GETY Getty Images Holdings Inc

$GETY Ouch...... this looks criminal I would be surprised if it was illegal but I'm guessing there will be shareholder lawsuits. please keep in mind how this has deeply hurt many investors and employees. it is a sad day and somehow the Getty and koch family's walk away with the company. to be fair they probably lost 700 million trying to keep this company going and are reinvesting another large chunk. I don't see how Shutterstock or technology don't cut away at Getty's editorial business over time..... why would these family's bet so big here?

$GETY Do you still not realize that bankruptcy is bad and you shouldn't invest? What are you waiting for? They’ll let it collapse, and the image library will be sold off cheaply to AI companies, which will seize control of the world's imagery for practically nothing. Meanwhile, the UK is acting like an idiot by blocking the merger with SSTK. It’s all part of a plan to wipe real images off the market. AI is literally going to finish us off.

$GETY NYSE to Commence Delisting Proceedings Against Getty Images Holdings, Inc. (GETY) https://www.businesswire.com/news/home/20260929598647/en/NYSE-to-Commence-Delisting-Proceedings-Against-Getty-Images-Holdings-Inc.-GETY "NYSE Regulation has determined that the Company’s Class A common stock is no longer suitable for listing based on “abnormally low selling price” levels, pursuant to Section 802.01D of the Listed Company Manual. "

$GETY captured the spotlight as the official photographer for the 64th New York Film Festival, extending its visual partnership.

$GETY so you mean to tell me if I own a business and it starts looking bad I can just give myself a shit ton of money and ask the bankers to give me a chapter 11 and fuck everybody else? What the hell is going on here just don’t sound legal at all. 

$GETY Spirit Airlines pulled the same trick... twice. No consequences, and former leadership is counting their money on their yachts. Welcome to America.

$GETY released an 8-k stating they did make their interest payment… now what’s to follow?

$GETY the stock is halted cuz they probably filed bankruptcy it's not halted because it's 8 cents many socks are lower than 8 cents there's got to be some type of news pending and perhaps the company asks the exchange to Halt the stock anyway it's pretty much worthless

$GETY I would assume that the regulatory halt was initiated b/c the pps fell below 10c. They always do this for AMEX-listed stocks (which is officially under the NYSE - "NYSE American") within an hour or two of the price breaching that 10c mark, which is a hard and fast threshold for that exchange. This is regular NYSE, and I would assume they operate under the same guidelines (regular NYSE-listed stocks rarely drop this low so have never seen it b4 to say that with certainty, but one would think the threshold applies to those also).

$GETY well boys, this just shows how it pays to short most everything that isn't one if the huge titan monopoly companies. As the big boys gain marketshare everyday, the little guys share continues to get smaller and smaller. They simply cannot compete, and ultimately, they will go out of business (or maybe get bought out if they're lucky). And so its no wonder you see so many small caps in endless cycles of reverse splits, dilution, bankruptcy, and delisting. Not even sure why they are allowed to be listed! So much of this market seems just like a giant short scam at retailers expense if you ask me.

$GETY Getty Images said Monday it will file a prepackaged Chapter 11 in the coming weeks and go private, aiming to close by year end. The scale mismatch is pretty stark. Total debt was about 2.1 billion dollars at June 30, against a public market value of roughly 20.7 million dollars at Friday's close. The Getty family and Koch Equity Development are putting in up to 533 million dollars of new equity and will own 100% of the reorganized company. Unsecured holders agreed to retire 270 million dollars of notes. This was a 4.8 billion dollar SPAC in 2022. Annual subscribers have fallen to 241,000 from 321,000 a year ago.

$GETY Koch and Getty family owns 73% of the shares. Why they do not care about their 73% equity and why they don’t take any action to drive up the share price?

$GETY well guys… I guess this is it. They didn’t appeal, have not released any information on a capital injection or restructuring terms.

$GETY this is unfortunate for everyone..... please remember the families affected employees and investors are badly hurt. Shutterstock $SSTK is also trading as though something could happen. Even though they have substantial amounts of cash, free cash flow and with Envato, Giphy, and AI training they could still grow substantially..... Best Wishes

$GETY no the listing doesn't necessarily come once chapter 11 files the listing is more of an exchange rule you can file bankruptcy and keep your stock trading but it's most cases it'll eventually get deleted but not right away

$GETY Even the owners cant do a buy back. They are broke. Why is the company still listed. Bunch of Liars and fools in a Liberal city running this company.

$GETY it’s been up because bankruptcy court may force the Koch family to buy public float shares on the open market to agree to bankruptcy terms

$GETY The interest payment was about leverage, not the stock. If they'd missed the payment, it would have been an Event of Default — and the noteholders could have accelerated the debt, demanding the full ~$270M back immediately. That hands all the cards to the creditors and turns an orderly negotiation into a fire drill. Paying within the grace period kept the restructuring talks voluntary and on Getty's terms.

$GETY Does the worthless, talentless CEO know hes's making press releases like, 'Getty Images Named Official Photographer of the 64th New York Film Festival, while his stock price sits at 8 cents??? Getty Images CEO Craig Peters is a WORTHLESS AND TALENTLESS CEO, the MOST WORTHLESS of ALL TIME.

$GETY interesting... Insiders are disposing of minimal shares in relation to how many they own... This is a positive sign.