Why NewAge Shares Are Getting Hammered
Why NewAge Shares Are Getting Hammered
Newage Inc (NASDAQ:NBEV) shares are trading lower by 22.56% to $0.09 on continued weakness after the company recently announced it filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code.
NewAge Inc.纳斯达克(Sequoia Capital：NBEV)股价下跌22.56%，至0.09美元，此前该公司最近宣布，根据美国破产法第11章的规定，它提交了自愿救济申请。
What Else?
还有什么？
NewAge says the company has determined that the Chapter 11 process is the most expeditious way to pursue a strategic transaction and protect and preserve value for all stakeholders.
NewAge表示，该公司已确定，破产法第11章的流程是进行战略交易以及为所有利益相关者保护和保留价值的最快捷方式。
NewAge says the company, with the help of its advisors, has secured a commitment for a "debtor in possession" financing facility of $16.0 million, subject to court approval. NewAge says this capital, together with revenue generated from ongoing operations, will provide liquidity to support the Company through the sale process.
NewAge表示，在其顾问的帮助下，该公司已获得1600万美元的“债务人占有”融资安排的承诺，这还有待法院批准。NewAge表示，这笔资本，加上持续运营产生的收入，将提供流动性，支持公司完成出售过程。
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According to data from Benzinga Pro, NewAge has a 52-week high of $1.79 and a 52-week low of $0.09.
根据Benzinga Pro的数据，NewAge的52周高点为1.79美元，52周低点为0.09美元。