This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsWeWork（9WE）株式概要Provides flexible workspace solutions to individuals and organizations worldwide. 詳細9WE ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性0/6配当金0/6リスク分析The company is at risk of bankruptcy. All analysis should be taken with significant caution.マイナスの株主資本 過去1年間で株主の希薄化は大幅に進んだ 株式の流動性は非常に低い +2 さらなるリスクすべてのリスクチェックを見る9WE Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€4.2184.8% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-5b4b2016201920222025202620282031Revenue US$4.1bEarnings US$733.2mAdvancedSet Fair ValueView all narrativesWeWork Inc. 競合他社BENO HoldingSymbol: MUN:BENHMarket cap: €28.8mFranconofurtSymbol: HMSE:FFM1Market cap: €39.0mAdler GroupSymbol: XTRA:ADJMarket cap: €24.7mTTL Beteiligungs- und Grundbesitz-AGSymbol: XTRA:TTOMarket cap: €3.9m価格と性能株価の高値、安値、推移の概要WeWork過去の株価現在の株価US$4.2152週高値US$39.0252週安値US$4.00ベータ2.091ヶ月の変化0%3ヶ月変化0%1年変化n/a3年間の変化n/a5年間の変化n/aIPOからの変化-99.12%最新ニュースお知らせ • Jun 13WeWork Files Form 15WeWork Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Class A common stock was $0.0001 per share.お知らせ • Jun 02WeWork Inc. Appoints Anant Yardi as CEO Post-BankruptcyWeWork Inc. announced that Anant Yardi, took over as the CEO of WeWork on May 30, following a federal bankruptcy court's decision to transfer control of the co-working giant to its creditors. Yardi, a low-profile yet highly successful entrepreneur, ranks among the wealthiest in the software industry. His journey began in 1963 when he became the second person to achieve the top rank in the IIT JEE, a prestigious engineering entrance exam in India. Yardi moved to the United States in 1968 and founded Yardi Systems in 1984, a company specializing in property management software. Yardi Systems generates nearly $3 billion in annual revenue, making him a billionaire. According to the Financial Times, Yardi invested over $200 million in WeWork less than two years ago through an anonymous vehicle. Recently, he committed an additional $337.5 million to counter a bid from former WeWork CEO Adam Neumann, who attempted to regain control of the company. Yardi plans to steer WeWork towards targeting small businesses and incorporating hotel-like technologies like real-time bookings. Despite the company's recent struggles, Yardi remains optimistic about its future. Meanwhile, US Bankruptcy Judge John Sherwood approved WeWork's Chapter 11 bankruptcy plan on May 30. This approval allows the beleaguered shared office space provider to eliminate $4 billion in debt and transfer the company's equity to a group of lenders and the real estate technology company, Yardi Systems, as per Reuters. During the Newark, New Jersey court hearing, WeWork attorney Steven Serajeddini confirmed that the company is poised to emerge from bankruptcy debt-free "in a matter of days." This marks a critical juncture for WeWork, which has faced steep losses and overextension in its real estate portfolio, leading to its bankruptcy filing in November 2023. The bankruptcy proceedings enabled WeWork to negotiate a substantial reduction in future rent costs from its landlords and cancel leases at about one-third of its locations. This strategy will save the company over $12 billion in future rent expenses. Post-bankruptcy, WeWork plans to operate 337 shared office spaces, with more than 170 locations in the U.S. and Canada. During the restructuring process, WeWork rejected an alternate buyout proposal from its co-founder and former CEO, Adam Neumann. The company's lenders favoured an equity stake over Neumann's offer, which was deemed insufficient.お知らせ • Apr 30+ 2 more updatesCombined Hearing for Disclosure Statement and Plan Approved for WeWork Inc.The US Bankruptcy Court conditionally approved the adequacy of disclosure statement and combined hearing to consider approval of disclosure statement and prepackaged plan of WeWork Inc. on April 29, 2024. The debtor had filed its third amended disclosure statement and plan in the Court on April 29, 2024. The voting record date is April 22, 2024. Any objections to the plan should be made before May 28, 2024 and the confirmation hearing for the plan and disclosure statement has been scheduled for May 30, 2024.