QualTek Services Inc (fka QTEKQ)

[12yearplan]

Shouldn't be much longer..

As of April 21, 2023, the Company had 27,805,659 shares of Class A common stock issued and outstanding and 23,304,200 shares of Class B common stock issued and outstanding. On the Effective Date or the date on which distributions are made pursuant to the Plan (whichever is later), all outstanding equity interests in the Company will be cancelled and holders of the Class A common stock, Class B common stock and warrants will not receive a distribution on account of their equity interests. The Company cautions that trading in its securities now and during the pendency of the Chapter 11 Cases is highly speculative and poses substantial risks. Trading prices for these securities may bear little or no relationship to the actual recovery, if any, by the holders in the Chapter 11 Cases. Upon the Effective Date, the Company’s Class A common stock, Class B common stock and other equity interests will be canceled, and therefore the Company’s stockholders and other equity holders will experience a complete loss on their investment.
https://ih.advfn.com/stock-market/USOTC/qualtek-services-pk-QTEKQ/stock-news/91530406/form-8-k-current-report