Ambipar Emergency Response director David J. Mack filed an initial insider ownership report. This Form 3 identifies him as a director but shows no reported insider transactions and no listed derivative positions in the data provided, serving mainly as a baseline disclosure of his reporting status.
Ambipar Emergency Response reports that its parent company, Ambipar Participações e Empreendimentos S.A., has filed an initial proposal of a plan for judicial recovery (recuperação judicial) with the 3rd Corporate Court of the District of the Capital of the State of Rio de Janeiro in Brazil. This court-supervised process is taking place within the mandatory timeframe required under Brazilian rules.
The proposed Judicial Recovery Plan still needs approval from a general meeting of creditors and may be amended after discussions with those creditors. Ambipar Emergency Response continues to present itself as a global environmental services provider with six business units and operations in 41 countries.