#going-concern

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#debt-restructuring #consumer-collectibles #turnaround-strategy #audit-disclaimer #liquidity
Business
fromKotaku
4 days ago

Funko Pop Sounds Like It's In Serious Trouble With Massive Debt

Funko faces substantial doubt about its ability to continue as a going concern over the next twelve months, with roughly $241 million at risk.
Alternative transportation
fromSustainable Bus
1 week ago

Ebusco finalizes FY2024 audit, reports ongoing liquidity constraints and outlines board renewal - Sustainable Bus

Ebusco finalised its FY2024 audit with a disclaimer of opinion, published corrected financials, faces persistent liquidity constraints and proposes management and supervisory board changes.
from24/7 Wall St.
2 months ago

Polestar Stock Collapses on Potential Bankruptcy

The last thing any public company wants to see is that it has a "going concern" warning, which acknowledges it may have little time to survive. The term means a company may need to restructure or liquidate part of its business. Electric vehicle (EV) company Polestar Automotive Holding UK PLC ( NASDAQ: PSNY) disclosed the problem yesterday. The announcement caused a collapse in the EV firm's shares.
Business
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