BRIEF-Charge Enterprises Inc On January 19, 2024, Company Received A Foreclosure Notice From An Affiliate Of Arena - SEC Filing

Reuters01-26

Charge Enterprises Inc :

* CHARGE ENTERPRISES INC: ON JANUARY 19, 2024, COMPANY RECEIVED A FORECLOSURE NOTICE FROM AN AFFILIATE OF ARENA - SEC FILING

* CHARGE ENTERPRISES INC: NOTICE STATES THAT AGENT INTENDS TO SELL 100% OF CO'S EQUITY INTEREST IN COLLATERAL AT AN AUCTION TO BEGIN ON FEBRUARY 16

* CHARGE ENTERPRISES INC: IS ALSO CONTINUING TO EVALUATE STRATEGIC ALTERNATIVES

* CHARGE ENTERPRISES INC: CO REMAINS IN DISCUSSIONS WITH ARENA BEFORE AUCTION IS SCHEDULED ON FEB 16, 2024

* CHARGE ENTERPRISES: IF STRATEGIC ALTERNATIVES ARE NOT SUCCESSFUL, ABILITY TO CONTINUE AS A GOING CONCERN WILL LIKELY BE MATERIALLY ADVERSELY AFFECTED

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