“I am deeply grateful for the support of our financial stakeholders as we work together to strengthen our capital structure and expedite this process through the Restructuring Support Agreement,” said CEO David Tolley, who took the helm last month.

Source: https://investorplace.com/2023/11/wework-wewkq-stock-swings-in-volatile-trading-after-nyse-delisting/

The agreement is expected to erase about $3 billion of WeWork’s debt, CEO David Tolley told The Associated Press Tuesday.

Source: https://halifax.citynews.ca/2023/11/06/wework-seeks-bankruptcy-protection-a-stunning-fall-for-a-firm-once-valued-at-close-to-50-billion/