Global Clean Energy Holdings ( (GCEH) ) has provided an announcement.
On April 16, 2025, Global Clean Energy Holdings, Inc. entered into a Restructuring Support Agreement with key stakeholders, including Vitol Americas Corp. and CTCI Americas, Inc., to facilitate a Chapter 11 bankruptcy process in the United States Bankruptcy Court for the Southern District of Texas. The agreement aims to restructure the company’s existing debt and interests, supported by a $250 million debtor-in-possession financing package to ensure continued operations. The restructuring plan includes issuing new equity interests and canceling existing common stock, with the goal of achieving a sustainable capital structure and positioning the company for future success in the renewable fuels market.
More about Global Clean Energy Holdings
Global Clean Energy Holdings, Inc. is a vertically integrated renewable fuels company specializing in the development and cultivation of camelina, a nonfood, regenerative oilseed crop used for producing advanced biofuels and biomaterials. The company operates with a ‘farm-to-fuel’ business model, providing access to ultra-low carbon feedstocks in the sustainable fuels industry.
YTD Price Performance: -93.20%
Average Trading Volume: 27,762
Technical Sentiment Signal: Buy
Current Market Cap: $7.53M
See more insights into GCEH stock on TipRanks’ Stock Analysis page.