Vicinity Motor (TSE:VMC) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Vicinity Motor Corp. faces financial challenges as the Royal Bank of Canada plans to file a receivership order and PricewaterhouseCoopers LLP resigns as its auditor. The BC Securities Commission is expected to halt the trading of the company’s stock. These developments indicate significant instability for the company in the coming days.
For further insights into TSE:VMC stock, check out TipRanks’ Stock Analysis page.