💥New Chapter 11 Bankruptcy Filing - Cano Health Inc. ($CANO)💥
On February 4, 2024, Miami-based Cano Health Inc. ($CANO) and 47 affiliates (the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Owens) — a predictable outcome given years of terrible earnings results, a hail Mary deSPAC transaction, an unsustainable balance sheet, Board drama, and an allegedly shady-AF ex-CEO.
You can rea…