Court filings reveal Sheertex maker’s steep losses ahead of insolvency
Insolvent Montréal startup SRTX recently struck a deal to sell some of its assets to fellow Québec textile manufacturing firm AYK International. Court filings published online last week by SRTX trustee PricewaterhouseCoopers (PwC) share more details about the state of the Sheertex maker’s business and how it got here. “The technology works. The customers are…
