CIRC is trading at $0.21, down 13.33%, amid disclosed creditor actions involving Lyneer, a plausible company-specific catalyst; no separate confirmed announcement explaining the pre-market move surfaced.
- Circle8 disclosed that Lyneer’s senior lender intends to sell substantially all of the staffing subsidiary’s assets in private sales on or after October 27. Circle8 disputes the notice’s validity.
- The filing reports alleged payment defaults and SPP loan-default notices. Circle8 says it is reviewing the matters and discussing them with creditors.