SilverChef Risk Report

🛡️ Financial & Liquidity

SilverChef has faced significant financial risks in recent years, notably dealing with issues that range from fraudulent activities to strategic business moves, impacting its standing in the financial market. The company has experienced considerable financial instability, requiring substantial financial arrangements and divestitures to maintain liquidity and creditworthiness. There has been a constant stream of events relating to acquisitions, fraud, and equity fundraising.

• SilverChef was a victim in a significant $3 million fraud scam 🗓 2016-11-18, raising concerns about their financial controls.
• Following the fraud, their shares suffered a severe market reaction 🗓 2016-11-18.
• SilverChef announced a $60 million raising 🗓 2019-09-05 to stabilize its financial standing amidst ongoing challenges.
• Next Capital acquired SilverChef in a favorable deal, signaling a strategic shift 🗓 2019-07-03.
• The company announced a $300 million syndicated banking facility 🗓 2015-09-04 to bolster liquidity.