Appgate To Get Interim OK To Tap $8M Of $18M DIP

By Emily Lever · May 8, 2024, 9:04 PM EDT

A Delaware bankruptcy judge Wednesday agreed to give interim approval for technology firm Appgate Inc. to tap $8 million of its debtor-in-possession financing to fund its way through its prepackaged bankruptcy....

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Bankruptcy Scorecard

Summary

Florida-based cybersecurity firm Appgate filed for Chapter 11 with plans to emerge from bankruptcy debt free by handing ownership to its creditors and going private roughly three years after its IPO.

Case Number

24-bk-10956

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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Documents

Case Information

Case Title

Appgate, Inc.

Case Number

1:24-bk-10956

Court

Delaware

Nature of Suit

Date Filed

May 06, 2024