View ValuationThis company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsLegacy EJY 将来の成長Future 基準チェック /06主要情報n/a収益成長率n/aEPS成長率Specialty Retail 収益成長10.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from US$167.2m to US$127.2m. EPS estimate unchanged at -US$1.31 per share. Specialty Retail industry in the US expected to see average net income decline 7.1% next year. Consensus price target down from US$6.33 to US$4.19. Share price fell 66% to US$0.25 over the past week.分析記事 • Mar 26Earnings Update: Enjoy Technology, Inc. (NASDAQ:ENJY) Just Reported And Analysts Are Trimming Their ForecastsEnjoy Technology, Inc. ( NASDAQ:ENJY ) just released its latest annual report and things are not looking great. It was...Price Target Changed • Mar 24Price target decreased to US$7.86Down from US$8.79, the current price target is an average from 7 analysts. New target price is 110% above last closing price of US$3.75. Stock is down 62% over the past year. The company is forecast to post a net loss per share of US$2.60 next year compared to a net loss per share of US$2.55 last year.すべての更新を表示Recent updatesお知らせ • Nov 15Legacy EJY, Inc. announced delayed 10-Q filingOn 11/14/2022, Legacy EJY, 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 03Comined Liquidation Plan & Disclosure Statement Approved Conditionally for Legacy EJY, Inc.The US Bankruptcy Court conditionally approved the combined plan and disclosure statement of Enjoy Technology, Inc. on November 1, 2022. The debtor had filed its combined disclosure statement and plan in the Court on October 14, 2022. November 1, 2022 has been fixed as voting record date. Any objections to the plan should be made before December 5, 2022 and the confirmation hearing for the plan and disclosure statement has been scheduled for December 13, 2022.お知らせ • Sep 02Asurion, LLC completed the acquisition of Certain Assets of Enjoy Technology, Inc. on August 31, 2022.Asurion, LLC entered into a non-binding letter of intent to acquire Certain Assets of Enjoy Technology, Inc. on July 3, 2022. Asurion, LLC entered into an Asset Purchase Agreement to acquire Certain Assets of Enjoy Technology, Inc. for $110 million on July 25, 2022. The Purchase Agreement provides for aggregate consideration in the amount of up to $110,000,000 subject to various deductions including a $23,800,000 holdback amount. The Holdback is comprised of (i) deferred revenue, (ii) customer chargebacks, (iii) post-closing residuals and (iv) inventory losses, and such amount earned, if any, will be released to the company within eight months following closing of the transaction. Asurion is entitled to a 3% break-up fee. The deal is subject to approval of bankruptcy court and regulations under the HSR Act. The transaction is expected to close on or before August 14, 2022, when the Bankruptcy Court shall have entered the Sale Order. The sale was approved by the Bankruptcy Court on August 12, 2022. Cooley LLP acted as legal advisor to Enjoy Technology, Inc. and Bass, Berry & Sims PLC acted as legal advisor to Asurion, LLC. Asurion, LLC completed the acquisition of Certain Assets of Enjoy Technology, Inc. on August 31, 2022.お知らせ • Aug 16Enjoy Technology, Inc. announced delayed 10-Q filingOn 08/15/2022, Enjoy Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Aug 12Enjoy Technology, Inc. Appoints Todd Zoha as Chief Financial OfficerEnjoy Technology, Inc. announced that as previously disclosed, on June 30, 2022, the company and certain of its wholly owned subsidiaries filed voluntary petitions for reorganization (Reorganization) under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (Bankruptcy Court). As a result of the current status of the company, the Board of Directors of the company, contingent upon and effective on the approval of the Bankruptcy Court of the Engagement Letter, appointed Todd Zoha, a consultant with AP Services, LLC (APS), an affiliate of AlixPartners, LLP to serve as the company’s Chief Financial Officer (CFO). On August 2, 2022, the Bankruptcy Court approved the Engagement Letter, dated July 5, 2022, by and between the Company and APS (Engagement Letter), and the appointment of Mr. Zoha as the company’s CFO. In that capacity Mr. Zoha will serve as the company’s principal financial and accounting officer. Mr. Zoha, age 45, has been a Director of AlixPartners, LLP since July 2018 and has previously provided interim management services to companies as chief restructuring officer and chief financial officer. He previously served as Managing Director at MorrisAnderson & Associates Ltd, a national restructuring firm, from October 2016 to June 2018. From October 2014 to September 2016, Mr. Zoha served as Chief Financial Officer of Stage Capital, LLC, a family office specializing in secondary direct transactions. Mr. Zoha holds an M.B. A in Banking and Finance from Case Western Reserve University and a B.S. in Mathematics and Business Administration from Baldwin Wallace College. The Engagement Letter provides that Mr. Zoha will serve as the Company’s CFO and that APS will charge the Company for Mr. Zoha’s services at a rate of $945 per hour.