BurgerFi International Receives Approval of First Day Motions to Support Business Operations [Yahoo! Finance]
BurgerFi International Inc (BFI)
Company Research
Source: Yahoo! Finance
FORT LAUDERDALE, Fla. Sept. 16, 2024 The Court granted interim approval for the Company to immediately access $3.5 million of the debtor-in-possession (DIP) financing provided by an affiliate of TREW Capital Management. The Court also approved the use of the Company's existing employee benefits, cash management systems, and customer programs. With the DIP financing approved by the Court, the Company has the liquidity to stabilize its operations and work with its vendors and landlords to meet the high standards for the BurgerFi and Anthony's brands. "The Company has worked very hard to ensure that the transition into Chapter 11 would have no impact on our valued employees, customers and franchise partners," said Carl Bachmann , Chief Executive Officer of BurgerFi International, Inc. "We are very pleased that we received approval of our key motions to support our continued operations including employee wages and benefits, cash management and customer programs." As part of the fin
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- Here's where to get a free burger on National Cheeseburger Day [Yahoo! Finance]Yahoo! Finance
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BFI
Sec Filings
- 9/17/24 - Form 8-K
- 9/5/24 - Form 3
- 8/30/24 - Form 8-K
- BFI's page on the SEC website