Lion Electric seeks creditor protection in Canada and the U.S.

Written by Emily J. Thompson, Senior Investment Analyst

LEV%

Source: SeekingAlpha

Updated: Dec 18 2024

0mins

Source: SeekingAlpha

Lion Electric Company Bankruptcy Proceedings: The Lion Electric Company has applied to the Superior Court of Quebec for creditor protection and plans to seek recognition of its proceedings in the U.S. under Chapter 15 of the Bankruptcy Code.
Trading Halted: Trading of Lion Electric's shares on both the Toronto Stock Exchange and New York Stock Exchange has been halted as the company seeks emergency funding and explores a formal sale process.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Lion Electric seeks creditor protection in Canada and the U.S.

About the author

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