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Briggs and Stratton Corp

Briggs and Stratton Corp (BGG)

0.7768
0.00
(0.00%)
Closed March 28 04:00PM
0.00
0.00
(0.00%)

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Key stats and details

Current Price
0.7768
Bid
-
Ask
-
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Previous Close
0.7768
Open
-
Last Trade
Last Trade Time
-
Average Volume (3m)
-
Financial Volume
-
VWAP
-

BGG Latest News

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PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120000000CS
260000000CS
520000000CS
1560000000CS
2600000000CS

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BGG Discussion

View Posts
bc521 bc521 3 years ago
LMAO... that's funny.. Not sure where this person got their info but I work for briggs(now kps). After they payed the execs 5 mil each and filed bankruptcy 2 days later. They were out for sure. Not sure what kind of hope ppl were trying to hold on to here. Just popped in cause I was curious if there was even a share price left.
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Renee Renee 3 years ago
BGGSQ BK PLAN effective. All shares cancelled. The stock was up 14% to .16 on 950,000 volume despite the PLAN clearly stating the shares would be cancelled. Quite incomprehensible.

https://otce.finra.org/otce/dailyList?viewType=Deletions
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MDmojo MDmojo 3 years ago
when
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MDmojo MDmojo 3 years ago
this post didn't age well
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ALL-IN888 ALL-IN888 3 years ago
Holy Sheet, .28 KABOOOMAGE End of Day Massive Loading!!! $$$$ .30's .40's .50's all the way to 1.00 incoming!!
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ALL-IN888 ALL-IN888 3 years ago
This is Setting up to explode above .40 - .50 this week! Perfect Consolidation near Breakout Trigger above .36 You will remember this day, I told you to Buy when you had the chance to load up under .30 ^^^^^ 400 Ticks Green Candle Baby!!! $$$
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ALL-IN888 ALL-IN888 3 years ago
.28 Now and climbing BOOOM!! Better Load up now while still under .36 Breakout Trigger!! UPLMQ did the same strategy, from 8.00 they Filed for BK then let it Tank hard to .16 then they announced that they were re-merging for BK stock exploded from .16 back to the 8.00's LOL Its about getting rid of the huge Debt!!!
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Bigblock496 Bigblock496 3 years ago
Can you explain or tell me were to find the information that says the commons are going to be intact ??? Thank you.
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ALL-IN888 ALL-IN888 3 years ago
Idiots sitting @ the Bids are Fools, MMs Wont fill your bids anymore, Slap the ASk hard all the way to .50 Cheezus!!!
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ALL-IN888 ALL-IN888 3 years ago
Its like a Brand Spanking new company with a new CEO, starting Out fresh!! NO DEBT!!!!
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ALL-IN888 ALL-IN888 3 years ago
I already Explained it, Reason they made it crash hard to .09 from 26.00 to get everyone to sell when they filed for Bankruptcy, Enter KPS Capital Partners Buying all their assets and Loading up 42 Million Shares under 1.00 $$$ BOOOM!!!
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rs99 rs99 3 years ago
So you are saying they are going to buy back all the o/s which is 42 million and change? Going Private?
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ALL-IN888 ALL-IN888 3 years ago
KPS Capital Partners are the new owners, $900 Million Debt All Wiped Out as part of the BK re-organization!! KPS will be loading up 42 Millions shares right here right now!!!! $$$
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rs99 rs99 3 years ago
So where does it say shareholders survived?
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ALL-IN888 ALL-IN888 3 years ago
People here dont know how to play post Bankruptcy and Bankruptcy company reorganization!! Cheezus!! Watch this explode like UPL from 8.00 it crashed to .16 then Bounced hard back to 8.00's HAHA $$$
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ALL-IN888 ALL-IN888 3 years ago
Up 30% and Climbing, Nice and Quiet Explosion back to $26.00 soon!!!!! $$$$
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ALL-IN888 ALL-IN888 3 years ago
Added 50K again @ .255 Golden Triangle formed!!! Bounce it now Baby!!
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ALL-IN888 ALL-IN888 3 years ago
Added 50K @ .295 $$$$ FOMO begins above .35 $$$$
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ALL-IN888 ALL-IN888 3 years ago
803,756 Buy @ .3089 Lets Go Baby $$$$
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ALL-IN888 ALL-IN888 3 years ago
Briggs & Stratton Announces Completion of Sale to KPS Capital Partners

