The BMV warned that the suspension of the listing may last “until the issuer does not disclose the missing information, in accordance with the provisions of the applicable provisions.”
He also said that stock market intermediaries must refrain from channeling requests or orders to carry out operations with the previously identified values.
What happened to TV Azteca?
The last financial statement issued by the company was the one corresponding to the fourth quarter of 2022, where reported a 68% drop in earnings, Derived from the drop in advertising sales and the high costs related to the transmission of the Qatar 2022 World Cup matches.
The tycoon’s company faces legal problems for non-payments for 63 million 315,000 dollars.
The funds Plenisfer Investments SICAV – Destination Value Total Return, Cyrus Opportunities Master Fund II, Ltd and Sandpiper Limited seek the company to enter Chapter 11 of the US Bankruptcy Code to settle the liabilities.