McPhy Energy SA is currently undergoing a judicial reorganization process, as reviewed by the Belfort Commercial Court on June 24, 2025. Several offers have been submitted, and a decision is anticipated on July 8, 2025. Regardless of whether an offer is accepted, it is expected that McPhy will enter judicial liquidation. This process aims to liquidate assets and activities that are not transferred, leading to the likely delisting of McPhy shares. Due to the anticipated realization of assets compared to liabilities, the shares are expected to have no value, and shareholders will not receive reimbursement.
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