Appgate bankruptcy leads to delisting, restructuring

Application door (APGTQ) shared an update.

On July 2, 2024, all of Appgate Inc.’s existing shares were cancelled without compensation as part of a bankruptcy restructuring plan. The company, which will be dissolved shortly thereafter, also announced the cancellation of its debts under various agreements. These changes took effect with the filing of a notice of effective date and were accompanied by a press release. Following the bankruptcy, Appgate filed an application to amend its registration with the SEC and plans to delist its common stock.

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