NYSE:EVA

Enviva Receives NYSE Notice Regarding Delayed Form 10-K Filing

Retrieved on: 
Monday, April 8, 2024
Enviva, Form, Form 10-K, Security (finance), Bank statement, United States bankruptcy court, Bankruptcy, Annual report

The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE.

Key Points: 
  • The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE.
  • The NYSE informed the Company that, under the NYSE's rules, the Company will have six months from April 1, 2024 to file the Form 10-K with the SEC.
  • The Company can regain compliance with the NYSE listing standards by filing the Form 10-K with the SEC before such date.
  • The Company is working diligently to complete the necessary work to file the Form 10-K as soon as practicable and currently expects to file the Form 10-K within the six-month period granted by the NYSE Notice; however, there can be no assurance that the Form 10-K will be filed within such period.

Enviva Announces Court Approval of DIP and the Commencement of the DIP Syndication Process

Retrieved on: 
Friday, March 15, 2024
Forest Products, Energy, Natural Resources, Other Energy, Enviva, KCC, Common stock, Form 8-K, Telephone, Rule, Date, Inc., CUSIP, DIP, Sale, United States bankruptcy court, Bankruptcy, Suite, Security (finance)

If you are not an Eligible Holder, you may not participate in the Opportunity.

Key Points: 
  • If you are not an Eligible Holder, you may not participate in the Opportunity.
  • Eligible Holders that participate in the Opportunity will be subject to certain restrictions under the DIP Facility Agreement, including with respect to voting and information rights.
  • If you are an Eligible Holder interested in participating in the Opportunity, you must complete copies of the relevant subscription documents.
  • Certain principal terms of the DIP Facility and the Company and certain of its subsidiaries’ contemplated restructuring are set forth in the DIP Facility Agreement, which is available at www.kccllc.com/Enviva (by clicking on the link for “DIP Syndication Materials”).

Enviva Announces Comprehensive Agreements to Delever Balance Sheet and Strengthen Financial Position

Retrieved on: 
Wednesday, March 13, 2024
Forest Products, Energy, Natural Resources, Other Energy, KCC, RSA, Growth, Inc., Lazard, Vinson & Elkins, Alvarez and Marsal, Wood, United States bankruptcy court, Bankruptcy, File, Swedish Royal Academies, Interim, Security (finance)

To implement this pre-arranged restructuring, Enviva and certain of its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia (the “Court”).

Key Points: 
  • To implement this pre-arranged restructuring, Enviva and certain of its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia (the “Court”).
  • These motions, which Enviva expects to be approved in short order, are expected to help facilitate a smooth transition into Chapter 11.
  • Enviva expects to continue to pay suppliers in the ordinary course for authorized goods received and services provided after the filing.
  • Vinson & Elkins LLP is serving as legal counsel; Lazard is serving as investment banker; and Alvarez & Marsal is serving as financial advisor to Enviva.

Enviva Receives Continued Listing Standard Notice from the NYSE

Retrieved on: 
Monday, January 29, 2024
Forest Products, Energy, Natural Resources, Other Energy, Notice, Common stock, Calendar, Inc.

Enviva Inc. (NYSE: EVA) (“Enviva” or the “Company”) today announced that on January 23, 2024 it received notification (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the Company is no longer in compliance with NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30-trading-day period.

Key Points: 
  • Enviva Inc. (NYSE: EVA) (“Enviva” or the “Company”) today announced that on January 23, 2024 it received notification (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the Company is no longer in compliance with NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30-trading-day period.
  • The Notice has no immediate impact on the listing of the Company’s shares of common stock (the “Common Stock”), which will continue to be listed and traded on the NYSE during the cure period, subject to the Company’s compliance with the other listing requirements of the NYSE.
  • The Common Stock will continue to trade under the symbol “EVA,” but will have an added designation of “.BC” to indicate that the Company currently is not in compliance with the NYSE’s continued listing requirements.
  • If the Company is unable to regain compliance during the cure period, the NYSE may initiate procedures to suspend and delist the Common Stock.