お知らせ • Jul 28+ 1 more updateFinal DIP Financing Approved for Enjoy Technology, Inc.The US Bankruptcy Court gave an order to Enjoy Technology, Inc. to obtain DIP financing on final basis on July 26, 2022. As per the order, the debtor has been authorized to obtain a DIP loan facility with total amount of up to $55 million from Asurion, LLC. The DIP loan would either carry an interest rate of 12% p.a. accruing monthly, payable in arrears and payable in kind, along with an additional 2% p.a. interest in the event of default. As per the terms of the DIP agreement, the loan carries a closing fee of 2.0% of the entire DIP commitments, which shall be payable in kind on the closing date to the DIP lender and termination fee of 4% of the rapid amount. The DIP facility would mature either on September 30, 2022, if the Final DIP Order has not been entered, 21 calendar days after the Petition Date, or on the effective date of the plan or on the date of consummation of the sale of substantially all assets, whichever is earlier. Adequate protection would be provided to the DIP lenders in the form of super-priority administrative expense claims which is subject to a carve-out of $0.50 million towards unpaid professional fees / administrative expenses and first priority lien upon and security interest in the debtor’s collateral. The proceeds of DIP financing would be used to fund working capital and for other general corporate purposes of the debtors, fund the costs of the administration of the chapter 11 cases and the section 363 sale processes, and fund interest, fees, and other payments contemplated in respect of the DIP facility.お知らせ • Jul 26Asurion, LLC entered into an Asset Purchase Agreement to acquire Certain Assets of Enjoy Technology, Inc. for $110 million.Asurion, LLC entered into an Asset Purchase Agreement to acquire Certain Assets of Enjoy Technology, Inc. for $110 million on July 25, 2022. The Purchase Agreement provides for aggregate consideration in the amount of up to $110,000,000 subject to various deductions including a $23,800,000 holdback amount. The Holdback is comprised of (i) deferred revenue, (ii) customer chargebacks, (iii) post-closing residuals and (iv) inventory losses, and such amount earned, if any, will be released to the company within eight months following closing of the transaction. The deal is subject to approval of bankruptcy court.お知らせ • Jul 09Enjoy Technology, Inc. to Delist from NasdaqAs previously disclosed, on June 30, 2022, Enjoy Technology, Inc. (the “Company”) and certain of its wholly owned subsidiaries, Enjoy Technology LLC and Enjoy Technology Operating Corp., filed voluntary petitions (the “Filings”) under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware. On June 30, 2022, the Company received written notice (the “Delisting Notice”) from the staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Filings and in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the staff of Nasdaq has determined that the Company’s common stock and warrants to purchase common stock (the “Securities”) will be delisted from Nasdaq. In addition, as previously disclosed, on June 17, 2022, the Company received written notice (the “Bid Price Notice”) from Nasdaq notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. In the Delisting Notice, the staff of Nasdaq referenced concerns about the Company’s ability to sustain compliance with all requirements for continued listing on Nasdaq, specifically referencing that certain Bid Price Notice. Trading of the Securities will be suspended at the opening of business on July 11, 2022 and a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Securities from listing on Nasdaq. The Delisting Notice also indicated that the Company may appeal Nasdaq’s determination, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. The Company does not intend to appeal the determination and, therefore, it is expected that the securities will be delisted. As a result, the Securities are expected to begin trading exclusively on the over-the-counter (“OTC”) market on July 11, 2022. On the OTC market, shares of the Company’s common stock and warrants, which previously traded on the Nasdaq under the symbols ENJY and ENJYW, respectively, are expected to trade under the symbols ENJYQ and ENJWQ, respectively.