Digital 9 Infrastructure Shareholders Approve Managed Wind-Down
2 reports, 1 independent
Updated Sat 00:00
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What happened
Shareholders of Digital 9 Infrastructure approved a proposal for a managed wind-down on October 22, 2026. The board of directors had previously determined this wind-down plan following a Strategic Review. The proposal was first approved by shareholders on March 25, 2024, with 99.89% of votes in favor. InfraRed was appointed as the company’s investment manager and AIFM on October 11, 2024.
From themarketsdaily.com
Why it matters
The approval of the managed wind-down signals the cessation of operations for Digital 9 Infrastructure. This action affects the company's market status and the roles of its leadership. The company's listing status is contingent on continued operation, which is now ending.
From themarketsdaily.com
Who's involved
- companyThe company undergoing the managed wind-down process.
- board of directorsThe group that determined the managed wind-down plan.