Cybersecurity Firm Appgate Files for Chapter 11 Bankruptcy

Appgate Inc. filed for Chapter 11 bankruptcy in Delaware, court papers show.

• The publicly traded cybersecurity firm lists assets and liabilities of at least $100 million each in its Chapter 11 bankruptcy petition
• The company’s shares fell after Bloomberg reported the filing, dropping 17% to 57 cents as of 2:28 p.m. in New York
• The case is Appgate Inc., 24-10956, US Bankruptcy Court for the District of Delaware

To contact the reporter on this story:
Jeremy Hill in New York at jhill273@bloomberg.net

To contact the editors responsible for this story:
Natalie Harrison at nharrison73@bloomberg.net

Rheaa Rao

© 2024 Bloomberg ...