pass Diversified LLC(CODI)
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Compass Diversified subsidiary Lugano files for Chapter 11 (CODI:NYSE)
Seeking Alpha· 2025-11-17 19:24
Group 1 - Compass Diversified (CODI) announced that its subsidiary Lugano Holding has filed for Chapter 11 bankruptcy under the U.S. bankruptcy code [5] - The filing occurs six months after CODI began working with its senior lender group and bondholders to ensure financial flexibility [5]
Compass Diversified Announces Update on Lugano Subsidiary
Globenewswire· 2025-11-17 03:56
Core Viewpoint - Compass Diversified's subsidiary, Lugano Holding, Inc., has filed for Chapter 11 bankruptcy protection to maximize value for its stakeholders [1][2]. Group 1: Bankruptcy Filing - The filing was made under the direction of an independent special committee of Lugano's Board of Directors [1]. - The Chapter 11 process is seen as the best path forward for Lugano's stakeholders [1][2]. Group 2: Impact on Compass Diversified - The bankruptcy filing does not involve Compass Diversified's other eight subsidiaries, which continue to generate strong cash flow [2]. - As the senior secured lender, Compass Diversified will provide debtor-in-possession financing to support Lugano during the bankruptcy process [2]. Group 3: Financial Reporting and Strategy - Compass Diversified is working with its senior lender group and bondholders to ensure flexibility while finalizing its financial restatement and necessary filings with the SEC [3]. - The bankruptcy filing allows for a defined process to resolve the Lugano matter, enabling Compass Diversified to focus on its long-term strategy [3].
Compass Diversified Announces Extension of Credit Agreement Forbearance
Globenewswire· 2025-11-03 21:10
Core Points - Compass Diversified (CODI) has received an extension from its senior secured lender group until November 10, 2025, to publish restated financial results for the fiscal years ended December 31, 2022, 2023, and 2024 [1] - The company is actively engaged in discussions with its senior lender group regarding a formal forbearance extension to allow more time for the restatement process [1] - CODI is making progress in investigating financial and accounting irregularities at its subsidiary, Lugano Holding Inc., which is the sole focus of the investigation and does not affect other subsidiaries [2] - The CEO of CODI, Elias Sabo, stated that the company is nearing the end of a complex restatement process related to fraud by Lugano's founder and former CEO, emphasizing a commitment to maximizing stakeholder value [3]
COMPASS INVESTIGATION REMINDER: Bragar Eagel & Squire, P.C. Reminds Long-term Stockholders of Compass Diversified to Inquire About Their Rights
Globenewswire· 2025-10-29 12:10
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Compass Diversified (NYSE:CODI) due to a class action lawsuit alleging breaches of fiduciary duties by the company's board of directors during a specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit claims that during the class period from May 1, 2024, to May 7, 2025, Compass's subsidiary, Lugano Holdings, Inc., had unrecorded financing arrangements and irregularities in its financial reporting [2]. - It is alleged that these irregularities rendered the overall financial statements of Compass unreliable and necessitated a restatement [2]. - The company reportedly failed to maintain adequate internal controls over its financial statements, leading to materially false and misleading public statements [2]. Group 2: Next Steps for Investors - Long-term stockholders of Compass are encouraged to contact Bragar Eagel & Squire for more information regarding the claims and their rights [3]. - The firm offers a no-cost consultation for those interested in discussing their legal options [3]. Group 3: About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with a focus on representing individual and institutional investors in complex litigation across various courts [4].
