Xcel Brands Shares Decline After Stake Sale, Equity Transfers

Dow Jones

2025/04/25

By Connor Hart

Shares of Xcel Brands fell after the company disclosed a series of financial maneuvers, including equity transfers and amendments to its loan and security agreements.

The stock sank 10%, to $2.69, in midday trading Friday. Shares have lost about half their value so far this year.

The media and consumer-products company after the bell Thursday said it transferred to IM2 12.5% of its equity interests of IM Topco, reducing its stake in the company to 17.5% from 30%.

Xcel additionally said it entered into the Second Amendment to its Loan and Security Agreement. In connection with the amendment, Xcel issued warrants to purchase 1.1 million shares of common stock to UTG Capital and 30,000 shares to Restore Capital. The terms also included amendments to existing warrants, according to a filing with the Securities and Exchange Commission.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

April 25, 2025 11:59 ET (15:59 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求，你需要登录查看该内容

登录 / 注册

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2530151368"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2530151368\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2530151368?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-25 23:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2530151368","market":"fut","top_or_hot":-1,"title":"Xcel Brands Shares Decline After Stake Sale, Equity Transfers","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Xcel Brands fell after the company disclosed a series of financial maneuvers, including equity transfers and amendments to its loan and security agreements. \n</p>\n<p>\n  The stock sank 10%, to $2.69, in midday trading Friday. Shares have lost about half their value so far this year. \n</p>\n<p>\n  The media and consumer-products company after the bell Thursday said it transferred to IM2 12.5% of its equity interests of IM Topco, reducing its stake in the company to 17.5% from 30%. \n</p>\n<p>\n  Xcel additionally said it entered into the Second Amendment to its Loan and Security Agreement. In connection with the amendment, Xcel issued warrants to purchase 1.1 million shares of common stock to UTG Capital and 30,000 shares to Restore Capital. The terms also included amendments to existing warrants, according to a filing with the Securities and Exchange Commission. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 25, 2025 11:59 ET (15:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xcel Brands Shares Decline After Stake Sale, Equity Transfers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXcel Brands Shares Decline After Stake Sale, Equity Transfers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-25 23:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Xcel Brands fell after the company disclosed a series of financial maneuvers, including equity transfers and amendments to its loan and security agreements. \n</p>\n<p>\n  The stock sank 10%, to $2.69, in midday trading Friday. Shares have lost about half their value so far this year. \n</p>\n<p>\n  The media and consumer-products company after the bell Thursday said it transferred to IM2 12.5% of its equity interests of IM Topco, reducing its stake in the company to 17.5% from 30%. \n</p>\n<p>\n  Xcel additionally said it entered into the Second Amendment to its Loan and Security Agreement. In connection with the amendment, Xcel issued warrants to purchase 1.1 million shares of common stock to UTG Capital and 30,000 shares to Restore Capital. The terms also included amendments to existing warrants, according to a filing with the Securities and Exchange Commission. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 25, 2025 11:59 ET (15:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4215","symbol_name":"住宅房地产投资信托","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2530151368","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2530151368","pubTimestamp":1745596740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Xcel Brands fell after the company disclosed a series of financial maneuvers, including equity transfers and amendments to its loan and security agreements.The stock sank 10%, to $2.69, in midday trading Friday. Shares have lost about half their value so far this year.The media and consumer-products company after the bell Thursday said it transferred to IM2 12.5% of its equity interests of IM Topco, reducing its stake in the company to 17.5% from 30%.Xcel additionally said it entered into the Second Amendment to its Loan and Security Agreement. In connection with the amendment, Xcel issued warrants to purchase 1.1 million shares of common stock to UTG Capital and 30,000 shares to Restore Capital. The terms also included amendments to existing warrants, according to a filing with the Securities and Exchange Commission.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4215":"住宅房地产投资信托","EQR":"资产住宅公司","BK4094":"服装零售","BK4588":"碎股","BK4585":"ETF&股票定投概念","XELB":"Xcel Brands, Inc"},"translate_title":"Xcel Brands股价在股权出售和股权转让后下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XELB":1,"EQR":1},"content_text":"By Connor Hart \n\n\n \n\n\n  Shares of Xcel Brands fell after the company disclosed a series of financial maneuvers, including equity transfers and amendments to its loan and security agreements. \n\n\n  The stock sank 10%, to $2.69, in midday trading Friday. Shares have lost about half their value so far this year. \n\n\n  The media and consumer-products company after the bell Thursday said it transferred to IM2 12.5% of its equity interests of IM Topco, reducing its stake in the company to 17.5% from 30%. \n\n\n  Xcel additionally said it entered into the Second Amendment to its Loan and Security Agreement. In connection with the amendment, Xcel issued warrants to purchase 1.1 million shares of common stock to UTG Capital and 30,000 shares to Restore Capital. The terms also included amendments to existing warrants, according to a filing with the Securities and Exchange Commission. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 25, 2025 11:59 ET (15:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}