This is almost old news. The story has been bubbling away for months. I suspect KTM will survive but not in its current form.
Their Chinese partners CF Moto & their biggest share owners the Indian company Bajaj are likely to bail them out.
They will probably sell off (or mothball) their 3 subsidiaries GasGas, Husqvarna & MV Agusta and the KTM Moto GP team may well be wound up.
It remains to be seen if their customers stay loyal. Personally I won't be buying another but I made that decision about 3 years ago.
And I dread to think what it will do to the value of used KTMs. I guess I'm "lucky" to have taken a huge depreciation hit already.