News by subject: RCN

Yingli Green Energy Holding Company Limited ("Yingli Green Energy" or "the Company"), was informed that Baoding Municipal Intermediate People's Court in Hebei Province, China, has ruled that the restructuring of Yingli Energy (China) Co., Ltd....

ImageWare® Systems, Inc. , a leader in biometric identification and authentication software, today announced that it has reached an agreement with holders of over 90% of its Series A Convertible Preferred Stock to restructure Series A Preferred held...

Bow River Capital 2019 Software Growth Equity Fund ("Bow River") today announced that is has completed a majority recapitalization of Altvia, a proven provider of cloud-based CRM, deal management, and investor lifecycle management software purpose...

MommaWork, an employer-paid benefit that supports the struggles of working parenthood from pre-conception through college and solves the leading problems plaquing HR ? attrition, productivity and litigation, announced their rebranding to more...

Kernan Oaks Apartments has announced they are under new ownership and have made changes to their on-site senior management. This announcement comes on the heels of a $10 million community renovation that first began three years ago. This renovation...

Light Engine Design Corp.'s subsidiary, Curtis Mathes, Inc. has changed its name to Curtis Mathes Therapeutics, Inc. (CMTI) and will focus of the development of novel lighting technologies for therapeutic applications. Drawing on extensive research...

Yroo Inc. ("Yroo", or the "Company") is pleased to provide a corporate update and information regarding its recent recapitalization and other actions taken to significantly improve the Company's overall financial position....

Liberty Power, one of the nation's largest and longest tenured independent retail electricity suppliers, today announced its new multi-year supply agreement with Boston Energy Trading and Marketing LLC (BETM). BETM is a wholly owned subsidiary of...

iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") , which owns, operates, and partners with regulated cannabis operations across the United States, announced today that it has entered into a Restructuring Support Agreement (as defined...

Hi-Crush Inc. , ("Hi-Crush" or the "Company"), a fully-integrated provider of proppant logistics solutions, today announced it has entered into a Restructuring Support Agreement (the "Agreement") with certain noteholders (the "Noteholders"),...

Lannett Company, Inc. today announced a restructuring and cost savings plan. The initiatives include consolidating the research and development (R&D) function into a single location in Philadelphia and lowering operating costs. The company's...

Lincoln International is pleased to announce that The Araz Group, Inc. (d/b/a HealthEZ), a leading independent third-party administrator (TPA) of self-funded medical plans, has received an investment from Abry Partners LP, a private investment firm...

Scholar's Choice, a division of Educator Supplies Limited, today announced a strategic restructuring to reduce its footprint in the brick-and-mortar retail space while growing its e-commerce and catalogue operations servicing childcare centres,...

Advanced Core Concepts, a leading provider of full life cycle system support to defense, space, and intelligence markets, has announced a major rebranding as ARCTOS. ACC combined with premier firms ARMA and UTC in 2019 to create a unique enterprise...

Nielsen Holdings plc today announced a broad-based optimization plan to drive permanent cost savings and operational efficiencies, as well as to position the Company for greater profitability and growth. Nielsen is prioritizing resources to focus on...

Delphi Energy Corp. ("Delphi" or the "Company") announces a recapitalization and financing transaction (the "Restructuring Transaction"), to be implemented as a plan of compromise and arrangement (the "Plan") under the Companies' Creditors...

Kaminario, the leading cloud data platform company, today announced that the company will begin operating under the new name of Silk, effective immediately. This rebranding strategy reflects the company's evolution as well as its vision for the...

Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce it has successfully closed the previously announced sale of a 12.5% interest in the Glacier Gas Plant to Topaz Energy Corp. ("Topaz") and received $100 million cash...

Cirque du Soleil Entertainment Group announced that it is utilizing the Companies' Creditors Arrangement Act (CCAA) to restructure their business in order to further their position as a world leader in entertainment. "We are proud to be close...

Sunstar Insurance Group, LLC (Sunstar) announced today that it has completed a majority recapitalization with BBH Capital Partners (BBHCP), the private equity strategy of Brown Brothers Harriman & Co. (BBH). Terms of the transaction were not...

McDermott International Ltd. ("McDermott" or the "Company") today announced that the Company has successfully completed its restructuring process. The comprehensive balance sheet restructuring equitizes nearly all of McDermott's $4.6 billion of...

Exchange Traded Concepts (ETC) announced that the ETFMG Prime Cyber Security ETF ("HACK") and ETFMG Prime Mobile Payments ETF ("IPAY") (each an "Acquired Fund" and, collectively, the "Acquired Funds") will be reorganized into the ISE Cybersecurity...

Covia today announced that it has taken a major step toward creating a sustainable capital structure by reducing debt and eliminating excess fixed costs by more than $1 billion. The Company has entered into a restructuring support agreement (the...

Company files to restructure under the Companies' Creditors Arrangement Act in response to immense disruption and forced show closures as a result of the COVID-19 pandemic Enters into a "stalking horse" purchase agreement with existing shareholders...

