Portfolio

Twelve Bridge Capital provides debtor-in-possession financing to support companies through Chapter 11 reorganization, enabling operational continuity and value preservation across industries.

Founded in November 2025, Twelve Bridge Capital was established by principals with experience spanning investment banking, restructuring advisory, and distressed credit. Prior to launching the fund, our team worked alongside third-party capital providers backing numerous successful DIP facilities and transactions that facilitated strategic sales or brought prepetition lenders back to the table to extend new financing on improved terms.

Drawing on this deep transactional experience, we established our own fund to bring independent, court-ready capital directly to companies in need. Since inception, we have been rapidly building an expanding portfolio of DIP financings across diverse industries and transaction structures.

Active Engagements

Sugarbush Armory, LLC

Firearms Retail & Shooting Sports
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DIP Facility
$575,000
Filing Date
Mar. 26, 2026
Jurisdiction
W.D. New York
Status
Active
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Company Overview

Sugarbush Armory, LLC is a Western New York sporting goods retailer specializing in firearms, ammunition, and shooting sports equipment, operating from a destination retail and training campus in Attica, New York. Founded in 2015, the business grew from a 150 square-foot retail space into a regional anchor exceeding $5 million in annual revenue by 2024, with its 18-acre campus featuring a state-of-the-art indoor shooting range, retail showroom, training facilities, and office space.

Situation

Sugarbush's growth was disrupted by a multi-year utility delay in providing 3-phase electrical service to the property, postponing the indoor shooting range opening by nearly a year and costing over $1.5 million in 2024 revenue. The resulting cash flow shortfall, combined with disruption from the sale of the company's commercial lender and a severe contraction in distributor trade credit, ultimately forced a Chapter 11 filing to stabilize operations and pursue reorganization.

Transaction Details

Case Number 1-26-10348-CLB (Joint)
DIP Facility Type New Money
Use of Proceeds Working Capital, Inventory & Case Administration
Reported Assets $1–10 Million
Reported Liabilities $1–10 Million
Debtor's Counsel Gleichenhaus, Marchese & Weishaar P.C.

StopLoss Specialists, LLC

Emergency Response Services
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DIP Facility
$5,750,000
Filing Date
Mar. 5, 2026
Jurisdiction
S.D. Texas
Status
Active
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Company Overview

StopLoss Specialists, LLC and its affiliated debtors provide emergency response and property restoration services for large commercial buildings that have sustained significant disaster and weather-related damage. Headquartered in San Antonio, Texas, StopLoss Specialists holds general contractor licenses in numerous states and serves as the contracting party for restoration projects, with affiliated entities handling subcontractor management, logistics, transportation, and equipment financing.

Situation

The Debtors contracted to restore Renaissance Tower, a Dallas skyscraper, in a project expected to generate tens of millions of dollars in revenue, but ultimately after complications the project manager terminated the contract. The loss of this anchor project forced the company to terminate employees and drastically reduce operations. The Debtors filed Chapter 11 to restart operations, prosecute significant litigation claims, and collect payments under an existing settlement agreement.

Transaction Details

Case Number 26-90386 (Joint)
DIP Facility Type New Money
Use of Proceeds Restart Operations & Case Administration
Reported Assets $10–50 Million
Reported Liabilities $10–50 Million
Debtor's Counsel Porter Hedges LLP

Ample, Inc.

Electric Vehicle Technology
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DIP Facility
$6,000,000
Filing Date
Dec. 16, 2025
Jurisdiction
S.D. Texas
Status
Active
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Company Overview

Ample, Inc. is a San Francisco-based developer of modular battery swapping systems and charging infrastructure for electric vehicle fleets. Founded in 2014, the company developed autonomous robotics technology enabling EV battery replacement in under five minutes, targeting commercial fleet operators in logistics, ride-hailing, and delivery services. Ample established partnerships with major automotive and energy companies including Uber, Stellantis, Mitsubishi Motors, and Shell, with pilot deployments in San Francisco, Madrid, and Tokyo.

