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    VOYG   CA92919V4055

VOYAGER DIGITAL LTD.

(VOYG)
  Report
Delayed Toronto Stock Exchange  -  04:00 2022-07-05 pm EDT
0.3350 CAD   -.--%
08/17Voyager Announces Coinify Sale
PR
08/17ASCENSION APS AGREED TO ACQUIRE COINIFY APS FROM VOYAGER DIGITAL LTD. (OTCPK : VYGV.Q) for $2 million.
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07/25Bankrupt Voyager rebuffs Sam Bankman-Fried's "low-ball bid"
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Crypto lender Voyager files for bankruptcy

07/06/2022 | 01:42am EDT
Piper Sandler Global Exchange and FinTech Conference in New York

(Reuters) - Voyager Digital has filed for bankruptcy, the crypto lender said in a statement on Wednesday, a week after suspending withdrawals, trading and deposits to its platform as it sought additional time to explore strategic alternatives.

In its Chapter 11 bankruptcy filing on Tuesday, Toronto-listed Voyager estimated that it had more than 100,000 creditors and somewhere between $1 billion and $10 billion in crypto assets. The company also recorded the same range for its liabilities.

Chapter 11 bankruptcy procedures put a hold on all civil litigation matters and allow companies to prepare turnaround plans while remaining operational.

"The prolonged volatility and contagion in the crypto markets over the past few months, and the default of Three Arrows Capital on a loan from the company's subsidiary, Voyager Digital, LLC, require us to take deliberate and decisive action now," Voyager Chief Executive Officer Stephen Ehrlich said.

Many of the crypto industry's recent problems can be traced back to the spectacular collapse of so-called stablecoin TerraUSD in May, which saw the stablecoin lose almost all its value, along with its paired token.

(Reporting by Shivam Patel in Bengaluru; Additional reporting by Ann Maria Shibu; Editing by Sherry Jacob-Phillips)


© Reuters 2022
All news about VOYAGER DIGITAL LTD.
08/17Voyager Announces Coinify Sale
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08/17ASCENSION APS AGREED TO ACQUIRE COIN : VYGV.Q) for $2 million.
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07/25Bankrupt Voyager rebuffs Sam Bankman-Fried's "low-ball bid"
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07/18Voyager Digital Seeks To Honor Requests
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More news
Financials (USD)
Sales 2022 434 M - -
Net income 2022 -108 M - -
Net Debt 2022 - - -
P/E ratio 2022 -0,25x
Yield 2022 -
Capitalization 32,0 M 32,0 M -
Capi. / Sales 2022 0,07x
Capi. / Sales 2023 0,05x
Nbr of Employees 318
Free-Float 58,6%
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Voyager Digital Ltd. Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Last Close Price 0,17 $
Average target price 15,00 $
Spread / Average Target 8 855%
EPS Revisions
Managers and Directors
Stephen Jay Ehrlich Chief Executive Officer & Director
Ashwin Prithipaul Chief Financial Officer
Philip Edward Eytan Non-Executive Chairman
Daniel Christopher Costantino Chief Information Security Officer
Rakesh Gidwani Chief Technology Officer
Sector and Competitors