お知らせ • Jul 01+ 1 more updateMotion for Joint Administration Filed by Enjoy Technology, Inc.Enjoy Technology, Inc., along with its affiliates, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on June 30, 2022. As per the motion, the debtor seeks the joint administration of the cases of its affiliates, Enjoy Technology Operating Corp. and Enjoy Technology LLC, with its own case for administrative and procedural purposes. Enjoy Technology, Inc. has been proposed as the lead debtor.お知らせ • Jun 25Enjoy Technology Receives Non-Compliance Notice from NasdaqOn June 17, 2022, Enjoy Technology, Inc. (the Company") received written notice (the Notice") from the Nasdaq Stock Market, LLC (Nasdaq") notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice does not impact the listing of the Company's common stock at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until December 14, 2022, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company's common stock must be at least $1.00 per share for a minimum of ten consecutive business days before December 14, 2022. In the event the Company does not regain compliance within this 180-day period, the Company may be eligible to seek an additional compliance period of 180 calendar days if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the minimum bid price requirement, and provides written notice to Nasdaq of its intent to cure the deficiency during this second compliance period by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice to the Company that its common stock will be subject to delisting.お知らせ • Jun 04Enjoy Technology, Inc. Announces Resignation of Cal R. Hoagland as the Interim Chief Financial Officer, Effective June 1, 2022Enjoy Technology, Inc. announced resignation of Cal R. Hoagland as the interim Chief Financial Officer, effective June 1, 2022 to pursue other opportunities.お知らせ • May 28Enjoy Technology, Inc. Appoints Alan Carr and William Transier to the Board as Class I DirectorsOn May 20, 2022, the Board of Directors of Enjoy Technology, Inc. (the Company), increased the size of the Board to nine members and appointed Alan Carr and William Transier to the Board as Class I directors. Mr. Carr, 52, is and has been since September 2013 the Managing Member and Chief Executive Officer of Drivetrain, LLC, an independent fiduciary services firm. He has been a distressed investing and turnaround professional, with 25 years of experience in principal investing, advisory mandates, and board of directors’ service, including complex financial restructurings and reorganizations in the U.S and Europe. From 2003 to 2013, Mr. Carr was Managing Director at Strategic Value Partners, a global investment firm focused on distressed debt and private equity opportunities. Mr. Carr started his career at Skadden, Arps, Slate, Meagher & Flom LLP and Ravin, Sarasohn, Baumgarten, Fisch & Rosen in corporate restructuring advisory. Mr. Carr currently serves as a director for the following public companies: Sears Holdings Corporation (since October 2018). Mr. Transier, 67, is Chief Executive Officer of Transier Advisors, LLC, an independent advisory firm providing services to companies facing stressed operational situations, turnaround, restructuring or in need of interim executive leadership. Mr. Transier was co-founder of Endeavour International Corporation (“ Endeavour”), an international oil and gas exploration and production company. He served as non-executive Chairman of Endeavour’s board of directors from December 2014 until November 2015. He served from September 2006 until December 2014 as Chairman, Chief Executive Officer and President of Endeavour and as its Chairman and Co-Chief Executive Officer from its formation in February 2004 through September 2006.Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from US$167.2m to US$127.2m. EPS estimate unchanged at -US$1.31 per share. Specialty Retail industry in the US expected to see average net income decline 7.1% next year. Consensus price target down from US$6.33 to US$4.19. Share price fell 66% to US$0.25 over the past week.Reported Earnings • May 17First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: US$0.46 loss per share. Revenue: US$24.0m (up 24% from 1Q 2021). Net loss: US$55.2m (loss widened 40% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 146%, compared to a 8.4% growth forecast for the industry in the US.