Cano Health (CANOQ) has issued an announcement.
Cano Health Inc. and its affiliates, under Chapter 11 bankruptcy proceedings, have proposed a Joint Chapter 11 Plan of Reorganization aimed at restructuring the company’s finances. This plan, if approved by the Bankruptcy Court, would potentially alleviate the company’s debt and enable it to streamline operations for future success. However, the company cautions that the proposed plan’s success is not guaranteed and the outcome of these bankruptcy cases remains uncertain. Interested parties can access detailed information and updates on the proceedings through the designated website and court docket system.
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