Why NewAge Shares Are Getting Hammered
Why NewAge Shares Are Getting Hammered
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 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.納斯達克(Sequoia Capital：NBEV)股價下跌22.56%，至0.09美元，此前該公司最近宣佈，根據美國破產法第11章的規定，它提交了自願救濟申請。
What Else?
還有什麼？
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，該公司已確定，破產法第11章的流程是進行戰略交易以及為所有利益相關者保護和保留價值的最快捷方式。
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，在其顧問的幫助下，該公司已獲得1600萬美元的“債務人佔有”融資安排的承諾，這還有待法院批准。NewAge表示，這筆資本，加上持續運營產生的收入，將提供流動性，支持公司完成出售過程。
See Also: Why Seres Therapeutics Shares Are Popping Off Today
另見：為什麼Seres Treateutics的股票今天會暴漲
According to data from Benzinga Pro, NewAge has a 52-week high of $1.79 and a 52-week low of $0.09.
根據Benzinga Pro的數據，NewAge的52周高點為1.79美元，52周低點為0.09美元。
