Technology, Consumer Discretionary, Financials Feb 11, 2022 07:19 AM (GMT+8) · EqualOcean
On the evening of February 10, the compass announced that the company had received the notice from the manager. According to the voting results of the second interim creditors' meeting on the bankruptcy and reorganization of wechat securities on February 10, 2022, the manager determined that the company was the reorganization investor of wechat securities. The manager will promote the signing of the investment agreement and the formulation of the draft reorganization plan in accordance with the law. After the company becomes the reorganization investor of wechat securities, it still needs to reach an agreement with the creditors of wechat securities on the bankruptcy reorganization plan and be approved by the court. This matter is still uncertain. The company will timely perform the corresponding approval procedures and information disclosure obligations according to the progress of the matter.