Fossil Group shares rise 11.34% intraday after UK court approved subsidiary restructuring to avoid US bankruptcy and registered $50M stock issuance.
ByAinvest
Tuesday, Dec 2, 2025 10:33 am ET1min read
FOSL--
Fossil Group surged 11.34% in intraday trading, with the company announcing that a UK court approved its subsidiary's restructuring plan on November 10, 2025, to avoid US bankruptcy proceedings. Additionally, on November 13, 2025, the company registered a $50 million stock issuance, referencing a share price of $2.31, the closing price from November 12, 2025.
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