BRIEF-Bowflex Inc Says Co Files For Voluntary Chapter 11 Protection & Reaches Stalking Horse Agreement To Facilitate Sale

Reuters

2024/03/05

March 5 (Reuters) - BowFlex Inc :

* BOWFLEX INC. FILES FOR VOLUNTARY CHAPTER 11 PROTECTION AND REACHES STALKING HORSE AGREEMENT TO FACILITATE SALE

* BOWFLEX - SECURED COMMITMENT FOR $25 MILLION IN DIP FINANCING TO CONTINUE TO FULFILL CUSTOMER ORDERS AND SUPPORT ORDINARY COURSE OPERATIONS

* BOWFLEX : AGREEMENT WITH JOHNSON HEALTH TECH RETAIL TO SERVE AS STALKING HORSE BIDDER TO ACQUIRE SUBSTANTIALLY ALL OF ASSETS OF CO FOR $37,500,000

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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FILES FOR VOLUNTARY CHAPTER 11 PROTECTION AND REACHES STALKING HORSE AGREEMENT TO FACILITATE SALE</p><p>   * BOWFLEX - SECURED COMMITMENT FOR $25 MILLION IN DIP FINANCING TO CONTINUE TO FULFILL CUSTOMER ORDERS AND SUPPORT ORDINARY COURSE OPERATIONS</p><p>   * BOWFLEX : AGREEMENT WITH JOHNSON HEALTH TECH RETAIL TO SERVE AS STALKING HORSE BIDDER TO ACQUIRE SUBSTANTIALLY ALL OF ASSETS OF CO FOR $37,500,000</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4190","symbol_name":"消閒用品","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2417845888","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2417845888","pubTimestamp":1709617388,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"March 5  - BowFlex Inc   :   * BOWFLEX INC. 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