News by subject: RCN

2U, Inc. ("2U" or the "Company"), a global leader in online education, today announced that it has initiated a financial transaction to strengthen...

Incline Equity Partners ("Incline"), a leading private equity firm dedicated to investing across the middle market, is unveiling a new brand identity aimed to better reflect the unique culture and time-tested strategy that have established the firm...

Coral Energy is proud to announce its rebranding initiative as the company expands and refines its operations. This change reflects the management's commitment to further diversify its footprint and continue to mark its separation from the past. ...

Midwest Christian Villages dba Christian Horizons and its related companies today announced it has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Christian Horizons will continue to operate as usual...

Dynata, LLC ("Dynata" or the "Company"), the most trusted source for reliable, accurate first-party data, announced today full emergence from its Chapter 11 bankruptcy filing with a significantly improved capital structure and marking another...

SNDL Inc. ("SNDL" or "The Company") today announced a restructuring project aimed at reducing corporate overheads and improving the efficiency of its organizational structure to position the Company for future growth. The project is expected to...

Rodan + Fields ("R+F" or "the Company")?a brand known for delivering proven results in skincare and haircare through science-backed, dermatologist-created products?today announced a simplified business model to unlock growth and reach new...

In a significant move to honor its legacy and mark a new chapter in its storied history, Carr Companies proudly announces its rebranding to CarrAmerica. This transformation reflects Carr Companies' enduring commitment to community building and a...

Taiga Motors Corporation ("Taiga" or the "Company") today announced that Taiga and its subsidiaries (collectively, the "Taiga Group") have sought and obtained from the Superior Court of Québec (the "Court") (i) an order (the "Initial Order")...

IMB Partners ("IMB"), a leading lower middle market investment firm, announced the completion of a dividend recapitalization of its three portfolio companies, Alder Foods, Elite Brands and Richmond Wholesale (collectively, "Pro Food Solutions"), a...

Hornblower Group ("Hornblower" or the "Company") announced today that it has successfully completed its financial restructuring process and emerged with new majority ownership, a focused portfolio and financial flexibility to support its growth over...

XMTP Labs, the core team behind the messaging protocol XMTP, announces its rebranding to Ephemera. This name change underscores that Ephemera, the company, is distinct and separate from XMTP, the protocol. The name also reinforces that Ephemera's...

Dynata to fully emerge from the Chapter 11 Process in the coming days, eliminating 40% of its total debtDynata to receive $50 million in exit financing - New Equity Owners have provided $81.5 million in total financingDynata boasts an unrivalled...

Cano Health, Inc. ("Cano Health" or the "Company"), a leading value-based primary care provider and population health company, announced today it successfully emerged from Chapter 11 as a reorganized private company with a significantly improved...

Basic Fun, Inc. ("Basic Fun" or the "Company"), an industry leader in the design, development and marketing of branded toys and imaginative play products to the retail and family entertainment channels, today announced that it, together with certain...

Erickson Realty, a trusted name in Northern Colorado real estate, is excited to announce its rebranding as Enjoy Realty! The transition signifies a new chapter for the real estate agency, reflecting a deeper commitment to its clients and community....

Cathedral Energy Services Ltd. ("Cathedral" or the "Company") announces that its Board of Directors has approved the implementation of the consolidation of the issued and outstanding common shares of the Company, approved by its shareholders on May...

GBank Financial Holdings Inc. (the "Company") , the parent company for GBank (the "Bank"), and BankCard Services, LLC ("BCS"), today announced the successful closing of their restructured transaction. The Company has acquired a 32.99% non-voting...

Argosy Healthcare Partners ("AHP"), a lower middle market private equity fund focused exclusively on healthcare, and a division of Argosy Capital Group, Inc., a diversified investment firm with $3.4 billion in assets under management, announced today...

Vizsla Silver Corp. ("Vizsla Silver" or the "Company") is pleased to announce that it has received final TSX Venture Exchange ("TSX-V"") approval of the previously announced plan of arrangement ("Arrangement") to reorganize its business, including...

Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") , an operator of metal recycling facilities in Virginia, North Carolina, and Ohio, announced today the completion of its recapitalization, significantly...

Greenbrook, the specialist communications advisor to the investment industry, with particular expertise in private equity, private credit, hedge funds, debt restructuring, and special situations, is pleased to announce a series of promotions and...

? Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that the Company repurchased a total of 1,244,300 Africa Oil common shares during the period of June 10, 2024 to June 14, 2024 under the previously announced share buyback...

Valeo Pharma Inc. ("Valeo" or the "Company"), a Canadian pharmaceutical company, today...

Coach USA (the "company"), a leading provider of passenger transportation and mobility services, today announced that it commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate sale processes...

Path 2 Profit Bookkeeping recently announced it was transforming financial management for SMB entrepreneurs who are determined to dominate their industries. Led by seasoned expert Tiffany-Ann Bottcher, Path 2 Profit is far more than a bookkeeping...

