- FAT Brands' stock approaches the February 4 suspension of Nasdaq trading, directly resulting from the company's voluntary Chapter 11 bankruptcy filing on January 26, 2026. The delisting notice, issued by Nasdaq on January 28, cites non-compliance due to the bankruptcy and prior failure to maintain a $1 share price for 30 consecutive days. This has heightened investor concerns over liquidity and shareholder value in the restructuring process, which aims to address over $1.3 billion in debt through asset sales and negotiations. Recent volatility, including a prior surge on speculative trading, reversed as the delisting date nears, with no new positive developments reported to counter the negative implications.
Monday, February 2, 2026
Fat Brands (FAT) : suspension of Nasdaq trading
Wednesday, January 21, 2026
TrueCar (NASDAQ: TRUE) has been acquired by Fair Holdings for approx. $227 million
TrueCar (NASDAQ: TRUE) acquired by founder-led strategic and financial investor group in all-cash go-private transaction in an all-cash deal valued at approximately $227 million, which closed in Jan 2026. Shareholders received $2.55 per share, a move led by founder Scott Painter, following a period of declining performance and a 60% drop in stock value prior to the announcement.
ticker: TRUE
Key details regarding TrueCar's shift:
- Going Private: The deal, announced in October 2025 and finalized in January 2026, marks the end of TrueCar's time as a publicly traded company.
- Founder Return: Scott Painter, founder of TrueCar, returned as CEO to lead the company.
- Performance Challenges: Before the acquisition, TrueCar faced significant pressure, with shares tumbling following quarterly losses, such as a 14% drop in August 2024 after a reported $13.5 million net loss.
- Restructuring: To combat poor performance, the company had implemented restructuring plans, including reducing staff and changing leadership, prior to the buyout.
- Shareholder Support: Major investors like AutoNation supported the takeover.
Saturday, January 10, 2026
Largest private companies in the U.S.
- Anthropic is backed by Alphabet's Google and Amazon.com.
- Founded in 2021 by former OpenAI staff, Anthropic's Claude models have built a reputation among developers, particularly for coding tasks.
Labels:
Anthropic,
Databricks,
largest private companies,
OpenAI,
ramp,
ripple,
scale,
SpaceX,
Stripe
Subscribe to:
Comments (Atom)



