#liquidity-crisis

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Pets
fromSFGATE
1 month ago

San Francisco tech company, once worth $650 million, files for bankruptcy

Wag files for Chapter 11 bankruptcy to restructure its failing business and eliminate debt, maintaining its pet services operations.
European startups
fromSustainable Bus
4 months ago

Ebusco is still on the brink of insolvency due to "overdue payables exceeding its available liquidity" - Sustainable Bus

Ebusco faces severe financial distress due to overdue payables and poor revenue performance, risking insolvency without quick liquidity solutions.
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