Lion Electric Company (LEV) has released an update.
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Lion Electric Company has filed for creditor protection in Canada and the U.S. as it seeks to restructure its finances. Trading of its shares has been halted on the Toronto and New York Stock Exchanges due to the ongoing review of its listing status. The company aims to continue its operations while exploring the best options for its stakeholders.
For further insights into LEV stock, check out TipRanks’ Stock Analysis page.