Workflow
Bright Green (BGXX)
icon
Search documents
Is Media And Entertainment A Growth Sector? These 3 Legacy Giants Are Flashing Bright Green
Benzinga· 2025-08-19 13:01
Core Insights - Legacy media and entertainment companies have experienced a significant increase in their "Growth" scores, indicating a potential sector turnaround [1][3]. Group 1: Company Performance - News Corp. saw its growth score rise by 71.07 points, from 27.15 to 98.22, driven by its Dow Jones subsidiary and a shift away from low-growth assets [4]. - Fox Corp. experienced a 61.12 point increase in its Edge score, reaching 94.61, attributed to strong fourth quarter performance and a 17% year-over-year revenue growth [6]. - Formula One Group's Growth score surged by 47.71 points to 99.49, primarily due to a 41% year-over-year revenue increase and a 126% rise in earnings [8]. Group 2: Strategic Developments - News Corp. refocused on core assets, enhancing its growth potential [4]. - Fox Corp. is launching a new direct-to-consumer service, Fox One, which is expected to drive recurring revenue [7]. - Formula One Group expanded its portfolio by acquiring MotoGP, adding a significant franchise to its operations [9].
Bright Green Corporation Announces the next steps for the completion of its restructuring plan
Globenewswire· 2025-03-21 13:15
Core Insights - Bright Green Corporation is seeking court approval for a Restructuring Security Agreement to provide new equity for the company, ensuring full payment to creditors while allowing existing equity shareholders to retain their interests without dilution [1] Group 1: Company Strategy and Leadership - Lynn Stockwell, the new CEO and Chairman, is managing other NASDAQ listed corporations and plans to raise over $2 billion for acquisitions in the pharmaceutical sector [2] - The company aims to establish a reliable U.S. domiciled supply chain for plant-based legal controlled substances, focusing on end-to-end prescription drug manufacturing and home delivery [3] Group 2: Market Opportunity - The total addressable market for drugs purchased in the U.S. exceeds $100 billion, presenting a significant opportunity for Bright Green [4] - The company plans to invest $3.5 billion in building DEA and FDA compliant facilities, which will create thousands of jobs in rural areas [5] Group 3: Revenue Generation - Planned revenue streams include supply contracts for controlled substances and the EB-5 investment program, which could generate significant capital from foreign applicants seeking U.S. residency [6]
Bright Green Corporation Announces the completion of its restructuring plan, withdraws from the Cannabis business and sets course on the production of all DEA Scheduled Controlled Substances
Globenewswire· 2025-02-24 14:15
FORT LAUDERDALE, FLORIDA, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Bright Green Corporation (OTC: BGXX) (“Bright Green” or the “Company”) announced that on February 24, 2025, on behalf of the Company, Lynn Stockwell has asked the court to approve the “RSA” Restructuring Security Agreement. The highlights of the RSA will provide new equity for the company to pay all creditors with approved claims in full, in addition the Company equity shareholders will retain their interests in the Company and are unimpaired with ...
Bright Green Corporation Has Signed Agreement with Majority Shareholder as Plan Sponsor on Prepackaged Plan to Restructure the Company.
Globenewswire· 2025-01-28 01:17
The Company plans to emerge with federal loan guarantees for its 60 new mega farm owner/operators, that collectively will invest $3.5 billion to supply and strengthen the Drugs Made in America supply Chain. FORT LAUDERDALE, FLORIDA, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Bright Green Corporation (OTC: BGXX) (“Bright Green” or the “Company”) announced that on January 21, 2025, it has entered into a Restructuring Support Agreement (the “RSA”) with Lynn Stockwell, a major shareholder of the Company (the “Plan Spons ...
LYNN STOCKWELL ENTERS INTO A RESTRUCTURING SECURITY AGREEMENT (“RSA”) WITH BRIGHT GREEN CORPORATION AND ASSUMES THE ROLE OF EXECUTIVE CHAIR AND CEO.
Globenewswire· 2024-12-27 14:30
GRANTS, NEW MEXICO, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Bright Green Corporation (OTC: BGXX) (“Bright Green” or the “Company”) announced today that Lynn Stockwell has agreed to terms for a restructuring security agreement (“RSA”) with Bright Green that is expected to be executed soon.Lynn Stockwell, the founder of Bright Green Corporation, Drugs Made in America Acquisition Corp I, and Drugs Made in America Acquisition Corp II seeks to align her vision to on-shore the end-to-end active pharmaceutical ingredien ...
Bright Green (BGXX) - 2024 Q3 - Quarterly Report
2024-11-19 22:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 001-41395 | --- | --- | |---------------------------------------------------------------------------------------------- ...
Bright Green Corporation Provides an Update, Reinforces Commitment to Shareholders, and Focuses on Growth and Strategic Partnerships
GlobeNewswire News Room· 2024-09-19 17:56
GRANTS, NEW MEXICO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Bright Green Corporation (Nasdaq: BGXX) ("Bright Green" or the "Company"), today announced that trading of its shares have been suspended from the Nasdaq Stock Exchange ("Nasdaq") after Nasdaq cancelled the scheduled September 26, 2024 delist appeal hearing. While this development represents a change in the Company's public trading status, Bright Green remains committed to pursuing its strategic goals and delivering value to its shareholders. The Compan ...
Bright Green (BGXX) - 2024 Q2 - Quarterly Report
2024-08-19 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number: 001-41395 | --- | --- | |----------------------------------------------------------------------------------------------------- ...
BRIGHT GREEN ANNOUNCES IT HAS OBTAINED A $3.5 MILLION FUNDING COMMITMENT UNDER AN EXISTING LINE OF CREDIT AND HAS ENGAGED AN INVESTMENT BANK TO SEEK A $15.0 MILLION DEBT FINANCING TO MOVE FORWARD WITH COMMERCIALIZATION.
GlobeNewswire News Room· 2024-08-08 20:51
GRANTS, NEW MEXICO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Bright Green Corporation (Nasdaq: BGXX) ("Bright Green" or the "Company") today announced that the Company has engaged an investment bank with vast experience to formally explore a $15.0 million debt financing to drive commercialization efforts forward on the first 20 acres of its recently U.S. Drug Enforcement Agency ("DEA") reinspected facility. In the interim, Bright Green has secured a $3.5 million capital commitment under its existing line of credit ...
CEO UPDATE
Newsfilter· 2024-05-30 14:06
GRANTS, NEW MEXICO, May 30, 2024 (GLOBE NEWSWIRE) -- Bright Green Corporation (Nasdaq: BGXX) Dear BGXX Shareholders, I'm writing to you today to share an update on several developments for Bright Green Corporation ("Bright Green" or the "Company") over the past few months. We've experienced massive shifts within the industry since the start of 2024 — shifts that have presented exciting growth opportunities for Bright Green. I'll begin with an update on the state of our groundbreaking EB-5 investment program ...