Filling in the Blanks Appoints Young Professionals to Support Its Mission to Fight Childhood Hunger
PRWEB· 2025-10-27 14:00
Core Insights - Filling in the Blanks has established a new Associate Board composed of young professionals from various sectors to enhance fundraising and community advocacy efforts aimed at providing weekend meals to children in need [2][3][4] Organization Overview - Founded in 2013 by Shawnee Knight and Tina Kramer, Filling in the Blanks aims to provide weekend meals to children eligible for free or reduced lunch programs [6] - The organization currently serves over 200 schools across Fairfield, Westchester, and Putnam Counties, having delivered over 4.6 million weekend meals to children from low-income households [6] Associate Board Details - The Associate Board consists of seven members, each serving a two-year term, and is led by Kara Bonitatibus, the Government Relations Specialist and Volunteer Coordinator [4] - Board members come from diverse backgrounds, including consumer products, financial, legal, nonprofit, and public sectors, contributing new perspectives to the organization [2][4] Mission and Impact - The organization is focused on increasing awareness and outreach to potential donors as the demand for meals continues to grow each year [3] - The introduction of the Fresh Food on the Move Mobile Pantry in 2023 marks a significant expansion of their services [6]
Compass Diversified Holdings: 2029 Senior Notes Are Attractive (CODI)
Seeking Alpha· 2025-10-21 16:21
Group 1 - The article does not provide any specific content related to a company or industry, as it appears to be a technical issue regarding browser settings and ad-blockers [1]
Bitfarms, Standard Lithium, Terawulf And Other Big Stocks Moving Lower In Friday's Pre-Market Session - Almonty Indus (NASDAQ:ALM), American Battery Tech (NASDAQ:ABAT)





Benzinga· 2025-10-17 13:05
Market Overview - U.S. stock futures are lower, with Dow futures dropping over 200 points on Friday [1] Company-Specific Movements - Bitfarms Ltd (NASDAQ:BITF) shares fell 9.5% to $4.78 in pre-market trading after announcing the pricing of upsized $500 million convertible senior notes [1] - American Battery Technology Co (NASDAQ:ABAT) shares tumbled 19.8% to $4.55 in pre-market trading, following a 37% decline on Thursday due to the termination of a Department of Energy grant [3] - HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares dipped 18.2% to $4.78 in pre-market trading after a 14% decline on Thursday [3] - Standard Lithium Ltd (NYSE:SLI) shares declined 17.3% to $4.45 in pre-market trading after pricing a $130 million underwritten public offering [3] - Almonty Industries Inc (NASDAQ:ALM) slipped 16.4% to $7.11 in pre-market trading after a 12% dip on Thursday [3] - Mesoblast Ltd (NASDAQ:MESO) declined 13.7% to $15.63 in pre-market trading [3] - Jumia Technologies AG – ADR (NYSE:JMIA) shares fell 13.2% to $10.31 in pre-market trading [3] - Terawulf Inc (NASDAQ:WULF) shares fell 13.1% to $12.05 after reporting the pricing of $3.2 billion of senior secured notes [3] - Diginex Ltd (NASDAQ:DGNX) shares slipped 13.1% to $14.45 after an 18% decline on Thursday [3] - Aeluma Inc (NASDAQ:ALMU) shares fell 12.1% to $16.46 in pre-market trading [3] - Compass Diversified Holdings (NYSE:CODI) declined 11.7% to $6.60 in pre-market trading after an 8% gain on Thursday [3] - Integra Resources Corp (NYSE:ITRG) fell 11.3% to $2.89 in pre-market trading [3] - Forward Industries Inc (NASDAQ:FORD) fell 10.8% to $22.00 in pre-market trading [3] - Bruker Corp (NASDAQ:BRKR) declined 10.3% to $34.25 in pre-market trading [3] - Inter & Co Inc (NASDAQ:INTR) fell 10% to $8.04 in pre-market trading [3] - Hut 8 Corp (NASDAQ:HUT) fell 8.5% to $44.59 in pre-market trading after a 10% dip on Thursday [3] - Bitdeer Technologies Group (NASDAQ:BTDR) fell 8.2% to $23.75 in pre-market trading [3] - CleanSpark Inc (NASDAQ:CLSK) fell 7.5% to $18.49 in pre-market trading [3] - Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) fell 5.3% to $83.96 in pre-market trading [3]
Bitfarms, Standard Lithium, Terawulf And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Benzinga· 2025-10-17 13:05
