Source: https://www.digitalmusicnews.com/2017/08/10/soundcloud-investors-24-hours/
Source 2: https://www.theverge.com/2017/8/10/16121386/soundcloud-shareholder-memo-reorganization-proposal-raine-group-temasek
It appears that SoundCloud may have new investors, but that is at the fate of it's current investors. The approval will be decided by a vote today (11th August 2017). If the majority is 'no' as in to not approve the rescue package, there is very little chance that the company will survive, and may be terminated during or after this result. There is also a large chance that the existing CEO would be fired, if investors approve the rescue package
However, The Verge (source 2) state that the CEO is quoted to say that the ability for SoundCloud to continue would "not be a going concern".
To round it up, the future of SoundCloud is looking very uncertain right now.