Modivcare Inc. Receives Nasdaq Delisting Notice Amid Chapter 11 Bankruptcy and Restructuring Efforts

Reuters

08/23

Modivcare Inc. Receives Nasdaq Delisting Notice Amid Chapter 11 Bankruptcy and Restructuring Efforts

Modivcare Inc., a technology-enabled healthcare services company, has received a delisting notice from Nasdaq following its Chapter 11 bankruptcy filing. The company is pursuing a comprehensive restructuring transaction aimed at strengthening its future by reducing debt and injecting capital, with the support of a supermajority of its key stakeholders. Despite the ongoing proceedings, Modivcare's service lines are expected to continue operating normally, ensuring uninterrupted access to care. The company has also faced compliance issues with Nasdaq due to a delay in filing its quarterly report for the fiscal quarter ended June 30, 2025. For more information regarding the Chapter 11 case, stakeholders can visit veritaglobal.net/Modivcare or contact the company's claims agent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ModivCare Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250822175803) on August 22, 2025, and is solely responsible for the information contained therein.

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Receives Nasdaq Delisting Notice Amid Chapter 11 Bankruptcy and Restructuring Efforts","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Modivcare Inc. Receives Nasdaq Delisting Notice Amid Chapter 11 Bankruptcy and Restructuring Efforts\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Modivcare Inc., a technology-enabled healthcare services company, has received a delisting notice from Nasdaq following its Chapter 11 bankruptcy filing. The company is pursuing a comprehensive restructuring transaction aimed at strengthening its future by reducing debt and injecting capital, with the support of a supermajority of its key stakeholders. 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Receives Nasdaq Delisting Notice Amid Chapter 11 Bankruptcy and Restructuring Efforts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-23 05:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Modivcare Inc. 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Receives Nasdaq Delisting Notice Amid Chapter 11 Bankruptcy and Restructuring Efforts\n    \n\n        Modivcare Inc., a technology-enabled healthcare services company, has received a delisting notice from Nasdaq following its Chapter 11 bankruptcy filing. The company is pursuing a comprehensive restructuring transaction aimed at strengthening its future by reducing debt and injecting capital, with the support of a supermajority of its key stakeholders. Despite the ongoing proceedings, Modivcare's service lines are expected to continue operating normally, ensuring uninterrupted access to care. The company has also faced compliance issues with Nasdaq due to a delay in filing its quarterly report for the fiscal quarter ended June 30, 2025. For more information regarding the Chapter 11 case, stakeholders can visit veritaglobal.net/Modivcare or contact the company's claims agent.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ModivCare Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250822175803) on August 22, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"corporation,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}