Market Overview - U.S. stock futures are lower, with Dow futures dropping over 200 points on Friday [1] Company-Specific Movements - Bitfarms Ltd (NASDAQ:BITF) shares fell 9.5% to $4.78 in pre-market trading after announcing the pricing of upsized $500 million convertible senior notes [1] - American Battery Technology Co (NASDAQ:ABAT) shares tumbled 19.8% to $4.55 in pre-market trading, following a 37% decline on Thursday due to the termination of a Department of Energy grant [3] - HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares dipped 18.2% to $4.78 in pre-market trading after a 14% decline on Thursday [3] - Standard Lithium Ltd (NYSE:SLI) shares declined 17.3% to $4.45 in pre-market trading after pricing a $130 million underwritten public offering [3] - Almonty Industries Inc (NASDAQ:ALM) slipped 16.4% to $7.11 in pre-market trading after a 12% dip on Thursday [3] - Mesoblast Ltd (NASDAQ:MESO) declined 13.7% to $15.63 in pre-market trading [3] - Jumia Technologies AG – ADR (NYSE:JMIA) shares fell 13.2% to $10.31 in pre-market trading [3] - Terawulf Inc (NASDAQ:WULF) shares fell 13.1% to $12.05 after reporting the pricing of $3.2 billion of senior secured notes [3] - Diginex Ltd (NASDAQ:DGNX) shares slipped 13.1% to $14.45 after an 18% decline on Thursday [3] - Aeluma Inc (NASDAQ:ALMU) shares fell 12.1% to $16.46 in pre-market trading [3] - Compass Diversified Holdings (NYSE:CODI) declined 11.7% to $6.60 in pre-market trading after an 8% gain on Thursday [3] - Integra Resources Corp (NYSE:ITRG) fell 11.3% to $2.89 in pre-market trading [3] - Forward Industries Inc (NASDAQ:FORD) fell 10.8% to $22.00 in pre-market trading [3] - Bruker Corp (NASDAQ:BRKR) declined 10.3% to $34.25 in pre-market trading [3] - Inter & Co Inc (NASDAQ:INTR) fell 10% to $8.04 in pre-market trading [3] - Hut 8 Corp (NASDAQ:HUT) fell 8.5% to $44.59 after a 10% dip on Thursday [3] - Bitdeer Technologies Group (NASDAQ:BTDR) fell 8.2% to $23.75 in pre-market trading [3] - CleanSpark Inc (NASDAQ:CLSK) fell 7.5% to $18.49 in pre-market trading [3] - Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) fell 5.3% to $83.96 in pre-market trading [3]
Compass Diversified: Rare Earths Bottleneck An Odd Catalyst As Financials Remain Elusive
Seeking Alpha· 2025-10-15 12:47
Company Overview - Compass Diversified (NYSE: CODI) presents an uncertain near-term investment profile as it has yet to file its fiscal 2025 first-quarter Form 10-Q with the SEC [1] Market Insights - The equity market serves as a powerful mechanism where daily price fluctuations can lead to significant wealth creation or destruction over the long term [1] - Pacifica Yield focuses on long-term wealth creation by targeting undervalued yet high-growth companies, high-dividend stocks, REITs, and green energy firms [1]
Morning Market Movers: PMAX, STI, GWH, ACON See Big Swings
RTTNews· 2025-10-13 12:09
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Powell Max Limited (PMAX) increased by 115% to $5.59 - Solidion Technology, Inc. (STI) rose by 102% to $11.14 - ESS Tech, Inc. (GWH) saw a 44% increase to $6.11 - Aclarion, Inc. (ACON) gained 27% reaching $10.98 - Mannatech, Incorporated (MTEX) was up 20% at $10.80 - USA Rare Earth, Inc. (USAR) increased by 19% to $38.80 - Critical Metals Corp. (CRML) rose by 18% to $17.73 - United States Antimony Corporation (UAMY) gained 13% to $13.86 - Compass Diversified (CODI) increased by 12% to $9.46 - Forward Industries, Inc. (FORD) was up 11% at $22.69 [3] Premarket Losers - Yunhong Green CTI Ltd. (YHGJ) decreased by 24% to $7.00 - Kentucky First Federal Bancorp (KFFB) fell by 22% to $2.85 - One and One Green Technologies, Inc. (YDDL) dropped 20% to $5.23 - Safe & Green Holdings Corp. (SGBX) declined by 15% to $5.25 - Lazydays Holdings, Inc. (GORV) was down 14% at $2.12 - Acurx Pharmaceuticals, Inc. (ACXP) decreased by 10% to $6.69 - Top KingWin Ltd (WAI) fell by 10% to $3.82 - Super League Enterprise, Inc. (SLE) dropped 10% to $3.75 - Chanson International Holding (CHSN) decreased by 10% to $2.28 - Alaunos Therapeutics, Inc. (TCRT) was down 5% at $3.28 [4]