BurgerFi在破产期间获得现金为运营提供资金

• Shares of BurgerFi (NASDAQ:BFI) skyrocketed on Tuesday and were launched more than 2x from Monday’s close after a court allowed the company immediate access to $3.5M in financing to continue operations.
• The debtor-in-possession financing was provided by an affiliate of TREW Capital Management and is to be used to fund operating expenses and meet obligations while restructuring. The court also approved the use of the company’s existing employee benefits, cash management systems, and customer programs.
• “We now have the liquidity for operations at BurgerFi and Anthony's to continue as usual," said Jeremy Rosenthal, Chief Restructuring Officer.
• As part of the financing agreement, BurgerFi (BFI) will propose a sale process with the support of its lenders. The “second day” hearing to seek final approval is scheduled for October 7.
• BurgerFi (BFI) filed for Chapter 11 bankruptcy protection on September 11.
• Shares are up 75%. 
• Press Release

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