Post by
EmpireDestroyer on Jul 06, 2022 3:40am
It's over. They filled bankruptcy!
CNW Group Voyager Digital Commences Financial Restructuring Process to Maximize Value for All Stakeholders Tue, July 5, 2022 at 11:10 p.m.11 min read In this article: Files Voluntary Petitions for Chapter 11 Protection to Implement Restructuring; Proposed Plan of Reorganization Creates Efficient Path to Resume Account Access and Return Value NEW YORK, July 5, 2022 /CNW/ - Voyager Digital Ltd. ("Voyager" or the "Company") (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2), today announced that it has commenced a voluntary Chapter 11 process to maximize value for all stakeholders. As part of this process, the Company and its main operating subsidiaries filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court of the Southern District of New York (the "Court"). The Company intends to seek recognition of the Chapter 11 case of Voyager in the Ontario Superior Court of Justice (Commercial List) pursuant to the Companies' Creditors Arrangement Act.
Comment by
AlwaysLong683 on Jul 06, 2022 7:15pm
Wow, and I thought they were only at Chapter 9. They must've read ahead.