On April 2, 2024, View Inc., a leader in smart building technologies, entered into a Restructuring Support Agreement (RSA) with key stakeholders including Cantor Fitzgerald and RXR Realty, as well as term loan lenders and convertible noteholders. The agreement aims to implement a prepackaged restructuring plan, which will see the conversion of existing debt into equity, effectively making View a privately held company. The RSA was initiated in response to a default event under the company's existing debt instruments, which accelerated payment obligations. View Inc. has also secured a $17.5 million debtor-in-possession financing facility to support operations during the restructuring process. The company expects to emerge from Chapter 11 bankruptcy with a strengthened balance sheet and a reorganized board of directors within 45 days from the reporting date. This move follows the Nasdaq's decision to delist View's securities, a decision from which View withdrew its appeal in light of the restructuring. The company's operations are expected to continue normally, with trade claims unaffected and customer support ongoing.

On April 2, 2024, View Inc., a leader in smart building technologies, entered into a Restructuring Support Agreement (RSA) with key stakeholders including Cantor Fitzgerald and RXR Realty, as well as term loan lenders and convertible noteholders. The agreement aims to implement a prepackaged restructuring plan, which will see the conversion of existing debt into equity, effectively making View a privately held company. The RSA was initiated in response to a default event under the company's existing debt instruments, which accelerated payment obligations. View Inc. has also secured a $17.5 million debtor-in-possession financing facility to support operations during the restructuring process. The company expects to emerge from Chapter 11 bankruptcy with a strengthened balance sheet and a reorganized board of directors within 45 days from the reporting date. This move follows the Nasdaq's decision to delist View's securities, a decision from which View withdrew its appeal in light of the restructuring. The company's operations are expected to continue normally, with trade claims unaffected and customer support ongoing.