お知らせ • Apr 24WeWork Global in Talks to Sell Entire 27% Stake in India UnitCo-working firm WeWork Inc. (OTCPK:WEWK.Q) (WeWork Global), which has filed for bankruptcy in the US, is in talks with potential investors to sell its entire 27% stake in Wework India Management Private Limited (WeWork India) to monetise its investments, sources said. Bengaluru-based real estate firm Embassy Property Developments Private Limited (Embassy Group), which holds the remaining 73% stake in WeWork India, might also dilute some shareholdings to raise funds, they added. WeWork India, which started operations in 2017, has over 8 million square feet of assets signed across 54 locations in New Delhi, Bengaluru, Mumbai, Gurugram, Noida, Pune, and Hyderabad. WeWork India had posted a turnover of INR 14,000 million during the 2022-23 fiscal year. In June 2021, WeWork Global invested USD 100 million in WeWork India to pick a 27% stake. The investments helped Indian business to tide over the financial difficulties during the COVID pandemic, which had severely affected the office market. When contacted, WeWork India Chief Executive Officer Karan Virwani declined to comment. Sources said, WeWork India will continue to use the 'WeWork' brand even if WeWork Global sells its entire stake and exits from the India business. WeWork India will pay some fees to use the brand name. ‘WeWork India operates independently of WeWork Global, and our operations will not be affected in any manner,’ Virwani had said.お知らせ • Apr 20Amended Reorganization Plan and Disclosure Statement Filed by WeWork Inc.WeWork Inc., along with its affiliates, filed an amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on April 19, 2024. As per the amended plan filed, Go-Forward Guaranty Claims shall be reinstated. Allowed Unsecured Notes Claim and General Unsecured Claim shall receive pro rata share of either cash election or equity election.お知らせ • Mar 20WeWork Inc. announced delayed annual 10-K filingOn 03/19/2024, WeWork Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.最新情報をもっと見るRecent updatesお知らせ • Jun 13WeWork Files Form 15WeWork Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Class A common stock was $0.0001 per share.お知らせ • Jun 02WeWork Inc. Appoints Anant Yardi as CEO Post-BankruptcyWeWork Inc. announced that Anant Yardi, took over as the CEO of WeWork on May 30, following a federal bankruptcy court's decision to transfer control of the co-working giant to its creditors. Yardi, a low-profile yet highly successful entrepreneur, ranks among the wealthiest in the software industry. His journey began in 1963 when he became the second person to achieve the top rank in the IIT JEE, a prestigious engineering entrance exam in India. Yardi moved to the United States in 1968 and founded Yardi Systems in 1984, a company specializing in property management software. Yardi Systems generates nearly $3 billion in annual revenue, making him a billionaire. According to the Financial Times, Yardi invested over $200 million in WeWork less than two years ago through an anonymous vehicle. Recently, he committed an additional $337.5 million to counter a bid from former WeWork CEO Adam Neumann, who attempted to regain control of the company. Yardi plans to steer WeWork towards targeting small businesses and incorporating hotel-like technologies like real-time bookings. Despite the company's recent struggles, Yardi remains optimistic about its future. Meanwhile, US Bankruptcy Judge John Sherwood approved WeWork's Chapter 11 bankruptcy plan on May 30. This approval allows the beleaguered shared office space provider to eliminate $4 billion in debt and transfer the company's equity to a group of lenders and the real estate technology company, Yardi Systems, as per Reuters. During the Newark, New Jersey court hearing, WeWork attorney Steven Serajeddini confirmed that the company is poised to emerge from bankruptcy debt-free "in a matter of days." This marks a critical juncture for WeWork, which has faced steep losses and overextension in its real estate portfolio, leading to its bankruptcy filing in November 2023. The bankruptcy proceedings enabled WeWork to negotiate a substantial reduction in future rent costs from its landlords and cancel leases at about one-third of its locations. This strategy will save the company over $12 billion in future rent expenses. Post-bankruptcy, WeWork plans to operate 337 shared office spaces, with more than 170 locations in the U.S. and Canada. During the restructuring process, WeWork rejected an alternate buyout proposal from its co-founder and former CEO, Adam Neumann. The company's lenders favoured an equity stake over Neumann's offer, which was deemed insufficient.お知らせ • Apr 30+ 2 more updatesCombined Hearing for Disclosure Statement and Plan Approved for WeWork Inc.The US Bankruptcy Court conditionally approved the adequacy of disclosure statement and combined hearing to consider approval of disclosure statement and prepackaged plan of WeWork Inc. on April 29, 2024. The debtor had filed its third amended disclosure statement and plan in the Court on April 29, 2024. The voting record date is April 22, 2024. Any objections to the plan should be made before May 28, 2024 and the confirmation hearing for the plan and disclosure statement has been scheduled for May 30, 2024.