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Haley Cafarella

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Distressed Steak ‘N Shake Narrowly Avoids Bankruptcy

Like many other restaurants, Steak 'n Shake became a distressed dining facility due to COVID-19. But similar to the brands that have...
Brex

Brex Files Application for Industrial Bank Charter with FDIC

Fintech Brex announced in a statement on Feb. 19 that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC)...

New High Yield Bond Ratings February 15 – February 19, 2021

At least 25 companies received a revision on high yield bond ratings during the week of February 15 - February 19, 2021....

Varo Bank raises $63 million from NBA player Russell Westbrook

Varo Bank raised $63 million from NBA all star player Russell Westbrook’s organization, Russell Westbrook Enterprises. Westbrook will join Varo Bank as...

SPAC Aurora Acquisition Corp. Goes Public Looking at European, Middle Eastern, and African Technology...

Aurora Acquisition Corp. has filed paperwork with the SEC announcing its IPO. Moreover, this deal registers 23 million units to publicly trade...

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Stephan Feldgoise and Mark Sorrell to head Goldman Sachs M&A Unit

Goldman Sachs Group, Inc. has appointed Stephan Feldgoise and Mark Sorrell as the new co-heads of the company's global Mergers and Acquisitions...

New High Yield Bond Ratings September 28- October 2, 2020

At least 24 companies received downgrades or revisions on high yield bond ratings during the week of September 28 – October 2,...

Springbig Announces $11.5 Million in Series B Funding

Leading provider in cannabis Customer Relationship Management (CRM), Springbig, announced the completion of a $11.5 million series B funding round. Founded in...

The Tech-Based IPO ‘Boom.’

Earlier this week, data warehousing company, Snowflake created major buzz. The company priced its IPO at $120, well above the expected range...

New Chapter 11 Filings, Disclosures: June 29 – July 3, 2020

At least nine new companies have either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the week of June...