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Hertz Global Holdings, Inc. (HTZGQ)

Other OTC - Other OTC Delayed Price. Currency in USD
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6.80+0.40 (+6.25%)
At close: 3:59PM EDT
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Chart Events
Neutralpattern detected
Previous Close6.40
BidN/A x N/A
AskN/A x N/A
Day's Range6.39 - 7.30
52 Week Range0.40 - 7.30
Avg. Volume5,841,741
Market Cap1.062B
Beta (5Y Monthly)2.41
PE Ratio (TTM)N/A
Earnings DateAug 09, 2021 - Aug 13, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • Hertz Selects $6 Billion Bid From Knighthead, Certares And Apollo To Fund Chapter 11 Exit
    PR Newswire

    Hertz Selects $6 Billion Bid From Knighthead, Certares And Apollo To Fund Chapter 11 Exit

    Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") today announced that, following the completion of the auction previously approved by the Court in its Chapter 11 case, Hertz has selected and approved a revised proposal from certain funds and accounts managed by affiliates of each of Knighthead Capital Management LLC ("Knighthead"), Certares Opportunities LLC ("Certares") and Apollo Capital Management, LP ("Apollo" and together with Knighthead and Certares, the "KHCA Group") to provide the equity capital required to fund Hertz's revised Plan of Reorganization and exit from Chapter 11. The proposed agreements with the KHCA Group, as well as any necessary modifications to the Plan and solicitation procedures, are subject to the approval of the Bankruptcy Court at a hearing scheduled for Friday, May 14, 2021.