The Acquired Business Exits Chapter 11 Bankruptcy Proceeding

Steve Andrews Named President and Chief Executive Officer

https://www.prnewswire.com/news-releases/briggs--stratton-announces-completion-of-sale-to-kps-capital-partners-301135796.html
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ALL-IN888 ALL-IN888 3 years ago
Slap the ASK all the way to 1.00 price wont drop anymore, its a Brand spanking new company with no debt!! $$$$
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ALL-IN888 ALL-IN888 3 years ago
Company who took over and bought all their assets manages $15 Billion in assets!! $$$$ $900 Million Wiped Out clean!!
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ALL-IN888 ALL-IN888 3 years ago
Loaded 300K from .27 See y'all back @ 26.00 $$$$$ 900 Million Debt Erased!! $$$$ BOOOOM
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justbecause516 justbecause516 4 years ago
BRTXQ 0.019 shareholders are not being wiped out,judge signing off Monday final
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rs99 rs99 4 years ago
https://www.otcmarkets.com/filing/html?id=14400144&guid=aIt6U621EjBULth

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rs99 rs99 4 years ago
So even with the buyout the shareholders are going to be wiped out? Asking because my nephew is wanting to buy a bunch of this. Read the 8K but seems like the shareholders would be okay with a buyout. Don't really know that much about Q stocks but made a little money on a couple that survived.
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Leebarooski Leebarooski 4 years ago
The Company expects that its equity holders will experience a complete loss on their investment, depending on the outcome of the Chapter 11 process.
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MasterBlastr MasterBlastr 4 years ago
The only thing holding it up is short covering and OTC Pink gamblers.
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tchalla tchalla 4 years ago
wiping out...story of your trading life. lol lol
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hondaboost hondaboost 4 years ago
Pumping it up to dump the Worthless paper to the Fools! LOL! All Common shares are worthless already and will be Cancelled Shortly!
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JB3136 JB3136 4 years ago
Yet the stock is up 35% today after they more less confirm nothing for commons. Bizarre..yet JCPNQ has multiple interested parties and acts like itโ€™s also completely confirmed zip. Welcome to clown world
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hondaboost hondaboost 4 years ago
Yep. All BGGSQ Common shares will be Wiped out Shortly!
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1manband 1manband 4 years ago
"The Company expects that its equity holders will experience a complete loss on their investment, depending on the outcome of the Chapter 11 process."

No question, the common stock is worthless. It will be wiped out in the bankruptcy, and anyone holding Briggs common shares will lose 100% of their investment.

https://www.sec.gov/ix?doc=/Archives/edgar/data/14195/000001419520000053/bgg-20200720.htm
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Daytrader0001 Daytrader0001 4 years ago
Time for Shorts to Cover I guess
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barnyarddog barnyarddog 4 years ago
World's Largest Producer Of Small Gasoline Engines Files For Bankruptcy

https://www.zerohedge.com/markets/worlds-largest-producer-gasoline-engines-files-bankruptcy
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lucky, mydog lucky, mydog 4 years ago
KPS Capital Partners Agrees To Acquire Substantially All Of The Assets Of Briggs & Stratton Corporation, Including Equity Of Foreign Subsidiaries

https://finance.yahoo.com/news/kps-capital-partners-agrees-acquire-104500034.html
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JackAskSlap JackAskSlap 4 years ago
Welcome BGGSQ to hell!!

Looking forward to trading this around..
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JackAskSlap JackAskSlap 4 years ago
Wow!! Wtf is happening in this world
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Renee Renee 4 years ago
BGG changed to BGGSQ, bankruptcy. Delisted from the NYSE to the OTC.

https://otce.finra.org/otce/dailyList?viewType=Additions
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Leebarooski Leebarooski 4 years ago
NEW YORK, July 20, 2020 /CNW/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has entered into an asset purchase agreement with Briggs & Stratton Corporation (NYSE: BGG) and certain of its wholly-owned subsidiaries (collectively, "Briggs & Stratton" or the "Company") under which KPS will acquire substantially all of the assets of Briggs & Stratton, including equity of foreign subsidiaries, for approximately $550 million.
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Leebarooski Leebarooski 4 years ago

MILWAUKEE, July 20, 2020 /PRNewswire/ -- The United Steelworkers (USW) today said that KPS Capital Partners' (KPS) acquisition of Briggs & Stratton will save hundreds of jobs at the bankrupt engine maker's Milwaukee manufacturing facility................................. The PR seems to be in French.
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threewheeler threewheeler 4 years ago
BK filed glad I never pulled trigger here
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barnyarddog barnyarddog 4 years ago
Filing (8-k)
July 15 2020
https://ih.advfn.com/stock-market/NYSE/briggs-and-stratton-BGG/stock-news/82863624/current-report-filing-8-k


BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES

As previously reported, the Company, with the approval of the Board of Directors of the Company, chose not to make an interest payment of $6.7 million due on June 15, 2020 with respect to the Companyโ€™s outstanding 6.875% senior notes due 2020 (the โ€œNotesโ€) and, as provided for in the indenture governing the Notes (the โ€œIndentureโ€), entered into the 30-day grace period (the โ€œGrace Periodโ€) to make such payment. The Company did not make such interest payment prior to the expiration of the Grace Period, which resulted in an event of default under the Indenture. While the event of default is continuing under the Indenture, the Trustee or holders of at least 25% in aggregate principal amount of the Notes may, among other things, accelerate 100% of the principal of, and accrued and unpaid interest on, the Notes to be due and payable immediately upon such acceleration and seek immediate repayment in full of such amounts.
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barnyarddog barnyarddog 4 years ago
...with respect to its indebtedness, which could result in the Company seeking relief in bankruptcy proceedings...


FROM....Filing (8-k)
July 15 2020
https://ih.advfn.com/stock-market/NYSE/briggs-and-stratton-BGG/stock-news/82863624/current-report-filing-8-k

BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
As previously reported, the Company, with the approval of the Board of Directors of the Company, chose not to make an interest payment of $6.7 million due on June 15, 2020 with respect to the Companyโ€™s outstanding 6.875% senior notes due 2020 (the โ€œNotesโ€) and, as provided for in the indenture governing the Notes (the โ€œIndentureโ€), entered into the 30-day grace period (the โ€œGrace Periodโ€) to make such payment. The Company did not make such interest payment prior to the expiration of the Grace Period, which resulted in an event of default under the Indenture. While the event of default is continuing under the Indenture, the Trustee or holders of at least 25% in aggregate principal amount of the Notes may, among other things, accelerate 100% of the principal of, and accrued and unpaid interest on, the Notes to be due and payable immediately upon such acceleration and seek immediate repayment in full of such amounts.

The Company is continuing to engage in negotiations and discussions with respect to the Companyโ€™s indebtedness. There can be no assurance, however, that the Company will be able to negotiate acceptable terms or to reach any agreement with respect to its indebtedness, which could result in the Company seeking relief in bankruptcy proceedings.
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420man 420man 4 years ago
BK at some point..sad
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buysell101 buysell101 4 years ago
Why is this so beaten down?? Bought some here this morning....gltall.
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barnyarddog barnyarddog 4 years ago
https://www.clubcar.com/us/en/home.html


Briggs & Stratton enters supply pact with Ingersoll Rand, will open Georgia plant
Jun 10, 2020
https://www.bizjournals.com/milwaukee/news/2020/06/10/briggs-stratton-announces-new-partnership.html
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barnyarddog barnyarddog 4 years ago
https://www.vanguardpower.com/na/en_us/products/lithium-ion-battery-packs.html


Jun 15, 2020
Big news! Weโ€™re excited to announce our very first Vanguard commercial Battery distributor in the country.
๐Ÿšจ Big news! Weโ€™re excited to announce our very first Vanguard commercial #battery ๐Ÿ”‹ distributor in the country. Find out more: https://t.co/IioxaOXsIn pic.twitter.com/laN0glvPiw— Vanguard Commercial Power (@VanguardPower) June 15, 2020


Lithium-Ion Battery Testing | Vanguard Commercial Power
409 views
โ€ขMay 13, 2020



https://www.snapper.com/na/en_us/snapper-pro.html

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barnyarddog barnyarddog 4 years ago
Briggs & Stratton also announced that following this new agreement, it will open its new advanced battery manufacturing facility for this and other partnerships. The 78,000-square-foot facility is in Tucker, Georgia.
Jun 10, 2020
https://www.bizjournals.com/milwaukee/news/2020/06/10/briggs-stratton-announces-new-partnership.html


Rodney Storer, Club Car integrated Supply Chain Leader. "We value the in-depth knowledge and wide experience with lithium technology Briggs & Stratton brings to the partnership. Including their high-quality, automotive-grade battery system in our cars is a big win for Club Car. This battery system can be scaled and used across a broad range of applications and environments.
Jun 09, 2020
https://www.prnewswire.com/news-releases/briggs--stratton-corporation-and-club-car-announce-strategic-supply-agreement-301073004.html
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02opida 02opida 4 years ago
BGG
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