What's going on with vev stock

Here is some information about VEV stock:

1. Restructuring Plan: Vicinity Motor (VEV) is developing a restructuring plan with creditors to address the demands of Royal Bank of Canada and Export Development Canada. This plan aims to progress towards financial stability for the company.
2. Stock Performance: VEV's stock has experienced significant volatility, with a year-to-date growth of -87.86%. The stock has seen a recent spike, with a 141% increase in trading volume, despite no clear news from the company. This could be due to speculative trading or retail and day traders' activities, making the stock risky.
3. Financial Health: The company has applied for a Management Cease Trade Order due to the delay in filing interim financial statements. This delay is attributed to the current situation with the company's secured lenders. This financial uncertainty may contribute to the stock's volatility.
4. Market Position: Vicinity Motor has a strong backlog of fuel-neutral bus orders and a solid foundation for its workout plan. The company aims to return to normal full operations within 60 days.

In conclusion, the stock's value is heavily influenced by the company's financial stability and restructuring efforts, which are currently in progress. The stock's volatility and recent surge in trading volume suggest a high level of speculation, which could be driven by the company's potential for growth in the electric bus market. However, the financial uncertainties and the company's past performance indicate a need for cautious investment consideration.