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OverviewAPI
Electric scooter company Bird, founded by Travis VanderZanden, has filed for bankruptcy due to financial struggles, including layoffs, stock nosedive, and a delisting from the NYSE. The bankruptcy aims to restructure its finances with $25 million in financing from Apollo Global Management's MidCap Financial. The company plans to sell its assets through a bidding process, with its Canadian and European operations remaining unaffected.

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