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chief Administrative Officer & Director Jonathan Mariner was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 12Enjoy Technology, Inc. Announces CFO Changes, Effective April 29, 2022On April 5, 2022, Fareed Khan resigned as the Chief Financial Officer of Enjoy Technology, Inc. effective April 29, 2022 to pursue other opportunities. Effective April 13, 2022, Cal R. Hoagland, a partner in FLG Partners, LLC, a Silicon Valley chief financial officer services and board advisory firm will be retained as the interim Chief Financial Officer and, effective upon the departure of Mr. Khan, shall be the principal financial and accounting officer of the Company until such time as the Company completes its search for a new Chief Financial Officer.分析記事 • Mar 26Earnings Update: Enjoy Technology, Inc. (NASDAQ:ENJY) Just Reported And Analysts Are Trimming Their ForecastsEnjoy Technology, Inc. ( NASDAQ:ENJY ) just released its latest annual report and things are not looking great. It was...Price Target Changed • Mar 24Price target decreased to US$7.86Down from US$8.79, the current price target is an average from 7 analysts. New target price is 110% above last closing price of US$3.75. Stock is down 62% over the past year. The company is forecast to post a net loss per share of US$2.60 next year compared to a net loss per share of US$2.55 last year.お知らせ • Jan 30Enjoy Technology, Inc., Annual General Meeting, May 16, 2022Enjoy Technology, Inc., Annual General Meeting, May 16, 2022, at 09:00 Pacific Standard Time.Board Change • Jan 01High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Director Salaam Smith was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Nov 22Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Denise Smith was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 15Third quarter 2021 earnings released: US$0.82 loss per shareThe company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: US$18.6m (flat on 3Q 2020). Net loss: US$54.4m (flat on 3Q 2020).Board Change • Oct 19No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Legacy EJY は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測OTCPK:ENJY.Q - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/202288-256-201-194N/A3/31/202286-235-193-187N/A12/31/202181-221-181-175N/A9/30/202169-214-150-145N/A6/30/202167-188-133-127N/A3/31/202163-164-115-107N/A12/31/202060-158-103-95N/A12/31/201946-90-97-90N/Aアナリストによる今後の成長予測収入対貯蓄率: ENJY.Qの予測収益成長が 貯蓄率 ( 2% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: ENJY.Qの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: ENJY.Qの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: ENJY.Qの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: ENJY.Qの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ENJY.Qの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance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2022/12/22 08:45終値2022/12/21 00:00収益2022/06/30年間収益2021/12/31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Legacy EJY, 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。6 アナリスト機関William PowerBairdMarvin FongBTIGEric SheridanGoldman Sachs3 その他のアナリストを表示
Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from US$167.2m to US$127.2m. EPS estimate unchanged at -US$1.31 per share. Specialty Retail industry in the US expected to see average net income decline 7.1% next year. Consensus price target down from US$6.33 to US$4.19. Share price fell 66% to US$0.25 over the past week.
分析記事 • Mar 26Earnings Update: Enjoy Technology, Inc. (NASDAQ:ENJY) Just Reported And Analysts Are Trimming Their ForecastsEnjoy Technology, Inc. ( NASDAQ:ENJY ) just released its latest annual report and things are not looking great. It was...
Price Target Changed • Mar 24Price target decreased to US$7.86Down from US$8.79, the current price target is an average from 7 analysts. New target price is 110% above last closing price of US$3.75. Stock is down 62% over the past year. The company is forecast to post a net loss per share of US$2.60 next year compared to a net loss per share of US$2.55 last year.
お知らせ • Nov 15Legacy EJY, Inc. announced delayed 10-Q filingOn 11/14/2022, Legacy EJY, 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 03Comined Liquidation Plan & Disclosure Statement Approved Conditionally for Legacy EJY, Inc.The US Bankruptcy Court conditionally approved the combined plan and disclosure statement of Enjoy Technology, Inc. on November 1, 2022. The debtor had filed its combined disclosure statement and plan in the Court on October 14, 2022. November 1, 2022 has been fixed as voting record date. Any objections to the plan should be made before December 5, 2022 and the confirmation hearing for the plan and disclosure statement has been scheduled for December 13, 2022.
