debt
confidence high
sentiment negative
materiality 0.75
Troika Media Group, Inc.: Nasdaq/NYSE listing notice — Troika Media gets third Blue Torch waiver extension to Nov 3; missed Sept payment, $78.5M debt
Troika Media Group, Inc.
- Regained Nasdaq listing compliance after filing delinquent Q2 10-Q.
- Missed September 2023 principal and interest payment under financing agreement.
- Blue Torch extended Outside Date to November 3, 2023 via Third Amendment.
- Outstanding debt $78,495,828.15 as of September 29, 2023.
- If defaults not cured, lenders may exercise remedies under financing agreement.