Enters into Restructuring Support Agreement with Secured Lenders and CTCI to Commence Voluntary Chapter 11 Proceeding Receives Commitment for $100 Million in New Money Debtor-In-Possession Financing and Services to Fully Support Day-to-Day Business Operations Consensual Deal to Consummate a Chapter 11 Plan that Primarily Equitizes Term Loan Lenders and CTCI, a Key Claimant BAKERSFIELD, Calif. / Apr 16, 2025 / Business Wire /... Read More