NORTH PEAK RESOURCES LTD. (formerly Interbit Ltd.) (the "Company") is pleased to announce that it has completed its previously announced "Change of Business" transaction ("COB Transaction"), with the result that the Company is now a Tier 2 mining...

Chesapeake Energy Corporation today announced that the Company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas ("the Court") to facilitate a comprehensive balance sheet restructuring....

Hornbeck Offshore Services, Inc. (the "Company") announced that the Company's Joint Prepackaged Chapter 11 Plan of Reorganization (the "Plan") was approved by Judge David R. Jones of the United States District Court for the Southern District of...

INTERBIT LTD.  (the "Company") is pleased to announce that the shareholders of the Company (the "Shareholders") approved all resolutions at the annual and special meeting (the "Meeting") of Shareholders held on June 24, 2020, including resolutions in...

Espero BioPharma, Inc. is focused on the development of drugs for the treatment of cardiorenal diseases.  The company, a private Delaware corporation, is the result of a 2017 business combination between Espero Pharmaceuticals, Inc. and Armetheon,...

Kaufman, Hall & Associates, LLC, a leading provider of enterprise performance management (EPM) software, data and management consulting solutions, today announced that its software division will separate from Kaufman Hall to create Syntellis...

CEC Entertainment, Inc. ("CEC" or the "Company"), a nationally recognized leader in family entertainment and dining, today announced that, in order to overcome the financial strain resulting from prolonged, COVID-19 related venue closures and...

Cathie Ransom, former owner of the wedding venue Paradise Falls in Oceanside, California, pivots her business efforts and fills a void in the wedding industry caused by the announcement from California Governor Gavin Newsom that no large events or...

Marimon Business Systems, a leading provider of office technology services and subsidiary to Flex Technology Group (FTG), announces its corporate name change to FTG Texas (FTG-TX) effective July 1, 2020. The company's key executives, employees, and...

Today, WestJet announced organizational changes that will see the company consolidate call centre activity in Alberta, contract out airport operations in all domestic airports outside of Vancouver, Calgary, Edmonton and Toronto, and strategically...

GoDaddy Inc. , the company that empowers everyday entrepreneurs, continues to grow in the face of global economic challenges resulting from the COVID-19 pandemic. The company has seen strong demand in its business, led by Domains and its Websites +...

GNC Holdings, Inc.  (the "Company"), a leading global health and wellness brand, today announced that the Company, certain of its North American entities, certain of its secured lenders, and key stakeholders have reached an agreement to pursue a...

WuXi NextCODE today announced plans to restructure its operations and governance in order to best position the company for future growth, ground-breaking offerings for customers, and new collaborations with industry partners. As part of these...

Varsity Brands, the market leader in sport, spirit and achievement, today announced that it has successfully completed transactions that, in aggregate, raised a total of approximately $185M in new capital to the Company.  Most notably, existing and...

Media buying firm Agency Y has unveiled a new name, logo, and website as part of an extensive rebranding initiative. The company is now known as Amasa (uh-mah-suh). The initiative coincides with the dissolution of Direct Focus Online's agreement...

Southern Company today combined the leadership of three of its businesses ? Southern Power, PowerSecure and Southern Holdings ? under one CEO to optimize the needs of large commercial, industrial and municipal customers across the country. The...

Alaris Royalty Corp. ("Alaris" or the "Corporation") is pleased to provide stakeholders with a corporate update outlining several positive developments with certain of its Partners (as defined below), with specific attention to PF Growth Partners,...

ICL Group Ltd , a leading global specialty minerals and specialty chemicals company, announced today it will consolidate sales and marketing infrastructures for crop nutrition inputs.  Following the consolidation, sales and marketing efforts of...

Due to the economic crisis resulting from the global Covid-19 pandemic, the global aviation industry has been deeply affected, a situation that will continue in the upcoming months. We continue operating, offering the best service to our customers...

Laser Tech, Inc. (LTI), designer and manufacturer of innovative laser-based speed, distance, and sensor measurement devices since 1985, announced today the first stage of its new corporate brand identity with a redesigned logo. The new logo was...

Yonder, a platform for nature tourism, today announces that it has incorporated as a PBC as a way to share its purpose with the world....

Cyprium Investment Partners ("Cyprium"), a non-control private equity firm, has completed a new preferred equity and subordinated debt investment in Chief Enterprises Holding LLC (Chief or the Company), with the proceeds used for growth and to...

Fiera Capital Corporation ("Fiera Capital" or the "Company"), a leading independent asset management firm, today announced a...

Pyxus International, Inc. ("Pyxus" or "the Company")...

Arrow Capital Management Inc. ("Arrow"), the manager of East Coast Investment Grade Income Fund (the "Fund") announced that at a special meeting of unitholders held today, the unitholders approved the previously announced proposal to restructure the...

The owners of Terra Holdings, along with Alan Kersner as COO, today announced Halstead is now part of Brown Harris Stevens residential brokerage. This strategic restructuring of Terra Holdings subsidiaries significantly expands the footprint and...