News by subject: RCN

Henniges Automotive, a global producer of vehicle sealing systems, announced today that it will close its Burlington, Ontario plant by the end of 2024. The plant produces vehicle sealing systems for automotive vehicles and employs 220 people who are...

In June 2023, Digicel entered into a consensual restructuring support agreement supported by nearly all holders of each tranche of DL's and DIFL's funded debtThe Restructuring was implemented through an exchange offer, Bermuda Schemes of arrangement...

Today, iRobot Corporation , a leader in consumer robots, announced that it will implement an operational restructuring plan designed to position the Company for stabilization in the current environment, while focusing on profitability and advancing...

GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company") , today announced that GOL and its...

In a strategic move to reflect the ever-evolving landscape of memory and storage technologies, Flash Memory Summit is excited to announce its transformation into FMS: the Future of Memory and Storage (FutureMemoryStorage.com). This rebranding marks...

Sandvik is continuously looking at ways to strengthen operational efficiency and resilience and have now decided to implement a new program of restructuring measures, supporting the strategy and the financial targets of the Group. The new measures...

Strategic Materials, Inc. (the "Company" or "SMI"), North America's largest glass recycler, announced today that it has successfully emerged from its restructuring process with a firm financial footing marked by significantly reduced debt and...

MEANS Database is proud to announce its rebranding initiative to become FoodRecovery.org. This comprehensive transformation allows the organization's team and mission to remain the same under a new name, logo, and website that better reflects its...

Branded Legacy Inc., , a holdings corporation invested in biotechnical research, has officially announced a significant reduction in its authorized share count from 1.5 billion to 900 million in common shares. This decision, made by the Board of...

West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") announced today that it will permanently close its sawmill in Fraser Lake, British Columbia, following an orderly wind-down. Today's decision is the result of West Fraser's inability to...

Linewize, the North American division of global safety and student wellbeing leader Qoria, today announced the launch of its new brand identity and website. Debuting ahead of the company's participation at the Future of Education Technology...

Yard Alliance announces the recapitalization of Per-Fect-A-Lawn in Norcross, GA and the acquisition of Palmetto Landscapes in Charleston, SC. The two companies are the second and third additions to Yard Alliance and serve to expand the platform to...

Synchrony and Ally Financial Inc. , today announced that they have entered into a definitive agreement for Synchrony to acquire Ally's point of sale financing...

A team of attorneys from global law firm Greenberg Traurig, LLP represented Chilean renewable energy company Inversiones Latin America Power (ILAP) in its comprehensive...

Digital Color Concepts ("DCC" or the "Company), a manufacturer of folding carton packaging and leading provider of premium commercial print services, today announced a majority equity recapitalization by Sherburne Partners ("Sherburne"). This...

Auceratm, the new identity of DialAmerica, one of the nation's largest privately held customer experience and contact center providers, today announced a strategic partnership with TouchPoint One. This collaboration marks a significant stride in...

Vesey Street Capital Partners, LLC ("VSCP"), a New York-based healthcare services private equity firm, announced that funds managed by VSCP have completed a majority recapitalization of Inceptua Group ("Inceptua", or the "Company"). Inceptua is a...

Continuing to adapt Bedding Products strategy to advance innovative, higher-value content and provide additional product solutions for our customersOptimizing manufacturing and distribution footprint to enhance the efficiency of our business while...

Black Press Ltd. and certain of its subsidiaries (collectively "Black Press" or the "Company"), announced today that it obtained an Initial Order on January 15, 2024 (the...

CapitalSpring, a leading specialist investor recognized for its expertise in multi-location business models, has completed a growth recapitalization of Primetime Fitness (formerly Great Lakes International LLC), a multi-unit franchisee with Crunch...

Fannie Mae today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio....

Cymbria Corporation ("Cymbria" or the "Company")  announced today that it intends to redeem up to $39,162,150 of class A shares ("Class A Shares"), at a price equal to 97% of the average adjusted net asset value (aNAV) per Class A Share for the five...

Amerijet International Airlines, a leading provider of global air cargo services, announced today that it has completed a successful financial & operational restructuring to enhance the Company's capital structure and support go-forward operations....

Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Hynes Industries (Hynes), a leading producer of custom roll-formed steel products, to Crossplane Capital, a Dallas-based private equity firm. BGL's Metals & Advanced Metals...

SVB Capital Management, LLC ("SVB Capital"), a wholly-owned indirect subsidiary of...

Nevro Corp. , a global medical device company that is delivering comprehensive, life-changing solutions for the treatment of chronic pain, today announced its preliminary, unaudited fourth-quarter and full-year 2023 revenue results. The company also...

