Fisker stock implodes, gets delisted from NYSE after financing deal with large automaker falls through
trib.al/oj936c6
Adam Neumann Submits Bid to Buy Back WeWork for More Than $500 Million: The former chief executive who co-founded the co-working space provider said last month ...
on.wsj.com/3x7aneO
Quick Glance: Adam Neumann Makes Bid Exceeding $500 Million for WeWork: Report
- The Wall Street Journal reported that WeWork cofounder Adam Neumann submitted a bid of over $500 million to buy back the bankrupt company.
- Neumann is attempting to regain control of the bankrupt coworking company following efforts by him and his new real estate company Flow Global to repurchase WeWork.
- The financing of Neumann's $500 million bill was not immediately clear to individuals familiar with the situation.
- WeWork, once valued at $47 billion, filed for Chapter 11 bankruptcy in November 2023, with Neumann seeking a path back to the company since.
FTX to Offload Majority of 8% Stake in Anthropic for $884 Million: The estate of bankrupt crypto exchange FTX is offloading about two-thirds of its 8% stake in ...
bloomberg.com/news/articles/2024-03-25/ftx-to-sell-majority-of-anthropic-stake-for-884-million
Paid articlePaid
Fisker Inches Closer to Bankruptcy After Talks With Potential Partner Fall Through
motortrend.com/news/fisker-talks-with-automaker-fall-through-bankruptcy-inches-closer/
Boutique e-motorcycle startup Cake files for bankruptcy: Electric motorcycle startup Cake filed for bankruptcy February 1, CEO Stefan Ytterborn has confirmed to ...
techcrunch.com/2024/02/02/cake-electric-motorcycle-bankruptcy/
Japanese flying bike startup A.L.I. Technologies files for bankruptcy: The Tokyo-based startup had aimed to play a key role in an expected “air mobility society ...
japantimes.co.jp/business/2024/01/17/companies/flying-bike-bankruptcy/
Beyond WeWork: How A Japanese billionaire VC took $60 billion from the Saudi, Abu Dhabi wealth funds and inflated unicorns worldwide
fortune.com/2023/11/07/wework-bankruptcy-unicorns-venture-capital-softbank-masayoshi-son-billionaire/
Hedge fund looks to acquire Volta Trucks from bankruptcy, potentially saving tons of jobs
electrek.co/2023/11/23/hedge-fund-acquire-volta-trucks-bankruptcy-potentially-saving-jobs/
Scooter sharing company Bird files for bankruptcy: Bird, a company that operates scooter and bicycling sharing operations in TK cities in the United States filed ...
cnn.com/2023/12/20/business/scooter-sharing-company-bird-files-for-bankruptcy/
Electric truck maker Volta Trucks files for bankruptcy in Sweden: Electric truck maker Volta Trucks said on Tuesday it has decided to file for bankruptcy ...
reuters.com/markets/deals/electric-truck-maker-volta-trucks-files-bankruptcy-sweden-2023-10-17/
Fisker (FSR) Stops Production, Warns It May Need to Seek Bankruptcy: Fisker Inc. is pausing production for the next six weeks as the electric-vehicle maker looks ...
bloomberg.com/news/articles/2024-03-18/fisker-stops-production-and-warns-it-may-need-to-seek-bankruptcy
Paid articlePaid
Hedge fund manager faces arrest over $533 million taken from ed-tech startup: A U.S. bankruptcy judge on Thursday ordered the arrest of William Cameron Morton ...
reuters.com/business/hedge-fund-manager-faces-arrest-over-533-million-taken-ed-tech-startup-2024-03-14/
WSJ News Exclusive | WeWork Plans to File for Bankruptcy as Early as Next Week: Once a venture capital-backed star with an astronomical valuation ...
wsj.com/articles/wework-plans-to-file-for-bankruptcy-as-early-as-next-week-1fdcb6a5
Adam Neumann Wants WeWork Back. Does WeWork Want Adam Neumann?: Stranger things have happened.
slate.com/business/2024/02/adam-neumann-bid-buy-back-wework.html
Thrasio files for bankruptcy after raising billions: The Walpole e-commerce firm attracted $3 billion to buy up brands on Amazon before going bust.
bostonglobe.com/2024/02/28/business/thrasio-bankruptcy/
Lordstown Motors comes out of bankruptcy with a new name to fight Foxconn: Lordstown Motors has emerged from bankruptcy with a new name and a nearly-singular ...
