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GlassBridge Enterprises ( (GLAE) ) just unveiled an announcement.
GlassBridge Enterprises, through its subsidiary GB HRP, LLC, had previously committed to purchasing $100 million in home equity interest option assets from Point Digital Finance, Inc. On May 23, 2025, GB sold some of these assets in a securitization transaction, receiving approximately $18.8 million in cash proceeds after expenses and investments.
More about GlassBridge Enterprises
Average Trading Volume: 18
Technical Sentiment Signal: Sell
Current Market Cap: $625K
Learn more about GLAE stock on TipRanks’ Stock Analysis page.