/raid1/www/Hosts/bankrupt/TCR_Public/220104.mbx
T R O U B L E D C O M P A N Y R E P O R T E R
Tuesday, January 4, 2022, Vol. 26, No. 3
Headlines
701 SEVENTH AVE: Times Square Sign Lease Auction on Jan. 26
ACER THERAPEUTICS: Receives Noncompliance Notice From Nasdaq
ALL FOR ONE MEDIA: Incurs $3.1-Mil. Net Loss in FY Ended Sept. 30
AVMED INC: A.M. Best Puts B(Fair) Fin. Strength Rating on Review
BANTEC INC: Delays Filing of Annual Report for FY Ended Sept. 30
BLACKROCK METALS: Gets CCAA Initial Stay Order
BOTS INC: Posts $6K Net Income in Second Quarter
BOY SCOUTS: Beasley Allen, Bielli Represent Tort Claimants
BOY SCOUTS: Liakos Law Represents Unsecured Claimants
BOY SCOUTS: Oshan, Klauder Represent Abuse Claimants
BOY SCOUTS: Showard Law Represents Direct Abuse Claimants
BOY SCOUTS: Sullivan Papain Represents Unsecured Claimant
C-CORE-IN LLC: Case Summary & 18 Unsecured Creditors
CALI RESTAURANT: Seeks to Hire Arguello as Accountant
CAMBER ENERGY: Extends Maturity of $20.5 Million Notes to 2027
CAMBER ENERGY: Secures $25 Million Loan Commitment From Investor
CHESAPEAKE ENERGY: Corrects Error in Vine Financial Statements
CLEARPOINT NEURO: Board Adopts Third Amended and Restated Bylaws
CLEVELAND-CLIFFS: Amends BofA Deal to Get Additional Financing
CLH INVESTMENT: Case Summary & Three Unsecured Creditors
COLDWATER DEVELOPMENT: Trustee Taps Brutzkus Gubner as Counsel
CYTOSORBENTS CORP: Signs Open Market Sale Agreement With Jefferies
DIGIPATH INC: Incurs $686,503 Net Loss in FY Ended Sept. 30
DIOCESE OF ROCKVILLE: Seeks to Tap Real Estate Counsel, Appraiser
DOLPHIN ENTERTAINMENT: Inks $25M Stock Purchase Deal With Lincoln
EDWARD ZENGEL: Case Summary & 20 Largest Unsecured Creditors
EVERYTHING BLOCKCHAIN: Posts $3.2-Mil. Net Income in Third Quarter
EVOKE PHARMA: Receives Noncompliance Notice From Nasdaq
FINANCIAL GRAVITY: Incurs $7.4-Mil. Net Loss in FY Ended Sept. 30
FLAVA WORKS: Seeks to Hire Blaise and Nitschke as Special Counsel
FORUM ENERGY: Andrew Waite Retires as Director
FRIDAY HEALTH: A.M. Best Alters Outlook on 'C' ICR to Stable
FUSE GROUP: Delays Filing of Form 10-K for FY Ended Sept. 30
GFA PEANUT: Case Summary & 14 Unsecured Creditors
GULFSLOPE ENERGY: Incurs $2.2 Million Net Loss in FY Ended Sept. 30
IDEANOMICS INC: Stockholders Re-Elect Five Directors
INPIXON: Amends Stock Purchase Agreement With CXApp
JPA NO. 111: Case Summary & Unsecured Creditor
KAISEN ENERGY: To Restructure Under CCAA Proceeding
LEGAL ADVOCACY: Case Summary & 14 Unsecured Creditors
LEXARIA BIOSCIENCE: Signs Media Buys Agreement With SRAX
LINCOLN STREET: TISA Sells Property at Public Auction
MALLINCKRODT PLC: Files Third Amended Plan
MERCURITY FINTECH: Incurs US$10.7-Mil. Net Loss in Second Quarter
MF GLOBAL: Trustee Approves Amendments on Plan Trust Deal
MOHEGAN TRIBAL: Posts $7.4 Million Net Income in FY Ended Sept. 30
MOHEGAN TRIBAL: Welcomes Haven Pope as Chief Accounting Officer
MOUNTAIN PROVINCE: Reveals Plans to Strengthen Balance Sheet
MYOMO INC: Chief Marketing Officer to Retire Next Month
NATIONAL FILTERS: Gets OK to Hire Hyzer Hill Kuzak as Accountant
NATURALSHRIMP INC: Sells $16.3M Promissory Note to Investor
NEUBASE THERAPEUTICS: Incurs $25.4-Mil. Net Loss in Fiscal 2021
NEUBASE THERAPEUTICS: Provides Fourth Quarter 2021 Business Update
NICE SERVICES: Case Summary & 20 Largest Unsecured Creditors
NORDIC AVIATION: U.S. Trustee Unable to Appoint Committee
NUTRIBAND INC: To Buy Back $1 Million of Common Shares
OBLONG INC: Five Directors Elected at Annual Meeting
OLMA-XXI INC: Court Conditionally Approves Disclosure Statement
ORIGINAL TILE: Seeks to Hire Brian R. Cahn as Legal Counsel
OUTLOOK THERAPEUTICS: Inks Employment Agreements With Execs
OUTLOOK THERAPEUTICS: Posts $53.2 Million Net Loss in Fiscal 2021
PBF ENERGY: Paul Donahue Elected as Independent Director
PCDM PROPERTIES: Amended Plan & Disclosures Due Jan. 7
PETROTEQ ENERGY: Announces Reserve and Economic Evaluation Report
PURE BIOSCIENCE: Incurs $796K Net Loss in First Quarter
REWALK ROBOTICS: CFO to Resign in March
RUM RUNNERS: Unsecureds Unlikely to Get 100% in Sale Plan
SEADRILL LIMITED: New Finance to Seek Plan Confirmation Jan. 12
SKY MEDIA PAY: Gets OK to Hire Fortune International as Broker
SOUTH MOON: Court Confirms Reorganization Plan
STEM HOLDINGS: Delays Filing of Annual Report for FY Ended Sept. 30
STRIKE LLC: Gets Court Approval to Hold Auction on Jan. 26
T.C. INN: Seeks to Hire Orville & McDonald as Legal Counsel
TD HOLDINGS: Audit Alliance Replaces BF Borgers as Auditor
TRITON INTERNATIONAL: Units Amend Asset-Backed Debt Facilities
UMATRIN HOLDING: Incurs $79K Net Loss in Third Quarter
UMATRIN HOLDING: JP Centurion Replaces Yeh CPA as Auditor
VI ACQUISITION: Receiver to Sell Tax Assets
VOIP-PAL.COM INC: Incurs $2.2-Mil. Net Loss in FY Ended Sept. 30
WESTERN URANIUM: Provides Company Updates
WESTERN URANIUM: Raises C$596,746 in Private Placement
[^] Large Companies with Insolvent Balance Sheet
*********
701 SEVENTH AVE: Times Square Sign Lease Auction on Jan. 26
-----------------------------------------------------------
Pursuant to a judgment dated Nov. 8, 2021, the ground lease of 701
Seventh Avenue (aka 20 Times Square held by lessee 20 TSQ Lessee
LLC), and the rights to use the LED sign on the facade of the
property held by 20 TSQ Lessee LLC as licensor and 20 TSQ Sign LLC
as licensee under an Amended and Restated master License Agreement
will be sold to the highest qualified bidder at a public auction to
be held at 2:00 p.m. on Jan. 26, 2022, at the New York County
Courthouse, 60 Centre Street, New York, New York.
The leasehold interest in 20 Times Square includes the 452-room
Edition Times Square Hotel and approximately 67,000 sq. ft. of
retail space, 200 linear feet of wraparound frontage and an 18,000
sq. ft. high definition LED scree.
The mortgage premises will be sold subject to the terms of the
judgment. The approximate amount of sums due pursuant to the
judgment, as of Nov. 8, 2021, excluding costs and expenses of the
sale, reimbursable costs and expenses incurred by plaintiffs in the
foreclosure action, and protective advances made to preserve the
Mortgaged Premises from May 1, 2021, through the date of the sale,
was $800,798,439. Further information, visit the website at
20TimesSquareSale.com
ACER THERAPEUTICS: Receives Noncompliance Notice From Nasdaq
------------------------------------------------------------
Acer Therapeutics Inc. received a letter from the listing
qualifications department staff of The Nasdaq Stock Market on
Dec. 29, 2021, notifying the Company that for the last 30
consecutive business days, the Company's Minimum Value of Listed
Securities was below the minimum of $35 million required for
continued listing on the Nasdaq Capital Market pursuant to Nasdaq
listing rule 5550(b)(2).
The notice has no immediate effect on the listing of the Company's
common stock, and the Company's common stock continues to trade on
the Nasdaq Capital Market under the symbol "ACER."
In accordance with Nasdaq listing rule 5810(c)(3)(C), the Company
has 180 calendar days, or until June 27, 2022, to regain
compliance. The notice states that to regain compliance, the
Company's MVLS must close at $35 million or more for a minimum of
ten consecutive business days (or such longer period of time as the
Nasdaq staff may require in some circumstances, but generally not
more than 20 consecutive business days) during the compliance
period ending June 27, 2022. The Company believes that it can also
regain compliance by meeting the continued listing standard of a
minimum stockholders' equity of at least $2.5 million.
