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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Xebec Europe b.v. / HyGear excluded from CCAA/Chapter 15 ?
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Post by RiskonRiskoff on Oct 04, 2022 8:31am

Xebec Europe b.v. / HyGear excluded from CCAA/Chapter 15 ?

I was wondering if anyone could shed some light or had any news as to whether or not the European businesses were excluded from the CCAA/Chapter 15 filings.
Comment by filoux004 on Oct 04, 2022 8:47am
My guess since the deal was completed with cash and shares that it falls under the corporate entity called Xebec. But like the US ops which filed CCAA in Delaware they may have to do the same in Holland and Germany. Peace 10 year yield was 4% last week now 3.58% bond mkt betting we are at the tail end of the Fed tightening? Monies Cushing back into equities, enjoy the ride GRN!!! Warning!! Be ...more  
Comment by filoux004 on Oct 04, 2022 8:51am
O2. My guess is Marinus Hygear is probably trying to put together an investment group to buy back is co. 2) some form of short term financing is going to be required to maintain manufacturing and meet backlog otherwise they may redirect those orders to another supplier??? GRN ?? Ps in not an engineer. Peace