MONTREAL, July 10, 2024 /CNW/ - Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company") today announced that Taiga and its subsidiaries (collectively, the "Taiga Group") have sought and obtained from the Superior Court of Québec (the "Court") (i) an order (the "Initial Order") providing them with creditor protection pursuant to the Companies' Creditors Arrangement Act (the "CCAA"), and (ii) an order authorizing the Taiga Group to pursue, under the supervision of the Court, a formal sale and investment solicitation process (the "SISP"), which process was initiated prior to the CCAA proceedings that were commenced today (the "CCAA Proceedings").
Read more at newswire.caProvided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.