お知らせ • Sep 02Asurion, LLC completed the acquisition of Certain Assets of Enjoy Technology, Inc. on August 31, 2022.Asurion, LLC entered into a non-binding letter of intent to acquire Certain Assets of Enjoy Technology, Inc. on July 3, 2022. Asurion, LLC entered into an Asset Purchase Agreement to acquire Certain Assets of Enjoy Technology, Inc. for $110 million on July 25, 2022. The Purchase Agreement provides for aggregate consideration in the amount of up to $110,000,000 subject to various deductions including a $23,800,000 holdback amount. The Holdback is comprised of (i) deferred revenue, (ii) customer chargebacks, (iii) post-closing residuals and (iv) inventory losses, and such amount earned, if any, will be released to the company within eight months following closing of the transaction. Asurion is entitled to a 3% break-up fee. The deal is subject to approval of bankruptcy court and regulations under the HSR Act. The transaction is expected to close on or before August 14, 2022, when the Bankruptcy Court shall have entered the Sale Order. The sale was approved by the Bankruptcy Court on August 12, 2022. Cooley LLP acted as legal advisor to Enjoy Technology, Inc. and Bass, Berry & Sims PLC acted as legal advisor to Asurion, LLC. Asurion, LLC completed the acquisition of Certain Assets of Enjoy Technology, Inc. on August 31, 2022.
お知らせ • Aug 16Enjoy Technology, Inc. announced delayed 10-Q filingOn 08/15/2022, Enjoy Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Aug 12Enjoy Technology, Inc. Appoints Todd Zoha as Chief Financial OfficerEnjoy Technology, Inc. announced that as previously disclosed, on June 30, 2022, the company and certain of its wholly owned subsidiaries filed voluntary petitions for reorganization (Reorganization) under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (Bankruptcy Court). As a result of the current status of the company, the Board of Directors of the company, contingent upon and effective on the approval of the Bankruptcy Court of the Engagement Letter, appointed Todd Zoha, a consultant with AP Services, LLC (APS), an affiliate of AlixPartners, LLP to serve as the company’s Chief Financial Officer (CFO). On August 2, 2022, the Bankruptcy Court approved the Engagement Letter, dated July 5, 2022, by and between the Company and APS (Engagement Letter), and the appointment of Mr. Zoha as the company’s CFO. In that capacity Mr. Zoha will serve as the company’s principal financial and accounting officer. Mr. Zoha, age 45, has been a Director of AlixPartners, LLP since July 2018 and has previously provided interim management services to companies as chief restructuring officer and chief financial officer. He previously served as Managing Director at MorrisAnderson & Associates Ltd, a national restructuring firm, from October 2016 to June 2018. From October 2014 to September 2016, Mr. Zoha served as Chief Financial Officer of Stage Capital, LLC, a family office specializing in secondary direct transactions. Mr. Zoha holds an M.B. A in Banking and Finance from Case Western Reserve University and a B.S. in Mathematics and Business Administration from Baldwin Wallace College. The Engagement Letter provides that Mr. Zoha will serve as the Company’s CFO and that APS will charge the Company for Mr. Zoha’s services at a rate of $945 per hour.
お知らせ • Jul 28+ 1 more updateFinal DIP Financing Approved for Enjoy Technology, Inc.The US Bankruptcy Court gave an order to Enjoy Technology, Inc. to obtain DIP financing on final basis on July 26, 2022. As per the order, the debtor has been authorized to obtain a DIP loan facility with total amount of up to $55 million from Asurion, LLC. The DIP loan would either carry an interest rate of 12% p.a. accruing monthly, payable in arrears and payable in kind, along with an additional 2% p.a. interest in the event of default. As per the terms of the DIP agreement, the loan carries a closing fee of 2.0% of the entire DIP commitments, which shall be payable in kind on the closing date to the DIP lender and termination fee of 4% of the rapid amount. The DIP facility would mature either on September 30, 2022, if the Final DIP Order has not been entered, 21 calendar days after the Petition Date, or on the effective date of the plan or on the date of consummation of the sale of substantially all assets, whichever is earlier. Adequate protection would be provided to the DIP lenders in the form of super-priority administrative expense claims which is subject to a carve-out of $0.50 million towards unpaid professional fees / administrative expenses and first priority lien upon and security interest in the debtor’s collateral. The proceeds of DIP financing would be used to fund working capital and for other general corporate purposes of the debtors, fund the costs of the administration of the chapter 11 cases and the section 363 sale processes, and fund interest, fees, and other payments contemplated in respect of the DIP facility.
お知らせ • Jul 26Asurion, LLC entered into an Asset Purchase Agreement to acquire Certain Assets of Enjoy Technology, Inc. for $110 million.Asurion, LLC entered into an Asset Purchase Agreement to acquire Certain Assets of Enjoy Technology, Inc. for $110 million on July 25, 2022. The Purchase Agreement provides for aggregate consideration in the amount of up to $110,000,000 subject to various deductions including a $23,800,000 holdback amount. The Holdback is comprised of (i) deferred revenue, (ii) customer chargebacks, (iii) post-closing residuals and (iv) inventory losses, and such amount earned, if any, will be released to the company within eight months following closing of the transaction. The deal is subject to approval of bankruptcy court.
お知らせ • Jul 09Enjoy Technology, Inc. to Delist from NasdaqAs previously disclosed, on June 30, 2022, Enjoy Technology, Inc. (the “Company”) and certain of its wholly owned subsidiaries, Enjoy Technology LLC and Enjoy Technology Operating Corp., filed voluntary petitions (the “Filings”) under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware. On June 30, 2022, the Company received written notice (the “Delisting Notice”) from the staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Filings and in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the staff of Nasdaq has determined that the Company’s common stock and warrants to purchase common stock (the “Securities”) will be delisted from Nasdaq. In addition, as previously disclosed, on June 17, 2022, the Company received written notice (the “Bid Price Notice”) from Nasdaq notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. In the Delisting Notice, the staff of Nasdaq referenced concerns about the Company’s ability to sustain compliance with all requirements for continued listing on Nasdaq, specifically referencing that certain Bid Price Notice. Trading of the Securities will be suspended at the opening of business on July 11, 2022 and a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Securities from listing on Nasdaq. The Delisting Notice also indicated that the Company may appeal Nasdaq’s determination, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. The Company does not intend to appeal the determination and, therefore, it is expected that the securities will be delisted. As a result, the Securities are expected to begin trading exclusively on the over-the-counter (“OTC”) market on July 11, 2022. On the OTC market, shares of the Company’s common stock and warrants, which previously traded on the Nasdaq under the symbols ENJY and ENJYW, respectively, are expected to trade under the symbols ENJYQ and ENJWQ, respectively.
お知らせ • Jul 01+ 1 more updateMotion for Joint Administration Filed by Enjoy Technology, Inc.Enjoy Technology, Inc., along with its affiliates, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on June 30, 2022. As per the motion, the debtor seeks the joint administration of the cases of its affiliates, Enjoy Technology Operating Corp. and Enjoy Technology LLC, with its own case for administrative and procedural purposes. Enjoy Technology, Inc. has been proposed as the lead debtor.
お知らせ • Jun 25Enjoy Technology Receives Non-Compliance Notice from NasdaqOn June 17, 2022, Enjoy Technology, Inc. (the Company") received written notice (the Notice") from the Nasdaq Stock Market, LLC (Nasdaq") notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice does not impact the listing of the Company's common stock at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until December 14, 2022, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company's common stock must be at least $1.00 per share for a minimum of ten consecutive business days before December 14, 2022. In the event the Company does not regain compliance within this 180-day period, the Company may be eligible to seek an additional compliance period of 180 calendar days if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the minimum bid price requirement, and provides written notice to Nasdaq of its intent to cure the deficiency during this second compliance period by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice to the Company that its common stock will be subject to delisting.
お知らせ • Jun 04Enjoy Technology, Inc. Announces Resignation of Cal R. Hoagland as the Interim Chief Financial Officer, Effective June 1, 2022Enjoy Technology, Inc. announced resignation of Cal R. Hoagland as the interim Chief Financial Officer, effective June 1, 2022 to pursue other opportunities.
