Emerges from Chapter 11 with Significantly Stronger Capital Structure Through Elimination of Approximately $1.2B of Debt New Ownership Group Committed to Supporting Long-Term Growth and Innovation DENVER–(BUSINESS WIRE)–Wheel Pros, LLC (d/b/a Hoonigan) and certain of its North American-based affiliates (collectively “Hoonigan” or the “Company”), a leading provider of aftermarket vehicle enhancements, today announced that it […]
Expects to Emerge from Financial Restructuring Process in the Near Future Global Operations Continue Without Interruption as the Company Drives Toward Emergence Court Approves Sale of 4WP Assets to ARB Corporation’s U.S. Affiliate, ORW USA DENVER, Co. – October [15], 2024 – Wheel Pros, LLC (d/b/a Hoonigan) and certain of its North American-based affiliates (collectively “Hoonigan” or the “Company”), […]
Enters into Restructuring Support Agreement to Eliminate Approximately $1.2 Billion of Debt Files Voluntary Prepackaged Petitions for Chapter 11 Relief to Implement Transaction Global Operations Across Brands Expected to Continue Without Interruption During Chapter 11 Cases with All Unsecured Creditors to be Paid in Full DENVER, Co. – September 8, 2024 – Wheel Pros, LLC (d/b/a Hoonigan) and certain of its North American-based affiliates (collectively “Hoonigan” or the “Company”), […]
