Unitek Global Services (UNTK) 0.0121 $UNTK
Confirmation of UniTek Global Services' Pre-Packaged Plan of Reorganization
GlobeNewswire - Tue Jan 06, 8:38AM CST
UniTek Global Services, Inc. ("UniTek" or the "Company"
(OTC:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, announced today that the U.S. Bankruptcy Court for the District of Delaware has confirmed the Company's Plan of Reorganization. The Company has set mid-January, 2015 for the effective date of the Plan of Reorganization and its emergence from chapter 11.
UniTek Global Services Receives Bankruptcy Court Approval for First-Day Motions in Connection With Its Restructuring Plan
GlobeNewswire - Wed Nov 05, 7:07AM CST
UniTek Global Services, Inc. ("UniTek" or the "Company" (OTC:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, announced today that it has received court approval of its First-Day Motions (the "Motions" at a hearing in the United States Bankruptcy Court for the District of Delaware (the "Court" . The approval of the Motions by the Bankruptcy Court completes an important step toward implementation of the previously announced prepackaged Chapter 11 Plan, which received unanimous support of the Company's lenders. It will help to ensure that UniTek's operations will continue smoothly and that it will be business as usual. The Company is now scheduled for a hearing in early December to approve its Restructuring Plan and to set an expedited schedule for the Company's emergence from Chapter 11.
UniTek Global Services Receives 100% Lender Support for Restructuring Plan
GlobeNewswire - Mon Nov 03, 5:28PM CST
UniTek Global Services, Inc. ("UniTek" or the "Company" (OTC:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, announced today that it has received the support of all of its Lenders, including among others affiliates of Littlejohn & Co. and New Mountain Capital (the "Lenders" , collectively representing 100% of its secured debt for its previously announced prepackaged Restructuring Plan (the "Restructuring Plan" . After a solicitation process, the Company obtained votes in favor of the Plan from all members of all three classes entitled to vote. With this committed support, as well as the support of the parties, including DIRECTV, to the previously announced plan support agreement, today the Company and its subsidiaries have filed voluntary petitions for Chapter 11 protection with the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court" .
Lenders to Get Control of UniTek, Will Provide DIP - Source
at The Street - Thu Oct 23, 8:32AM CDT
Sources said lenders led by private equity firms Littlejohn & Co. and New Mountain Capital will swap debt for equity and provide as much as $43 million in post-petition financing.
DTV: 87.51 (-0.32)
UniTek Global Services Reaches Agreement on Comprehensive Debt Restructuring
GlobeNewswire - Tue Oct 21, 3:38PM CDT
UniTek Global Services, Inc. ("UniTek" or the "Company" (OTC:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, announced today that the Company and its Lenders, including affiliates of Littlejohn & Co. and New Mountain Capital (the "Lenders" have agreed to the terms of a comprehensive debt restructuring (the "Restructuring" .
Delisting of Securities of Aquasition Corp., Glori Energy Inc., NewLead Holdings Ltd., UniTek Global Services, Inc. Ambient Corporation and Alvarion Ltd. From The NASDAQ Stock Market
GlobeNewswire - Wed Sep 10, 3:08PM CDT
The NASDAQ Stock Market announced today that it will delist the unit and warrant of Aquasition Corp. Aquasition Corp.'s unit and warrant were suspended on September 04, 2014 and have not traded on NASDAQ since that time.
GLRI: 3.78 (+0.47), NDAQ: 49.48 (-0.27)
UniTek Global Services, Inc. Adopts Tax Benefit Preservation Stockholder Rights Plan
GlobeNewswire - Fri Aug 29, 8:00AM CDT
UniTek Global Services, Inc. ("UniTek" or the "Company" (OTC Pink:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, today announced that its Board of Directors has approved the adoption of a tax benefit preservation stockholder rights plan (the "rights plan" designed to protect UniTek's valuable federal net operating losses (NOLs) under Section 382 of the Internal Revenue Code.
UniTek Global Services, Inc. Common Stock to Begin Trading on the OTC Markets - OTC Pink Tier
GlobeNewswire - Wed Aug 20, 3:13PM CDT
UniTek Global Services, Inc. ("UniTek" or the "Company" (Nasdaq:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, today confirmed its previous disclosure that trading in the Company's common stock on The NASDAQ Stock Market will be suspended effective with the open of business on August 21, 2014.
UniTek Global Services Launches New Website and Social Media Platforms
GlobeNewswire - Mon Jun 23, 8:00AM CDT
UniTek Global Services, Inc. ("UniTek" or the "Company" (Nasdaq:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, is pleased to announce the launch of the Company's new website, featuring a new design and enhanced navigation at www.unitekglobalservices.com. The new website incorporates the Company's full suite of fulfillment solutions for the industries the Company serves in the United States and Canada.
