News by subject: RCN

L'AgenceRP, the Paris, France and Boston, Massachusetts public relations agency, has today announced its name change to Kalamari. Driven by ambition to help its clients have local impact and international reach, the agency guides and amplifies the...

Think Energy, LLC ("Think Energy"), a leading retail electricity provider serving customers in 12 states and the District of Columbia, announces the launch of the newly rebranded ThinkEnergy.com and multiple new sales channels including a customer...

Dear Managing Director Georgieva, The Ad Hoc Group of Sri Lanka Bondholders (the "Bondholder Group") acknowledges the Sri Lankan authorities' engagement with their official creditors towards a resolution of the current crisis and restoration of debt...

Yak Access, LLC ("Yak" or the "Company"), the nation's leading provider of temporary access roads and related services, announced today that it has executed a Restructuring Support Agreement (the "RSA") with holders of approximately 78% of its funded...

Dominari Holdings Inc. ("Dominari" or the "Company") today provided an update on the $2 million share repurchase program (the "Share Repurchase Program") authorized by the Company's Board of Directors on December 5, 2022....

Builders ("Builders" or "Company") announces that it has completed its conversion from a mutual captive company into a mutual holding company structure. The new structure allows Builders to remain competitive by adopting a more modern corporate...

Olymel's management is announcing the closure of two of its facilities for the further processing of pork: its Blainville and Laval plants. This decision, which is part of a reorganization undertaken in 2021 and is aimed at optimizing operations,...

Stora Enso's segment reporting was changed on 1 January 2023 due to the ongoing reorganisation of the Paper division's operations and changes in the reporting of emerging businesses in the Packaging Solutions division.The Paper division was...

Cypress Development Corp. ("Cypress" or "the Company") announces that the Board of Directors has approved a name change of the Company from Cypress Development Corp. to Century Lithium Corp....

Boaters List, Inc., the leading digital technology platform serving the Boating and Marine Industries, announced today that it has completed the transition of its equity management to JP Morgan Chase- Global Shares ("JPM Global Shares"). The Company...

Select Data, a company with thirty years of Home Health and coding experience, today announced a major shift in its business strategy, selling its outsourced services unit to focus on SmartCaretm, an artificial intelligence (AI) solution designed to...

Cypress Creek Renewables O&M, a leading US provider of solar and storage O&M solutions, announced today they have changed their name to Cypress Creek Solutions. As the solar and storage sector grows and evolves, Cypress Creek Solutions continues to...

Party City Holdco Inc. ("PCHI" or the "Company"), a global leader in the celebrations industry, today announced that it has entered into an agreement...

Core Laboratories N.V. ("Core", "Core Lab", or the "Company") announces the Company's Board of Directors has approved a plan to reorganize the Company's corporate structure, which will include redomestication of the parent company from the...

T.O. Global LLC ("Tikun" or the "Company") ? the U.S. affiliate of Israel's pioneer in medical cannabis research and wellness products, announced today the restructuring of its balance sheet with senior creditors fully converting $14 million debt...

Lightspeed Commerce Inc. , the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer...

Smart Holding, a major Ukraine-based industrial group and an international investor, today announces the completion of the latest round of its on-going restructuring. As part of the restructuring, the Founder of Smart Holding, Vadym Novynskyi has...

Clean Coal Technologies, Inc., ("CCTI" or the "Company") today announced several key strategic updates. "We are pleased to announce that following Shareholder and Finra approval for our stock reverse in July 2022, company management has made...

LendingClub Corporation today announced a cost reduction and reorganization plan to align its operations to reduced marketplace revenue following the Federal Reserve's historic pace of interest rate...

FORMA Brands, LLC ("FORMA Brands" or the "Company"), a builder of beauty brands anchored in innovative and high-quality products, marketing and operations, today announced that its direct parent...

Turnarounds & Workouts, the leading news magazine for corporate restructuring professionals, has again recognized Getzler Henrich & Associates LLC, with the prestigious honor of being selected as one of the top U.S. Outstanding Turnaround Firms....

Princeton Bancorp, Inc. (the "Company") and The Bank of Princeton (the "Bank") jointly announced today the consummation of a holding company reorganization, effective at the close of business on January 10, 2023, pursuant to which the Company became...

CoinShares International Limited ("CoinShares" or the "Company") , Europe's largest and leading digital asset investment and trading group, today announced that it has agreed to enter a two block transactions with two shareholders to acquire 196,654...

Fort Point Capital, a Boston-based private equity firm, announced today that it has recapitalized ROX360 (the "Company"), a tech-enabled marketing platform that provides technology-driven logistics / fulfillment services and customer retention...

Exeter Street Capital Partners ("Exeter"), the private equity affiliate of Patriot Capital Group, announces the majority recapitalization of Yebo Group, LLC ("Yebo" or the "Company") in partnership with Harbert Credit Solutions, IBC Funds, and the...

La Brea Bakery Café locations in Los Angeles and Downtown Disney District in Anaheim closed permanently this morning. The company has made the strategic decision to exit the restaurant business and continue its focus on growing the La Brea Bakery...

