Dutch luxury car maker Spyker has more debts than assets, according to a filing submitted to the Amsterdam stock exchange.

‘NYSE Euronext has been informed today by Spyker Cars NV about a negative shareholders’ equity position,’ the exchange said in a statement on Wednesday.
NYSE Euronext said it would not impose any listing measures on Spyker because it was currently complying with the exchange’s regulations.
According to Reuters, the regulations state Spyker must issue a statement within five days detailing its financial situation and why it has negative shareholders’ equity.
Spyker is due to file its first half results on Friday. The company, which took over much larger Saab from General Motors earlier this year, has never made a profit.