Monthly Archives: January 2018

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EXCO Resources Files Chapter 11

DALLAS–(BUSINESS WIRE)–EXCO Resources, Inc. (NYSE: XCO.BC) (OTC Pink: XCOO) (“EXCO” or the “Company”) today announced that in order to facilitate a restructuring of its balance sheet, the Company and certain of its subsidiaries have filed voluntary petitions for a court-supervised reorganization under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court…

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Workhorse Group to Spin Off SureFly

Workhorse to Receive Approximately $5 Million in Proceeds Through Note Purchase Agreement · New Company SureFly, Inc. Commands $33 Million Pre-Money Valuation · Spin Off Ensures Focus and Increases Financial Outlook for Workhorse’s Core Business and Creates Additional Long-Term Opportunities for SureFly CINCINNATI, December 27, 2017 – Workhorse Group Inc. (NASDAQ: WKHS), an American technology…