If the Company does not regain compliance by June 27, 2022, Nasdaq
staff will provide written notice to the Company that its
securities are subject to delisting. At that time, the Company may
appeal any such delisting determination to a Hearings Panel.
The Company intends to actively monitor the Company's MVLS between
now and June 27, 2022 and may, if appropriate, evaluate available
options to resolve the deficiency and regain compliance with the
MVLS rule. While the Company is exercising diligent efforts to
maintain the listing of its common stock on Nasdaq, there can be no
assurance that the Company will be able to regain or maintain
compliance with Nasdaq listing standards.
Acer Therapeutics
Acer Therapeutics -- http://www.acertx.com-- is a pharmaceutical
company focused on the acquisition, development and
commercialization of therapies for serious rare and
life-threatening diseases with significant unmet medical needs.
Acer's pipeline includes four clinical-stage candidates: emetine
hydrochloride for the treatment of patients with COVID-19; EDSIVO
(celiprolol) for the treatment of vascular Ehlers-Danlos syndrome
(vEDS) in patients with a confirmed type III collagen (COL3A1)
mutation; ACER-001 (a taste-masked, immediate release formulation
of sodium phenylbutyrate) for the treatment of various inborn
errors of metabolism, including urea cycle disorders (UCDs) and
Maple Syrup Urine Disease (MSUD); and osanetant for the treatment
of induced Vasomotor Symptoms (iVMS) where Hormone Replacement
Therapy (HRT) is likely contraindicated. Each of Acer's product
candidates is believed to present a comparatively de-risked
profile, having one or more of a favorable safety profile,
clinical
proof-of-concept data, mechanistic differentiation and/or
accelerated paths for development through specific programs and
procedures established by the FDA.
Acer Therapeutics reported a net loss of $22.88 million for the
year ended Dec. 31, 2020, compared to a net loss of $29.42 million
for the year ended Dec. 31, 2019. As of Sept. 30, 2021, the
Company had $32.55 million in total assets, $30.39 million in total
liabilities, and $2.16 million in total stockholders' equity.
BDO USA, LLP, based in Boston, Massachusetts, issued a "going
concern" qualification in its report dated March 1, 2021, citing
that the Company has recurring losses and negative cash flows from
operations that raise substantial doubt about the Company's ability
to continue as a going concern.
ALL FOR ONE MEDIA: Incurs $3.1-Mil. Net Loss in FY Ended Sept. 30
-----------------------------------------------------------------
All For One Media Corp. filed with the Securities and Exchange
Commission its Annual Report on Form 10-K disclosing a net loss of
$3.12 million on $9,493 of revenues for the year ended Sept. 30,
2021, compared to a net loss of $8.74 million on $9,762 of revenues
for the year ended Sept. 30, 2020.
As of Sept. 30, 2021, the Company had $122,622 in total assets,
$18.61 million in total current liabilities, and a total
stockholders' deficit of $18.49 million.
Boca Raton, Florida-based Salberg & Company, P.A., the Company's
auditor since 2019, issued a "going concern" qualification in its
report dated Dec. 17, 2021, citing that the Company has a net loss
and cash used in operations of $3,115,470 and $660,935,
respectively, for the year ended Sept. 30, 2021. Additionally, the
Company had an accumulated deficit of $27,568,913 and working
capital deficit of $18,491,425 as of Sept. 30, 2021. These matters
raise substantial doubt about the Company's ability to continue as
a going concern.
A full-text copy of the Form 10-K is available for free at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1286459/000147793221009314/afom_10k.htm
About All For One Media
All for One Media Corp., incorporated in the State of Utah on March
2, 2004, is a media and entertainment company focused on creating,
launching and marketing original pop music groups commonly referred
to as "boy bands" and "girl groups." The Company's former
operations were in the business of acquiring, training, and
reselling horses with an emphasis in the purchase of thoroughbred
weanlings or yearlings that were resold as juveniles.
AVMED INC: A.M. Best Puts B(Fair) Fin. Strength Rating on Review
----------------------------------------------------------------
AM Best has placed under review with developing implications the
Financial Strength Rating of B (Fair) and Long-Term Issuer Credit
Rating of "bb" (Fair) of AvMed, Inc. (AvMed) (Miami, FL).
The assignment of under review with developing implications status
reflects the sizable operating loss and the decline in statutory
capital and surplus through Sept. 30, 2021, with both falling below
AvMed's forecast and AM Best's expectations. On Sept. 30, 2021,
AvMed reported net losses of $17.5 million, which were primarily
driven by higher COVID-19-related hospitalization and testing costs
incurred during the third quarter. In addition, AvMed carried
higher reserves through the same period, which also contributed to
the unfavorable net results. While the company expects to
recuperate some of the losses due to claims over-payments
discovered through retrospective provider reviews, the updated full
year forecast is still projecting a net loss as compared with
anticipated gains, per prior forecasts provided to AM Best.
Furthermore, the level of capital and surplus of AvMed fell from
$125.6 million to $104.5 million through Sept. 30, 2021, which was
significantly lower than the projected full-year statutory capital
and surplus, previously expected to increase. The company expects
statutory capital will not meet the full year expectation.
The ratings will remain under review with developing implications
while AM Best has further discussions with the company's management
team related to its capital plan and operating earnings. Negative
rating action could occur if AvMed's operating earnings continue to
decline and if capital and surplus further deteriorates.
BANTEC INC: Delays Filing of Annual Report for FY Ended Sept. 30
----------------------------------------------------------------
Bantec, Inc. filed a Form 12b-25 with the Securities and Exchange
Commission notifying the delay in the filing of its Annual Report
on Form 10-K for the year ended Sept. 30, 2021.
The company said it was unable to compile the necessary financial
information required to prepare a complete filing. Thus, the
company would be unable to file the Annual Report in a timely
manner without unreasonable effort or expense. The company expects
to file within the extension period.
About Bantec
Bantec, Inc., a product and service company, through its
subsidiaries and divisions, sells drones and related products
manufactured by third parties to various parties, including
facility managers, engineers, maintenance managers, purchasing
managers and contract officers who work for hospitals,
universities, manufacturers, commercial businesses, local and state
governments and the US Government. The Company also offers
technical services related to drone utilization.
Boca Raton, Florida-based Salberg & Company, P.A., the Company's
auditor since 2017, issued a "going concern" qualification in its
report dated Jan. 12, 2021, citing that the Company has a net loss
and cash used in operations of $4,328,318 and $491,000,
respectively, for the year ended Sept. 30, 2020 and has a working
capital deficit, stockholders' deficit and accumulated deficit of
$16,214,281, $17,944,973 and $31,074,769, respectively, at Sept.
30, 2020. The Company has defaulted on several promissory notes.
These matters raise substantial doubt about the Company's ability
to continue as a going concern.
BLACKROCK METALS: Gets CCAA Initial Stay Order
----------------------------------------------
BlackRock Metals Inc., BlackRock Mining Inc., BlackRock Metals LP
and BRM Metals GP Inc. obtained an initial order under the
Companies' Creditors Arrangement Act from the Quebec Superior Court
(Commercial Division), district of Montreal. The Initial Order
provides for a stay of proceedings in respect of BRM and its
subsidiaries and authorizes BRM to continue its business in the
normal course during the CCAA Proceedings.
In connection with the CCAA Proceedings, BRM announced that it has
entered into an agreement of purchase and sale ("Purchase
Agreement") with its principal secured creditors pursuant to a
certain Bridge Credit Agreement dated Jan. 18, 2019 in the
approximate amount of C$90 million ("Bridge Credit Agreement"),
being OMF Fund II H Ltd. ("Orion") and Investissement Quebec ("IQ")
(and in that capacity, collectively ("Secured Lenders"), pursuant
to which (i) the Secured Lenders would become the owners of BRM
through a credit bid of the secured debt held by the Secured
Lenders under the Bridge Credit Agreement for 100% of the equity of
BRM and (ii) certain liabilities and assets of BRM would not be
assumed by the Company going-forward. Subject to the Court's
approval, the Purchase Agreement will serve as the "stalking horse"
bid ("Stalking Horse Bid") in a sale and investment solicitation
process ("Strategic Process") supervised by the Court and Deloitte
Restructuring Inc., who has been appointed as the monitor (the
"Monitor") in the CCAA Proceedings. The Stalking Horse Bid sets
the floor, or minimum bid, for the Strategic Process, which will be
conducted by the Monitor under the Court's supervision, and
confirms that, subject to approval by the Court, a transaction can
be implemented at the end of the Strategic Process that will
enhance the possibility for BRM securing an approximately US$1.1
billion construction finance facility ("Construction Finance
Facility") needed to construct and complete BRM's planned
multi-metallic ferroalloy project in Quebec targeting the
production of vanadium, high purity pig iron and titanium products
and become North America's speciality metals developer.
BRM has been in discussions with IQ and Orion regarding their
potential participation in the Construction Financing Facility as
well as the options available to BRM to deal with the debt due
under the Bridge Credit Agreement, which matured on Dec. 1, 2021.
