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ARO Liquidation Inc. (AROPQ)

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Last Post: 12/7/2017 5:26:40 PM - Followers: 129 - Board type: Free - Posts Today: 0

112 W 34th Street
New York, NY 10120
Phone: 646-485-5398
Fax: 646-485-5430
Web Site: http://www.aeropostale.com

Aeropostale, Inc. operates as a mall-based specialty retailer of casual apparel and accessories for young women and men in the United States. It designs, markets, and sells active-oriented, fashion and fashion basic merchandise principally targeting 11 to 18 year-old young women and young men under its own brands. The company offers graphic t-shirts, tops, bottoms, sweaters, jeans, outerwear, and accessories. As of April 5, 2006, the company operated 683 stores, consisting of 669 Aeropostale stores and 14 Jimmy’Z stores. Aeropostale also sells its products online through its e-commerce Web site at aeropostale.com and through organized sales events at college campuses. The company was founded in 1987 and is headquartered in New York City.

Aeropostale Website: http://www.aeropostale.com/shop/index.jsp?categoryId=3534619

Aeropostale Facebook: https://www.facebook.com/Aeropostale/?fref=ts

Aeropostale Share Structure: Authorized Shares 200,000,000 as of January 8th 2016
                                           Outstanding Shares 79,994,458 as of December 02 2015
                                           Float 78,374,327 as of December 02 2015
 

Bankrupt Aéropostale, Clothing Supplier Reach Settlement


http://www.wsj.com/articles/bankrupt-retailer-aeropostale-clothing-supplier-reach-settlement-1463075196

AROPQ News $160mil DIP Financing, This financing, combined with Aropostale's operating cash flow, will allow the Company to meet its financial commitments and enable Aropostale to focus on completing its restructuring process,confirming a plan of reorganization and emergence from Chapter 11 

Aropostale, Inc. Receives Final Approval For $160 Million In DIP Financing PR Newswire "Press Releases US - English" 

NEW YORK , June 10, 2016 /PRNewswire/ --Aropostale, Inc. (OTC Pink:AROPQ), a specialty retailer of casual apparel for young women and men, today announced that the United States Bankruptcy Court for the Southern District of New York has given final approval for the Company to access $160 million in debtor in-possession ("DIP") financing provided by Crystal Financial LLC . The Court previously had given interim approval for the DIP financing agreement on May 5, 2016 . This financing, combined with Aropostale's operating cash flow, will allow the Company to meet its financial commitments and enable Aropostale to focus on completing its restructuring process,confirming a plan of reorganization and emergence from Chapter 11 during the third quarter of 2016. 

"We are pleased that the Court has approved our DIP financing," said Julian Geiger , Chief Executive Officer. "We are looking forward to emerging from this process as a leaner, more efficient business and firmly believe that we will be well-positioned to compete and succeed in today's retail environment." 

As announced on May 4, 2016 , Aropostale filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy code in the United States Bankruptcy Court for the Southern District of New York in an effort to optimize its store footprint, renegotiate burdensome contracts, resolve its ongoing disputes with Sycamore Partners and achieve long-term financial stability. 

Additional information can be found at www.ARORestructuring.com. Suppliers and landlords may call our support center +1 (917) 877-5966 or toll-free at +1 (855) 360-2999. They also may email suppliers@aeropostale.com or landlords@aeropostale.com. 

Aropostale is advised in this transaction by Weil, Gotshal & Manges LLP , Stifel Financial Corp. and FTI Consulting. 

About Aropostale, Inc. 

Aropostale, Inc. is a specialty retailer of casual apparel and accessories, principally serving young women and men through its Aropostale and Aropostale Factory stores and website and 4 to 12 year-olds through its P.S. from Aropostale stores and website.The Company provides customers with a focused selection of high quality fashion and fashion basic merchandise at compelling values in an exciting and customer friendly store environment. Aropostale maintains control over its proprietary brands by designing, sourcing, marketing and selling all of its own merchandise.As of May 1, 2016 the Company operated 739 Aropostale stores in 50 states andPuerto Rico, 41 Aropostale stores inCanadaand 25 P.S. from Aropostale stores in 12 states. In addition, pursuant to various licensing agreements, the Company's licensees currently operate 322 Aropostale and P.S. from Aropostale locations in theMiddle East,Asia,Europe, and Latin America. SinceNovember 2012, Aropostale, Inc. has operated GoJane.com, an online women's fashion footwear and apparel retailer. 



Media Contact: Rachel Rosenblatt , FTI Consulting (212) 850-5697 orRachel.Rosenblatt@FTIConsulting.com 

Investor Contact: Effie Veres,FTI Consulting (212) 850-5600 or Effie.Veres@FTIConsulting.com 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/aeropostale-inc-receives-final-approval-for-160-million-in-dip-financing-300283105.html 

SOURCE Aeropostale, Inc. 



