on 2CRSi SA (isin : FR0013341781)
2CRSi responds to the Grizzly Research publication
2CRSi, a designer of high-performance servers, reacted to the publication of a report by Grizzly Research LLC. Grizzly's report caused a drop in 2CRSi's stock price. This decline benefited Grizzly, which holds a short position of approximately 0.89% of 2CRSi's capital.
Short selling, by its very nature, operates through public dissemination, triggering rapid market reactions. 2CRSi disputes the report's content, calling it inaccurate and misleading, and highlighting Grizzly's conflict of interest. 2CRSi plans to publish a detailed response to the accusations.
A webinar will be held to inform shareholders and investors. Trading remains suspended to ensure equal and complete information is provided.
R. E.
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