Mondee Says Co Initiates Chapter 11 Proceedings

Reuters

2025/01/15

Jan 14 (Reuters) - Mondee Holdings Inc ::
*MONDEE TAKES STRATEGIC ACTION TO POSITION THE COMPANY FOR LONG-TERM GROWTH
*MONDEE HOLDINGS INC - ENTERS RESTRUCTURING SUPPORT AGREEMENT
*MONDEE HOLDINGS INC - TO SELL SUBSTANTIALLY ALL ASSETS TO NEW ENTITY
*MONDEE HOLDINGS INC - SALE TO NEW ENTITY OWNED BY TCW ASSET MANAGEMENT AND WINGSPIRE CAPITAL
*MONDEE HOLDINGS INC - PRASAD GUNDUMOGULA TO HAVE 75% EQUITY STAKE AND SERVE AS CEO
*MONDEE HOLDINGS INC - INITIATES CHAPTER 11 PROCEEDINGS
*MONDEE HOLDINGS INC - SECURED LENDERS PROVIDE ADDITIONAL $27.5 MILLION FINANCING
*MONDEE HOLDINGS INC - SEEKS TO EMERGE FROM CHAPTER 11 IN Q2 2025

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 15-JAN-202503:25:59.04 GMT

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email: reutersinvestor.briefs@thomsonreuters.com))<br/>  Source Date/Time = 15-JAN-202503:25:59.04 GMT</mond.pk></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MOND","symbol_name":"Mondee Holdings, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250115:nRSD1Sz77B:1","article_id":"2503528936","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503528936","pubTimestamp":1736912995,"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":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Jan 14 (Reuters) - Mondee Holdings Inc ::*MONDEE TAKES STRATEGIC ACTION TO POSITION THE COMPANY FOR LONG-TERM GROWTH*MONDEE HOLDINGS INC - ENTERS RESTRUCTURING SUPPORT AGREEMENT*MONDEE HOLDINGS INC - ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MOND":"Mondee Holdings, Inc.","BK4142":"酒店、度假村与豪华游轮"},"translate_title":"Mondee表示公司启动第11章诉讼","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MOND":0.9},"content_text":"Jan 14 (Reuters) - Mondee Holdings Inc ::*MONDEE TAKES STRATEGIC ACTION TO POSITION THE COMPANY FOR LONG-TERM GROWTH*MONDEE HOLDINGS INC - ENTERS RESTRUCTURING SUPPORT AGREEMENT*MONDEE HOLDINGS INC - TO SELL SUBSTANTIALLY ALL ASSETS TO NEW ENTITY*MONDEE HOLDINGS INC - SALE TO NEW ENTITY OWNED BY TCW ASSET MANAGEMENT AND WINGSPIRE CAPITAL*MONDEE HOLDINGS INC - PRASAD GUNDUMOGULA TO HAVE 75% EQUITY STAKE AND SERVE AS CEO*MONDEE HOLDINGS INC - INITIATES CHAPTER 11 PROCEEDINGS*MONDEE HOLDINGS INC - SECURED LENDERS PROVIDE ADDITIONAL $27.5 MILLION FINANCING*MONDEE HOLDINGS INC - SEEKS TO EMERGE FROM CHAPTER 11 IN Q2 2025  ((Reuters Investor Briefs; 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