Welcome to our dedicated page for APPGATE news (Ticker: $APGT), a resource for investors and traders seeking the latest updates and insights on APPGATE stock.
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Appgate has announced a comprehensive recapitalization plan to enhance its financial position and drive growth. The company will receive investment from Magnetar to fortify its operations. Appgate will transition to a privately held entity and deregister from public trading. The restructuring aims to help the company emerge debt-free and enhance its offerings in the cybersecurity market.