Troika Media Group Inc TRKAQ

Communication Services

Troika Media Group, Inc. is a consumer engagement and customer acquisition consulting and solutions company. It is also a professional services company that architects and builds enterprise value in consumer-facing brands. It delivers three solutions pillars that create brands and experiences and connect consumers through emerging technology products and ecosystems to deliver performance-based measurable business outcomes. It delivers both managed services and performance-based marketing services to customers. It provides managed and professional services, such as, media planning, media buying, media ROI measurement, and media or marketing performance reporting. It provides its clients with the ability to pay for a marketing or sales event rather than incurring the media and service expenses on a managed service engagement. It has expertise in consumer sectors, including insurance, financial services, home improvement, residential services, legal, professional services and others.

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Troika Media Group Inc

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Post by Iseneschalon Dec 07, 2023 9:28am

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TRKA ....what a train wreck

Troika Media Group Inc. Announces Strategic Chapter 11 Filing and Sale to Blue Torch

2023-12-07 00:00 ET - News Release

NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Troika Media Group, Inc. (Nasdaq: TRKA) ("Troika" or the "Company"), a consumer engagement and customer acquisition group, has announced that it has entered into a restructuring support agreement with certain funds managed by Blue Torch Finance LLC ("Blue Torch"), the Company's senior secured lenders, pursuant to which Blue Torch would acquire substantially all of the assets of the Company via a stalking horse credit bid.

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