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.
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