In those discussions, the Secured Lenders advised that they would
not enforce their security over the Company’ assets under the
Bridge Credit Agreement, provided that the Company take steps to
initiate the CCAA Proceedings and commence the Strategic Process,
with the Purchase Agreement serving as the Stalking Horse Bid.
Under these circumstances, the Company and its board of directors
determined, after consultation with professional advisors and a
special committee created by the board of directors, that it was
necessary at this time and under these circumstances to commence
the CCAA Proceedings and advance the Stalking Horse Bid and the
Strategic Process.
During the course of the CCAA Proceedings, BRM will continue to
operate in the ordinary course of business and will continue to
develop the Construction Financing Facility. In connection with
the CCAA Proceedings, Orion and IQ have agreed to make additional
funding available to BRM under an amendment to the existing Bridge
Credit Agreement, if necessary, to ensure the Strategic Process is
fully funded and completed.
BRM intends to continue to pay all of its suppliers and employees
for goods and services rendered during the CCAA Proceedings.
Materials publicly filed in the CCAA Proceedings, including the
Initial Order, and additional information with respect to the
Strategic Process and the Bid, will be made available on the
Monitor's Web site at
https://www.insolvencies.deloitte.ca/blackrockmetals
A comeback hearing in respect of the relief granted pursuant to the
Initial Order has been scheduled for Jan. 7, 2022.
Deloitte Restructuring can be reached at:
Deloitte Restructuring Inc.
1190 Avenue des Canadiens-de-Montreal, Suite 500
Montreal QC H3B 0M7
Tel: 514-393-5349
514-393-7115
Fax: 514-390-4103
Email: blackrockmetals@deloitte.ca
About BlackRock Metals
Established in 2008, BlackRock Metals Inc. is a privately-owned
Canadian company developing a fully integrated, environmentally
enhanced, metals and materials manufacturing business from its
wholly owned, world-class vanadium and titanium bearing magnetite
deposit in Quebec, Canada. The Company intends to produce High
Purity Pig Iron, Ferrovanadium and Titanium Slag in an integrated
operation. The BlackRock Project includes what will be the first
VTM mine in North America and is designed to utilize green hydrogen
at the metallurgical plant. These critical minerals will be
transformed in Quebec into green products used by industry to
produce and strengthen steel and aluminum alloys enhancing the
reduction of global GHG emissions.
BOTS INC: Posts $6K Net Income in Second Quarter
------------------------------------------------
BOTS, Inc. filed with the Securities and Exchange Commission its
Quarterly Report on Form 10-Q disclosing net income attributable to
controlling interest of $5,814 for the three months ended Oct. 31,
2021, compared to a net loss attributable to controlling interest
of $50,069 for the three months ended Oct. 31, 2020.
For the six months ended Oct. 31, 2021, the Company reported a net
loss attributable to controlling interest of $45,989 compared to
net income attributable to controlling interest of $57.20 million
for the same period during the prior year.
As of Oct. 31, 2021, the Company had $6.98 million in total assets,
$542,496 in total liabilities, and $6.44 million in total
stockholders' equity.
Cash provided by operating activities was $261,265 for the six
months ended Oct. 31, 2021, compared to cash provided of $80,786
for the six months ended Oct. 31, 2020.
For the six months ending Oct. 31, 2021, the Company's cash
provided by operating activities consisted primarily of the net
loss of $45,989, $315,100 in stock-based compensation, $7,800 in
depreciation and amortization of intangible assets, and an increase
in other receivables of $10,878, and an increase in accounts
receivable of $4,768.
For the six months ending Oct. 31, 2020, the Company's net cash
used by operations consisted primarily of the net income of
$57,190,389 offset by non-cash expenses of $99,696 in depreciation
and amortization of intangible assets, $3,720,000 in stock-based
compensation, accrued interest of $39,948, the effects of
discontinued operations of $317,530, effects of acquisition of
$61,244,071, and $33,690 in impairment.
A full-text copy of the Form 10-Q is available for free at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1525852/000137647421000459/btzi-20211031.htm
About BOTS, Inc.
BOTS, Inc. -- www.BOTS.org -- is in the process of transitioning
into the blockchain and robotics automation industries. From 2015
through 2020 the Company was involved in multiple cannabis business
entities. The Company has elected to discontinue all operations in
the cannabis markets and focus on robotics- Blockchain-based
solutions including decentralized finance applications,
cybersecurity, crypto generation, mining, equipment repair, and
extended warranties on Bitcoin mining equipment.
BOTS reported a net loss attributable to controlling interest of
$8.03 million on zero sales for the year ended April 30, 2021,
compared to a net loss attributable to controlling interest of
$3.88 million on $115 of sales for the year ended April 30, 2020.
BOY SCOUTS: Beasley Allen, Bielli Represent Tort Claimants
----------------------------------------------------------
In the Chapter 11 cases of Boy Scouts of America and Delaware BSA,
LLC, the law firms of Beasley, Allen, Crow, Methvin, Portis &
Miles, P.C. and Bielli & Klauder, LLC submitted a verified
statement under Rule 2019 of the Federal Rules of Bankruptcy
Procedure, to disclose that they are representing the tort
claimants.
Beasley Allen is a domestic professional corporation organized
under the laws of the State of Alabama and maintains offices, among
other locations, at 218 Commerce Street, Montgomery, Alabama
36104.
Beasley Allen has been retained to represent the following
individuals pursuant to their tort claims against the Boy Scouts of
America, Inc. and Delaware BSA, LLC:
a. Claim No: SA-65374
b. Claim No: SA-7162/SA-71642
c. Claim No: SA-65335
d. Claim No: SA-94947/94894
Each of the aforementioned individuals have tort claims, mostly
personally injuries claim against the debtors. These individuals
are located throughout the State of Alabama and the State of
Georgia.
Counsel to the Beasley Allen Law Firm Claimants can be reached at:
BIELLI & KLAUDER, LLC
David M. Klauder, Esq.
1204 N. King Street
Wilmington, DE 19801
Tel: (302) 803-4600
Fax: (302) 397-2557
E-mail: dklauder@bk-legal.com
- and -
BEASLEY, ALLEN, CROW, METHVIN, PORTIS & MILES, P.C.
Leon Hampton, Jr., Esq.
Lauren E. Miles, Esq.
218 Commerce Street
Montgomery, AL 36104
Telephone: (334) 269-2343
Facsimile: (334) 954-7555
E-mail: leon.hampton@beasleyallen.com
Lauren.miles@beasleyallen.com
A copy of the Rule 2019 filing is available at
https://bit.ly/32ISa82 at no extra charge.
About Boy Scouts of America
The Boy Scouts of America -- https://www.scouting.org/ -- is a
federally chartered non-profit corporation under title 36 of the
United States Code. Founded in 1910 and chartered by an act of
Congress in 1916, the BSA's mission is to train youth in
responsible citizenship, character development, and self-reliance
through participation in a wide range of outdoor activities,
educational programs, and, at older age levels, career-oriented
programs in partnership with community organizations. Its national
headquarters is located in Irving, Texas.
The Boy Scouts of America and affiliate Delaware BSA, LLC, sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 20-10343) on
Feb. 18, 2020, to deal with sexual abuse claims.
Boy Scouts of America was estimated to have $1 billion to $10
billion in assets and at least $500 million in liabilities as of
the bankruptcy filing.
The Debtors have tapped Sidley Austin LLP as their bankruptcy
counsel, Morris, Nichols, Arsht & Tunnell LLP as Delaware counsel,
and Alvarez & Marsal North America, LLC as financial advisor. Omni
Agent Solutions is the claims agent.
The U.S. Trustee for Region 3 appointed a tort claimants' committee
and an unsecured creditors' committee on March 5, 2020. The tort
claimants' committee is represented by Pachulski Stang Ziehl &
Jones, LLP, while the unsecured creditors' committee is represented
by Kramer Levin Naftalis & Frankel, LLP.
BOY SCOUTS: Liakos Law Represents Unsecured Claimants
-----------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Liakos Law, APC submitted a verified statement to
disclose that it is representing the unsecured claimants in the
Chapter 11 cases of Boy Scouts of America and Delaware BSA, LLC.
The Clients each hold general unsecured claims against BSA, certain
non-debtor Local Councils, or Chartered Organizations arising from
childhood sexual abuse at the time the Clients were Scouts with the
BSA and the applicable Local Councils and Chartered Organizations.
The names and contact details of the Client were redacted from
publicly available filings.
Claim No: 41202
57563
16194
69955
58112
63249
54778
32134
54818
38973
40988
57380
The Firm can be reached at:
Jennifer R. Liakos, Esq.
LIAKOS LAW, APC
955 Deep Valley Drive
Suite 3900
Palos Verdes Peninsula, CA 90274
Telephone: (310) 961-0066
E-mail: Jenn@jennliakoslaw.com
A copy of the Rule 2019 filing is available at
https://bit.ly/3EAhURi at no extra charge.
About Boy Scouts of America
The Boy Scouts of America -- https://www.scouting.org/ -- is a
federally chartered non-profit corporation under title 36 of the
United States Code. Founded in 1910 and chartered by an act of
Congress in 1916, the BSA's mission is to train youth in
responsible citizenship, character development, and self-reliance
through participation in a wide range of outdoor activities,
educational programs, and, at older age levels, career-oriented
programs in partnership with community organizations. Its national
headquarters is located in Irving, Texas.
