Gresham Worldwide Set for Reorganization Approval, Emerges from Chapter 11 in 2025
Gresham Worldwide's Reorganization Journey
Hyperscale Data Inc. (NYSE American: GPUS) has made a significant announcement regarding its subsidiary, Gresham Worldwide, Inc. The company recently received final court approval for its Chapter 11 reorganization plan, paving the way for it to successfully emerge from bankruptcy by October 1, 2025. This critical development marks a pivotal moment for both Gresham Worldwide and its parent company, Hyperscale Data, solidifying a promising path for future financial stability.
A Fresh Start for Gresham Worldwide
Gresham Worldwide, currently under Hyperscale Data's ownership, is set to reconsolidate as a direct subsidiary of the company upon exiting Chapter 11. The anticipated reorganization is expected to generate approximately $40 million in annualized sales, significantly contributing to Hyperscale Data's overall performance. Milton
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