tiprankstipranks
Lion Electric Faces Restructuring Amid Trading Suspension
Company Announcements

Lion Electric Faces Restructuring Amid Trading Suspension

Story Highlights

Lion Electric Company (LEV) has released an update.

Invest with Confidence:

Lion Electric Company has been granted creditor protection under the CCAA as it undergoes a restructuring process, with Deloitte Restructuring Inc. appointed as monitor. The company is seeking proposals for its business or assets to find the best transaction for stakeholders while its stock trading has been suspended pending review and delisting proceedings.

For further insights into LEV stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles