Procaps Issues Shareholder Letter Update [Yahoo! Finance]
Procaps Group, S.A. (PROC)
Company Research
Source: Yahoo! Finance
“Dear Shareholders, We are pleased to update you on several significant developments as we continue to move forward with our strategic plan and financial restructuring efforts. Forbearance Agreements We have successfully signed consolidated forbearance agreements covering approximately an aggregate of $209 million in debt. These agreements are a crucial step in providing the Company with the flexibility needed to continue supporting our core business operations while we work toward a comprehensive debt restructuring solution. The forbearance agreements temporarily pause payments and prevent lenders from enforcing remedies, giving us the ability to focus on our long-term strategy. Shareholder Investment We have received a $5 million investment from the Company's controlling shareholders via a subordinated promissory note, which will provide temporary support for our immediate working capital needs. However, we recognize that this is a short-term measure, and the Company's ca
Show less
Read more
Impact Snapshot
Event Time:
PROC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PROC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PROC alerts
High impacting Procaps Group, S.A. news events
Weekly update
A roundup of the hottest topics
PROC
News
- Procaps Issues Shareholder Letter Update [Yahoo! Finance]Yahoo! Finance
- Procaps Issues Shareholder Letter UpdateGlobeNewswire
- With 60% ownership, Procaps Group S.A. (NASDAQ:PROC) insiders have a lot riding on the company's future [Yahoo! Finance]Yahoo! Finance
- Procaps Issues Shareholder Letter UpdateGlobeNewswire
- Procaps Issues Shareholder Letter [Yahoo! Finance]Yahoo! Finance
PROC
Sec Filings
- 10/29/24 - Form SC
- 10/28/24 - Form SC
- 10/10/24 - Form SC
- PROC's page on the SEC website