Canada-based loose tea retailer DAVIDsTEA debuted on the Nasdaq Friday with a strong first day of trading. At the close, shares were up 42% from the offering price.
Pursuant the motion filed by DAVIDsTEA Inc. and DAVIDsTEA (USA) Inc. (the "Debtors") on July 7, 2020, the Superior Court of Québec granted the motion and issued an amended and restated Initial Order on July 16, 2020 which provides, among other things, for a stay of all proceedings unt...