techcrunch.com/2024/03/15/lordstown-motors-nu-ride-chapter-11-foxconn/
Indian edtech Byju's US unit files for bankruptcy in Delaware: Bankruptcy will allow unit to sue to recover missing cash
gulfnews.com/business/retail/indian-edtech-byjus-us-unit-files-for-bankruptcy-in-delaware-1.1706873426152
Winklevoss Twins’ Crypto Start-Up Gemini Will Pay Burned Customers $1.1 Billion: A state regulator found they “failed to conduct due diligence on an unregulated ...
thedailybeast.com/winklevoss-twins-crypto-start-up-gemini-will-pay-burned-customers-dollar11-billion
Paid articlePaid
These startups had to file for bankruptcy in 2024: In the first two months of the new year, the number of insolvency applications in the country's local courts ...
businessinsider.de/gruenderszene/business/startup-insolvenzen-2024-februar/
Vice Is Said to Be Headed for Bankruptcy: The company, which was once valued at $5.7 billion, has been struggling to find a buyer this year.
nytimes.com/2023/05/01/business/media/vice-bankruptcy.html
Quick Glance: Vice Media Group on the Verge of Bankruptcy
- It's not just banks in the United States. That is a problem.
- According to a New York Times story, the American media company Vice is on the verge of bankruptcy.
- This news has sent shockwaves across the American media.
Lenders begin bankruptcy proceedings against India's Byju's: A group of lenders said on Thursday that it had started bankruptcy proceedings against the holding ...
reuters.com/technology/lenders-begin-bankruptcy-proceedings-against-indias-byjus-2024-01-25/
Robotic Tire Changing Business Goes Bust: A Detroit-based startup hoping to normalize robotic tire changes has filed for bankruptcy ...
thetruthaboutcars.com/cars/news-blog/robotic-tire-changing-business-goes-bust-44504797
How the Netherlands became Europe’s startup hub: In the Netherlands, an e-bike company bankruptcy masked a thriving startup ecosystem. What’s behind the small ...
csmonitor.com/World/Europe/2024/0205/How-the-Netherlands-became-Europe-s-startup-hub
Paid articlePaid
Vice Media Files for Bankruptcy: Vice, which had wooed media giants, has struggled to adjust to the punishing realities of digital publishing ...
nytimes.com/2023/05/15/business/media/vice-bankruptcy.html
Quick Glance: Vice Media seeks bankruptcy protection
- Vice Media, formerly a rising star in the digital news media world, announced on Monday that it has filed for bankruptcy protection under Chapter 11 to facilitate its sale.
- The company, which targets millennials and is known for its edgy news and lifestyle content, faced difficulties as advertising revenues shrank.
- In 2017, Vice Media was valued at $5.7 billion -- exceeding the market capitalization of The New York Times at the time.
- Despite the bankruptcy filing, Vice Group confirmed that all of its media brands will continue to produce content.
Japanese flying bike XTURISMO creator A.L.I. Technologies files for bankruptcy: Tokyo-based A.L.I. Technologies, a startup known to develop flying bikes (aka ...
aerotime.aero/articles/japanese-flying-bike-xturismo-creator-a-l-i-technologies-files-for-bankruptcy
Inside Calibrate's $20 million deal with Madryn to avoid bankruptcy: Madryn Asset Management now owns 70% of Calibrate, after turning a portion of its loans to ...
businessinsider.com/calibrate-deal-madryn-asset-management-bankruptcy-2023-11
From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money: After staving off collapse by cutting costs, many young tech companies are out of options ...
nytimes.com/2023/12/07/technology/tech-startups-collapse.html
SmileDirectClub Shutting Down: What To Know About Aligner Company’s Liquidation: The “Lifetime Smile Guarantee” has been eliminated “effective immediately ...
forbes.com/sites/antoniopequenoiv/2023/12/08/smiledirectclub-shutting-down-what-to-know-about-aligner-companys-liquidation/
How a promising vertical farm in Braddock ended up in bankruptcy: A year after it shuttered operations at its 60,000-square-foot farming facility in Braddock ...
post-gazette.com/business/tech-news/2023/11/12/fifth-season-bankruptcy-vertical-farm-braddock/stories/202311080101
Chinese electric vehicle firm WM Motor files for bankruptcy: The firm previously sought to achieve a backdoor listing on the Hong Kong stock exchange via a ...
monitor.co.ug/uganda/news/world/chinese-electric-vehicle-firm-wm-motor-files-for-bankruptcy-4397490
#FPDailyData : Once the US' most valuable startup, WeWork has filed for bankruptcy. A look at the office sharing company’s valuation over the years.
