BBBYQ: Only a matter of time before $BBBYQ=Nasdaq again
You, sir, have not been following the Kroll court documentation. There is a bidder, and it's IEP (Carl Icahn).
Therefore, only in that rare [once-in-a-blue-moon] regard, would you be correct, since we can consider that as a rightful cancellation of the OTC ticker, as we go back to NASDAQ under a new company but same brand.
HERTZ [example] -Hertz went through a similar process with Kroll. -However, they had $19 billion in debt and $1 billion in cash (an order of magnitude worse-off than $BBBY was) -Existing Shareholders came out with more than $1 billion. They were not wiped -On June 30, 2021, Hertz successfully completed its restructuring process and emerged as a financially and operationally stronger and more competitive company.
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