ID AUTO (f/k/a PARTS iD) Strengthens its Balance Sheet with Overwhelming Support from its Partners
CRANBURY, N.J., February 28, 2024--ID Auto, Inc. (f/k/a PARTS iD, Inc.) ( "the Company") announced today that the Company’s Joint Prepackaged Chapter 11 Plan of Reorganization (the "Plan") has been approved by a Delaware court and become effective. The Plan has received overwhelming support from the Company’s creditors and key constituents. Stakeholders representing over 99% of the voting classes’ claims voted in favor of the Plan. The Company emerges from this process with a significantly stren
Source: yahoo.com