- ComSovereign's Q3 results go from bad to worse as we see several hallmarks of deep distress.
- The company is more than three months into an attempted equity offering, raising questions on if they will be able to complete a deal.
- Failure to raise desperately needed cash to pay creditors, vendors, employees, etc. would raise the spectre of bankruptcy.
- In my opinion, COMS shareholders are in a heads you lose, tails you lose a lot situation, and I'll explain why.
For further details see:
ComSovereign Holding: The Walls Are Closing In As Either A Discounted Equity Offering Or Bankruptcy Is Expected