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. (納斯達克:DLA) 股份下跌並在週一的交易中暫停，因公司宣佈已在美國破產法第11章下自願申請重整。
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和其國內子公司，包括Salt Life飲料、Salt Life公司，於6月30日在特拉華地區的美國破產法院申請了第11章破產。
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.
債務人將繼續作爲債務人持有並通過競爭性投標或戰略安排出售其資產。他們還尋求批准初始動議，以在破產過程中維持正常運營。
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，債務人計劃向富國銀行和其他現有貸款人文件高級擔保的超級優先債務人持有人融資安排動議，以在破產期間爲運營提供資金。此融資的條款將在破產法院批准後披露。
Read Also: What's Going On With GameStop Stock Monday?
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According to data from Benzinga Pro, DLA has a 52-week high of $11.02 and a 52-week low of $0.40.
根據Benzinga Pro的數據，DLA的52周最高價爲$11.02，52周最低價爲$0.40。