Perhaps some "group" just realized that even though these shares will be cancelled, they will be replaced with shares/warrants in the reorganized entity.
All the above is stated in the POR. Of course, one needs to wait for the POR to be approved and for an "effective" date to be established. This all takes time, so I sold my small shares yesterday for a nice profit.
Recent CBL News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 02:24:07 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 02:12:12 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 07:50:04 PM
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