Mondee Holdings, Inc. announced significant corporate developments following amendments to its Financing Agreement with TCW Asset Management and Wingspire Capital. The company secured two additional term loans totaling $15.5 million to support general corporate purposes. As part of the agreement, Mondee appointed Mohsin Meghji as Chief Restructuring Officer and added three independent directors, forming a Special Committee to evaluate strategic alternatives aimed at maximizing shareholder value.

The independent directors, Lawrence R. Hirsh, Timothy R. Pohl, and Neal P. Goldman, will lead the Special Committee. Meghji, a seasoned restructuring expert, will oversee financial transitions through his firm M3 Partners. The company is actively exploring strategic options with stakeholders to strengthen its financial and operational framework.