BurgerFi receives cash to fund operations during bankruptcy [Seeking Alpha]
BurgerFi International Inc (BFI)
Company Research
Source: Seeking Alpha
The debtor-in-possession financing was provided by an affiliate of TREW Capital Management and is to be used to fund operating expenses and meet obligations while restructuring. The court also approved the use of the company's existing employee benefits, cash management systems, and customer programs. “We now have the liquidity for operations at BurgerFi and Anthony's to continue as usual," said Jeremy Rosenthal, Chief Restructuring Officer. As part of the financing agreement, BurgerFi ( BFI ) will propose a sale process with the support of its lenders. The “second day” hearing to seek final approval is scheduled for October 7. Shares are up 75%. Recommended For You More Trending News Recommended For You More Trending News About BFI Stock Related Stocks Trending Analysis Trending News
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BFI
News
- DJT stock falls another 10%. Could Trump Media's plunge finally spell the end for SPACs? [Yahoo! Finance]Yahoo! Finance
- BurgerFi and Anthony's Coal Fired Pizza closed restaurants: Full list and map of shuttered locations [Yahoo! Finance]Yahoo! Finance
- Anthony's Coal Fired Pizza in Cranberry to close as parent company delists from Nasdaq [Yahoo! Finance]Yahoo! Finance
- Here's where to get a free burger on National Cheeseburger Day [Yahoo! Finance]Yahoo! Finance
- Here's where to get a free burger on National Cheeseburger Day [Fortune]Fortune
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