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Wolfspeed planned to file for Chapter 11 bankruptcy as it moved to restructure its debt ... Wolfspeed shares have plunged on its debt woes and concerns it might not get an expected $1.75 billion in ...
Wolfspeed plummeted to under $1,00 stock price upon announcement of its bankruptcy filing, but a $2 billion reorganization ...
Key Points Wolfspeed has experienced a surge in trading activity after filing for bankruptcy protection.The company has a new ...
The company called the move the "next step to implement its previously announced Restructuring Support Agreement ("RSA") with key lenders." Wolfspeed has said the RSA would slash its overall debt by ...
Shares of Wolfspeed Inc. (NYSE: WOLF) are trading higher on Wednesay on a wave of investor interest that began in late June.
Wolfspeed shares dropped below $1 last week after The Wall Street Journal and Bloomberg reported on the imminent prepackaged bankruptcy proposal. The New York Stock Exchange requires that member ...
Wolfspeed's stock plummeted nearly 19% after a meteoric 500% post-bankruptcy rally. Wolfspeed expects to reduce its debt by 70% and interest payments by 60%, providing some relief as it reorganizes.
Wolfspeed plans to file for bankruptcy in the United States under a restructuring agreement with creditors, which would provide it with fresh financing and slash debt by nearly 70%, the struggling ...
Wolfspeed said on Monday it has filed for Chapter 11 bankruptcy protection, as the chipmaker grapples with huge debt amid slowing demand from electric vehicle and industrial markets.
Durham chipmaker Wolfspeed announced it will reorganize to consolidate debt under Chapter 11 bankruptcy. According to a statement from Wolfspeed, it reached a restructuring support agreement with ...
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