お知らせ • Apr 24WeWork Global in Talks to Sell Entire 27% Stake in India UnitCo-working firm WeWork Inc. (OTCPK:WEWK.Q) (WeWork Global), which has filed for bankruptcy in the US, is in talks with potential investors to sell its entire 27% stake in Wework India Management Private Limited (WeWork India) to monetise its investments, sources said. Bengaluru-based real estate firm Embassy Property Developments Private Limited (Embassy Group), which holds the remaining 73% stake in WeWork India, might also dilute some shareholdings to raise funds, they added. WeWork India, which started operations in 2017, has over 8 million square feet of assets signed across 54 locations in New Delhi, Bengaluru, Mumbai, Gurugram, Noida, Pune, and Hyderabad. WeWork India had posted a turnover of INR 14,000 million during the 2022-23 fiscal year. In June 2021, WeWork Global invested USD 100 million in WeWork India to pick a 27% stake. The investments helped Indian business to tide over the financial difficulties during the COVID pandemic, which had severely affected the office market. When contacted, WeWork India Chief Executive Officer Karan Virwani declined to comment. Sources said, WeWork India will continue to use the 'WeWork' brand even if WeWork Global sells its entire stake and exits from the India business. WeWork India will pay some fees to use the brand name. ‘WeWork India operates independently of WeWork Global, and our operations will not be affected in any manner,’ Virwani had said.お知らせ • Apr 20Amended Reorganization Plan and Disclosure Statement Filed by WeWork Inc.WeWork Inc., along with its affiliates, filed an amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on April 19, 2024. As per the amended plan filed, Go-Forward Guaranty Claims shall be reinstated. Allowed Unsecured Notes Claim and General Unsecured Claim shall receive pro rata share of either cash election or equity election.お知らせ • Mar 20WeWork Inc. announced delayed annual 10-K filingOn 03/19/2024, WeWork Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.お知らせ • Dec 06WeWork Inc. Appoints Claudio Hidalgo as Chief Operating OfficerOn December 5, 2023, the Board of Directors of WeWork Inc. (the “Company”) appointed Claudio Hidalgo as Chief Operating Officer, effective immediately. Mr. Hidalgo previously served as the Company’s Chief Operating Officer Americas from June 2023 to November 2023, and as Chief Operating Officer of WeWork Latin America from April 2020 to August 2022. Mr. Hidalgo also co-founded and served as the Chief Operating Officer at Somos Internet in Colombia from September 2022 to June 2023. Prior to joining WeWork, he spent four years (April 2016 - April 2020) at Sprint Corporation where he served as Regional President for the Southeast and then Northeast, covering Puerto Rico and US Virgin Islands. Mr. Hidalgo earned an engineering degree with a minor in economics from the Universidad Gabriela Mistral in Chile and post graduate diplomas at Executive International Leadership Programs from, IESE, INSEAD and Georgetown. There are no arrangements or understandings between Mr. Hidalgo and any other persons pursuant to which he was appointed as the Chief Operating Officer of the Company. There are no family relationships between Mr. Hidalgo and the executive officers or directors of the Company, and no transactions involving the Company and Mr. Hidalgo that would be required to be reported pursuant to Item 404(a) of Regulation S-K.お知らせ • Nov 15WeWork Inc. announced delayed 10-Q filingOn 11/13/2023, WeWork Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Nov 10+ 1 more updateWeWork Inc.(OTCPK:WEWK.Q) dropped from S&P TMI IndexWeWork Inc.(OTCPK:WEWK.Q) dropped from S&P TMI Indexお知らせ • Nov 09NYSE to Commence Delisting Proceedings Against WeWorkThe New York Stock Exchange LLC announced that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock of WeWork Inc. (the "Company") -- ticker symbol WE -- from the NYSE. Trading in the Company's Class A common stock will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to Listed Company Manual Section 802.01D after the Company's November 7, 2023 disclosure on Form 8-K filed with the Securities and Exchange Commission that the Company has filed voluntary petitions to commence proceedings under Chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of New Jersey. In reaching its delisting determination, NYSE Regulation noted that the Company has entered into a restructuring support agreement with certain stakeholders who have agreed, subject to certain terms and conditions, to support a plan of reorganization provides that, among other things, the Company's outstanding Class A common stock would be cancelled, released, discharged, and extinguished upon consummation of the plan, and holders thereof would not receive any recovery. The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company's Class A common stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff's decision.