WeWork has crashed 99% since its debut, could now file for bankruptcy: The commercial real-estate startup's shares have crashed 99% since it made its ...
markets.businessinsider.com/news/stocks/wework-stock-market-crash-spac-ipo-bankruptcy-rumors-adam-neumann-2023-11
Lordstown Waves Red Flag Over Potential Souring of Foxconn Deal: Lordstown Motors is back in the headlines with news that it could end up in bankruptcy if it ...
thetruthaboutcars.com/cars/news-blog/lordstown-waves-red-flag-over-potential-souring-of-foxconn-deal-44500729
Lightyear’s Operating Company Enters Bankruptcy: Future of the solar-powered-car startup is in doubt after production of its first EV has been halted ...
autoweek.com/news/green-cars/a42704574/lightyear-ev-atlas-operating-company-bankruptcy/
Bankrupt Digital Health Company Babylon Sells U.K. Assets For Just $620,000: The British telehealth startup–once valued at over $4.2 billion–had sold its U.K ...
forbes.com/sites/katiejennings/2023/09/19/bankrupt-digital-health-company-babylon-sells-uk-assets-for-just-620000/
WeWork Has Sent a Distress Signal. Here’s What to Know.: The co-working company has declared that its ability to endure as a business is in doubt ...
nytimes.com/2023/08/09/business/wework-explain.html
Quick Glance: WeWork: Doubts about Future Lead to Slide in Shares
- WeWork, backed by Softbank, is hit hard by the pandemic as social distancing rules force people to work from home.
- In a statement, WeWork acknowledges challenges including softer demand and a "difficult" operating environment.
- The company expresses "substantial doubt" about its ability to continue.
- WeWork plans to reduce rental costs and limit capital expenditures.
Wild 3-wheeled electric vehicle teetering on brink of bankruptcy. Here's why
electrek.co/2023/01/19/arcimoto-electric-vehicle-bankruptcy-risk/
British digital health startup Babylon Health went public in June 2021 at a $4.2 billion valuation
forbes.com/sites/katiejennings/2023/09/19/bankrupt-digital-health-company-babylon-sells-uk-assets-for-just-620000/
Lightyear tries to claw back from bankruptcy as new company using Solar EV tech as collateral
electrek.co/2023/02/20/lightyear-back-bankruptcy-new-company-solar-ev-tech-collateral/
CoVenture Says It Wasn’t Warned of Amazon Brand-Buyer Bankruptcy: Investment management firm CoVenture said it was preparing to discuss restructuring options for ...
bloomberg.com/news/articles/2023-09-01/coventure-says-it-wasn-t-warned-of-amazon-brand-buyer-bankruptcy
E-bike maker VanMoof goes bankrupt after hitting sales slump following covid: A VanMoof statement noted that the company's international subsidiaries are not ...
irishexaminer.com/business/companies/arid-41186197.html
AppHarvest bankruptcy: A look at the rise and fall of the once-lauded Eastern KY startup
kentucky.com/news/business/article277596688.html
Lordstown Motors files for bankruptcy and sues Foxconn: The electric truck maker, which operates out of a former General Motors plant in Ohio ...
washingtonpost.com/business/2023/06/27/lordstown-motors-chapter-11-bankruptcy-foxconn/
Quick Glance: Lordstown Motors Receives Nasdaq Delisting Notification
- On June 28, Lordstown Motors received a notification from Nasdaq stating its failure to meet listing requirements.
- Trading in its class A common stock will be suspended on July 7, 2023.
- Lordstown shares fell by almost 4% in premarket trading.
- The electric vehicle manufacturer filed for bankruptcy protection and is up for sale.
