This market will resolve to "Yes" if the listed company announces that it will file for bankruptcy or has filed for bankruptcy of any variety by December 31, 2026, 11:59 PM ET.
An announcement will suffice for a "Yes" resolution, regardless of whether or not the actual filing occurs.
The announcement must be made through any of their official or verified channels, including a recorded or written statement by their CEO, legal representation, or any other individual or team that officially represents the company.
A definitive consensus of credible reporting may also be used.
Comments (22)
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Ravager76d
The bankruptcy math for Beyond Meat doesn't work for a 2026 filing for a number of reasons:
- $205.8M cash as of March 28, plus a $100M facility.
- Q1 cash burn was only $11.8M (even at the worse 2025 rate of ~$36M/quarter, they end 2026 with $90M+).
- The $1.1B 2027 convert wall is GONE as it was exchanged in Oct 2025 for 2030 notes, and interest can be paid in kind (no cash coupon pressure).
- No debt maturities until 2030.
- Noteholders converted another $62.6M into equity after Q1, i.e. creditors are choosing stock over their senior claim. You don't do that if you expect a filing in months.
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sE3p0229d
Please add Take-Two Interactive to the list.
Catherina259d
Everyone is talking about NVIDIA's trillions, but look at the cash burn on the actual AI labs