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WeWork Shares Stop Trading For 'Pending' Announcement

By Brent Godwin · November 6, 2023, 9:02 AM EST

Shares of WeWork Inc. halted trading early Monday morning, according to the New York Stock Exchange, ahead of a pending news announcement from the embattled coworking company....

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Bankruptcy Scorecard

Summary

Workspace provider WeWork filed for Chapter 11 on Nov. 6 in New Jersey bankruptcy court with more than $10 billion in debt as it seeks to restructure its commercial office lease portfolio.

Case Number

2:23-bk-19865

Judge

John K. Sherwood

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

$4.2 billion

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