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$New Age (NBEV.US)$ So now what? NewAge, Inc. Announces That...
$New Age (NBEV.US)$ So now what? NewAge, Inc. Announces That Its Common Stock Has Ceased Trading On Nasdaq. (NBEV) is now under the symbol: NBEVQ
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JosephOoi : i think we mostly get tranfer to the nbevq if not mistaken
JosephOoi : Chapter 11 is one of the easier methods of declaring bankruptcy and could help preserve any future operations of the business declaring it.
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During Chapter 11, a company’s bonds will be significantly downgraded by the ratings agencies.
The company may require investors to exchange their bonds for new bonds or stock as this helps them to rebalance their debt.
The company‘s stock might be reissued to investors.