お知らせ • May 28Enjoy Technology, Inc. Appoints Alan Carr and William Transier to the Board as Class I DirectorsOn May 20, 2022, the Board of Directors of Enjoy Technology, Inc. (the Company), increased the size of the Board to nine members and appointed Alan Carr and William Transier to the Board as Class I directors. Mr. Carr, 52, is and has been since September 2013 the Managing Member and Chief Executive Officer of Drivetrain, LLC, an independent fiduciary services firm. He has been a distressed investing and turnaround professional, with 25 years of experience in principal investing, advisory mandates, and board of directors’ service, including complex financial restructurings and reorganizations in the U.S and Europe. From 2003 to 2013, Mr. Carr was Managing Director at Strategic Value Partners, a global investment firm focused on distressed debt and private equity opportunities. Mr. Carr started his career at Skadden, Arps, Slate, Meagher & Flom LLP and Ravin, Sarasohn, Baumgarten, Fisch & Rosen in corporate restructuring advisory. Mr. Carr currently serves as a director for the following public companies: Sears Holdings Corporation (since October 2018). Mr. Transier, 67, is Chief Executive Officer of Transier Advisors, LLC, an independent advisory firm providing services to companies facing stressed operational situations, turnaround, restructuring or in need of interim executive leadership. Mr. Transier was co-founder of Endeavour International Corporation (“ Endeavour”), an international oil and gas exploration and production company. He served as non-executive Chairman of Endeavour’s board of directors from December 2014 until November 2015. He served from September 2006 until December 2014 as Chairman, Chief Executive Officer and President of Endeavour and as its Chairman and Co-Chief Executive Officer from its formation in February 2004 through September 2006.
Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from US$167.2m to US$127.2m. EPS estimate unchanged at -US$1.31 per share. Specialty Retail industry in the US expected to see average net income decline 7.1% next year. Consensus price target down from US$6.33 to US$4.19. Share price fell 66% to US$0.25 over the past week.
Reported Earnings • May 17First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: US$0.46 loss per share. Revenue: US$24.0m (up 24% from 1Q 2021). Net loss: US$55.2m (loss widened 40% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 146%, compared to a 8.4% growth forecast for the industry in the US.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chief Administrative Officer & Director Jonathan Mariner was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 12Enjoy Technology, Inc. Announces CFO Changes, Effective April 29, 2022On April 5, 2022, Fareed Khan resigned as the Chief Financial Officer of Enjoy Technology, Inc. effective April 29, 2022 to pursue other opportunities. Effective April 13, 2022, Cal R. Hoagland, a partner in FLG Partners, LLC, a Silicon Valley chief financial officer services and board advisory firm will be retained as the interim Chief Financial Officer and, effective upon the departure of Mr. Khan, shall be the principal financial and accounting officer of the Company until such time as the Company completes its search for a new Chief Financial Officer.
分析記事 • Mar 26Earnings Update: Enjoy Technology, Inc. (NASDAQ:ENJY) Just Reported And Analysts Are Trimming Their ForecastsEnjoy Technology, Inc. ( NASDAQ:ENJY ) just released its latest annual report and things are not looking great. It was...
Price Target Changed • Mar 24Price target decreased to US$7.86Down from US$8.79, the current price target is an average from 7 analysts. New target price is 110% above last closing price of US$3.75. Stock is down 62% over the past year. The company is forecast to post a net loss per share of US$2.60 next year compared to a net loss per share of US$2.55 last year.
お知らせ • Jan 30Enjoy Technology, Inc., Annual General Meeting, May 16, 2022Enjoy Technology, Inc., Annual General Meeting, May 16, 2022, at 09:00 Pacific Standard Time.
Board Change • Jan 01High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Director Salaam Smith was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Nov 22Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Denise Smith was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 15Third quarter 2021 earnings released: US$0.82 loss per shareThe company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: US$18.6m (flat on 3Q 2020). Net loss: US$54.4m (flat on 3Q 2020).
Board Change • Oct 19No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.