StockNews.AI
CUTR
StockNews.AI
110 days

Cutera® Successfully Completes Restructuring Transaction and Moves Forward with Enhanced Capital Structure

1. Cutera emerged from Chapter 11 with a stronger balance sheet and reduced debt. 2. The company reduced debt by over 90% and raised $65 million in new financing.

2m saved
Insight
Article

FAQ

Why Very Bullish?

The significant debt reduction and new financing can enhance Cutera’s operations and investments.

How important is it?

The financial restructuring dramatically improves Cutera's position for growth and innovation.

Why Long Term?

Sustainable growth following restructuring typically unfolds over several quarters or years.

Related Companies

BRISBANE, Calif.--(BUSINESS WIRE)--CUTERA, INC., (“Cutera” or “the Company”), a leading provider of aesthetic and dermatology solutions, today announced that the Company has successfully completed its financial restructuring process and emerged from Chapter 11. Cutera emerges with a significantly stronger balance sheet, well positioned to drive innovation and growth. Through this process, Cutera has reduced its debt by nearly $400 million, or over 90%, and raised $65 million in new money financ.

Related News