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iMedia Brands Inc - IMBI STOCK NEWS

Welcome to our dedicated news page for iMedia Brands (Ticker: IMBI), a resource for investors and traders seeking the latest updates and insights on iMedia Brands.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect iMedia Brands's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of iMedia Brands's position in the market.

Rhea-AI Summary
iMedia Brands, Inc. has entered into an asset and equity purchase agreement with RNN National Media Group to sell its assets for approximately $50 million. The transaction will be conducted through the ongoing Chapter 11 cases in the U.S. Bankruptcy Court. The sale is expected to close in August 2023, subject to approval from the Bankruptcy Court.
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iMedia Brands, Inc. has been notified by Nasdaq that its common stock and 8.5% Senior Notes due 2026 will be delisted as a result of the company's voluntary Chapter 11 bankruptcy proceedings. Trading will be suspended on July 10, 2023. The company will continue its sale process under Chapter 11 protection.
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iMedia Brands, Inc. announces noncompliance with filing requirements for its Annual Report on Form 10-K with the SEC. The NASDAQ Notice has no immediate effect on the listing or trading of the Company's shares. The Company has until July 3, 2023, to submit a plan to regain compliance.
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iMedia Brands Inc

Nasdaq:IMBI

IMBI Rankings

IMBI Stock Data

3.18M
All Other Miscellaneous Store Retailers (except Tobacco Stores)
Retail Trade
Link
US
Eden Prairie

About IMBI

pet.co.nz launched in march 2013. with over 6,500 product lines from over 280 brands, pet.co.nz offers new zealand's largest selection of online pet products including food, toys, flea treatments, beds, collars, health products and more. all pet.co.nz stock is held in our auckland-based warehouse with free delivery on orders over $39 anywhere in new zealand. pet.co.nz makes online shopping simple, speedy and fun with easy-to-use websites, superior customer service, great prices and extensive product ranges. www.pet.co.nz ______________________ if you are interested in working for a fast paced retailer, please contact founder shane bradley. shane has founded numerous online businesses including finda.co.nz and grabone.co.nz.