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re: Voyager - VYGVF Due Diligence

Posted on 7/6/22 at 5:50 am to
Posted by zephry801
Member since Dec 2017
434 posts
Posted on 7/6/22 at 5:50 am to
Got an email saying Voyager will be filing for Chapter 11
Posted by Diseasefreeforall
Member since Oct 2012
5597 posts
Posted on 7/6/22 at 7:17 am to
quote:

Got an email saying Voyager will be filing for Chapter 11


And trading has been halted pre-market on the stock.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40904 posts
Posted on 7/7/22 at 11:47 am to
quote:

Got an email saying Voyager will be filing for Chapter 11


Guessing here, but bet they get denied Chapter 11 protections and get forced straight to liquidation. This is probably in the best interest of their creditors. As soon as the restructure takes place will be a massive bank run and the whole thing is liquidated anyways.

Stock holders are wiped out either way.
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