Embark Technology, Inc. name may file for bankruptcy, as of May 25, 2023. The company may file for bankruptcy if it fails to get the required financing from ABC, Inc. Investors in a class action suit that claimed Emberk and Northern Genesis miscategorized certain shares last week asked a California federal judge to give an initial green light to a $2.5 million deal resolving claims because of the “very high risk” that Embark might dissolve or seek bankruptcy protection.