SoftBank's investment in form of convertible note helped cut WeWork losses

SoftBank's investment in form of convertible note helped cut WeWork losses

REUTERS/Issei Kato

Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 million gain on a convertible note that made losses at the coworking firm appear a lot smaller.

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