Shift Technologies Successfully Navigates Chapter 11 Bankruptcy

Shift Technologies ( (SFTGQ) ) just unveiled an announcement.

Shift Technologies, Inc. has successfully navigated its Chapter 11 bankruptcy proceedings, with the U.S. Bankruptcy Court confirming their combined disclosure statement and joint plan. Effective October 12, 2024, this plan outlines crucial deadlines for claims and payments, ensuring organized financial restructuring. Stakeholders should note the specific timelines for filing claims and objections to ensure compliance and benefit from the plan’s provisions.

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