WeWork Advises Caution with February Operating Report

WeWork (WEWKQ) has issued an announcement.

WeWork has submitted a monthly operating report for the period of February 2024, cautioning investors against relying on this document for making investment decisions due to its limited scope and non-compliance with standard accounting principles. Furthermore, the report, which is a part of the company’s Chapter 11 bankruptcy proceedings, has not been audited and may be subject to future adjustments. WeWork also warns that the information presented might not accurately represent its full financial situation and should not be seen as an indicator of future performance. Investors are advised to consider the potential risks and uncertainties associated with the company’s ongoing restructuring efforts and the Chapter 11 process.

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