ENVIVA ALERT: Bragar Eagel & Squire, P.C. is Investigating Enviva Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, December 23, 2023
Class Action Lawsuit, Professional Services, Legal, Telephone, Tax, Depreciation, News, P.C

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Enviva Inc. (NYSE: EVA) on behalf of long-term stockholders following a class action complaint that was filed against Enviva on September 12, 2023 with a Class Period from November 3, 2022 to May 3, 2023.

Key Points: 
  • Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Enviva Inc. (NYSE: EVA) on behalf of long-term stockholders following a class action complaint that was filed against Enviva on September 12, 2023 with a Class Period from November 3, 2022 to May 3, 2023.
  • Our investigation concerns whether the board of directors of Enviva have breached their fiduciary duties to the company.
  • The Enviva class action lawsuit further alleges that on May 3, 2023, Enviva revised down its 2023 guidance, lowering its net loss projection from $18-$48 million to $136-$186 million, and suspending dividend payments for 2023.
  • The Enviva class action lawsuit alleges that on this news, the price of Enviva common stock fell more than 67%.

DEADLINE ALERT for DOCN, IART, and EVA: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Monday, November 13, 2023
Defendant, EBITDA, PMA, Suite, Integra, Law, Complaint, Investment, DigitalOcean, FDA, Security (finance), Enviva

LOS ANGELES, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • LOS ANGELES, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors have until the deadlines listed below to file a lead plaintiff motion.
  • Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected] .
  • The Law Offices of Frank R. Cruz, Los Angeles

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Enviva Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 13, 2023 – (NYSE: EVA)

Retrieved on: 
Monday, November 13, 2023
EBITDA, EVA, NEXT, Fraud, Holding company, Security (finance)

DEADLINE: November 13, 2023 Shareholders should not delay in registering for this class action.

Key Points: 
  • DEADLINE: November 13, 2023 Shareholders should not delay in registering for this class action.
  • The deadline to seek to be a lead plaintiff is November 13, 2023.
  • The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices.
  • The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.

INVESTOR DEADLINE MONDAY: Robbins Geller Rudman & Dowd LLP Announces that Enviva Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Retrieved on: 
Friday, November 10, 2023
CASE, Tax, NYSE, Depreciation, News, SAN, Tobacco, Enviva

The Enviva class action lawsuit alleges that on this news, the price of Enviva common stock fell more than 67%.

Key Points: 
  • The Enviva class action lawsuit alleges that on this news, the price of Enviva common stock fell more than 67%.
  • A lead plaintiff acts on behalf of all other class members in directing the Enviva class action lawsuit.
  • The lead plaintiff can select a law firm of its choice to litigate the Enviva class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Enviva class action lawsuit.

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Enviva Inc. (EVA) Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on: 
Thursday, November 9, 2023
EBITDA, NYSE, Telephone, LLP, CLASS, NEXT, Court, COST, Cryptocurrency, Enviva

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Enviva Inc. ("Enviva" or the "Company") (NYSE: EVA) of a class action securities lawsuit.

Key Points: 
  • NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Enviva Inc. ("Enviva" or the "Company") (NYSE: EVA) of a class action securities lawsuit.
  • CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Enviva investors who were adversely affected by alleged securities fraud between November 3, 2022 and May 3, 2023.
  • Follow the link below to get more information and be contacted by a member of our team:
    EVA investors may also contact Joseph E. Levi, Esq.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

ENVIVA INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Enviva To Contact Him Directly To Discuss Their Options

Retrieved on: 
Thursday, November 9, 2023
EBITDA, NYSE, Advertising, LLP, Tax, Depreciation, Woman, EPS, Street, Court, News, Enviva

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Enviva Inc. (“Enviva” or the “Company”) (NYSE: EVA) and reminds investors of the November 13, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • You may also click here for additional information: www.faruqilaw.com/EVA
    There is no cost or obligation to you.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • When the true details entered the market, the lawsuit claims that investors suffered damages.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Enviva’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.