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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Polished Inc | AMEX:POL | AMEX | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.8222 | 0 | 01:00:00 |
From Feb 2024 to May 2024
Polished.com Inc. (the “Company” or “Polished”) (NYSE American: POL) has suspended its operations. These steps followed a comprehensive review by the Company’s Board of Directors of available strategic alternatives, and upon consultation with the members of the Company’s management, with the assistance of the Company's legal and financial advisors. The Company anticipates filing a case under the provisions of Chapter 7 of the Bankruptcy Code as soon as practicable.
As recently disclosed, following the Notice of Acceleration from its lenders earlier this month, the Company was working to reach a resolution with its lenders and exploring multiple paths to obtain additional financing to sustain operations. Despite working aggressively to raise capital and improve its liquidity position, the Company was unable to obtain additional financing.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240229885336/en/
Investor Relations ir@polished.com
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