Brief: Agilethought Announces Strategic Financial Restructuring To Strengthen Financial Future
28/08/2023 19:15
Aug 28 (Reuters) - AgileThought Inc AGIL.O :
* AGILETHOUGHT ANNOUNCES STRATEGIC FINANCIAL RESTRUCTURING
TO
STRENGTHEN FINANCIAL FUTURE
* AGILETHOUGHT INC- AGILETHOUGHT WILL EFFECTUATE TRANSACTION
THROUGH A 90-DAY CHAPTER 11 REORGANIZATION PROCESS UNDER U.S.
BANKRUPTCY CODE
* AGILETHOUGHT INC- ADDITIONAL WORKING CAPITAL FUNDING, A
GO-PRIVATE TRANSACTION, AND RESTRUCTURING
* AGILETHOUGHT: BLUE TORCH AFFILIATE AGREED TO SERVE AS
STALKING-HORSE BUYER OF SUBSTANTIALLY ALL OF CO'S ASSETS,
SUBJECT TO HIGHER OR BETTER OFFERS
* AGILETHOUGHT INC- TO SUPPORT RESTRUCTURING PROCESS, BLUE
TORCH
HAS AGREED TO PROVIDE APPROXIMATELY $22 MILLION IN NEW-MONEY
FINANCING
* AGILETHOUGHT INC- ANNOUNCES ADDITIONAL WORKING CAPITAL
FUNDING,
A GO-PRIVATE TRANSACTION, AND RESTRUCTURING
Source text for Eikon: ID:nGNX1bD99Y
Further company coverage: AGIL.O
((Reuters.Briefs@thomsonreuters.com;))
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Brief: Agilethought Announces Strategic Financial Restructuring To Strengthen Financial Future