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1manband

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1manband

Re: Runners123 post# 3072

Wednesday, 03/03/2021 11:43:59 AM

Wednesday, March 03, 2021 11:43:59 AM

Post# of 3543
HTZGQ is a guaranteed loser. The common stock is being cancelled without any payment to the existing holders.

I suggest you read the actual Plan filed with the court. It is free to read, and spells it out clearly.

https://restructuring.primeclerk.com/hertz/Home-DocketInfo?DocAttribute=4288&DocAttrName=PLANDISCLOSURESTATEMENT

"Under the Plan, the existing equity of Hertz Parent will be extinguished"

"Existing Hertz Parent Interests shall be cancelled and released without any distribution on account of such Interests."

That should be 100% clear - the existing common stock is worthless.

HTZGQ is going to $0. Anyone holding these common shares will lose 100% of their investment.
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Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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