お知らせ • Nov 08WeWork Inc. Filed for BankruptcyWeWork Inc., along with its 515 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of New Jersey on November 6, 2023. The debtor listed both its assets and liabilities in the range of $10 billion to $50 billion. The debtor is represented by Michael D. Sirota of Cole Schotz P.C., Munger, Tolles & Olson LLP, Kirkland & Ellis LLP and Kirkland & Ellis International LLP as its legal counsels, PJT Partners LP as investment banker, Alvarez & Marsal North America, LLC as restructuring advisor, Epiq Corporate Restructuring, LLC as claims and noticing agent, Deloitte Tax LLP as tax advisor, Province, LLC, as financial advisor.お知らせ • Nov 03WeWork Inc. is Heading Towards BankruptcyWeWork Inc.is heading towards bankruptcy, as of November 1, 2023. WeWork Inc. is expected to file a Chapter 11 bankruptcy petition within the next couple of days as it nears an agreement with existing creditors. The company is finalizing a reorganization pact with its largest creditors/ is leading towards a bankruptcy proceeding under Chapter 11.お知らせ • Oct 21WeWork Inc Announces Resignation of Anthony Yazbeck as President and Chief Operating Officer OOn October 13, 2023, WeWork Inc. and Anthony Yazbeck agreed that Mr. Yazbeck would leave from his position as President and Chief Operating Officer of the Company, effective October 20, 2023.お知らせ • Oct 17+ 1 more updateWeWork Inc. Appoints Paul Keglevic as Chair of the Board of DirectorsWeWork Inc. announced that current WeWork Board member, Paul Keglevic, was appointed Chair of the Board of Directors, effective September 1, 2023.New Risk • Sep 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 93% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-US$3.6b). Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$1.0b). Currently unprofitable and not forecast to become profitable over next 2 years (US$384m net loss in 2 years).お知らせ • Sep 05WeWork Announces Completion of 1-for-40 Reverse Stock Split to Regain Compliance with Minimum Closing Price RequirementWeWork Inc. announced that it has completed the previously announced 1-for-40 reverse stock split of its outstanding shares of Class A Common Stock and Class C Common Stock. The reverse stock split became effective at 4:01 p.m. Eastern Time September 4, 2023, and the company's Class A Common Stock will begin trading on a split-adjusted basis at the market open on September 5, 2023. The reverse stock split was effected to enable the Company to regain compliance with the $1.00 per share minimum closing price required to maintain continued listing on the New York Stock Exchange. The company does not expect the reverse stock split to impact its current or future business operations.お知らせ • Sep 03WeWork Provides NYSE Compliance UpdateOn June 12, 2023, the stockholders of WeWork Inc. (the ‘company’) approved an amendment to the Company’s second amended and restated certificate of incorporation to effect a reverse stock split of the Company’s Class A common stock, par value $0.0001 per share (the ‘Class A Common Stock’), and Class C common stock, par value $0.0001 per share (the ‘Class C Common Stock’), by a ratio in the range of 1-for-10 to 1-for-40, with such ratio to be determined at the discretion of the board of directors of the Company. On August 17, 2023, the board of directors of the Company approved the reverse stock split of the Class A Common Stock and the Class C Common Stock at a ratio of 1-for-40. On September 1, 2023, the Company filed a Certificate of Amendment to the Company’s second amended and restated certificate of incorporation (the ‘Amendment’) with the Secretary of State of the State of Delaware, which effected, on September 1, 2023 (the ‘Effective Time’), a 1-for-40 reverse stock split of the Company’s Class A Common Stock and Class C Common Stock. The Amendment was filed to enable the Company to regain compliance with the $1.00 per share minimum closing price required to maintain continued listing on the New York Stock Exchange (the ‘NYSE’).お知らせ • Aug 19WeWork to Conduct 1-for-40 Reverse Stock Split to Regain Compliance with the Minimum Closing Price Required to Maintain Continued Listing on the New York Stock ExchangeWeWork Inc. announced that it will proceed with a 1-for-40 reverse stock split of its outstanding shares of Class A common stock and Class C common stock following approval by its board of directors and within the ratio range previously authorized by shareholders at the annual meeting of the company's shareholders on June 12, 2023. The reverse stock split will be effective at 4:01 p.m., Eastern Time, on September 1, 2023. The company’s Class A common stock will begin trading on a post-split basis at the market open on September 5, 2023. The reverse stock split is being effected primarily to increase the company’s per share trading price and to regain compliance with the $1.00 per share minimum closing price required to maintain continued listing on the New York Stock Exchange. The company does not expect the reverse stock split to impact its current or future business operations.Board Change • Aug 15Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. 