research filed for voluntary out-of-court negotiated crisis resolution on October 23, 2026.
- DGPA & CO will advise on the turnaround plan and financial restructuring, with Studio Senni & Partners providing legal advice.
- The company reported total revenues of €4.2 million in H1 2024, up 24% year on year.
Cloudia Research filed for voluntary out-of-court negotiated crisis resolution on October 23, 2026, seeking to renegotiate creditor obligations, according to The future of trading. The filing aims to preserve business continuity and restore operating profitability, and no creditor protection measures were requested.
Cloudia Research's Out-of-Court Filing
The company may seek creditor protection measures during negotiations, according to The future of trading. DGPA & CO will advise on the turnaround plan and financial restructuring, while Studio Senni & Partners will provide legal advice.
Cloudia Research is headquartered in Milan and was founded in 2021, according to company records. Its leadership includes Marcantonio Angelo Merafina as Chairman of the Board of Directors, Emanuele Angelo Bottelli as Managing Director, Corrado Corsini as Chief Growth Officer and Elisa Sormani as Chief People Officer.
Cloudia Research's Recent Funding and Partnerships
Cloudia Research issued a €1.5 million bond in December 2025 to support growth, adding to a €2.1 million capital increase from June 2025 warrant conversions, according to akta.pro company records. About 40% of warrants were exercised at €2.185 per share.
In October 2025 the company joined the Microsoft-promoted AI Skills Alliance as a technical partner, contributing training expertise. That same month it hosted the inaugural Cloudia AI Conference in Milan with Microsoft, unveiling the Cloudia Brain AI Agents platform (IRIS, ZEFIRO, PLUTO, STRATOS) and the ai4Inclusion suite.
Restructuring Moves Across the Sector
Thames Water creditors have proposed appointing Labour peer Lord John Hutton as chair if a rescue deal goes ahead, CityAM reported on October 20, 2026. The firm faces a near-£20 billion debt pile and will run out of cash by end of 2026, requiring at least £10 billion in new private capital.
CityFibre Infrastructure Holdings Ltd. asked banks to write down part of a £2 billion loan and provide new funds for acquisitions, Bloomberg reported on October 15, 2026. Frutas Lozano approved its financial reorganization despite bank opposition on October 14, 2026, cutting debt from 17.5 million to 4.3 million euros, Eleconomista reported.
Cloudia Research's Next Steps
Cloudia Research published the original content used for the news brief via SDIR, the Italian regulatory disclosure system, on October 25, 2026. The company's own announcement covers the filing.