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Near Intelligence Confirms Liquidation and Warns Investors

The latest update is out from Near Intelligence (NIRLQ).

Near Intelligence, Inc. and its subsidiaries have successfully had their Chapter 11 liquidation plan confirmed by the Delaware Bankruptcy Court, leading to the cancellation of all common stock and associated securities as of March 27, 2024. Following this, the company is taking steps to deregister its securities and warn investors that trading in its securities is highly speculative, with no expected returns for equity holders.

For detailed information about NIRLQ stock, go to TipRanks’ Stock Analysis page.

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