Why Tattooed Chef (TTCF) Shares Are Down 40%
Why Tattooed Chef (TTCF) Shares Are Down 40%
Operations will continue during Chapter 11, funded by debtor-in-possession financing. The company aims for an efficient sale to provide clarity for stakeholders.Tattooed Chef Inc (NASDAQ:TTCF) shares are trading lower by 44.34% to $0.30 Monday morning after the company announced it intends to file for voluntary Chapter 11 Bankruptcy protection.
Tattooed Chef Inc 納斯達克股票代碼：TTCF）週一上午股價下跌44.34％，至0.30美元，此前該公司宣佈打算申請第11章的自願破產保護。
What Else?
還有甚麼？
The company will market its assets and solicit bids under Section 363 of the Bankruptcy Code. They seek the highest price and will manage the bidding process with their advisors and the Bankruptcy Court's oversight.
該公司將根據《破產法》第363條推銷其資產並招標。他們尋求最高的價格，並將在顧問和破產法院的監督下管理競標過程。
Operations will continue during Chapter 11, funded by debtor-in-possession financing. The company aims for an efficient sale to provide clarity for stakeholders.
在第11章期間，運營將繼續進行，資金來自債務人持有融資。該公司的目標是實現高效的銷售，爲利益相關者提供清晰度。
See Also: Major U.S. Banks May Face Restrictions On Federal Home Loan
另見：美國主要銀行可能面臨聯邦住房貸款限制
According to data from Benzinga Pro, TTCF has a 52-week high of $8.42 and a 52-week low of $0.50.
根據Benzinga Pro的數據，TTCF創下52周高點8.42美元，52周低點爲0.50美元。
