Bankruptcy News - Candlesense

Modivcare Receives Nasdaq Delisting Notice Following Chapter 11 Filing

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care soluti...

What potential opportunities or risks does the delisting create for short positions or alternative investment strategies? How likely is Modivcare to emerge from Chapter 11 and regain compliance with Nasdaq listing requirements? What immediate effect will the Nasdaq delisting notice have on MODV's share price and trading volume?

Symbol: MODV

3 days ago

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Hyperscale Data Subsidiary Gresham Worldwide Receives Court Approval of Reorganization Plan; On Track to Emerge from Chapter 11 on October 1, 2025

Projected to Contribute $40 Million in Annual Sales to Hyperscale Data LAS VEGAS, Aug. 21, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hypersca...

Will the reorganization plan result in dilution or other changes to existing shareholders' equity? What is the expected impact of the $40 million annual sales contribution from Gresham on Hyperscale Data's revenue guidance? How will the emergence from Chapter 11 affect GPUS's capital structure and future earnings?

Symbol: GPUS

4 days ago

Heritage Global Partners to Conduct Court-Approved Auction of CaaStle, Inc.’s Clothing Inventory and Industrial Laundry Equipment

SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, has been appointed b...

Symbol: HGBL

5 days ago

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TPI Composites, Inc. Advances Chapter 11 Process with Court Approval of First-Day Motions

Secures Access to Liquidity and Financial Flexibility

How might this development affect TPI's competitive position and market share in the long term? What is the expected timeline for emerging from Chapter 11 and returning to normal operations? Are there any risks of further dilution or asset sales that could impact existing shareholders?

Symbol: TPI

11 days ago

TPI Composites, Inc. Initiates Voluntary Chapter 11 Proceedings to Facilitate Restructuring to Position Company for Long-Term Success

Reaches Agreement with Senior Secured Lenders for Use of Cash Collateral and Up to $82.5 Million in Debtor-in-Possession Financing, Subject to Final Documentation and Court Approval

What regulatory or legal hurdles could delay the restructuring and how might they affect the timeline and outcomes? What are the possible scenarios for a sale or merger of TPI’s assets during or after the Chapter 11 process? How does the company’s current valuation compare to its peers that have successfully emerged from Chapter 11?

Symbol: TPIC

14 days ago

Sunnova Secures Interim Court Approval for Debtor-in-Possession Financing

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) today announced that it has received approval for a series of strategic transactions intended to support a v...

Symbol: NOVA

2 months ago

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Sunnova Announces Strategic Action to Facilitate Value-Maximizing Sale Process

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova” or the “Company”) (NYSE: NOVA) today announced that on June 8, 2025, the Company and certain of its subsidiaries voluntarily f...

Symbol: NOVA

3 months ago

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