StocksMedium•9 November 2026•
1 min read
SEAT Proposes $200M Debt Recapitalization Amid Wider-Than-Expected Q3 Loss
Key Facts
1SEAT proposed a lender recapitalization plan targeting approximately $200 million in debt reduction.
2The company reported a loss per share of $1.54, wider than the estimated loss of $0.92.
3Q3 revenue reached $126.89 million, falling below the expected $128.63 million.
SEAT proposed a lender recapitalization plan targeting approximately $200 million in debt reduction and extended maturities. According to TradingView, the company reported a loss per share of $1.54 for the third quarter of 2026, which was wider than the estimated loss of $0.92 per share.
Q3 revenue reached $126.89 million, falling short of the $128.63 million expected by analysts. Despite the revenue decline and financial pressure, the company maintained its full-year 2026 guidance while moving forward with its strategic plan to reduce liabilities.