1 independent director (8 non-independent directors). Director Alex Clavel is the most experienced director on the board, commencing their role in 2022. Independent Director Manoj Kohli was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.株主還元9WEDE Real EstateDE 市場7D0%-1.0%3.2%1Yn/a-18.1%2.5%株主還元を見る業界別リターン: 9WEがGerman Real Estate業界に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。リターン対市場: 9WE German市場に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。価格変動Is 9WE's price volatile compared to industry and market?9WE volatility9WE Average Weekly Movementn/aReal Estate Industry Average Movement5.4%Market Average Movement6.1%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: 9WE 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 過去 1 年間の9WEのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト20104,300David Tolleywww.wework.comもっと見るWeWork Inc. 基礎のまとめWeWork の収益と売上を時価総額と比較するとどうか。9WE 基礎統計学時価総額€26.93m収益（TTM）-€1.71b売上高(TTM)€3.07b0.0xP/Sレシオ0.0xPER（株価収益率9WE は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計9WE 損益計算書（TTM）収益US$3.34b売上原価US$602.00m売上総利益US$2.73bその他の費用US$4.59b収益-US$1.85b直近の収益報告Sep 30, 2023次回決算日該当なし一株当たり利益（EPS）-35.16グロス・マージン81.95%純利益率-55.62%有利子負債／自己資本比率-79.0%9WE の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/12/02 01:24終値2023/09/04 00:00収益2023/09/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋WeWork Inc. これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関William CatherwoodBTIGBrett KnoblauchCantor Fitzgerald & Co.Vikram MalhotraMizuho Securities USA LLC1 その他のアナリストを表示
お知らせ • Jun 13WeWork Files Form 15WeWork Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Class A common stock was $0.0001 per share.
お知らせ • Jun 02WeWork Inc. Appoints Anant Yardi as CEO Post-BankruptcyWeWork Inc. announced that Anant Yardi, took over as the CEO of WeWork on May 30, following a federal bankruptcy court's decision to transfer control of the co-working giant to its creditors. Yardi, a low-profile yet highly successful entrepreneur, ranks among the wealthiest in the software industry. His journey began in 1963 when he became the second person to achieve the top rank in the IIT JEE, a prestigious engineering entrance exam in India. Yardi moved to the United States in 1968 and founded Yardi Systems in 1984, a company specializing in property management software. Yardi Systems generates nearly $3 billion in annual revenue, making him a billionaire. According to the Financial Times, Yardi invested over $200 million in WeWork less than two years ago through an anonymous vehicle. Recently, he committed an additional $337.5 million to counter a bid from former WeWork CEO Adam Neumann, who attempted to regain control of the company. Yardi plans to steer WeWork towards targeting small businesses and incorporating hotel-like technologies like real-time bookings. Despite the company's recent struggles, Yardi remains optimistic about its future. Meanwhile, US Bankruptcy Judge John Sherwood approved WeWork's Chapter 11 bankruptcy plan on May 30. This approval allows the beleaguered shared office space provider to eliminate $4 billion in debt and transfer the company's equity to a group of lenders and the real estate technology company, Yardi Systems, as per Reuters. During the Newark, New Jersey court hearing, WeWork attorney Steven Serajeddini confirmed that the company is poised to emerge from bankruptcy debt-free "in a matter of days." This marks a critical juncture for WeWork, which has faced steep losses and overextension in its real estate portfolio, leading to its bankruptcy filing in November 2023. The bankruptcy proceedings enabled WeWork to negotiate a substantial reduction in future rent costs from its landlords and cancel leases at about one-third of its locations. This strategy will save the company over $12 billion in future rent expenses. Post-bankruptcy, WeWork plans to operate 337 shared office spaces, with more than 170 locations in the U.S. and Canada. During the restructuring process, WeWork rejected an alternate buyout proposal from its co-founder and former CEO, Adam Neumann. The company's lenders favoured an equity stake over Neumann's offer, which was deemed insufficient.
お知らせ • Apr 30+ 2 more updatesCombined Hearing for Disclosure Statement and Plan Approved for WeWork Inc.The US Bankruptcy Court conditionally approved the adequacy of disclosure statement and combined hearing to consider approval of disclosure statement and prepackaged plan of WeWork Inc. on April 29, 2024. The debtor had filed its third amended disclosure statement and plan in the Court on April 29, 2024. The voting record date is April 22, 2024. Any objections to the plan should be made before May 28, 2024 and the confirmation hearing for the plan and disclosure statement has been scheduled for May 30, 2024.
