Dynamic Attractions's parent company Dynamic Technologies has filed for corporate restructuring under the Companies' Creditors Arrangement Act (CCAA) in Canada, citing serious financial issues. The company apparently owes many millions to creditors it isn't able to pay back due to numerous stalled projects over recent years. Given that Disney and Universal are among their major clients, this could impact upcoming projects of theirs.
Dynamic Technologies Obtains CCAA Protection and Trading Suspension
WINNIPEG, Manitoba, March 09, 2023 (GLOBE NEWSWIRE) -- Dynamic Technologies Group Inc. (TSXV: DTG, OTC:ERILF) (“Dynamic”, “Company”, “we” and “our”)...