Fetch, America's No. 1 rewards app and leading consumer-engagement platform, today finally, unequivocally made "Fetch" happen, formally changing its name to better reflect its popularity among users nationwide and align with expansion plans to...

eHealth, Inc. (eHealth.com), a leading private online health insurance marketplace (the "Company"), today announced that on January 1, 2023, pursuant to the terms previously announced by the Company on November 14, 2022, the Compensation Committee...

FTX Trading Ltd. (d.b.a. FTX.com), and its affiliated debtors (together, the "FTX Debtors"), and FTX Digital Markets Ltd. ("FTX DM"), acting by the Joint Provisional Liquidators (Brian Simms, K.C., Peter Greaves and Kevin Cambridge), today announced...

Automation-X, Inc. (Auto-X) is pleased to announce that as of December 30th, 2022, they are now a 100% employee-owned company through an Employee Stock Ownership Plan (ESOP). Auto-X was founded in 2003 and today is the leader in turnkey automation...

The E.W. Scripps Company will restructure and reorganize to create a more nimble company to further leverage its strong position in the U.S. television ecosystem and propel its growth across new distribution platforms and emerging media...

Ankura Consulting, LLC ("Ankura"), a leading global expert services and advisory firm, today announced that M. Benjamin Jones, Global Co-Head of Turnaround & Restructuring, will be inducted as a Fellow in the 34th Class of the American College of...

Management and existing shareholders of Titan Frozen Fruit, along with Vestar Capital Partners, a leading U.S. middle market private equity firm, and Windhover Capital, a private equity firm focused on the food, beverage, pet and consumer sectors,...

Pyxus International, Inc. (the "Company"), a global value-added agricultural company, today announced that the Company and certain of its subsidiaries, including Pyxus Holdings, Inc. ("Pyxus Holdings"), entered into a Support and Exchange Agreement...

K&N Engineering, Inc. ("K&N" or the "Company") today announced that it has taken steps to strengthen its financial foundation and position the business for continued long-term success. The Company has entered...

Gray Capital's accomplishments throughout 2022 included the launch of its $100 million multifamily investment fund, The Gray Fund, the acquisition of several large apartment properties, recapitalization and refinancing of existing assets, notable...

Capping four years of intense work by the Official Creditors Committee ("OCC"), the fiduciary for all Survivors in the Chapter 11 case of the Archdiocese of Santa Fe ("ADSF"), Judge David T. Thuma, United States Bankruptcy Judge for the District of...

Cansortium Inc. ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluenttm brand, announces that, pursuant to a third amendment dated December 21, 2022 (the "Third Amendment") to an existing agreement (as...

Subaru Canada Inc. (SCI) would like to introduce the newly appointed Chairman, President and CEO, Tomohiro Kubota. Kubota replaces the previous Chairman, President and CEO, Yasushi Enami, after his five-year term. SCI wishes to thank Enami for his...

Clubhouse Media Group, Inc. ("Clubhouse Media"), an influencer-based social media firm and digital talent management agency, today announced that it has reduced its outstanding debt by approximately $104 thousand.  Clubhouse Media's outstanding debt...

Pathway Health Corp. ("Pathway" or the "Corporation") is pleased to announce it has entered into a non-binding letter of intent dated December 16, 2022 ("LOI") whereby it is proposed that Pathway will acquire all of the issued and outstanding...

Key points of the restructuring plan: Focus on capital discipline given macroeconomic conditions and industry readiness.Strategic investments on highest value-added projects, namely the validation and commercialization of TuSimple's leading...

Core Scientific, Inc. ("Core Scientific" or "the Company"), a leader in high-performance blockchain computing data centers today announced that, after a comprehensive review of potential alternatives and exhaustive discussions with various Company...

On December 14, 2022, the stockholders of Monument Circle Acquisition Corp. (the "Company") approved (i) an amendment to the Company's amended and restated certificate of incorporation (the "Charter") to extend the date by which the Company would be...

Lender Negotiations Update Entered into a non-binding term sheet with NYDIG regarding approximately $74 million of debt contemplating the following terms:NYDIG would purchase miners with approximately 2.8 EH/s of mining capacityGreenidge would enter...

Talen Energy Corporation ("TEC") and Talen Energy Supply ("TES" and, together with TEC, the "Company", "Talen Energy" or "Talen") announced today that the Company's chapter 11 plan of reorganization (the "Plan") has been confirmed by the U.S....

Lola Digital Media today announced a corporate rebranding and name change to AllGear Digital. The company, founded in 2018, owns and operates a network of media sites including GearJunkie, Switchback Travel, Bikerumor, and other top brands....

Ericsson's wholly owned Russian subsidiary has entered into an asset transfer agreement to divest its local customer support business in Russia to a Russian...

B. Riley Financial, Inc. ("B. Riley"), a diversified financial services platform which is one of the largest creditors of Core Scientific, Inc. ("Core Scientific" or "the Company"), today issued an open letter to Core Scientific shareholders and...

Raytheon Technologies' Board of Directors authorized today the repurchase of up to $6 billion of the company's outstanding common stock. The new authorization replaces the company's previous program, approved Dec. 7, 2021. Share repurchases may take...