Casa Systems Initiates Court-Supervised Chapter 11 Sale Process for Businesses [Yahoo! Finance]
Casa Systems, Inc. (CASA)
Last casa systems, inc. earnings: 4/30 04:05 pm
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US:NASDAQ Investor Relations:
investors.casa-systems.com/investor-relations
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Source: Yahoo! Finance
ANDOVER, Mass., April 03, 2024 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA) (" Casa " or the “ Company "), a leading provider of physical and cloud-native infrastructure technology solutions for wireless, cable and fixed broadband networks, today initiated a court-supervised process that is intended to achieve value-maximizing sales of its businesses. To facilitate these sales, the Company filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The Company has entered into an asset purchase agreement to sell its 5G Mobile Core and RAN businesses, which include its Axyom Cloud Native 5G Core Software & RAN Assets, to Lumine Group, a global acquirer of communications and media software businesses (the “Cloud/RAN Sale”). The Company has asked the Bankruptcy Court for approval to complete the transaction by the end of April. The Company also entered into a stalking-horse asset purchase agreement
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CASA
News
- Vecima Announces Intent to Acquire the Assets of Casa Systems' Cable Business [Yahoo! Finance]Yahoo! Finance
- Lumine Group Enters into an Agreement to Acquire Casa Systems' Axyom Cloud Native 5G Core Software & RAN Assets [Yahoo! Finance]Yahoo! Finance
- Lumine Group Enters into an Agreement to Acquire Casa Systems' Axyom Cloud Native 5G Core Software & RAN Assets [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Lumine Group Enters into an Agreement to Acquire Casa Systems’ Axyom Cloud Native 5G Core Software & RAN AssetsGlobeNewswire
- Casa Systems Initiates Court-Supervised Chapter 11 Sale Process for BusinessesGlobeNewswire
CASA
Earnings
- 11/7/23 - Miss
CASA
Sec Filings
- 4/3/24 - Form 8-K
- 4/2/24 - Form 8-K
- 3/28/24 - Form 8-K
- CASA's page on the SEC website