Published 2 days ago • loading... • Updated 2 days ago

PLENTY COMPLETES RESTRUCTURING, EMERGES FROM CHAPTER 11

Plenty Unlimited Inc. Emerged from chapter 11 bankruptcy on May 29, 2025, as confirmed by the U.S. Bankruptcy Court in Texas, announcing from Laramie, Wyoming.
The emergence followed Plenty's successful negotiation with creditors and interim funding from One Madison and SoftBank, enabling a swift reorganization process.
Plenty uses a proprietary vertical farming platform to grow fresh produce year-round with exponentially higher yield and efficiency than traditional farms.
Omar Asali of One Madison stated that Plenty has become a more streamlined and effective organization, ready to increase its output of high-quality strawberries in partnership with leading industry players.
Plenty plans to expand its Richmond farm capacity, resume construction, and bring locally grown strawberries year-round to communities through technology-driven farm sales.

Insights by Ground AI

Does this summary seem wrong?

28 Articles

All

Left

Center

Right

The Billings Gazette

+26 Reposted by 26other sources

Center

PLENTY COMPLETES RESTRUCTURING, EMERGES FROM CHAPTER 11

Closes funding to bring locally grown strawberries to communities year-round

2 days ago·Billings, United States

Read Full Article

pressreach.com

PLENTY COMPLETES RESTRUCTURING, EMERGES FROM CHAPTER 11 - PressReach

Closes funding to bring locally grown strawberries to communities year-round LARAMIE, Wyo., May 29, 2025 /PRNewswire/ — Plenty Unlimited Inc. (“Plenty” or the “Company”), an innovative agricultural technology company with a unique indoor vertical farming platform, today announced that it has successfully emerged from chapter 11, after the United States Bankruptcy Court for the Southern District of Texas confirmed its plan of reorganization. “Thi…

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year