Mondee Holdings ( (MONDQ) ) has issued an update.
On January 14, 2025, Mondee Holdings, Inc. and its US subsidiaries filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware. As part of the ongoing proceedings, Mondee filed its monthly operating reports for the period from January 14 to January 31, 2025, on March 21, 2025. The company cautions investors about the speculative nature of trading its Class A common stock during the bankruptcy process, as there is a significant risk of loss. The reports are prepared to comply with bankruptcy court requirements and are not intended for investment decision-making. Mondee plans to continue filing these reports monthly as the Chapter 11 cases proceed.
More about Mondee Holdings
Mondee Holdings, Inc. operates in the travel industry, providing a range of travel services through its subsidiaries, including travel booking and management solutions. The company focuses on leveraging technology to enhance travel experiences and streamline travel operations.
YTD Price Performance: 557.50%
Average Trading Volume: 1,815,243
Technical Sentiment Signal: Buy
Current Market Cap: $8,742
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