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Debt Financing / Related, Bankruptcy / Related

Digitaltown Inc To Use Voluntary Chapter 11 Process To Position Business For Long-Term Success

Published: 09/21/2020 10:38 GMT
(DGTW) - Digitaltown, Inc. to Use Voluntary Chapter 11 Process to Position Business for Long-term Success.
Digitaltown - Was Successful in Converting Over $2 Million of Debt Into Stock and Structuring a Go-forward Plan.
Digitaltown - Various Negotiation Efforts Were Unsuccessful, Leading to Granting of Summary Judgment Motion in Favor of Co's Former Ceo.