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Cyren Ceases Operations After Financing, Sale Efforts Fail
Feb. 22, 2023, 6:19 p.m. |
BankInfoSecurity.com RSS Syndication www.bankinfosecurity.com
Cyren plans to cease operations and pursue liquidation after the email security and threat detection vendor failed to sell assets or raise more capital. The company terminated the employment of all remaining workers, commenced a bankruptcy proceeding in Israel and told Nasdaq to delist the company.
assets capital cyren detection email email security employment fail israel nasdaq operations plans sale security sell the company threat threat detection vendor workers workforce
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