On June 6, 2023, PolarityTE Filed Voluntary Petitions For Relief Under Chapter 11 Of The United States Bankruptcy Code
Portfolio Pulse from Charles Gross
PolarityTE has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code on June 6, 2023.
June 07, 2023 | 11:33 am
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PolarityTE's filing for Chapter 11 bankruptcy protection may negatively impact its stock price.
PolarityTE's decision to file for Chapter 11 bankruptcy protection indicates financial distress, which is likely to negatively impact investor sentiment and result in a decline in the stock price.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100