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Keith Larson

Keith Larson

Group Content Director at Endeavor Business Media; editor and host of Control Amplified podcast covering process automation and industrial control.

Jun 15, 2026

2:38
Yeah, it seems like a pretty quick downfall from a two hundred million dollar raise to bankruptcy.
2:43
Yeah.
2:43
So they defaulted on their first payment, which is pretty crazy and pretty unlikely because they had a valuation on these camps alone of about over four hundred million dollars.
2:54
So the bond raise was, you know, about half of that.
2:56
So the camps were worth a lot more.
2:59
And thirteen camps also had...
3:01
The raise was secured by thirteen camps, so the bond holders had a lien on thirteen camps.
6:10
And what has the reaction been in Israel from what you've seen? What recourse do the bond holders have?

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