Bright Green Corporation Common Stock

Bright Green Corporation has signed an agreement with a major shareholder to restructure the company through a prepackaged Chapter 11 bankruptcy plan. The plan aims to position the company to participate in the onshoring of drug production and manufacturing in the U.S., with the support of federal loan guarantees for new mega farms.

Related tickers: BGXX.

Bright Green Corporation announced that Lynn Stockwell, the founder, has agreed to terms for a restructuring security agreement. The restructuring will involve cancellation of existing contracts and agreements, and Stockwell will assume the role of Executive Chair and CEO.

Related tickers: BGXX.