Data Co. Near Intelligence Taps Full $16M DIP Before Auction

By Clara Geoghegan · January 23, 2024, 6:31 PM EST

Consumer data firm Near Intelligence Inc. on Tuesday received a Delaware bankruptcy judge's sign-off for a Feb. 10 asset auction and was approved to tap the $11 million remainder of its...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

The bankruptcy filing comes less than a year after the data gatherer completed its merger with SPAC KludeIn I Acquisition, a business combination valued at nearly $1 billion at the time

Case Number

1:23-bk-11962

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$100-$500 million

View Full Scorecard

Documents

Related Sections

Case Information

Case Title

Near Intelligence, Inc.

Case Number

1:23-bk-11962

Court

Delaware

Nature of Suit

Date Filed

December 08, 2023

Recent Articles By Clara