The party is over

$PRTY From 8k filing that prty put out today . Think it’s over . They probably wanted to give time for new buyers to digest info and stay away .

Party City Holdco Inc. (PRTY) - FORM 8-K | Current report seekingalpha.com/filing/714…

“the cancellation, extinguishment and discharge of the existing common stock of the Company and any other equity securities of the Company, with existing equity in the Company receiving no recovery or distribution.”