RunItOneTime opened its Chapter 11 with an emergency request for a $22.5 million DIP facility, including up to $7.5 million of interim new-money loans and a 2:1 roll-up of prepetition first-out obligations. Alter Domus (US) LLC would serve as DIP agent, with HG Vora Capital Management, Angelo Gordon/TPG AG, and PGIM backstopping the financing, according to the debtor's DIP financing motion.

The motion frames the financing as operationally urgent: the debtor said it lacked liquidity for day-to-day operations and faced an imminent shutdown without access to DIP proceeds and cash collateral. The proposed economics include 3% structuring fees, 4% upfront fees, and 3% backstop fees paid in kind, plus a 13-week budget covenant with weekly updates beginning July 25, 2025. The filing sets the case arc around lender-controlled liquidity and a refinancing path under the transaction support agreement, making the DIP budget, roll-up, and final-order milestones the key near-term control points for stakeholders.