お知らせ • Apr 24WeWork Global in Talks to Sell Entire 27% Stake in India UnitCo-working firm WeWork Inc. (OTCPK:WEWK.Q) (WeWork Global), which has filed for bankruptcy in the US, is in talks with potential investors to sell its entire 27% stake in Wework India Management Private Limited (WeWork India) to monetise its investments, sources said. Bengaluru-based real estate firm Embassy Property Developments Private Limited (Embassy Group), which holds the remaining 73% stake in WeWork India, might also dilute some shareholdings to raise funds, they added. WeWork India, which started operations in 2017, has over 8 million square feet of assets signed across 54 locations in New Delhi, Bengaluru, Mumbai, Gurugram, Noida, Pune, and Hyderabad. WeWork India had posted a turnover of INR 14,000 million during the 2022-23 fiscal year. In June 2021, WeWork Global invested USD 100 million in WeWork India to pick a 27% stake. The investments helped Indian business to tide over the financial difficulties during the COVID pandemic, which had severely affected the office market. When contacted, WeWork India Chief Executive Officer Karan Virwani declined to comment. Sources said, WeWork India will continue to use the 'WeWork' brand even if WeWork Global sells its entire stake and exits from the India business. WeWork India will pay some fees to use the brand name. ‘WeWork India operates independently of WeWork Global, and our operations will not be affected in any manner,’ Virwani had said.
お知らせ • Apr 20Amended Reorganization Plan and Disclosure Statement Filed by WeWork Inc.WeWork Inc., along with its affiliates, filed an amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on April 19, 2024. As per the amended plan filed, Go-Forward Guaranty Claims shall be reinstated. Allowed Unsecured Notes Claim and General Unsecured Claim shall receive pro rata share of either cash election or equity election.
お知らせ • Mar 20WeWork Inc. announced delayed annual 10-K filingOn 03/19/2024, WeWork Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • Jun 13WeWork Files Form 15WeWork Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Class A common stock was $0.0001 per share.
お知らせ • Jun 02WeWork Inc. Appoints Anant Yardi as CEO Post-BankruptcyWeWork Inc. announced that Anant Yardi, took over as the CEO of WeWork on May 30, following a federal bankruptcy court's decision to transfer control of the co-working giant to its creditors. Yardi, a low-profile yet highly successful entrepreneur, ranks among the wealthiest in the software industry. His journey began in 1963 when he became the second person to achieve the top rank in the IIT JEE, a prestigious engineering entrance exam in India. Yardi moved to the United States in 1968 and founded Yardi Systems in 1984, a company specializing in property management software. Yardi Systems generates nearly $3 billion in annual revenue, making him a billionaire. According to the Financial Times, Yardi invested over $200 million in WeWork less than two years ago through an anonymous vehicle. Recently, he committed an additional $337.5 million to counter a bid from former WeWork CEO Adam Neumann, who attempted to regain control of the company. Yardi plans to steer WeWork towards targeting small businesses and incorporating hotel-like technologies like real-time bookings. Despite the company's recent struggles, Yardi remains optimistic about its future. Meanwhile, US Bankruptcy Judge John Sherwood approved WeWork's Chapter 11 bankruptcy plan on May 30. This approval allows the beleaguered shared office space provider to eliminate $4 billion in debt and transfer the company's equity to a group of lenders and the real estate technology company, Yardi Systems, as per Reuters. During the Newark, New Jersey court hearing, WeWork attorney Steven Serajeddini confirmed that the company is poised to emerge from bankruptcy debt-free "in a matter of days." This marks a critical juncture for WeWork, which has faced steep losses and overextension in its real estate portfolio, leading to its bankruptcy filing in November 2023. The bankruptcy proceedings enabled WeWork to negotiate a substantial reduction in future rent costs from its landlords and cancel leases at about one-third of its locations. This strategy will save the company over $12 billion in future rent expenses. Post-bankruptcy, WeWork plans to operate 337 shared office spaces, with more than 170 locations in the U.S. and Canada. During the restructuring process, WeWork rejected an alternate buyout proposal from its co-founder and former CEO, Adam Neumann. The company's lenders favoured an equity stake over Neumann's offer, which was deemed insufficient.
お知らせ • Apr 30+ 2 more updatesCombined Hearing for Disclosure Statement and Plan Approved for WeWork Inc.The US Bankruptcy Court conditionally approved the adequacy of disclosure statement and combined hearing to consider approval of disclosure statement and prepackaged plan of WeWork Inc. on April 29, 2024. The debtor had filed its third amended disclosure statement and plan in the Court on April 29, 2024. The voting record date is April 22, 2024. Any objections to the plan should be made before May 28, 2024 and the confirmation hearing for the plan and disclosure statement has been scheduled for May 30, 2024.
