The prospect of a restructuring or sale for Lion Electric has effectively ended, as the Quebec government ruled out further investment in the company.
"Needless to say this club has been a huge part of my life and ultimately shaped not just my music taste but also the way I enjoy music. To see it ending this way, basically stealing the money of the very people who had supported it over the years, cloaked in silence with no acknowledgment of the inevitable end or what is happening with orders."
The announcement of Third Harmonic Bio's shutdown comes after substantial layoffs and signifies a crucial turning point for the company, emphasizing challenges in continuing its operations ahead.