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ARO Liquidation Inc. (fka AROPQ)
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6/15/2018 9:52:20 PM
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112 W 34th Street
New York, NY 10120
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 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
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 firstname.lastname@example.org or email@example.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:
SOURCE Aeropostale, Inc.
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My Stocks (65)
06/15/18 09:52:19 PM
They were so far in the hole that
04/29/18 11:53:20 AM
Thanks......I just asked a question about it,
04/29/18 10:52:21 AM
I realize this company is in bankruptcy with
04/29/18 10:45:39 AM
04/29/18 01:09:58 AM
So, people that held when the symbol became
04/26/18 07:41:01 PM
Yes as long as a few here grow
04/19/18 10:40:56 PM
I guess it's over. Not sure if that's
04/19/18 12:55:36 PM
AROPQ FINRA Deleted Symbol
04/18/18 11:00:50 PM
Too bad they have nothing left to make
03/16/18 09:27:19 PM
ONLY 54 MILLION IN DEBT:
03/16/18 08:54:27 PM
The best part is the amount of people
03/14/18 10:44:44 PM
You Are Probably Correct, Just saying superstition, SEC
03/14/18 09:35:27 PM
Thanks. We cling to that Psalm daily.
03/14/18 09:31:32 PM
I think you are missing a critical point.
03/13/18 02:56:23 PM
And this is why I didn't sell on superstition:
03/12/18 10:27:37 PM
Love the use of your name!
03/11/18 03:06:14 PM
Ah. I'm an idiot. Thank you.
03/08/18 04:19:50 PM
That other one was an Israeli scam from
03/08/18 04:29:28 AM
Again, the stores are no longer associated with
03/08/18 04:24:58 AM
Faith in ARO. We live near three ARO
03/07/18 10:45:27 PM
We can avoid some of these boards and
03/07/18 10:37:19 PM
I still have some too but I'm loaded
03/07/18 09:50:30 PM
I still have some, but sold a lot
03/07/18 08:51:59 PM
Wasn't listening . . . I'm liking N.W.B.O
03/05/18 09:22:02 PM
You still in BIEI? What are your thoughts
03/05/18 08:49:17 PM
I wonder how many on this board took
03/05/18 05:21:26 PM
That's the part that baffles me about this.
01/26/18 09:23:09 AM
But AROPQ doesn't own them.
01/25/18 11:53:13 PM
I've seen stocks where some[body]
01/25/18 04:54:08 PM
Only makes me think that someone hates their
01/04/18 08:49:47 AM
Who bought 600k shares today. I know it's
01/03/18 06:53:27 PM
4200 bucks buy wow!...
01/03/18 04:22:29 PM
Yes but there is a 100% chance that
01/03/18 05:44:21 AM
No matter how improbable there is still a chance.
01/02/18 07:35:30 AM
If you really want to be honest it
12/31/17 08:53:57 AM
Want a Good Laugh? Why would someone do
12/31/17 08:43:28 AM
I think that the mall people that bought
12/30/17 03:24:50 PM
But if you really want to be honest,
12/28/17 09:19:53 AM
In all serious the best reasonable optimistic end
12/27/17 08:08:30 PM
What's the best reasonable optimistic end...?
12/27/17 12:31:56 PM
I wouldn't, I am just not selling on
12/22/17 08:42:29 PM
Still here still holding I am just stubborn
12/22/17 08:34:49 PM
Something is coming or you would not be
12/18/17 09:45:43 PM
You mean the dead ox bounce ??
12/18/17 09:22:56 PM
Is that you loading up? I think you
12/18/17 09:10:49 PM
I never thought of flushing your money down
12/16/17 02:48:15 PM
Hey, I said from the beginning I considered
12/15/17 09:30:08 PM
Glad to help . . . if having
12/15/17 08:54:43 PM
I was just checking to see if you
12/15/17 05:44:11 PM
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My Stocks (65)
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