Ebix Submits Non-GAAP Bankruptcy Reports to Court

Ebix (EBIXQ) has released an update to notify the public and investors about a regulation fd disclosure.

Ebix, Inc. and its subsidiaries, referred to as the Debtors, filed for Chapter 11 bankruptcy on December 17, 2023, and are operating as debtors-in-possession under a court’s jurisdiction. On January 19, 2024, they submitted their Monthly Operating Reports for December 2023 to the Bankruptcy Court, cautioning investors not to rely on these reports for investment decisions as they are not GAAP-compliant, unaudited, subject to change, and meant only for court reporting purposes.

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