The Boy Scouts of America and affiliate Delaware BSA, LLC, sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 20-10343) on
Feb. 18, 2020, to deal with sexual abuse claims.
Boy Scouts of America was estimated to have $1 billion to $10
billion in assets and at least $500 million in liabilities as of
the bankruptcy filing.
The Debtors have tapped Sidley Austin LLP as their bankruptcy
counsel, Morris, Nichols, Arsht & Tunnell LLP as Delaware counsel,
and Alvarez & Marsal North America, LLC as financial advisor. Omni
Agent Solutions is the claims agent.
The U.S. Trustee for Region 3 appointed a tort claimants' committee
and an unsecured creditors' committee on March 5, 2020. The tort
claimants' committee is represented by Pachulski Stang Ziehl &
Jones, LLP, while the unsecured creditors' committee is represented
by Kramer Levin Naftalis & Frankel, LLP.
BOY SCOUTS: Oshan, Klauder Represent Abuse Claimants
----------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firms of Oshan & Associates PC and Atty. David M. Klauder
submitted a verified statement to disclose that they are
representing the abuse victims in the Chapter 11 cases of Boy
Scouts of America and Delaware BSA, LLC.
The Clients each hold general unsecured claims against BSA, certain
non-debtor Local Councils, or Chartered Organizations arising from
childhood sexual abuse at the time the Clients were Scouts with the
BSA and the applicable Local Councils and Chartered Organizations.
The names and contact details of the Client were redacted from
publicly available filings.
Claim No: 643007
55010
120391
643176
120380
54999
676508
643304
643309
42655
643187
Counsel to the Oshan & Associates PC Claimants can be reached at:
David M. Klauder, Esq.
1204 N. King Street
Wilmington, DE. 19801
Tel: (302) 803-4600
Fax: (302) 397-2557
E-mail: dklauder@bk-legal.com
- and -
Oshan & Associates PC
Evan M. Oshan, Esq.
P.O. Box 9091
Seattle WA 98109
Tel: (206) 335-3880
Fax: (206) 905-0918
E-mail: oshanlegal@gmail.com
A copy of the Rule 2019 filing is available at
https://bit.ly/3zg1WdV at no extra charge.
About Boy Scouts of America
The Boy Scouts of America -- https://www.scouting.org/ -- is a
federally chartered non-profit corporation under title 36 of the
United States Code. Founded in 1910 and chartered by an act of
Congress in 1916, the BSA's mission is to train youth in
responsible citizenship, character development, and self-reliance
through participation in a wide range of outdoor activities,
educational programs, and, at older age levels, career-oriented
programs in partnership with community organizations. Its national
headquarters is located in Irving, Texas.
The Boy Scouts of America and affiliate Delaware BSA, LLC, sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 20-10343) on
Feb. 18, 2020, to deal with sexual abuse claims.
Boy Scouts of America was estimated to have $1 billion to $10
billion in assets and at least $500 million in liabilities as of
the bankruptcy filing.
The Debtors have tapped Sidley Austin LLP as their bankruptcy
counsel, Morris, Nichols, Arsht & Tunnell LLP as Delaware counsel,
and Alvarez & Marsal North America, LLC as financial advisor. Omni
Agent Solutions is the claims agent.
The U.S. Trustee for Region 3 appointed a tort claimants' committee
and an unsecured creditors' committee on March 5, 2020. The tort
claimants' committee is represented by Pachulski Stang Ziehl &
Jones, LLP, while the unsecured creditors' committee is represented
by Kramer Levin Naftalis & Frankel, LLP.
BOY SCOUTS: Showard Law Represents Direct Abuse Claimants
---------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Showard Law submitted a verified statement to
disclose that it is representing the Direct Abuse Claimants in the
Chapter 11 cases of Boy Scouts of America and Delaware BSA, LLC.
The names and contact details of the Clients were redacted from
publicly available filings.
* Claim No: 45145
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 65051
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 17338
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 55762
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 64112
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 17181
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 18609
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 17247
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 28180
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 32360
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 39393
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 29088
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 90202
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 90422
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 39844
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
* Claim No: 90018
Claimant's address: c/o Showard Law Firm
1636 N. Swan Rd., Ste., 206
Tucson, AZ 85712
Economic interest: Unliquidated Abuse Claim
Showard Law does not represent the interest of and is not fiduciary
for, any sexual abuse claimant, other creditor, party in interest,
or other entity that has not signed an engagement agreement with
Showard Law.
The undersigned reserved the right to amend or supplement this
Verified Statement in accordance with the requirements of
Bankruptcy Rule 2019 at any time in the future.
Counsel for Direct Abuse Claimants can be reached at:
Sarah Showard
SHOWARD LAW
1636 N. Swan, Ste., 206
Tucson, AZ 85712
E-mail: sjshoward@showardlaw.com
Tel: (520) 622-3344
A copy of the Rule 2019 filing is available at
https://bit.ly/349dYui at no extra charge.
About Boy Scouts of America
The Boy Scouts of America -- https://www.scouting.org/ -- is a
federally chartered non-profit corporation under title 36 of the
United States Code. Founded in 1910 and chartered by an act of
Congress in 1916, the BSA's mission is to train youth in
responsible citizenship, character development, and self-reliance
through participation in a wide range of outdoor activities,
educational programs, and, at older age levels, career-oriented
programs in partnership with community organizations. Its national
headquarters is located in Irving, Texas.
The Boy Scouts of America and affiliate Delaware BSA, LLC, sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 20-10343) on
Feb. 18, 2020, to deal with sexual abuse claims.
Boy Scouts of America was estimated to have $1 billion to $10
billion in assets and at least $500 million in liabilities as of
the bankruptcy filing.
The Debtors have tapped Sidley Austin LLP as their bankruptcy
counsel, Morris, Nichols, Arsht & Tunnell LLP as Delaware counsel,
and Alvarez & Marsal North America, LLC as financial advisor. Omni
Agent Solutions is the claims agent.
The U.S. Trustee for Region 3 appointed a tort claimants' committee
and an unsecured creditors' committee on March 5, 2020. The tort
claimants' committee is represented by Pachulski Stang Ziehl &
Jones, LLP, while the unsecured creditors' committee is represented
by Kramer Levin Naftalis & Frankel, LLP.
BOY SCOUTS: Sullivan Papain Represents Unsecured Claimant
---------------------------------------------------------
Pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure,
the law firm of Sullivan Papain Block McGrath Coffinas & Cannavo,
P.C. submitted a verified statement to disclose that it is
representing the unsecured claimant in the Chapter 11 cases of Boy
Scouts of America and Delaware BSA, LLC.
On February 18, 2020, Boy Scouts of America and Delaware BSA, LLC
filed voluntary petitions for relief under Chapter 11 of Title II
of the United States Code. The Debtors continue to operate and
manage their businesses as debtors in possession pursuant to
sections 1107 and 1108 of the Bankruptcy Code.
The Client holds general unsecured claims against BSA, certain
non-debtor Local Councils, or Chartered Organizations arising from
childhood sexual abuse at the time the Client was a Scout with the
BSA and the applicable Local Councils and Chartered Organizations.
The name and contact details of the Client were redacted from
publicly available filings. The proof of claim number is 91872.
The Firm can be reached at:
SULLIVAN PAPAIN BLOCK MCGRATH
COFFINAS & CANNAVO, P.C.
Frank V. Floriani, Esq.
120 Broadway – 27th Floor
New York, NY 10271
Tel: 212-732-9000
A copy of the Rule 2019 filing is available at
https://bit.ly/3sLwEKI at no extra charge.
About Boy Scouts of America
The Boy Scouts of America -- https://www.scouting.org/ -- is a
federally chartered non-profit corporation under title 36 of the
United States Code. Founded in 1910 and chartered by an act of
Congress in 1916, the BSA's mission is to train youth in
responsible citizenship, character development, and self-reliance
through participation in a wide range of outdoor activities,
educational programs, and, at older age levels, career-oriented
programs in partnership with community organizations. Its national
headquarters is located in Irving, Texas.
The Boy Scouts of America and affiliate Delaware BSA, LLC, sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 20-10343) on
Feb. 18, 2020, to deal with sexual abuse claims.
Boy Scouts of America was estimated to have $1 billion to $10
billion in assets and at least $500 million in liabilities as of
the bankruptcy filing.
The Debtors have tapped Sidley Austin LLP as their bankruptcy
counsel, Morris, Nichols, Arsht & Tunnell LLP as Delaware counsel,
and Alvarez & Marsal North America, LLC as financial advisor. Omni
Agent Solutions is the claims agent.
The U.S. Trustee for Region 3 appointed a tort claimants' committee
and an unsecured creditors' committee on March 5, 2020. The tort
claimants' committee is represented by Pachulski Stang Ziehl &
Jones, LLP, while the unsecured creditors' committee is represented
by Kramer Levin Naftalis & Frankel, LLP.
