Reynolds Holding

MAY 10, 2023

Most de-SPACed companies that have filed for bankruptcy over the past year are early-stage technology or biotechnology companies strained by growing economic headwinds. The sale price or the value placed on the business in the reorganization plan typically falls well short of the valuation implied by the company’s earlier de-SPAC transaction.

Going Concern Value 49

Going Concern Value Finance Equity Technology 49

Reynolds Holding

APRIL 10, 2023

The second difference is the “inherently more qualitative” nature of sustainability information than traditional financial reporting; the “goal is to produce information so that users may assess short-, medium-, and long-term future performance and expectations that relate to an ultimate enterprise value (or going concern value).”

Compliance 45

Compliance Going Concern Value Start-ups Enterprise Value 45

Reynolds Holding

APRIL 20, 2025

Those rules and practices, though, became obsolete.They worked for companies whose capital structures were concentrated, homogeneous, and stable such as when financing was provided by a handful of commercial banks in a syndicated loan.

Capital Structure 49

Capital Structure Going Concern Value Start-ups Finance 49