tiprankstipranks
Company Announcements

SLANG Worldwide Initiates Bankruptcy Proceedings in Canada

Story Highlights
  • SLANG Worldwide Inc. is entering bankruptcy proceedings and its shares are expected to be delisted.
  • The company’s directors have resigned and B. Riley Farber Inc. is appointed as trustee.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SLANG Worldwide Initiates Bankruptcy Proceedings in Canada

SLANG Worldwide (TSE:SLNG) has released an update.

SLANG Worldwide Inc. has announced it is entering bankruptcy proceedings in Canada, resulting in the halting and anticipated delisting of its shares from the Canadian Securities Exchange. The company’s directors have resigned, and B. Riley Farber Inc. has been appointed as the trustee to manage the bankruptcy process.

For further insights into TSE:SLNG stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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
1