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. | |
---|---|---|
-18.51% | 218B | |
-7.35% | 67.86B | |
-5.13% | 55.36B | |
-11.62% | 46.03B | |
+2.38% | 41.53B | |
-5.30% | 34.64B | |
-11.95% | 27.89B | |
+88.38% | 24.73B | |
+0.46% | 21.01B |