In response to increasing investor demand for more cost-effective trading solutions, FP Markets, a global multi-asset Forex and CFD broker, has further reduced its spreads across various trading instruments....

? Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that the Company repurchased a total of 994,000 Africa Oil common shares during the period of June 3, 2024 to June 7, 2024 under the previously announced share buyback...

Hornblower Group ("Hornblower" or the "Company") today announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the Company's Plan of Reorganization (the "Plan"). Hornblower expects to successfully complete its...

Ecopetrol ("Ecopetrol" or the "Company") informs that, in line with the 2040 strategy named "Energy that Transforms," which seeks the Company's positioning as a leader in energy diversification in the region and as part of its transformation process...

C1, a technology solutions company, today announced that it has successfully completed its financial restructuring process. C1 has emerged with an even stronger financial foundation, enabling it to further invest in product and service innovations...

LaVie Care Centers, LLC (the "Company"), an operator of 43 licensed skilled nursing facilities in five states, today announced that it has taken steps to implement a financial restructuring designed to improve its capital structure and position the...

Surge Energy Inc. ("Surge" or the "Company") is pleased to announce a number of recent positive operational and financial developments, including: the sale of certain non-core assets, achievement of Management's Phase 2 net debt1 target, an...

Dynata, LLC ("Dynata" or the "Company"), the most trusted source for reliable, accurate first-party data ? announced today that the Company has successfully concluded its first day prepackaged chapter 11 hearing and received $31.5M in new financing,...

ETS announced today the rebranding of one of their premier assessment product families, TOEFL®, led by TOEFL iBT®, the world's most accepted and respected English-language proficiency assessment, trusted globally for its reliability in predicting...

? CAE Inc. today announced that it has received regulatory approval to proceed with its previously-announced normal course issuer bid ("NCIB") to purchase, for cancellation, up to 15,932,187 of its common shares commencing May 30, 2024 and ending May...

GOL Linhas Aéreas Inteligentes S.A. , a leading domestic airline in Brazil, today announced the next important milestone in its financial restructuring process initiated in the United States Bankruptcy Court, disclosing its new 5-Year Financial Plan...

Aker Solutions' consultancy has today announced plans to double its revenues and headcount by 2030 as it introduces its new name, Entr. Entr's growth is driven by an increased demand for Aker Solutions' early phase offerings and the need to adapt...

Maple Leaf Foods today announced its decision to close its Brantford, Ontario plant and consolidate most of its Further Processed Poultry (FPP) production into its existing plant network through early 2025.   Earlier this year, the Company...

Dynata, LLC ("Dynata" or...

Cano Health, Inc. ("Cano Health" or the "Company"), a leading value-based primary care provider and population health company, today announced a global agreement with the Unsecured Creditors Committee representing the interests of the Company's...

Defense records $568.0 million goodwill impairment, $90.3 million unfavourable contract adjustments, and $35.7 million impairment of related intangible assetsPreliminary unaudited fiscal fourth quarter and full fiscal 2024 results and initial fiscal...

Zachry Holdings, Inc. (the "Company" or "ZHI") today announced that ZHI and certain of its subsidiaries have initiated a voluntary court-supervised Chapter 11 process that provides them with time and flexibility to resolve issues related to the...

Brown Gibbons Lang & Company (BGL) is pleased to announce the recapitalization of Musser Biomass and Wood Products ("Musser" or the "Company"), a leading producer of premium ESG-certified reclaimed biomass wood fiber, by the Watermill Group. BGL's...

On May 16, 2024, local time in Italy, Ferretti Group Chairman Tan Xuguang hosted an on-site meeting of the Italian Ferretti company's board of directors at Milan headquarters, fully affirmed the continuous growth of the company's performance in the...

Red Lobster Management LLC, along with its direct and indirect operating subsidiaries ("Red Lobster" or "the Company"), owner and operator of the Red Lobster® restaurant chain, today announced that the Company has voluntarily filed for relief under...

First Federal Bank of Kansas City, a mutual savings bank headquartered in Lee's Summit, Missouri, has finalized a plan to reorganize its corporate structure to form a mutual holding company under the name Cosperity Bancorp, Inc. As a result of the...

Buyers Edge Platform (the "Company"), a leader in digital procurement solutions for the foodservice industry, today announced it has completed a $1.1B recapitalization to support its continued growth through the successful closing of a $560M Term...

Chemistree Technology Inc. and (the "Company" or "Chemistree"), announces that is has completed the previously announced restructuring transaction (the "Restructuring Transaction") to settle $6,668,000 in principal amount of outstanding 10% senior...

KidKraft, Inc. and its U.S. and Canadian affiliates (collectively, "KidKraft" or the "Company"), an industry leader in the design and development of branded, wood-based active and imaginative play products including swing sets, doll houses, role...