Latch Stock Plunges Record Low, March 2023

JH
John Honovich
Mar 12, 2023
IPVM

Latch stock has been falling for a while, e.g. Latch Falls To Penny Stock After Admitting "Material Errors and Possible Irregularities" and Latch Stocks Plummets To 76 Cents. Friday, it got even worse.

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*** **** ***** **** ~**%:

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***** **** ** *** *** ******* Friday *** *** ** **** *** public ****. ** ******,*** *** **** ************** *** ****** *** **'* ******* why **** ***** ***** ***** ** fall ** *************.

***** ********* *** *** ******** *** none ** **** ** ***.

(1)
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Donald Maye
Mar 13, 2023

***** ****** ***** **** ******** $*.** ******** ** ***, **** than *% ** *** *******'* ***** cash:

*** ******* *** ******** ** ******* accounts **** *** ** ************* $*.* million (* ******* ** ***** *** Company ******** ** ******* ** *** FDIC), ***** ********** **** **** *% of *** *******’* ***** **** *** cash *********** *** ******* *** ***-******* available-for-sale **********. *** ******* ** **** aware **** *** **** *** **** appointed ******** ** ********* ****. *** Company **** *** **** *** ******** withSignature ****.

******* $***.** ** **** *** **** equivalents:

*** *******’* ***** **** *** **** equivalents *** ******* *** ***-******* *********-***-**** securities ** ** ***** *, ****, was *************$***.* *******

$**.** *** *******, *** **** ** US ****:

$**.* ******* ** ** * ********* account **** ** *.*. **** ******** Association (“*.*. ****”) *** *** ***** SVB ***** ********** (* ********** ********** advisor *** ***-**** ********* ** ***) has ******** ********** ********** ********

*** ***** ** ** **% **** morning

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JH
John Honovich
Mar 13, 2023
IPVM

*** *******’* ***** **** *** **** equivalents *** ******* *** ***-******* *********-***-**** securities ** ** ***** *, ****, was *************$***.* *******

** **** **** ****** **** $*** million ** **** **** * ****. By ********, *** **************** ** *** ** ** ****:

***** **** **** ********** ********** *** the ***** ****** ***** ***** **, 2022 *** $***.* *******

**** ** *** ********* ** ***** current ********* **** ****, ***** * have ** ******* ** **** **** $25 ******* *********, ***** **** **** made ** **** **** ** *** last **** *** **** *** **** rate ** *** ** * *** question.

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