GREY:ARGEF - Post by User
Post by
Napoleon001on Jul 21, 2019 7:52pm
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Post# 29944613
DIP Financing...
DIP Financing... Debtor-in-possession financing or DIP financing is a special form of financing provided for companies in financial distress, typically during restructuring under corporate bankruptcy law...so it appears that someone has loaned the company $1.5M to keep the company afloat for at least a few more months.