SolarEdge Technologies said last night that it intends to disclose today to certain investors that PM&M Electric, a customer that owes the company approximately $11.4M under a secured promissory note recently filed for Chapter 7 bankruptcy. “While the Company is closely monitoring the proceedings, it cannot guarantee the outcome of the proceedings and may fail to collect the amounts due to the Company or collect such amounts only after significant delay,” SolarEdge added.
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