iMedia Brands, Inc.

0.1100

0.0000

Volume:- -

Turnover:3.14M

Market Cap:3.18M

PE:-0.04

High:0.1100

Open:0.1100

Low:0.1100

Close:0.1100

52wk High:1.81

52wk Low:0.1050

Shares:28.92M

Float Shares:24.84M

Volume Ratio:- -

T/O Rate:- -

Dividend:- -

Dividend Rate:- -

EPS(TTM):-2.6300

EPS(LYR):-2.6112

ROE:-163.09%

ROA:-5.47%

PB:0.19

PE(LYR):-0.04

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News

BRIEF-Imedia Brands Enters Into An Asset And Equity Purchase Agreement With Rnn National Media Group

Reuters

·

Jul 08, 2023

IMedia Brands Sells Substantially All Assets to RNN National Media Group

Dow Jones

·

Jul 08, 2023

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Brands Enters Into An Asset And Equity Purchase Agreement With Rnn National Media Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2349999419","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2349999419?lang=en_us&edition=fundamental","pubTime":"2023-07-08 05:34","pubTimestamp":1688765671,"startTime":"0","endTime":"0","summary":"July 7  - iMedia Brands Inc   :   * IMEDIA BRANDS ENTERS INTO AN ASSET AND EQUITY PURCHASE AGREEMENT WITH RNN NATIONAL MEDIA GROUP   * IMEDIA BRANDS INC - COMPANY'S OPERATIONS WILL CONTINUE UNINTERRUPTED   * IMEDIA BRANDS INC - TRANSACTION TO BE CONSUMMATED THROUGH COURT-SUPERVISED PROCESS   * IMEDIA BRANDS INC - ENTERED INTO AN ASSET AND EQUITY PURCHASE AGREEMENT TO SELL SUBSTANTIALLY ALL OF COMPANY'S ASSETS   * IMEDIA BRANDS INC - INTENDS TO EFFECTUATE TRANSACTION WITH RNN THROUGH ITS ONGOING CHAPTER 11 CASES IN U.S. BANKRUPTCY COURT FOR DISTRICT OF DELAWARE   * IMEDIA BRANDS - BANKRUPTCY COURT APPROVED $15 MILLION IN NEW DEBTOR-IN-POSSESSION FINANCING FROM CERTAIN OF COMPANY'S EXISTING SECURED LENDERS AND RNN   * IMEDIA BRANDS - NEW FINANCING WITH CASH GENERATED FROM ONGOING OPERATIONS,WILL PROVIDE SUFFICIENT LIQUIDITY TO SUPPORT OPERATIONS DURING SALE PROCESS   * IMEDIA BRANDS - RECEIVED BANKRUPTCY COURT'S APPROVAL OF A NUMBER OF CUSTOMARY MOTIONS TO CONTINUE SUPPORTING ITS OPERATI","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","BK4215","BK4220","NHLD","IMBIQ","IMBI","BK4588","BK4122","EQR"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2349995086","title":"IMedia Brands Sells Substantially All Assets to RNN National Media Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2349995086","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2349995086?lang=en_us&edition=fundamental","pubTime":"2023-07-08 04:30","pubTimestamp":1688761800,"startTime":"0","endTime":"0","summary":"IMedia Brands on Friday said it reached a deal to sell substantially all of its assets to an affiliate of RNN National Media Group.The asset and equity purchase deal will see RNN's affiliate acquire assets including ShopHQ Networks, J.W. Hulme, and Christopher & Banks for about $50 million, plus the assumption of certain liabilities, contracts and ongoing expenses. Operations will continue uninterrupted, iMedia said.IMedia said the deal will be consummated through its chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware. The court, in connection with the planned deal, approved $15 million in new debtor-in-possession financing from some of iMedia's existing secured lenders and RNN, the company said.IMedia filed for chapter 11 bankruptcy last month.The news boosted iMedia's stock in the after-hours market. At 4:22 p.m. ET, shares were trading nearly 40% higher at 15 cents. The stock closed the day's regular session with a 19% loss.The deal is expected to close in Au","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4122","IMBI","BK4220","IMBIQ","NHLD"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":4,"totalPage":10,"pageCount":1,"totalSize":40,"code":"91000000","status":"200"}],"@#url:\"https://hq.skytigris.cn/market/plate/belongs/IMBI\",params:#limit:6,delay:false,,,undefined,":[]}}