A123 Systems (AONE) Gets Interim Court Approval to Use $50M DIP Financing
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
A123 Systems (AONE) Rips Higher on $50M DIP Court Approval
November 6, 2012 9:02 AM ESTA123 Systems, Inc. (Nasdaq; AONE) shares are ripping higher in early trade after receiving court approval to put $50 million of debtor-in-possession (DIP) financing to work. Wanxiang Group Corp provided the DIP financing, which A123 noted doesn't give it any further leverage or control over the company.
Chatter of... More
A123 Systems (AONE) Obtains $50M Bankruptcy Loan from Wanxiang
November 5, 2012 3:21 PM ESTA123 Systems, Inc. (NASDAQ: AONE) received approval for a $50 million bankruptcy loan from Wanxiang Group, according to Blooomberg.... More
