Falcon Xpress has secured new financing and emerged from receivership.
The company was placed into receivership in May, owing RBC more than $15 million.
The company emerged from receivership June 9 after securing financing and paying off its RBC debt. About $19 million was secured from various lenders, including CSMC, Pathward and BVD.
The company announced its emergence from receivership in a letter, posted to X by well known account @401_da_sarpanch.
