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The latest announcement is out from Mondee Holdings ( (MOND) ).
Mondee Holdings, Inc., a Delaware corporation, has entered into amendments to its financing agreement, securing additional loans totaling $15.5 million for general corporate purposes. The company also announced the appointment of a chief restructuring officer, Mohsin Meghji, and an expansion of its Board of Directors with the election of three new members, alongside forming a Special Committee to oversee strategic alternatives. These moves indicate a strategic restructuring and governance enhancement to improve financial and operational stability.
More about Mondee Holdings
YTD Price Performance: -98.70%
Average Trading Volume: 747,151
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.15M
Find detailed analytics on MOND stock on TipRanks’ Stock Analysis page.