Situation

Despite raising over $330 million across five funding rounds from investors including Shell Ventures, Blackstone, Santander, and Mitsubishi Corporation, the company faced severe liquidity constraints amid a challenging capital environment for renewable energy investments. Supply chain disruptions, the contraction of public and private investment in clean energy, and regulatory delays in international markets impeded scaling efforts. The company filed Chapter 11 to pursue a Section 363 sale or recapitalization of the business, and a court-supervised §363 sale process is currently underway.

Transaction Details

Case Number 25-90817
DIP Facility Type New Money
Use of Proceeds Working Capital & Case Administration
Reported Assets $10–50 Million
Reported Liabilities $50–100 Million
Debtor's Counsel Pillsbury Winthrop Shaw Pittman LLP

RELLIS Campus Data and Research Center LLC

Data Center Development
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DIP Facility
$3,300,000
Filing Date
Nov. 5, 2025
Jurisdiction
S.D. Texas
Status
Active
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Company Overview

RELLIS Campus Data and Research Center LLC is a Bryan, Texas-based data center developer constructing a Tier III facility on the Texas A&M University System RELLIS Campus. The project encompasses a two-story, 45,000 square-foot structure designed to support advanced research, technology operations, and administrative functions, including 10,000 square feet of dedicated data center space for high-performance computing and secure data management. The facility is intended to serve as both a commercial data center and an academic laboratory providing workforce training in information security, network engineering, and related specialties.

Situation

The company filed Chapter 11 after a major financial partner withdrew from the project, creating immediate liquidity challenges with construction already underway. The project had secured significant economic development incentives from both the City of Bryan and Brazos County totaling over $24 million in future property tax abatements. The Chapter 11 filing allows the developer to reorganize its finances and continue operations while working to resolve outstanding obligations and complete the strategic infrastructure project.

Transaction Details

Case Number 25-90666
DIP Facility Type New Money
Use of Proceeds Working Capital & Case Administration
Reported Assets $10–50 Million
Reported Liabilities $10–50 Million
Debtor's Counsel Okin Adams Bartlett Curry LLP

Completed Engagements

NFN8 Group, Inc.

Bitcoin Mining
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DIP Facility
$2,750,000
Filing Date
Feb. 2, 2026
Jurisdiction
W.D. Texas
Status
Completed
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Outcome
Facilitated Sale of Going Concern Business
Closed May 11, 2026
Draw to Close 94 days

Company Overview

NFN8 Group, Inc., founded in 2017 and headquartered in Austin, Texas, operates an industrial-scale Bitcoin mining platform through its subsidiaries NFN8 Capital, LLC and NFN8 Holdings, LLC. The company owns and operates thousands of Bitcoin mining supercomputers deployed across facilities in Crystal City, Texas and two Iowa locations, with combined capacity exceeding 18 megawatts. NFN8 pioneered a sale-leaseback equipment financing program involving over 250 counterparties, enabling rapid fleet expansion while providing accredited investors fixed monthly cash flow from mining operations.

Situation

A series of compounding challenges precipitated the filing: the April 2024 Bitcoin halving cut block rewards by 50%, compressing mining margins industry-wide as post-halving economics deviated materially from prior cycles. The 2022 bankruptcy of hosting partner Core Scientific stranded thousands of miners, forcing temporary lease payment suspensions while alternative hosting was secured. Prolonged litigation with certain lessors drained resources, and a catastrophic fire at the company's primary Texas facility during the final week of 2025 reduced mining capacity by approximately 50%. The Debtors filed to preserve enterprise value and conduct a court-supervised sale process.

Transaction Details

Case Number 26-10193 (Joint)
DIP Facility Type New Money
Use of Proceeds Operations, Sale Process & Case Administration
Reported Assets $10–50 Million
Reported Liabilities $10 Million
Debtor's Counsel Kane Russell Coleman Logan PC

Facing a Liquidity Challenge?

If your company needs rescue financing and traditional sources aren't moving fast enough, we should talk. We deliver court-ready DIP commitments within days.

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