---
title: "Atlas Grove Announces Court Approval of $180 Million Financing Commitment for Harvest Sherwood Bankruptcy Estate"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292098569.md"
description: "Atlas Grove Management has successfully secured court approval and funding for a \"Stalking Horse\" bid consisting of a $150 million replacement Debtor-in-Possession (DIP) financing, which is expected to take effect immediately. Additionally, the bid includes the possibility of obtaining a $180 million exit facility financing by August. The announcement was made in New York and Miami on July 8, 2026."
datetime: "2026-07-08T16:51:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292098569.md)
  - [en](https://longbridge.com/en/news/292098569.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292098569.md)
---

# Atlas Grove Announces Court Approval of $180 Million Financing Commitment for Harvest Sherwood Bankruptcy Estate

Atlas Grove Management has successfully secured court approval and funding for a "Stalking Horse" bid consisting of a $150 million replacement Debtor-in-Possession (DIP) financing, which is expected to take effect immediately. Additionally, the bid includes the possibility of obtaining a $180 million exit facility financing by August. The announcement was made in New York and Miami on July 8, 2026.

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