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A court approved $150 million in emergency credit for the Harvest Sherwood bankruptcy estate on July 8, 2026, with Atlas Grove Management funding the facility the same day.
The money is a debtor-in-possession loan: credit extended to a company already under bankruptcy protection so it can keep paying bills while the case runs its course.
Atlas Grove has also committed to a potential $180 million exit facility, targeted for August. The stalking horse structure Atlas Grove entered the Harvest Sherwood process as a stalking horse bidder.
A stalking horse, in plain terms, is a pre-selected offer that sets the floor for any competitive auction that follows.
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