Shares of LKNCY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Will Luckin Coffee recover?
On March 16, Luckin announced an agreement with key creditors to restructure 59% of its $460 million in convertible notes due 2025. These bondholders will recover roughly 91% to 96% of par value through cash, new debt, and Luckin Coffee shares.
What is the status of Luckin Coffee?
Luckin filed for bankruptcy in Feburary and was delisted from the Nasdaq following a scandal that saw the chairman and chief executive officer fired and hundreds of millions in fines paid to both Chinese and U.S. regulators. It is currently in a court-led restructuring in the British Virgin Islands.Dec 3, 2021
What happens to my Luckin Coffee stock?
As of 7/13/2020, Luckin Coffee (LK) has been delisted from the Nasdaq stock exchange. When a stock exchange delists a company, that stock stops being available to buy or sell on that exchange. As a result, Cash App Investing will no longer support any trades for the company.