Shared office space provider WeWork announced on Monday a settlement with its junior creditors and a new cash infusion from its senior lenders, moving ahead with a bankruptcy deal that rejects a $650 million offer from co-founder and former owner Adam Neumann. During a hearing in Newark, New Jersey, U.S. Bankruptcy Judge John Sherwood signed off on the New York-based, SoftBank-backed company sending its restructuring plan to a creditor vote, putting it on track to exit bankruptcy by the end of May. The restructuring, now supported by all of WeWork's major creditors, would hand the company's equity to its senior lenders and cancel its $4 billion in debt.
(Bloomberg) -- WeWork Inc. and its major financial backers including SoftBank Group Corp. have struck a new restructuring deal to get the ailing workspace provider out of bankruptcy, spurning a competing financing proposal from co-founder Adam Neumann.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsUS Warns ICC Action on Israel Would Hurt Ce
商湯(00020)早前推出大模型「日日新5.0」後,股價連日爆升,《星島日報》引述集團董事長兼首席執行官徐立認為,公司股價遭嚴重低估,但已調整業務結構、聚焦AIGC(生成式人工智能),目標是明年或後年實現收支平衡。他又透露,公司會在合適時機,例如軟銀減持結束後考慮配股等做法,「但不是現在,現在股價太低。」 (BC)#商湯 #徐立