Confirmation of UniTek Global Services' Pre-Packaged Plan of Reorganization
GlobeNewswire - Tue Jan 06, 8:38AM CST
UniTek Global Services, Inc. ("UniTek" or the "Company"
(OTC:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, announced today that the U.S. Bankruptcy Court for the District of Delaware has confirmed the Company's Plan of Reorganization. The Company has set mid-January, 2015 for the effective date of the Plan of Reorganization and its emergence from chapter 11. UniTek Global Services Receives Bankruptcy Court Approval for First-Day Motions in Connection With Its Restructuring Plan
GlobeNewswire - Wed Nov 05, 7:07AM CST
UniTek Global Services, Inc. ("UniTek" or the "Company"
(OTC:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, announced today that it has received court approval of its First-Day Motions (the "Motions" at a hearing in the United States Bankruptcy Court for the District of Delaware (the "Court" . The approval of the Motions by the Bankruptcy Court completes an important step toward implementation of the previously announced prepackaged Chapter 11 Plan, which received unanimous support of the Company's lenders. It will help to ensure that UniTek's operations will continue smoothly and that it will be business as usual. The Company is now scheduled for a hearing in early December to approve its Restructuring Plan and to set an expedited schedule for the Company's emergence from Chapter 11. UniTek Global Services Receives 100% Lender Support for Restructuring Plan
GlobeNewswire - Mon Nov 03, 5:28PM CST
UniTek Global Services, Inc. ("UniTek" or the "Company"
(OTC:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, announced today that it has received the support of all of its Lenders, including among others affiliates of Littlejohn & Co. and New Mountain Capital (the "Lenders" , collectively representing 100% of its secured debt for its previously announced prepackaged Restructuring Plan (the "Restructuring Plan" . After a solicitation process, the Company obtained votes in favor of the Plan from all members of all three classes entitled to vote. With this committed support, as well as the support of the parties, including DIRECTV, to the previously announced plan support agreement, today the Company and its subsidiaries have filed voluntary petitions for Chapter 11 protection with the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court" . Lenders to Get Control of UniTek, Will Provide DIP - Source
at The Street - Thu Oct 23, 8:32AM CDT
Sources said lenders led by private equity firms Littlejohn & Co. and New Mountain Capital will swap debt for equity and provide as much as $43 million in post-petition financing.
DTV: 87.51 (-0.32)
UniTek Global Services Reaches Agreement on Comprehensive Debt Restructuring
GlobeNewswire - Tue Oct 21, 3:38PM CDT
UniTek Global Services, Inc. ("UniTek" or the "Company"
(OTC:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, announced today that the Company and its Lenders, including affiliates of Littlejohn & Co. and New Mountain Capital (the "Lenders" have agreed to the terms of a comprehensive debt restructuring (the "Restructuring" . Delisting of Securities of Aquasition Corp., Glori Energy Inc., NewLead Holdings Ltd., UniTek Global Services, Inc. Ambient Corporation and Alvarion Ltd. From The NASDAQ Stock Market
GlobeNewswire - Wed Sep 10, 3:08PM CDT
The NASDAQ Stock Market announced today that it will delist the unit and warrant of Aquasition Corp. Aquasition Corp.'s unit and warrant were suspended on September 04, 2014 and have not traded on NASDAQ since that time.
GLRI: 3.78 (+0.47), NDAQ: 49.48 (-0.27)
UniTek Global Services, Inc. Adopts Tax Benefit Preservation Stockholder Rights Plan
GlobeNewswire - Fri Aug 29, 8:00AM CDT
UniTek Global Services, Inc. ("UniTek" or the "Company"
(OTC Pink:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, today announced that its Board of Directors has approved the adoption of a tax benefit preservation stockholder rights plan (the "rights plan" designed to protect UniTek's valuable federal net operating losses (NOLs) under Section 382 of the Internal Revenue Code. UniTek Global Services, Inc. Common Stock to Begin Trading on the OTC Markets - OTC Pink Tier
GlobeNewswire - Wed Aug 20, 3:13PM CDT
UniTek Global Services, Inc. ("UniTek" or the "Company"
(Nasdaq:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, today confirmed its previous disclosure that trading in the Company's common stock on The NASDAQ Stock Market will be suspended effective with the open of business on August 21, 2014. UniTek Global Services Launches New Website and Social Media Platforms
GlobeNewswire - Mon Jun 23, 8:00AM CDT
UniTek Global Services, Inc. ("UniTek" or the "Company"
(Nasdaq:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, is pleased to announce the launch of the Company's new website, featuring a new design and enhanced navigation at www.unitekglobalservices.com. The new website incorporates the Company's full suite of fulfillment solutions for the industries the Company serves in the United States and Canada. 
