Cyren (CYRN) Announces Liquidation
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Cyren Announces Liquidation
February 22, 2023 9:01 AM ESTMCLEAN, VA / ACCESSWIRE / February 22, 2023 / Cyren (NASDAQ: CYRN), a provider of email inbox security and threat detection solutions, today announced that, in response to its inability to secure additional sources of liquidity or consummate a going concern sale, as previously disclosed, the Board of Directors of the Company approved a plan to cease operations and commence insolvency proceedings for the Company and to liquidate its wholly-owned subsidiaries under applicable insolvency and other laws.
The Company intends to commence a voluntary bankruptcy proceeding in... More