お知らせ • Apr 24WeWork Global in Talks to Sell Entire 27% Stake in India UnitCo-working firm WeWork Inc. (OTCPK:WEWK.Q) (WeWork Global), which has filed for bankruptcy in the US, is in talks with potential investors to sell its entire 27% stake in Wework India Management Private Limited (WeWork India) to monetise its investments, sources said. Bengaluru-based real estate firm Embassy Property Developments Private Limited (Embassy Group), which holds the remaining 73% stake in WeWork India, might also dilute some shareholdings to raise funds, they added. WeWork India, which started operations in 2017, has over 8 million square feet of assets signed across 54 locations in New Delhi, Bengaluru, Mumbai, Gurugram, Noida, Pune, and Hyderabad. WeWork India had posted a turnover of INR 14,000 million during the 2022-23 fiscal year. In June 2021, WeWork Global invested USD 100 million in WeWork India to pick a 27% stake. The investments helped Indian business to tide over the financial difficulties during the COVID pandemic, which had severely affected the office market. When contacted, WeWork India Chief Executive Officer Karan Virwani declined to comment. Sources said, WeWork India will continue to use the 'WeWork' brand even if WeWork Global sells its entire stake and exits from the India business. WeWork India will pay some fees to use the brand name. ‘WeWork India operates independently of WeWork Global, and our operations will not be affected in any manner,’ Virwani had said.
お知らせ • Apr 20Amended Reorganization Plan and Disclosure Statement Filed by WeWork Inc.WeWork Inc., along with its affiliates, filed an amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on April 19, 2024. As per the amended plan filed, Go-Forward Guaranty Claims shall be reinstated. Allowed Unsecured Notes Claim and General Unsecured Claim shall receive pro rata share of either cash election or equity election.
お知らせ • Mar 20WeWork Inc. announced delayed annual 10-K filingOn 03/19/2024, WeWork Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • Dec 06WeWork Inc. Appoints Claudio Hidalgo as Chief Operating OfficerOn December 5, 2023, the Board of Directors of WeWork Inc. (the “Company”) appointed Claudio Hidalgo as Chief Operating Officer, effective immediately. Mr. Hidalgo previously served as the Company’s Chief Operating Officer Americas from June 2023 to November 2023, and as Chief Operating Officer of WeWork Latin America from April 2020 to August 2022. Mr. Hidalgo also co-founded and served as the Chief Operating Officer at Somos Internet in Colombia from September 2022 to June 2023. Prior to joining WeWork, he spent four years (April 2016 - April 2020) at Sprint Corporation where he served as Regional President for the Southeast and then Northeast, covering Puerto Rico and US Virgin Islands. Mr. Hidalgo earned an engineering degree with a minor in economics from the Universidad Gabriela Mistral in Chile and post graduate diplomas at Executive International Leadership Programs from, IESE, INSEAD and Georgetown. There are no arrangements or understandings between Mr. Hidalgo and any other persons pursuant to which he was appointed as the Chief Operating Officer of the Company. There are no family relationships between Mr. Hidalgo and the executive officers or directors of the Company, and no transactions involving the Company and Mr. Hidalgo that would be required to be reported pursuant to Item 404(a) of Regulation S-K.
お知らせ • Nov 15WeWork Inc. announced delayed 10-Q filingOn 11/13/2023, WeWork Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Nov 10+ 1 more updateWeWork Inc.(OTCPK:WEWK.Q) dropped from S&P TMI IndexWeWork Inc.(OTCPK:WEWK.Q) dropped from S&P TMI Index
お知らせ • Nov 09NYSE to Commence Delisting Proceedings Against WeWorkThe New York Stock Exchange LLC announced that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock of WeWork Inc. (the "Company") -- ticker symbol WE -- from the NYSE. Trading in the Company's Class A common stock will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to Listed Company Manual Section 802.01D after the Company's November 7, 2023 disclosure on Form 8-K filed with the Securities and Exchange Commission that the Company has filed voluntary petitions to commence proceedings under Chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of New Jersey. In reaching its delisting determination, NYSE Regulation noted that the Company has entered into a restructuring support agreement with certain stakeholders who have agreed, subject to certain terms and conditions, to support a plan of reorganization provides that, among other things, the Company's outstanding Class A common stock would be cancelled, released, discharged, and extinguished upon consummation of the plan, and holders thereof would not receive any recovery. The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company's Class A common stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff's decision.
