Polishedcom INC

8-KS-1

Market Movers (8-K)

OTC.Pink
Polished.com has lowered its 2023 revenue and EBITDA guidance due to ongoing macroeconomic headwinds and has received a notice of default from its lenders.
Worse than expected
OTC.Pink
Polished.com has received a notice of default and acceleration from Bank of America, demanding immediate repayment of $91.25 million in outstanding debt.
Worse than expected
OTC.Pink
Polished.com successfully held its annual meeting, re-electing all eight nominated directors and ratifying its independent auditor for the fiscal year ending December 31, 2023.

New Public Companies (S-1)

OTC.Pink
Polished.com aims to raise capital through a public offering of common stock and pre-funded warrants to address liquidity issues and potential bankruptcy risks.
Capital raise
Worse than expected