Actions that matter butter? – several procedures Celsius Wouldn’t be good today except for a tax deduction, while The company is still struggling to pay all of its debts to its clients.
Over 30,000 shares of Celsius stock are worthless
Celsius hasn’t finished showing all the colors of its creditors and cryptosphere. The last shake this time comes from the co-founder of the company, Daniel Lyon.
On September 5, the law firm Kirkland & Ellis LLP who represents him deposit A statement confirming the client’s major shareholder status, with 32,600 ordinary shares.
The filing with the new Southern District Bankruptcy Court also seeks recognition of these actions as From now on it is worthless. In other words, Daniel Lyon believes that these verbs You will not generate income anymore. However, this request, if approved, could allow him to take advantage of the tax rebate.
Postponement but no hopeful light on the horizon
Since introducing a bankruptcy petition Last July, after suspending withdrawals on its platform the previous month, Celsius still failed to find a convincing solution to put out the fire.
However, the company appears to have More cash and benefit from a longer delay compared to initial forecasts. Celsius temperatures were expected to dry up by next October, but the latest forecast on August 31, and submitted on September 6 to the court, is relatively better.
The expected balance by the end of November is $42 millionagainst the $111 million Approximately as much cash as the company currently has.
Celsius continues to pay for any management shortcomings in the past. The bear markets Not solely responsible for the current situation. It will be for the company He lied about his financial health, like a secret good villainFor a long time.
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