Deeper trouble yet for WeWork.

That after Japan's SoftBank terminated a 3 billion dollar offer for more stock in the office sharing firm.

The giant tech investor said it could not proceed with the deal, citing civil and criminal probes into WeWork.

That means SoftBank is no longer obligated to proceed with a further 1.1 billion dollars in debt financing.

The move drew an angry response from WeWork.

In a statement its board said all options were under consideration, including litigation.

But it all adds to the depth of disarray at the firm.

WeWork is already undergoing drastic restructuring following a failed IPO last year.

And its already significant losses are mounting further due to global lockdowns.

The firm posted a 1.25 billion dollar loss for the third quarter.

SoftBank faces challenges of its own, thanks to tech bets gone sour.

It's pledged to raise 41 billion dollars by selling core assets.

The company's shares closed 2.5% higher Thursday (April 2) after it terminated the WeWork deal.