/biz/ - Business & Finance

So, now as part of the CH11 reorganization plan Sixth Street can credit bid to convert their debt to equity. Since there is a good chance that Icahn and/or RC (as I described in this post) or, given Olivia Acuna's connections to both L Catterton and Sixth Street, even Dragonfly could've invested in BBBY via Sixth Street's Direct Lending platform, that equity can be combined with any common equity resulting from the preferred equity / warrants deal and shares issued to Teddy, as part of potential reverse merger. This can result in a change in ownership while preserving the NOLs. Even bondholders who have held their notes for at least 18 months can participate in this deal, pursuant to I.R.C. § 382(l)(5)(E) shown below, but it may disqualify many bondholders who recently bought the corresponding notes in hopes of being made whole and have not held them for at least 18 months :
https://www.reddit.com/r/ThePPShow/comments/14w3dtb/at_this_stage_nols_are_the_most_valuable_asset/

July 29, 2021: googly eyes tweet, disguised face emoji with baby chair hidden in background
https://twitter.com/ryancohen/status/1420940035042414595

August 13, 2021: First trademark application submitted for "Teddy" by Teddy Holdings LLC (link). The description reads: "TEDDY® trademark registration is intended to cover the category of provision of an online marketplace for buyers and sellers of goods and services."
https://uspto.report/TM/90881318

August 27, 2021: "Time for pillow fights and 60s music"
(bye bye baby is one of the songs of all time, no.1 in canada in 1965)
https://twitter.com/ryancohen/status/1431433651414306825

September 26, 2021: "Talk is cheap, it takes money to buy whiskey."
(note that literally nothing happened with GME or anything, leading us to conclude that it's about some undisclosed fundraising or transaction regarding BBBY)
https://twitter.com/ryancohen/status/1442208550600671232

RC bought the bonds 18 months before chapter 11

kek glennies

>>55649677
Sorry I'm just not gonna sell

Tedded
>>55587158
>>55587158
>>55587158

>>55567857