In February 2022 Jolla announced that it has discontinued its business in Russia during 2021 and is seeking a shareholder structure without Russian ownership.
In November 2023 Jolla announced that Pirkanmaa District Court had approved a corporate restructuring plan which would see Jolla’s business and staff acquired by a new company owned by the Jolla management team.
In May 2024 the original Jolla company filed for bankruptcy, its business activities having been taken over in 2023 by the Jollyboys company established by Jolla’s former management.
https://en.wikipedia.org/wiki/Jolla