Venture-backed startups are failing at record rates: Fifty-four companies with private equity or VC backing have already filed for bankruptcy protection this ...
fastcompany.com/90933648/venture-backed-startups-are-failing-at-record-rates
Cowboy rides to the rescue as Dutch e-bike competitor goes bust: The VanMoof bankruptcy serves as a cautionary tale for other e-bike startups in the industry.
brusselstimes.com/world-all-news/608382/cowboy-rides-to-the-rescue-as-dutch-e-bike-competitor-goes-bust
After bankruptcy: start-up backpacker trail sold to SEO agency: Backpackertrail, a platform for backpackers that had already become insolvent at the end of ...
fvw.de/touristik/vertrieb/nach-insolvenz-start-up-backpackertrail-an-seo-agentur-verkauft-235408
Paid articlePaid
Quick Glance: Start-up Backpackertrail Sold to SEO Agency After Bankruptcy
- Backpackertrail offered travel components for backpacking trips.
- Trustfactory acquired the platform and intends to keep it running.
- The founders of Backpackertrail, Fabio Hildenbrand and Stephan Ilg, filed for bankruptcy.
The biggest startup flameouts of the last decade: Vice now joins an ignominious club of well-funded flameouts.
axios.com/2023/05/15/startup-bankruptcy-vice-media
Arcimoto's latest teeny-tiny EV is all work and no play: Arcimoto, maker of pint-sized electric vehicles, has a new EV. By the looks of it, it’s no joy ride ...
techcrunch.com/2023/05/30/arcimotos-latest-teeny-tiny-ev-is-all-work-and-no-play/
Elon Musk’s SpaceX has one less competitor as fellow billionaire Richard Branson’s Virgin Orbit files for bankruptcy
fortune.com/2023/04/04/elon-musk-virgin-orbit-files-for-bankruptcy-spacex-richard-branson/
Paid articlePaid
Wheels Up founder abruptly steps down as losses mount, potential bankruptcy looms
cnbc.com/2023/05/09/wheels-up-founder-abruptly-steps-down-as-losses-mount-bankruptcy-looms.html
Vice files for bankruptcy, Foxconn's investment in India and two fascinating startup rounds
techcrunch.com/2023/05/15/vice-files-for-bankrupcy-foxconns-investment-in-india-and-two-fascinating-startup-rounds/
Underground Cellar, the innovative wine reseller that suddenly ceased operations in late April after attracting customers with a game-like wine-collecting ... Show more
SVB Financial Group Files for Chapter 11 Bankruptcy Protection: SVB’s parent company filed for bankruptcy after regulators seized the firm’s banking unit
time.com/6264073/svb-financial-group-chapter-11/
A Silicon Valley birth control startup goes bankrupt after false billing claims: The Pill Club, a birth control and telehealth provider backed by an affiliate of ...
mercurynews.com/2023/04/21/a-california-birth-control-startup-goes-bankrupt-after-false-billing-claims
Lightyear reemerges as new slimmed down company, will continue developing its solar EV
electrek.co/2023/04/03/lightyear-new-company-continue-developing-solar-ev/
RenoRun files for creditor protection: The once hotshot Montreal-based startup was unable to raise needed capital despite numerous attempts over the past nine ...
theglobeandmail.com/business/article-renorun-creditor-protection/
Struggling Boston Internet startup Starry files for bankruptcy: The company has been slashing costs and pulling back from newer markets in an effort to conserve ...
bostonglobe.com/2023/02/21/business/struggling-boston-internet-startup-starry-files-bankruptcy/
FTX says hackers stole $415M after cryptocurrency exchange filed for bankruptcy: FTX met with debtors on Tuesday and reported that approximately $415 million in ...
foxbusiness.com/markets/ftx-says-hackers-stole-415m-cryptocurrency-exchange-filed-bankruptcy
Walgreens buys Medly's patient data for $19 million in bankruptcy sale: The once-hot pharmacy startup Medly is selling its core pharmacy business to Walgreens ...
businessinsider.com/walgreens-buys-medly-pharmacy-patient-data-19-million-bankruptcy-sale-2023-2
Paid articlePaid
E-scooter producer: Remagener start-up Kumpan files for bankruptcy: The company e-bility GmbH, based in Remagen, which specializes in the production of electric ...
rhein-zeitung.de/region/aus-den-lokalredaktionen/kreis-ahrweiler_artikel,-erollerproduzent-remagener-startup-kumpan-meldet-insolvenz-an-_arid,2503800.html
Paid articlePaid
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics