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Orbital Infrastructure Group, Inc. - $OIG STOCK NEWS

Welcome to our dedicated page for Orbital Infrastructure Group news (Ticker: $OIG), a resource for investors and traders seeking the latest updates and insights on Orbital Infrastructure Group stock.

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 Orbital Infrastructure Group'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.

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Rhea-AI Summary
Orbital Infrastructure Group Inc. receives $15.0 million in debtor-in-possession financing from existing secured lenders. Company and subsidiaries file for Chapter 11, excluding Front Line Power Construction and Gibson Technical Services which are being sold separately. Sale transactions with FLP and GTS lenders to be conducted through a Chapter 11 auction process. DIP financing agreements expected to provide $15.0 million of liquidity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-39.24%
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Rhea-AI Summary
Orbital Infrastructure Group Inc. (NASDAQ: OIG) received a letter from Nasdaq regarding delisting due to failure to file quarterly report and market value below required minimum.
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End-of-Day
-33.52%
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Rhea-AI Summary
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0.92%
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-23.91%
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Rhea-AI Summary
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-7.69%
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-4.21%
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-6.44%
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Rhea-AI Sentiment
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-4.05%
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Rhea-AI Sentiment
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-23.4%
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Rhea-AI Impact
Rhea-AI Sentiment
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-5.78%
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Orbital Infrastructure Group, Inc.

Nasdaq:OIG

OIG Rankings

OIG Stock Data

1.78M
3.64M
10.34%
18.14%
1.94%
Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
Link
US
Houston

About OIG

orbital energy group, inc. engages in the design, installation, and commissioning of industrial gas sampling, measurement, and delivery systems for energy, power, and processing markets in the united states and the united kingdom. it also provides engineering, construction, maintenance, and emergency response solutions to the power, utilities, and midstream markets; and engineering, procurement, and construction services in the renewable energy industry the company, formerly known as cui global, inc., was founded in 1998 and is based in houston, texas.