Following Stocks are showing “Biggest Moves“, during the current trading session: Voltari Corp (NASDAQ:VLTC), Everyware Global Inc (NASDAQ:EVRY)

• Voltari Corp (NASDAQ:VLTC), with shares skyrocketed 151.39% is now trading at $2.55. The Stock is active as 3.61M shares changed hands versus its average volume of 16,091.00 shares.

• Everyware Global Inc (NASDAQ:EVRY), with shares dwindled -81.68% is now trading at $0.220, hitting new 52-week low of $0.19. The Stock is active as 1.41M shares changed hands versus its average volume of 46,148.00 shares.

Latest NEWS regarding these Stocks are depicted underneath:

Voltari Corporation (NASDAQ:VLTC)

Activist investor Carl Icahn revealed a stake in the mobile ad corporation. For that reason Voltari Corporation (VLTC)’s stock skyrocketed during an early morning trade.

Icahn revealed that he owns about 4.74 million shares of Voltari, giving the investor a 52.3% stake in the corporation. The disclosure of Icahn’s stake in Voltari comes after the corporation declared the closing of a rights offering which gave shareholders the option to buy up to 4.3 million shares of ordinary stock in the corporation. The corporation received net proceeds of $4.6 million from the rights offering.

Formerly on Monday, the company declared that it has closed its formerly declared offering of transferable subscription rights to purchase up to an aggregate of 4,300,000 shares of the Corporation’s ordinary stock, $0.001 par value per share. The Rights Offering was launched on February 27, 2015, to stockholders of record on February 3, 2015, and expired at 5:00 p.m., New York City time, on March 20, 2015.

The Rights Offering was fully subscribed and, as such, the Corporation issued 4,300,000 shares of its ordinary stock for total net proceeds of $4.6 million, after fees and expenses.

Voltari empowers its customers (counting brands, marketers and advertising agencies) to maximize the reach and economic potential of the mobile ecosystem through the delivery of relevance-driven merchandising, digital marketing and advertising solutions, primarily over smartphones and other mobile devices.

EveryWare Global, Inc. (NASDAQ:EVRY)

Today, EveryWare Global, Inc. (EVRY), declared that it has reached a contract with its secured lenders on a comprehensive balance-sheet restructuring that, among other things, will substantially reduce the Corporation’s long-term debt.

The prepackaged bankruptcy plan is predictable to allow the Corporation to operate its business in the ordinary course throughout the restructuring. The Corporation also believes this plan will minimize the time and expense spent in restructuring and will provide for sufficient liquidity during the restructuring.

Importantly, the restructuring plan will create a sustainable capital structure that will ensure that the Corporation is well positioned to invest in the business and pursue future growth opportunities.

“We are happy to have the support of our lenders to move forward with a restructuring plan that addresses our balance sheet to secure a bright future for our corporation,” said Sam Solomon, President and CEO of EveryWare Global. “We have made considerable progress improving our day-to-day operations and this restructuring plan strengthens the Corporation’s balance sheet for long-term success. We are confident that this plan is in the best interest of our customers, vendors, employees and our business partners.”

To implement the restructuring, the Corporation anticipates to file voluntary petitions for a prepackaged chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware.

EveryWare Global, Inc. provides tabletop and food preparation products for the consumer, foodservice, and specialty markets. The corporation operates through four segments: Consumer, Foodservice, Specialty, and International.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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