Relativity has had a financial struggle that is becoming somewhat of a confusion the past few days. As the story develops, it has become self contradictory as well. Essentially, Relativity has been issued ten days to fix their financial woes, as lenders have started to flex their muscles with their authority over any business decision Relativity is due to make. This sounds like the bottom of the barrel, but it also feels like the final fight to get things moving.
Or so it seemed, before Relativity CEO Ryan Kavanaugh and his representatives countered this headline shortly after. Both Kavanaugh and his reps have discredited this ten day mission and have gone on to say that they are nearing in on a deal with their lenders.