On August 29, 2022, Zendesk Inc announced that it has confirmed an unsolicited non-binding recapitalization proposal from Light Street Capital Management LLC which indicated that the non-binding proposal contemplates a recapitalization of Company consisting of a $2 billion preferred equity investment to be arranged by Light Street Capital Management LLC, a $2 billion incremental debt facility and $1 billion of cash from CompanyÃs balance sheet.
1st Jan change | Capi. | |
---|---|---|
-20.73% | 212B | |
-6.97% | 67.8B | |
-1.02% | 57.75B | |
-10.50% | 46.62B | |
+4.19% | 42.26B | |
-7.05% | 33.99B | |
-10.17% | 28.46B | |
+78.63% | 23.45B | |
+3.14% | 21.57B |