[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  (NIO) San Francisco [@NIOSanFrancisco](/creator/twitter/NIOSanFrancisco) on x 8753 followers Created: 2025-07-06 01:51:52 UTC It’s it time to consider a move to the OTC market from NYSE ? Look at LUCKIN & it’s rebirth ! In January 2020, short-seller Carson Block and his firm Muddy Waters Research published an anonymous 89-page investigative report on Twitter, claiming that Luckin Coffee had falsified financial and operational figures; the company denied the allegations. In April 2020, however, the company revealed that it had inflated its 2019 sales revenue by up to US$310 million. This resulted in the stock price crashing and several executives being fired.[19] Trading was suspended and the company was delisted from NASDAQ on XX June 2020.[20] The company filed for Chapter XX bankruptcy in the US in February 2021.[21] In December 2021, Luckin Coffee received court approval from a federal judge in Manhattan to restructure $460M worth of its debt and to settle a number of class-action lawsuits against it over the fabricated sales figures.[22][23] In 2022, The Wall Street Journalreported that the company has emerged from bankruptcy after completing the restructuring of its financial debt under United States Code, and also replaced most of its top management who were held accountable for the earlier fraud. Today:  XXXXX engagements  **Related Topics** [twitter](/topic/twitter) [$lkncy](/topic/$lkncy) [new york stock exchange](/topic/new-york-stock-exchange) [nio](/topic/nio) [Post Link](https://x.com/NIOSanFrancisco/status/1941676437855141980)
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(NIO) San Francisco @NIOSanFrancisco on x 8753 followers
Created: 2025-07-06 01:51:52 UTC
It’s it time to consider a move to the OTC market from NYSE ?
Look at LUCKIN & it’s rebirth !
In January 2020, short-seller Carson Block and his firm Muddy Waters Research published an anonymous 89-page investigative report on Twitter, claiming that Luckin Coffee had falsified financial and operational figures; the company denied the allegations. In April 2020, however, the company revealed that it had inflated its 2019 sales revenue by up to US$310 million. This resulted in the stock price crashing and several executives being fired.[19] Trading was suspended and the company was delisted from NASDAQ on XX June 2020.[20] The company filed for Chapter XX bankruptcy in the US in February 2021.[21] In December 2021, Luckin Coffee received court approval from a federal judge in Manhattan to restructure $460M worth of its debt and to settle a number of class-action lawsuits against it over the fabricated sales figures.[22][23] In 2022, The Wall Street Journalreported that the company has emerged from bankruptcy after completing the restructuring of its financial debt under United States Code, and also replaced most of its top management who were held accountable for the earlier fraud.
Today:
XXXXX engagements
Related Topics twitter $lkncy new york stock exchange nio