3 news items
Reported Earlier, Airspan To Receive Up To $95M In New Equity Financing And Eliminate All Existing Funded Debt
MIMOQ
1 Apr 24
Prepackaged Recapitalization on an Expedited Basis with Full Support of all Major Creditors
Secures Commitment for Over $53 Million of DIP Financing to Support Operations
Airspan Receives Up To $95M Equity Financing, Eliminates All Debt, And Becomes Private Under Fortress Majority Ownership; Files Chapter 11 To Expedite Restructuring
MIMOQ
31 Mar 24
creditors. Airspan will operate its business without disruption through this process, safeguarding its commitment to employees, customers, and suppliers
Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt
MIMOQ
31 Mar 24
Secures Commitment for Over $53 Million of DIP Financing to Support Operations
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