C-CORE-IN LLC: Case Summary & 18 Unsecured Creditors
----------------------------------------------------
Debtor: C-Core-In, LLC
3918 S Peachtree
Balch Springs, TX 75180
Chapter 11 Petition Date: January 3, 2021
Court: United States Bankruptcy Court
Northern District of Texas
Case No.: 22-30003
Debtor's Counsel: Eric A. Liepins, Esq.
ERIC A. LIEPINS
12770 Coit Road
Suite 850
Dallas, TX 75251
Tel: 972-991-5591
Fax: 972-991-5788
Email: eric@ealpc.com
Total Assets: $1,332,000
Total Liabilities: $2,571,789
The petition was signed by Joaquin Sole as member.
A full-text copy of the petition containing, among other items, a
list of the Debtor's 18 unsecured creditors is available for free
at PacerMonitor.com at:
https://www.pacermonitor.com/view/Q2U7TCY/C-Core-In_LLC__txnbke-22-30003__0001.0.pdf?mcid=tGE4TAMA
CALI RESTAURANT: Seeks to Hire Arguello as Accountant
-----------------------------------------------------
Cali Restaurant and Bakery, Inc. seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to hire
Arguello Accounting and Tax Consultants, Inc. as its accountant.
The firm's services include:
a. Preparing and filing tax returns and conducting tax
research, including contacting the Internal Revenue Service;
b. Preparing or assisting the Debtor in preparing
court-ordered reports, including monthly operating reports and
other documents necessary for the Debtor's plan of reorganization;
and
c. Performing normal accounting and other services required by
the Debtor.
The firm will be paid at an hourly rate of $75.
Erick Arguello of Arguello disclosed in a court filing that the
firm's accountants do not represent any person or entity adverse to
the Debtor and its estate.
The firm can be reached at:
Erick J. Arguello
Arguello Accounting and Tax Consultants, Inc.
2456 Mission Street
San Francisco, CA 94110
Phone: 415-282-8500
Fax: 415-282-4530
Email: erick@arguellofinancial.com
About Cali Restaurant and Bakery
Cali Restaurant and Bakery Inc. sought Chapter 11 protection
(Bankr. M.D. Fla. Case No. 21-05778) on Nov., 10, 2021, listing as
much as $1 million in both assets and liabilities. Mariano
Cardona, manager, signed the petition.
Judge Catherine Peek Mcewen oversees the case.
Buddy D. Ford, PA serves as the Debtor's legal counsel.
CAMBER ENERGY: Extends Maturity of $20.5 Million Notes to 2027
--------------------------------------------------------------
As previously disclosed in filings with the Securities and Exchange
Commission, Camber Energy, Inc. (i) on Dec. 11, 2020, executed and
delivered to an institutional investor a promissory note in the
principal amount of $6,000,000, accruing interest at the rate of
10% per annum and maturing Dec. 11, 2022; (ii) on Dec. 23, 2020,
executed and delivered to the investor a promissory note in the
principal amount of $12,000,000, accruing interest at the rate of
10% per annum and maturing on the maturity date; (iii) on April 23,
2021, executed and delivered to the investor a promissory note in
the principal amount of $2,500,000, accruing interest at the rate
of 10% per annum and maturing on the maturity date, and containing
a provision entitling the investor to convert amounts owing under
the third investor note into shares of common stock of the company
at a fixed price of $1.00 per share, subject to beneficial
ownership limitations; and (iv) on July 9, 2021, amended the
notes.
Effective Dec. 24 2021, Camber and the investor executed amendments
to each of the notes, pursuant to which:
(i) the maturity date of each of the notes was extended to Jan.
1, 2027;
(ii) the conversion price was increased from $1.25 to $1.50 per
share of common stock; and
(iii) the interest rate was decreased from 10% per annum to the
WSJ prime rate.
The effectiveness of the amendments is conditional upon the company
obtaining approval of the increase in its authorized common stock
as outlined in the proxy statement filed by the company with the
Securities and Exchange Commission on Nov. 29, 2021.
About Camber Energy
Based in Houston, Texas, Camber Energy -- http://www.camber.energy
-- is primarily engaged in the acquisition, development and sale of
crude oil, natural gas and natural gas liquids from various known
productive geological formations, including from the Hunton
formation in Lincoln, Logan, Payne and Okfuskee Counties, in
central Oklahoma; the Cline shale and upper Wolfberry shale in
Glasscock County, Texas; and Hutchinson County, Texas, in
connection with its Panhandle acquisition which closed in March
2018.
Camber Energy reported a net loss of $3.86 million for the year
ended March 31, 2020, compared to net income of $16.64 million for
the year ended March 31, 2019. As of Sept. 30, 2020, the Company
had $11.79 million in total assets, $32.48 million in total
liabilities, $38 million in temporary equity, and a total
stockholders' deficit of $58.68 million.
Marcum LLP, in Houston, Texas, the Company's auditor since 2015,
issued a "going concern" qualification in its report dated June 29,
2020, citing that the Company has incurred significant losses from
operations and had an accumulated deficit as of March 31, 2020 and
2019. These factors raise substantial doubt about its ability to
continue as a going concern.
CAMBER ENERGY: Secures $25 Million Loan Commitment From Investor
----------------------------------------------------------------
Camber Energy, Inc. entered into a loan agreement with an investor
pursuant to which the investor irrevocably agreed to loan the
company $25,000,000 on Dec. 31, 2021, subject to certain terms and
conditions.
Features of the Loan include: (i) a maturity date of Jan. 1, 2027;
(ii) an interest rate equal to the Wall Street Journal Prime Rate,
and payable at maturity: (iii) an original issue discount equal to
5%; and (iv) a conversion feature entitling the Investor to convert
all or part of the principal amount of the Loan into shares of
common stock of the Company at a price equal to $1.50 per share,
subject to a 9.99% beneficial ownership limitation.
The Company is to use the proceeds of the Loan; (i) to redeem all
issued and outstanding shares of Series C Redeemable Convertible
Preferred Stock of the Company not beneficially owned by Investor
or its affiliates; (ii) to pay all secured loans due and payable
within 90 days of the Closing; and (ii) to the extent the above
items are satisfied and there are surplus proceeds available, for
working capital purposes. The Loan will be a secured by a
first-priority security interest in the Company's assets, including
a pledge of the shares of common stock owned by the Company in
Viking Energy Group, Inc., and evidenced by a Security Agreement
and Security-Pledge Agreement on terms and conditions similar to
existing agreements between the Company and the Investor. The Loan
will also be supported by a Guaranty from Viking, consistent with
existing loan arrangements with the Investor.
The Loan is subject to certain conditions, including the Company
obtaining on or before Dec. 31, 2021 approval of the increase in
its authorized common stock as outlined in the proxy statement
filed by the Company with the Securities and Exchange Commission on
Nov. 29, 2021.
If the Loan transaction closes, the Company has agreed to execute
concurrent therewith a Warrant Agreement in favor of the Investor
entitling the Investor to purchase up to 50,000,000 shares of
common stock of the Company at an exercise price of $10.00 per
share for the first 25,000,000 shares, and $20.00 per share for the
remaining 25,000,000 shares. The Warrant Agreement will have a
term of five years. There is no guaranty the Loan transaction will
close.
About Camber Energy
Based in Houston, Texas, Camber Energy -- http://www.camber.energy
-- is primarily engaged in the acquisition, development and sale of
crude oil, natural gas and natural gas liquids from various known
productive geological formations, including from the Hunton
formation in Lincoln, Logan, Payne and Okfuskee Counties, in
central Oklahoma; the Cline shale and upper Wolfberry shale in
Glasscock County, Texas; and Hutchinson County, Texas, in
connection with its Panhandle acquisition which closed in March
2018.
Camber Energy reported a net loss of $3.86 million for the year
ended March 31, 2020, compared to net income of $16.64 million for
the year ended March 31, 2019. As of Sept. 30, 2020, the Company
had $11.79 million in total assets, $32.48 million in total
liabilities, $38 million in temporary equity, and a total
stockholders' deficit of $58.68 million.
Marcum LLP, in Houston, Texas, the Company's auditor since 2015,
issued a "going concern" qualification in its report dated June 29,
2020, citing that the Company has incurred significant losses from
operations and had an accumulated deficit as of March 31, 2020 and
2019. These factors raise substantial doubt about its ability to
continue as a going concern.
CHESAPEAKE ENERGY: Corrects Error in Vine Financial Statements
--------------------------------------------------------------
Chesapeake Energy Corporation filed with the Securities and
Exchange Commission a post-effective amendment in order to correct
certain errors in the historical unaudited condensed consolidated
financial statements of Vine Energy Inc. as of and for the nine
months ended Sept. 30, 2021 and the related unaudited pro forma
condensed combined financial statements of Chesapeake as of and for
the nine months ended Sept. 30, 2021, both as previously filed in
the pre-effective Amendment No. 1 to Chesapeake's Registration
Statement on Form S-3, filed with the SEC on Nov. 23, 2021.
The errors relate to the valuation of Vine Energy Inc.'s short-term
derivative liability, which was identified during Chesapeake's
review of financial statement balances for use in applying the
acquisition method of accounting. No other change is being made to
any part of the prospectus contained in Amendment No. 1 to the
Registration Statement.