お知らせ • Nov 08WeWork Inc. Filed for BankruptcyWeWork Inc., along with its 515 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of New Jersey on November 6, 2023. The debtor listed both its assets and liabilities in the range of $10 billion to $50 billion. The debtor is represented by Michael D. Sirota of Cole Schotz P.C., Munger, Tolles & Olson LLP, Kirkland & Ellis LLP and Kirkland & Ellis International LLP as its legal counsels, PJT Partners LP as investment banker, Alvarez & Marsal North America, LLC as restructuring advisor, Epiq Corporate Restructuring, LLC as claims and noticing agent, Deloitte Tax LLP as tax advisor, Province, LLC, as financial advisor.
お知らせ • Nov 03WeWork Inc. is Heading Towards BankruptcyWeWork Inc.is heading towards bankruptcy, as of November 1, 2023. WeWork Inc. is expected to file a Chapter 11 bankruptcy petition within the next couple of days as it nears an agreement with existing creditors. The company is finalizing a reorganization pact with its largest creditors/ is leading towards a bankruptcy proceeding under Chapter 11.
お知らせ • Oct 21WeWork Inc Announces Resignation of Anthony Yazbeck as President and Chief Operating Officer OOn October 13, 2023, WeWork Inc. and Anthony Yazbeck agreed that Mr. Yazbeck would leave from his position as President and Chief Operating Officer of the Company, effective October 20, 2023.
お知らせ • Oct 17+ 1 more updateWeWork Inc. Appoints Paul Keglevic as Chair of the Board of DirectorsWeWork Inc. announced that current WeWork Board member, Paul Keglevic, was appointed Chair of the Board of Directors, effective September 1, 2023.
New Risk • Sep 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 93% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-US$3.6b). Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$1.0b). Currently unprofitable and not forecast to become profitable over next 2 years (US$384m net loss in 2 years).
お知らせ • Sep 05WeWork Announces Completion of 1-for-40 Reverse Stock Split to Regain Compliance with Minimum Closing Price RequirementWeWork Inc. announced that it has completed the previously announced 1-for-40 reverse stock split of its outstanding shares of Class A Common Stock and Class C Common Stock. The reverse stock split became effective at 4:01 p.m. Eastern Time September 4, 2023, and the company's Class A Common Stock will begin trading on a split-adjusted basis at the market open on September 5, 2023. The reverse stock split was effected to enable the Company to regain compliance with the $1.00 per share minimum closing price required to maintain continued listing on the New York Stock Exchange. The company does not expect the reverse stock split to impact its current or future business operations.
お知らせ • Sep 03WeWork Provides NYSE Compliance UpdateOn June 12, 2023, the stockholders of WeWork Inc. (the ‘company’) approved an amendment to the Company’s second amended and restated certificate of incorporation to effect a reverse stock split of the Company’s Class A common stock, par value $0.0001 per share (the ‘Class A Common Stock’), and Class C common stock, par value $0.0001 per share (the ‘Class C Common Stock’), by a ratio in the range of 1-for-10 to 1-for-40, with such ratio to be determined at the discretion of the board of directors of the Company. On August 17, 2023, the board of directors of the Company approved the reverse stock split of the Class A Common Stock and the Class C Common Stock at a ratio of 1-for-40. On September 1, 2023, the Company filed a Certificate of Amendment to the Company’s second amended and restated certificate of incorporation (the ‘Amendment’) with the Secretary of State of the State of Delaware, which effected, on September 1, 2023 (the ‘Effective Time’), a 1-for-40 reverse stock split of the Company’s Class A Common Stock and Class C Common Stock. The Amendment was filed to enable the Company to regain compliance with the $1.00 per share minimum closing price required to maintain continued listing on the New York Stock Exchange (the ‘NYSE’).
お知らせ • Aug 19WeWork to Conduct 1-for-40 Reverse Stock Split to Regain Compliance with the Minimum Closing Price Required to Maintain Continued Listing on the New York Stock ExchangeWeWork Inc. announced that it will proceed with a 1-for-40 reverse stock split of its outstanding shares of Class A common stock and Class C common stock following approval by its board of directors and within the ratio range previously authorized by shareholders at the annual meeting of the company's shareholders on June 12, 2023. The reverse stock split will be effective at 4:01 p.m., Eastern Time, on September 1, 2023. The company’s Class A common stock will begin trading on a post-split basis at the market open on September 5, 2023. The reverse stock split is being effected primarily to increase the company’s per share trading price and to regain compliance with the $1.00 per share minimum closing price required to maintain continued listing on the New York Stock Exchange. The company does not expect the reverse stock split to impact its current or future business operations.
Board Change • Aug 15Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. 1 independent director (8 non-independent directors). Director Alex Clavel is the most experienced director on the board, commencing their role in 2022. Independent Director Manoj Kohli was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
