AFHIF - Atlas Financial Hlds
OTC Market: Pink Current Information
On 9/1/2021 Atlas (OTC: AFHIF) announced a financial restructuring which it expects to extend the maturity on the Company’s 6.625% Senior Unsecured Notes due April 26, 2022.[1]
On 4/1/2022 the company announced that audited 2021 financial statements had been filed with the Securities and Exchange Commission. President and CEO Scott Wolney stated, "Much of our focus in 2021 was the conclusion of legacy issues related to our strategic reorganization. In 2022 and beyond, we are focused on growth and business expansion. We continue to see encouraging signs of recovery with an increased demand for rides and a related improvement in driver supply." According to the news release, net loss from operations was $5.8 million, or -$0.45 per share, compared to a net loss of $13.0 million in 2020 and -$1.08 per share.[2]
More News: OTC Markets
As of 8/9/2022 there were 17,652,839 shares of AFHIF stock outstanding.
As of 12/30/2022 short interest was 5,770 shares, which represents 1 day to cover.
Symbol change from AFHIQ to AFHIF on 7/7/2022.
- Atlas Financial Hlds - March 2, 2022: Company website
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