A copy of the SEC filing is available for free at
https://bit.ly/3sQRg4k
About Chesapeake Energy Corporation
Chesapeake Energy Corporation (NASDAQ: CHK) engages in the
acquisition, exploration, and development of properties for the
production of oil, natural gas, and natural gas liquids (NGL) from
underground reservoirs in the United States. The company was
founded in 1989 and is headquartered in Oklahoma City, Oklahoma.
Chesapeake Energy and its affiliates sought Chapter 11 protection
(Bankr. S.D. Tex. Lead Case No. 20-33233) on June 28, 2020, after
reaching terms of a Chapter 11 plan of reorganization to eliminate
approximately $7 billion of debt.
The Debtors tapped Kirkland & Ellis LLP as legal counsel, Jackson
Walker LLP as co-counsel and conflicts counsel, Alvarez & Marsal as
restructuring advisor, Rothschild & Co and Intrepid Financial
Partners as financial advisors, and Reevemark as communications
advisor. Epiq Global served as claims agent.
Wachtell, Lipton, Rosen & Katz served as legal counsel to
Chesapeake Energy's Board of Directors.
MUFG Union Bank, N.A., the DIP facility agent and exit facilities
agent, tapped Sidley Austin LLP as legal counsel, RPA Advisors LLC
as financial advisor, and Houlihan Lokey Capital Inc. as investment
banker.
Davis Polk & Wardell LLP and Vinson & Elkins L.L.P. served as legal
counsel to an ad hoc group of first lien last out term loan lenders
while Perella Weinberg Partners and Tudor, Pickering, Holt & Co.
served as the group's investment bankers.
Franklin Advisers, Inc., tapped Akin Gump Strauss Hauer & Feld LLP
as legal counsel, FTI Consulting, Inc. as financial advisor, and
Moelis & Company LLC as investment banker.
On July 9, 2020, the Office of the U.S. Trustee appointed a
committee to represent unsecured creditors in Debtors' Chapter 11
cases. The unsecured creditors' committee tapped Brown Rudnick,
LLP and Norton Rose Fulbright US, LLP as its legal counsel, and
AlixPartners, LLP as its financial advisor.
On July 24, 2020, the bankruptcy watchdog appointed a committee of
royalty owners. The royalty owners' committee was represented by
Forshey & Prostok, LLP.
The Debtors obtained confirmation of their exit plan on January 16,
2021, and emerged from Chapter 11 the following month.
This concludes the Troubled Company Reporter's coverage of
Chesapeake Energy until facts and circumstances, if any, emerge
that demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.
CLEARPOINT NEURO: Board Adopts Third Amended and Restated Bylaws
----------------------------------------------------------------
Effective as of Dec. 16, 2021, the Board of Directors of ClearPoint
Neuro, Inc. adopted the Third Amended and Restated Bylaws, which
more closely conform to the language of the Delaware General
Corporate Law, address certain non-substantive or technical edits
and provide for an exclusive forum provision.
About ClearPoint Neuro
ClearPoint Neuro formerly MRI Interventions, Inc. --
http://www.clearpointneuro.com-- is a medical device company that
develops and commercializes innovative platforms for performing
minimally invasive surgical procedures in the brain under direct,
intra-procedural magnetic resonance imaging, or MRI, guidance.
Applications of the Company's current product portfolio include
deep-brain stimulation, laser ablation, biopsy, neuro-aspiration,
and delivery of drugs, biologics, and gene therapy to the brain.
Clearpoint Neuro reported a net loss of $6.78 million for the year
ended Dec. 31, 2020, compared to a net loss of $5.54 million for
the year ended Dec. 31, 2019. As of Sept. 30, 2021, the Company
had $68.70 million in total assets, $24.58 million in total
liabilities, and $44.12 million in total stockholders' equity.
CLEVELAND-CLIFFS: Amends BofA Deal to Get Additional Financing
--------------------------------------------------------------
Cleveland-Cliffs Inc., an Ohio corporation, entered into a Third
Amendment to Asset-Based Revolving Credit Agreement, by and among
the Company, the lenders party thereto and Bank of America N.A., as
administrative agent.
The Third Amendment amends the Asset-Based Revolving Credit
Agreement, dated as of March 13, 2020, by and among the Company,
the lenders from time to time party thereto and the Agent. The
Third Amendment, among other things, increases the amount of
tranche A revolver commitments available thereunder by an
additional $1 billion and exchanges $150 million of tranche B
revolver commitments available thereunder for tranche A revolver
commitments. After giving effect to the Third Amendment, the
aggregate principal amount of tranche A revolver commitments under
the Credit Agreement is $4.5 billion and the aggregate principal
amount of tranche B revolver commitments under the Credit Agreement
is $0. The increase is a result of a larger projected borrowing
base driven by more favorable market conditions.
About Cleveland-Cliffs Inc.
Headquartered in Cleveland, Ohio, Cleveland-Cliffs Inc.
manufactures custom-made pellets and hot briquetted iron (HBI),
flat-rolled carbon steel, stainless, electrical, plate, tinplate
and long steel products, as well as carbon and stainless steel
tubing, hot and cold stamping and tooling.
Egan-Jones Ratings Company, on November 5, 2021 maintained its 'B+'
local currency senior unsecured ratings on debt issued by
Cleveland-Cliffs.
In November, S&P Global Ratings raised its issuer credit rating on
Cleveland-Cliffs to 'B+' from 'B'. The outlook is positive.
In October, Moody's Investors Service noted that Cleveland-Cliffs'
acquisition of Ferrous Processing and Trading Company for $775
million will not impact the company's ratings including its Ba3
corporate family rating or its positive ratings outlook.
Meanwhile, Fitch Ratings upgraded the Issuer Default Ratings (IDRs)
for Cleveland-Cliffs and its subsidiary, AK Steel Corporation to
'BB-' from 'B'. Fitch also upgraded both companies' debt ratings.
This concludes the Troubled Company Reporter's coverage of
Cleveland-Cliffs until facts and circumstances, if any, emerge that
demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.
CLH INVESTMENT: Case Summary & Three Unsecured Creditors
--------------------------------------------------------
Debtor: CLH Investment Company, LLC
6290 Buford Highway
Norcross, GA 30071
Business Description: CLH Investment Company, LLC is a Single
Asset Real Estate debtor (as defined in 11
U.S.C. Section 101(51B)).
Chapter 11 Petition Date: January 3, 2022
Court: United States Bankruptcy Court
Northern District of Georgia
Case No.: 22-50032
Debtor's Counsel: Will Geer, Esq.
WIGGAM & GEER, LLC
50 Hurt Plaza, SE, Suite 1150
Atlanta, GA 30303
Tel: 404-233-9800
Email: wgeer@wiggamgeer.com
Estimated Assets: $0 to $50,000
Estimated Liabilities: $1 million to $10 million
The petition was signed by Ki Hong Han, managing member.
A full-text copy of the petition containing, among other items, a
list of the Debtor's three unsecured creditors is available for
free at PacerMonitor.com at:
https://www.pacermonitor.com/view/TRQOTKA/CLH_Investment_Company_LLC__ganbke-22-50032__0001.0.pdf?mcid=tGE4TAMA
COLDWATER DEVELOPMENT: Trustee Taps Brutzkus Gubner as Counsel
--------------------------------------------------------------
Sam Leslie, Chapter 11 trustee for Coldwater Development, LLC and
Lydda Lud, LLC, seeks approval from the U.S. Bankruptcy Court for
the Central District of California to hire Brutzkus Gubner as his
legal counsel.
The firm's services include:
a. Advising the trustee regarding the requirements of the
Bankruptcy Court, Bankruptcy Code, Bankruptcy Rules and the Office
of the U.S. Trustee;
b. Advising the trustee regarding the rights and remedies of
the Debtors' bankruptcy estates, and the rights, claims and
interests of creditors;
c. Representing the trustee in any proceeding or hearing
before the bankruptcy court;
d. Conducting examinations of witnesses, claimants or adverse
parties and representing the trustee in any adversary proceeding
except to the extent any such matters involve an area of law
outside of the firm's expertise;
e. Preparing legal papers; and
f. Performing other necessary legal services.
The hourly rates charged by the firm for its services range from
$100 to $895. In addition, the firm will seek reimbursement for
work-related expenses.
David Seror, Esq., a partner at Brutzkus Gubner, disclosed in a
court filing that his firm neither holds nor represents any
interest materially adverse to the interests of the Debtors'
estates, creditors and equity security holders.
Brutzkus Gubner can be reached at:
David Seror, Esq.
Brutzkus Gubner
21650 Oxnard Street, Suite 500
Woodland Hills, CA 91367
Phone: (818) 827-9000
Fax: (818) 827-9099
Email: dseror@bg.law
ecf@bg.law
About Coldwater Development
Los Angeles-based Coldwater Development, LLC and its affiliate
Lydda Lud, LLC filed Chapter 11 petitions (Bankr. C.D. Calif. Lead
Case No. 21-10335) on Jan. 15, 2021. In the petitions, both
Debtors disclosed $50 million to $100 million in assets and $10
million to $50 million in liabilities. Mohamed Hadid, member,
signed the petitions.
Judge Sheri Bluebond presides over the cases.
Arent Fox, LLP serves as the Debtor's bankruptcy counsel.
