- On July 5, 2022, Voyager announced a comprehensive financial restructuring process aimed at maximizing value for all stakeholders and efficiently returning value to customers.
- As part of the restructuring process, the company’s main operating subsidiaries voluntarily filed for Chapter 11 protection from creditors in the U.S. Bankruptcy Court in the Southern District of New York. More information can be found here: https://www.investvoyager.com/pressreleases/voyager-digital-commences-financialrestructuring-process-to-maximize-value-for-all-stakeholders
- On December 18, 2022, Voyager announced the company selected Binance.US as the highest and best bid for its assets for a total consideration of appropriately $1.022 billion.
- The selection came after a review of strategic options with the core objective of maximizing the value returned to customers and other creditors on an expedited timeframe. More information can be found here: https://www.investvoyager.com/pressreleases/voyagerannounces-agreement-for-binance-us-to-acquire-its-assets
What is the status of Voyager’s Chapter 11 Filing?