Why Delta Apparel (DLA) Stock Is Halted During Monday's Session
Why Delta Apparel (DLA) Stock Is Halted During Monday's Session
Delta Apparel, Inc. (NASDAQ:DLA) shares are trading lower and are halted during Monday's session after the company announced that it filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code.
Delta apparel, Inc. (纳斯达克:DLA) 股份下跌并在周一的交易中暂停，因公司宣布已在美国破产法第11章下自愿申请重整。
On June 30, Delta Apparel and its domestic subsidiaries, including Salt Life Beverage, LLC and Salt Life, LLC, filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware.
Delta apparel和其国内子公司，包括Salt Life饮料、Salt Life公司，于6月30日在特拉华地区的美国破产法院申请了第11章破产。
The debtors will continue operating as debtors-in-possession and seek to sell their assets through competitive bidding or strategic arrangements. They are also seeking approval for initial motions to maintain normal operations during the bankruptcy process.
债务人将继续作为债务人持有并通过竞争性投标或战略安排出售其资产。他们还寻求批准初始动议，以在破产过程中维持正常运营。
Additionally, the debtors plan to file a motion for a senior secured super-priority debtor-in-possession financing arrangement with Wells Fargo and other existing lenders to fund operations during the bankruptcy. The terms of this financing will be disclosed upon approval by the Bankruptcy Court.
此外，债务人计划向富国银行和其他现有贷款人文件高级担保的超级优先债务人持有人融资安排动议，以在破产期间为运营提供资金。此融资的条款将在破产法院批准后披露。
Read Also: What's Going On With GameStop Stock Monday?
阅读也可参考: GameStop股票周一怎么了?
According to data from Benzinga Pro, DLA has a 52-week high of $11.02 and a 52-week low of $0.40.
根据Benzinga Pro的数据，DLA的52周最高价为$11.02，52周最低价为$0.40。