Sam S. Leslie is the Chapter 11 trustee appointed in the Debtors'
cases. The trustee is represented by David Seror, Esq., at
Brutzkus Gubner.
CYTOSORBENTS CORP: Signs Open Market Sale Agreement With Jefferies
------------------------------------------------------------------
CytoSorbents Corporation entered into an Open Market Sale
Agreement(SM) with Jefferies LLC, pursuant to which the Company may
sell, from time to time, at its option, shares of the Company's
common stock, $0.001 par value per share, through the Agent, as the
Company's sole sales agent. Any Share to be offered and sold under
the Sale Agreement will be issued and sold pursuant to the
Company's previously filed and currently effective registration
statement on Form S-3 (File No. 333-257910) by methods deemed to be
an "at the market offering" as defined in Rule 415(a)(4)
promulgated under the Securities Act of 1933, as amended, in block
transactions or if consented to by the Company, in negotiated
transactions.
Subject to the terms of the Sale Agreement, the Agent will use
reasonable efforts to sell the Shares from time to time, based upon
the Company's instructions (including any price, time or size
limits or other customary parameters or conditions the Company may
impose). The Company cannot provide any assurances that it will
issue any Shares pursuant to the Sale Agreement. The Company will
pay the Agent a commission equal to 3.0% of the gross proceeds from
the sale of the Shares, if any. The Company has also agreed to
provide the Agent with customary indemnification rights. The
offering of the Shares will terminate upon the termination of the
Sale Agreement by the parties thereto.
The Shares to be sold under the Sale Agreement, if any, will be
issued and sold pursuant to the Registration Statement, which
previously was filed with the Securities and Exchange Commission on
July 14, 2021, amended on July 20, 2021, and declared effective by
the SEC on July 27, 2021. A prospectus supplement related to the
offering of up to $25,000,000 of Shares has been filed with the SEC
on Dec. 30, 2021.
The Company ended the third quarter of 2021 with a cash balance of
approximately $61.0 million and no debt. The Company has entered
into the Sale Agreement as a matter of good corporate governance to
provide greater flexibility with respect to its general long-term
financing strategy and, as of the filing of this Current Report on
Form 8-K, does not intend to immediately sell Shares under the Sale
Agreement.
About CytoSorbents
Based in Monmouth Junction, New Jersey, CytoSorbents Corporation is
engaged in critical care immunotherapy, specializing in blood
purification. Its flagship product, CytoSorb is approved in the
European Union with distribution in 67 countries around the world,
as an extracorporeal cytokine adsorber designed to reduce the
"cytokine storm" or "cytokine release syndrome" that could
otherwise cause massive inflammation, organ failure and death in
common critical illnesses. These are conditions where the risk of
death is extremely high, yet no effective treatments exist.
Cytosorbents reported a net loss of $7.84 million for the year
ended Dec. 31, 2020, compared to a net loss of $19.26 million for
the year ended Dec. 31, 2019. As of Sept. 30, 2021, the Company
had $95.07 million in total assets, $24.46 million in total
liabilities, and $70.61 million in total stockholders' equity.
DIGIPATH INC: Incurs $686,503 Net Loss in FY Ended Sept. 30
-----------------------------------------------------------
Digipath, Inc. filed with the Securities and Exchange Commission
its Annual Report on Form 10-K disclosing a net loss of $686,503 on
$2.50 million of revenues for the year ended Sept. 30, 2021,
compared to a net loss of $2.31 million on $2.57 million of
revenues for the year ended Sept. 30, 2020.
As of Sept. 30, 2021, the Company had $1.89 million in total
assets, $2.94 million in total liabilities, and a total
stockholders' deficit of $1.05 million.
Houston, Texas-based M&K CPAS, PLLC, the Company's auditor since
2017, issued a "going concern" qualification in its report dated
Dec. 29, 2021, citing that the Company has recurring losses from
operations and insufficient working capital, which raises
substantial doubt about its ability to continue as a going
concern.
A full-text copy of the Form 10-K is available for free at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1502966/000149315221032711/form10-k.htm
About DigiPath
Headquartered in Las Vegas, Nevada, Digipath, Inc. --
http://www.digipath.com-- offers full-service testing lab for
cannabis, hemp and ancillary cannabis and hemp infused products
serving growers, dispensaries, caregivers, producers, patients and
eventually all end users of cannabis and botanical products.
DIOCESE OF ROCKVILLE: Seeks to Tap Real Estate Counsel, Appraiser
-----------------------------------------------------------------
The Roman Catholic Diocese of Rockville Centre, New York seeks
approval from the U.S. Bankruptcy Court for the Southern District
of New York to employ Standard Valuation Services as a real estate
appraiser and Forchelli Deegan Terrana, LLP as special real estate
counsel.
Standard will appraise the property held by the Seminary of the
Immaculate Conception while Forchelli will evaluate the potential
zoning, environmental, regulatory, or other legal hurdles
associated with the potential development of the property.
Standard's fee quote for the appraisal of the property is $30,000.
The appraisal fee quote excludes expert witness services, for which
associated time is billed at $500 per hour. All other consultant
services are billed at $250 per hour.
Meanwhile, Forchelli will be paid at hourly rates as follows:
Jeffrey Forchelli $760 per hour
Gerard Luckman $695 per hour
William Bonesso $595 per hour
Brian Kennedy $470 per hour
As disclosed in court filings, the firms neither represent nor hold
any interest adverse to the Debtor and its estate.
The firms can be reached through:
Andrew W. Albro
Standard Valuation Services
27 East Jericho Turnpike
Mineola, NY 11501
Phone: +1 516-248-6922 Ext: 242
Email: aalbro@standardvaluation.com
-- and --
Jeffrey D. Forchelli, Esq.
Forchelli Deegan Terrana LLP
333 Earle Ovington Blvd., Suite 1010
Uniondale, NY 11553
Phone: +1 516-248-1700
Email: jforchelli@forchellilaw.com
About The Roman Catholic Diocese of
Rockville Centre, New York
The Roman Catholic Diocese of Rockville Centre, New York, is the
seat of the Roman Catholic Church on Long Island. The Diocese has
been under the leadership of Bishop John O. Barres since February
2017. The State of New York established the Diocese as a religious
corporation in 1958. The Diocese is one of eight Catholic dioceses
in New York, including the Archdiocese of New York. The Diocese's
total Catholic population is approximately 1.4 million, roughly
half of Long Island's total population of 3.0 million. The Diocese
is the eighth largest diocese in the United States when measured by
the number of baptized Catholics.
The Roman Catholic Diocese of Rockville Centre, New York, filed a
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 20-12345) on Sept.
30, 2020. The Diocese was estimated to have $100 million to $500
million in assets and liabilities as of the filing.
The Hon. Shelley C. Chapman is the case judge.
The Diocese tapped Jones Day as legal counsel, Alvarez & Marsal
North America, LLC, as restructuring advisor, and Sitrick and
Company, Inc., as communications consultant. Epiq Corporate
Restructuring, LLC, is the claims agent.
The U.S. Trustee for Region 2 appointed a committee to represent
unsecured creditors in the Diocese's case. The committee retained
Pachulski Stang Ziehl & Jones, LLP as its legal counsel and Ruskin
Moscou Faltischek, PC as special real estate counsel.
DOLPHIN ENTERTAINMENT: Inks $25M Stock Purchase Deal With Lincoln
-----------------------------------------------------------------
Dolphin Entertainment, Inc. entered into a purchase agreement with
Lincoln Park Capital Fund, LLC, which provides that, upon the terms
and subject to the conditions and limitations, the Company may sell
to Lincoln Park up to $25,000,000 of shares of its common stock,
par value $0.015 per share over the 36 month term of the Purchase
Agreement. Concurrently with entering into the Purchase Agreement,
the Company also entered into a registration rights agreement with
Lincoln Park, pursuant to which it agreed to provide Lincoln Park
with certain registration rights related to the shares issued under
the Purchase Agreement.
On Dec. 30, 2021, the Company issued 51,827 shares of Common Stock
to Lincoln Park as an initial fee for its commitment to purchase
shares of its Common Stock under the Purchase Agreement. Upon the
occurrence of certain events as set forth in the Purchase
Agreement, the Company will issue 37,019 additional shares of its
Common Stock. Beginning one business day following the Commencement
Date and thereafter, the Company has the right, but not the
obligation, on any business day selected by the Company, provided
that on such day the last closing sale price per-share of its
Common Stock is not less than $1.00 as reported by the Nasdaq
Capital Market, to require Lincoln Park to purchase up to 50,000
shares of Common Stock at the Purchase Price per purchase notice.
The Regular Purchase Amount may be increased to up to 75,000 shares
if the closing price is not below $10.00, as reported by the Nasdaq
Capital Market, and up to 100,000 shares if the closing price is
not below $12.50, as reported by the Nasdaq Capital Market.