Dave Inc. ("Dave" or the "Company") , one of the nation's leading neobanks, today announced it has reached an agreement with FTX Ventures Ltd. ("FTX") to purchase a convertible promissory note that it previously issued to FTX in the original...

The latest issue of the Seafood Processing Standard (SPS), which adopted a new format from the previous issue 5.1, has been approved by the Board of Directors and is ready for pilots, the Global Seafood Alliance (GSA) announced on January 4....

For more than thirty-five years, the name "Heddle" has been synonymous with hard work, determination, perseverance and the "mettle" it takes to fix and build ships in Canada. It is important to respect and understand the past in order to ensure a...

Anagram International and its affiliated debtors ("Anagram" or the "Company"), the world's leading foil balloon manufacturer, confirmed today the sale of its assets in accordance with Section 363 of the Bankruptcy Code to Celebration Bidco, LLC on...

TC BioPharm (Holdings) PLC ("TC BioPharm" or the "Company")  a clinical stage biotechnology company developing platform allogeneic gamma-delta T cell therapies for cancer, today...

John Pollard, Douglas Pollard and Gordon Pollard report that on Friday, December 29, 2023, Pollard Equities Limited, which is jointly controlled by John Pollard, Douglas Pollard and Gordon Pollard, transferred (i) 5,768,386 common shares of Pollard...

Primo Water Corporation (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced that it has closed the previously announced sale of a significant portion of Primo Water's...

NuZee, Inc. , a leading coffee co-packing and technology company, today announced that it has filed a Form 12b-25 with the Securities and Exchange Commission to provide notice of the late filing of its Annual Report on Form 10-K ("Form 10-K") for the...

Greenbrook TMS Inc. ("Greenbrook" or the "Company") today announced that it has entered into the twenty-second amendment (the "Amendment") to the Company's credit facility (the "Credit Facility") with affiliates of Madryn Asset Management, LP...

Element Nutritional Sciences Inc. (the "Company" or "Element") announces it has entered into an agreement to extend the engagement of an arm's-length corporate advisor (the "Service Provider") for an additional 12-month term. Pursuant to the terms...

Ziegler, a specialty investment bank, is pleased to announce its role as exclusive financial advisor to Ludi, Inc. ("Ludi" or the "Company"), a leading, physician-payment automation...

Jumana Capital, LLC ("Jumana"), a private investment firm specializing in transformative partnerships with entrepreneur-led companies, is pleased to announce the successful management buy-out and recapitalization of Outsource Utility Contractors, LLC...

Bird Global, Inc. , ("Bird" or the "Company") a leader in environmentally friendly electric transportation, today...

Endo International plc ("Endo" or the "Company") today announced that it has taken an important step toward concluding its financial restructuring process by filing a proposed Plan of Reorganization (the "Plan") and related Disclosure Statement with...

Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, today announced the recapitalization of Online Labels Group (OLG), a leading provider of pressure-sensitive labels, shrink sleeves, and flexible packaging...

Regan Zambri Long Personal Injury Lawyers, PLLC is pleased to announce that the Ideal Academy Public Charter School will be renamed to the "Friendship Victor E. Long Ideal Public Charter School," after Senior Partner Victor E. Long. "I want everyone...

Duvaltex ("Duvaltex" or the "Company"), a global leader in Contract Textiles and Protective Textiles, and a pioneer in sustainable textiles, announced today that it has sought protection under the Companies' Creditors Arrangement Act (CCAA) before...

PREIT , a leading operator of diverse retail and experiential destinations, today announced it is taking steps to execute a comprehensive reorganization to strengthen its balance sheet, reduce its total...

Curaleaf Holdings, Inc.  ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today announced that, in connection with the previously announced conditional approval of the Toronto Stock Exchange ("TSX") to...

Troika Media Group, Inc. ("Troika" or the "Company"), a consumer engagement and customer acquisition group, has announced that it has entered into a restructuring support agreement with certain funds managed by Blue Torch Finance LLC ("Blue Torch"),...

EventWorks, advised by JEGI CLARITY, has completed a merger and recapitalization with Quest Events, a portfolio company of TZP, and new investors....

The New Terminal One at New York John F. Kennedy International Airport has announced a successful $2 billion bonds issuance, following a strong reception from the investor community....

The China National Tourist Office in Los Angeles (CNTO) caps its multicity campaign to promote the organization's recent global "Nihao China" rebranding by hosting an all-member luncheon at the 2023 United States Tour Operators Association Annual...

Medivir AB , a pharmaceutical company focused on developing innovative treatments for cancer in areas of high unmet medical need, announced today that its partner, IGM Biosciences, has communicated a strategic pipeline prioritization and reduction of...