SLANG Worldwide announces bankruptcy proceedings in Canada
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2024
0mins
Source: SeekingAlpha
Bankruptcy Filing: SLANG Worldwide has filed for bankruptcy under Canada's bankruptcy and insolvency act, with B. Riley Farber Inc. appointed as the trustee for the proceedings.
Share Trading Halt: The company's shares have been halted on the Canadian Securities Exchange and are expected to be delisted, following the immediate resignation of its four directors prior to the bankruptcy filing.
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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.