 
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AROPQ News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 12/08/2017 04:53:55 PM
AROPQ News: Current Report Filing (8-k) 11/03/2017 05:08:21 PM
AROPQ News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 09/21/2017 06:05:12 AM
AROPQ News: Current Report Filing (8-k) 08/09/2017 05:15:34 PM
AROPQ News: Current Report Filing (8-k) 07/11/2017 05:30:26 PM
PostSubject
#8472   exactly, that's why I reduced my position (at rdsmalltimeinvestor 12/07/17 05:26:39 PM
#8471   again, with only 1 institutional investor (and only indymx 12/07/17 09:52:58 AM
#8470   same here, I learned a valuable lesson from rdsmalltimeinvestor 12/06/17 11:23:53 PM
#8469   Actually I learned a lot from this. Basically CanItBThisEZ2Make 12/06/17 09:45:25 PM
#8468   I bought into aropq right after it filed rdsmalltimeinvestor 12/06/17 04:39:29 PM
#8467   I think the point you are missing is indymx 12/06/17 08:29:41 AM
#8466   Yes, I have said wait and see for CanItBThisEZ2Make 12/05/17 08:07:03 PM
#8465   I've been seeing you and a couple others indymx 12/05/17 08:21:47 AM
#8464   I didn't say this was a sure thing, CanItBThisEZ2Make 12/04/17 08:03:31 PM
#8463   With only 1 institutional shareholder, how is this indymx 12/04/17 09:19:58 AM
#8462   You see that 'Investment In Subsidiary' $301 million MasterBlastr 12/01/17 11:04:32 PM
#8461   Total Net Assets = 41.334 Million Dollars as CanItBThisEZ2Make 12/01/17 10:23:55 PM
#8460   They took over the stores but the company MasterBlastr 12/01/17 10:01:36 AM
#8459   This paragraph from their last 10-k should be indymx 12/01/17 09:47:40 AM
#8458   Hi MasterBlastr, FunStuff 12/01/17 08:52:42 AM
#8457   Pretty good quiet with immediate family . . . MasterBlastr 11/29/17 09:01:13 PM
#8456   okay, that's cool Briboy 11/29/17 06:36:45 PM
#8455   I don't remember your posts more than a MasterBlastr 11/22/17 09:09:50 PM
#8454   I already said I was "out to lunch" and Briboy 11/22/17 10:30:29 AM
#8453   You can DD hard but you weren't looking MasterBlastr 11/17/17 09:27:23 PM
#8452   Finally, someone with common sense. Briboy 11/17/17 10:18:22 AM
#8451   Yeah I was "out to lunch" my bad Briboy 11/17/17 10:17:31 AM
#8450   No not blind......hours of study Briboy 11/17/17 10:15:05 AM
#8449   Of course I have winners. Look Briboy 11/17/17 10:06:23 AM
#8448   *fades into the gun smoke* Time to creep JayBoyd 11/13/17 09:49:48 AM
#8447   DOH! indymx 11/07/17 08:27:28 AM
#8446   LOL! chrislal 11/06/17 10:09:18 PM
#8445   He was talking about his total account value. MasterBlastr 11/06/17 08:58:29 PM
#8444   It All Depends on What Happens on December 12th: CanItBThisEZ2Make 11/06/17 08:37:52 PM
#8443   I still don't understand how this Liquidation Company indymx 11/06/17 02:32:50 PM
#8442   Your entire position . . oh I see. MasterBlastr 11/06/17 09:33:19 AM
#8441   Weeeeeeeeeee gonna be lookin at 3 bucks by Christmas jz8000 11/06/17 07:41:35 AM
#8440   Ok but wheres the 'weeeeeeeeee' ? Please MasterBlastr 11/05/17 08:09:59 PM
#8439   3 bucks by Christmas jz8000 11/05/17 08:01:18 PM
#8438   The liquidation continues . . . no hope MasterBlastr 10/31/17 11:06:22 PM
#8437   The Latest MOR, Lets see what the rest CanItBThisEZ2Make 10/31/17 08:51:51 PM
#8436   3 bucks by Christmas jz8000 10/19/17 01:30:16 PM
#8435   Going Back Up!! CanItBThisEZ2Make 10/17/17 05:38:38 PM
#8434   Probably ambiguity . . . I mask my MasterBlastr 10/10/17 11:07:40 PM
#8433   You flipped this 3 times successfully between April CanItBThisEZ2Make 10/10/17 10:24:44 PM
#8432   Did I flip this once upon a time, MasterBlastr 10/10/17 09:57:49 PM
#8431   Ohhh yesyes....You got in and made 10 percent CanItBThisEZ2Make 10/10/17 09:45:46 PM
#8430   Ohhh noonono . . . I never got MasterBlastr 10/09/17 12:28:21 AM
#8429   Good Answer, I am going to interrupt that CanItBThisEZ2Make 10/08/17 10:49:30 PM
#8428   Looks like whoever it was came to his MasterBlastr 10/07/17 04:41:30 AM
#8427   375,140 Buys on the Ask to only 27,915 CanItBThisEZ2Make 10/06/17 11:42:03 PM
#8426   Well, It finally made it below .01 today. CASHOUTKING 10/04/17 12:20:22 PM
#8425   Were you ever able to wave your hands MasterBlastr 09/28/17 10:15:15 PM
#8424   Woo Hoo, 9 Million Dollar Ending Book Value, CanItBThisEZ2Make 09/28/17 09:39:04 PM
#8423   OH I am so happy you are still CanItBThisEZ2Make 09/28/17 08:23:28 PM
PostSubject