Linqto Gets $60m DIP Financing After Filing for Bankruptcy

Linqto Inc. secures commitment for up to $60 million in DIP financing from Sandton Capital Partners to support its restructuring.

• Upon court approval, the additional liquidity from the DIP financing, combined with cash on hand, is expected to support critical business needs during proceedings
• Expects to continue limited business operations in the ordinary course during proceedings
• NOTE, Linqto Inc. Files for Chapter 11 Bankruptcy in Texas

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