Saturday, July 5, 2025

Good Glamm restructuring talks underway, CEO says in note apologising for salary delays

The Good Glamm Group is facing financial difficulties, leading to restructuring discussions and brand sales. Salary delays and funding struggles have caused significant strain, exacerbated by a failed acquisition deal. The company is selling assets like Sirona and ScoopWhoop, and experiencing high-profile departures and board resignations amidst cost-cutting measures and remote work transitions.

from Tech-Economic Times https://ift.tt/0R7kAQW

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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...