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Hoche Partners Criticizes Procaps (PROC) for Delayed Disclosures and Management Issues
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Hoche Partners Criticizes Procaps (PROC) for Delayed Disclosures and Management Issues

Sep 05, 2024
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Snowball Research
Snowball Research
Hoche Partners Criticizes Procaps (PROC) for Delayed Disclosures and Management Issues
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Key Summary: On September 3, 2024, Hoche Partners criticized Procaps Group's press release for delaying disclosures, manipulating financials, and lacking investigation transparency. They condemned past management practices and questioned the effectiveness of the new CEO, suggesting Procaps might face bankruptcy without delayed bank payments.

Market Cap: …

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