Lincoln Park's committed obligation under each Regular Purchase
shall not exceed $2,000,000, provided that the Parties may mutually
agree at any time to increase the Regular Purchase Amount on any
Purchase Date at the Purchase Price, above and beyond the foregoing
amounts that the Investor is committed to purchase. The purchase
price for Regular Purchases will be equal to the lesser of: (i)
the lowest sale price of the common shares during the Purchase
Date, or (ii) the average of the three lowest closing sale prices
of the common shares during the 10 business days prior to the
Purchase Date. The Company shall have the right to submit a Regular
Purchase notice to the Investor as often as every business day. A
Regular Purchase notice is delivered to the Investor after the
market has closed (i.e. after 4:00 P.M. Eastern Time) so that the
Purchase Price is always fixed and known at the time the Company
elects to sell shares to Lincoln Park.
In addition to Regular Purchases and provided that the Company has
directed a Regular Purchase in full, the Company in its sole
discretion may require Lincoln Park on each Purchase Date to
purchase on the following business day up to the lesser of (i)
three times the number of shares purchased pursuant to such Regular
Purchase or (ii) 30% of the trading volume on the Accelerated
Purchase Date at a purchase price equal to the lesser of 96% of (i)
the closing sale price on the Accelerated Purchase Date, or (ii)
the Accelerated Purchase Date's volume weighted average price. The
Parties may mutually agree to increase the number of common shares
sold to the Investor on any Accelerated Purchase Date at the
Accelerated Purchase Price. The Company will have the right in its
sole discretion to set a minimum price threshold for each
Accelerated Purchase in the notice provided with respect to such
Accelerated Purchase and the Company may direct multiple
Accelerated Purchases in a day provided that delivery of shares has
been completed with respect to any prior Regular and Accelerated
Purchases that Lincoln Park has purchased.
The Company may also direct Lincoln Park, on any business day on
which an Accelerated Purchase has been completed and all of the
shares to be purchased thereunder have been properly delivered to
Lincoln Park in accordance with the Purchase Agreement, to make
additional purchases upon the same terms as an Accelerated
Purchase.
The purchase price of Regular Purchases, Accelerated Purchases and
Additional Accelerated Purchases and the minimum closing sale price
for a Regular Purchase will be adjusted for any reorganization,
recapitalization, non-cash dividend, stock split, reverse stock
split or other similar transaction occurring during the business
days used to compute the purchase price. The aggregate number of
shares that the Company can sell to Lincoln Park under the Purchase
Agreement may in no case exceed 1,592,914 shares (subject to
adjustment as described above) of the Common Shares (which is equal
to approximately 19.99% of the shares of the Common Shares
outstanding immediately prior to the execution of the Purchase
Agreement), unless (i) shareholder approval is obtained to issue
Purchase Shares above the Exchange Cap, in which the Exchange Cap
will no longer apply, or (ii) the average price of all applicable
sales of Common Shares to Lincoln Park under the Purchase Agreement
equals or exceeds $9.046 per share (subject to adjustment as
described above) (which represents the Minimum Price, as defined
under Nasdaq Listing Rule 5635(d), on the Nasdaq Global Market
immediately preceding the signing of the Purchase Agreement, such
that the transactions contemplated by the Purchase Agreement are
exempt from the Exchange Cap limitation under applicable Nasdaq
rules); provided that at no time may Lincoln Park (together with
its affiliates) beneficially own more than 9.99% of the Company's
issued and outstanding Common Shares.
The Purchase Agreement contains customary representations,
warranties, covenants, closing conditions, indemnification and
termination provisions. Sales under the Purchase Agreement may
commence only after certain conditions have been satisfied, which
conditions include the delivery to Lincoln Park of a prospectus
supplement covering the shares of Common Shares issued or sold by
the Company to Lincoln Park under the Purchase Agreement, the
filing with the Nasdaq Stock Market of a Listing of Additional
Shares notification with respect to the Shares and Nasdaq having
raised no objection to the consummation of transactions
contemplated under the Purchase Agreement, and the receipt by
Lincoln Park of a customary opinion of counsel and other
certificates and closing documents.
The Purchase Agreement may be terminated by the Company at any
time, at its sole discretion, without any cost or penalty, by
giving one business day notice to Lincoln Park to terminate the
Purchase Agreement. Lincoln Park has covenanted not to cause or
engage in any manner whatsoever, any direct or indirect short
selling or hedging of the Common Shares. Although the Company has
agreed to reimburse Lincoln Park for a limited portion of the fees
it incurred in connection with the Purchase Agreement, the Company
did not pay any additional amounts to reimburse or otherwise
compensate Lincoln Park in connection with the transaction, other
than the issuance of the Commitment Shares.
There are no limitations on the use of proceeds, financial or
business covenants, restrictions on future financings (other than
restrictions on the Company's ability to enter into a similar type
of agreement during the Term, excluding an At-The-Market
transaction with a registered broker-dealer), rights of first
refusal, participation rights, penalties or liquidated damages in
the Purchase Agreement. The Company may deliver Purchase Notices
under the Purchase Agreement, subject to market conditions, and in
light of its capital needs, from time to time and under the
limitations contained in the Purchase Agreement. Any proceeds that
the Company receives under the Purchase Agreement are expected to
be used for working capital and general corporate purposes.
The issuance of the Purchase Shares and Commitment Shares have been
registered pursuant to the Company's effective shelf registration
statement on Form S-3 (File No. 333-259132), and the related base
prospectus included in the Registration Statement, as supplemented
by a prospectus supplement to be filed on or around the
Commencement Date.
About Dolphin Entertainment
Headquartered in Coral Gables, Florida, Dolphin Entertainment, Inc.
-- http://www.dolphinentertainment.com-- is an independent
entertainment marketing and premium content development company.
Through its subsidiaries, 42West LLC, The Door Marketing Group LLC
and Shore Fire Media, Ltd, the Company provides expert strategic
marketing and publicity services to many of the top brands, both
individual and corporate, in the entertainment, hospitality and
music industries.
Dolphin Entertainment reported a net loss of $1.94 million for the
year ended Dec. 31, 2020, compared to a net loss of $2.33 million
for the year ended Dec. 31, 2019. As of Sept. 30, 2021, the
Company had $54.13 million in total assets, $30.60 million in total
liabilities, and $23.53 million in total stockholders' equity.
Miami, Florida-based BDO USA, LLP, the Company's auditor since
2014, issued a "going concern" qualification in its report dated
April 15, 2021, citing that the Company has suffered recurring
losses from operations, and at Dec. 31, 2020, has an accumulated
deficit, and a working capital deficit that raise substantial doubt
about the Company's ability to continue as a going concern.
EDWARD ZENGEL: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Edward Zengel & Son Express, Inc.
4180 Canal Street
Fort Myers, FL 33916
Chapter 11 Petition Date: January 1, 2021
Court: United States Bankruptcy Court
Middle District of Florida
Case No.: 22-00001
Debtor's Counsel: Mike Dal Lago, Esq.
DAL LAGO LAW
999 Vanderbilt Beach Rd. Suite 200
Naples, FL 34108
Tel: 239-571-6877
Email: mike@dallagolaw.com
Estimated Assets: $100,000 to $500,000
Estimated Liabilities: $1 million to $10 million
The petition was signed by Edward Zengel, Jr., president.
A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at PacerMonitor.com at:
https://www.pacermonitor.com/view/W5QLQ3A/Edward_Zengel__Son_Express_Inc__flmbke-22-00001__0003.0.pdf?mcid=tGE4TAMA
A full-text copy of the petition is available for free at
PacerMonitor.com at:
https://www.pacermonitor.com/view/WW2DRDA/Edward_Zengel__Son_Express_Inc__flmbke-22-00001__0001.0.pdf?mcid=tGE4TAMA
EVERYTHING BLOCKCHAIN: Posts $3.2-Mil. Net Income in Third Quarter
------------------------------------------------------------------
Everything Blockchain, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing net income
of $3.23 million on $4.91 million of total revenue for the three
months ended Oct. 31, 2021, compared to a net loss of $140,000 on
$62,000 of total revenue for the three months ended Oct. 31, 2020.
For the nine months ended Oct. 31, 2021, the Company reported net
income of $6.54 million on $11.60 million of total revenue compared
to a net loss of $49.41 million on $62,000 of total revenue for the
same period during the prior year.
As of Sept. 30, 2021, the Company had $20.14 million in total
assets, $1.10 million in total liabilities, and $19.04 million in
total stockholders' equity.
During the nine months ended Oct. 31, 2021 the Company gained $1.5
million in cash. Its cash on hand as Oct. 31, 2021 was $1.5
million. Based on the Company's revenues, cash on hand and current
monthly burn rate, the Company can sustain its operations going
forward.
Net cash used in operating activities was $2.0 million for the nine
months ended Oct. 31, 2021. The Company had net income of $6.5
million, which included fair value adjustment to cryptocurrencies
of $4.7 million.
A full-text copy of the Form 10-Q is available for free at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1730869/000147793221009254/obtx_10q.htm
About Everything Blockchain
Headquartered in Fleming Island, Florida, Everything Blockchain,
Inc. (fka OBITX, Inc.) is a developer, engineer, and consultant in
the industry of blockchain technologies.
OBITX reported net loss of $49.30 million for the year ended Jan.
31, 2021, compared to a net loss of $188,192 for the ear ended Jan.
31, 2020. As of July 31, 2021, the Company had $17.04 million in
total assets, $1.55 million in total liabilities, and $15.49
million in total stockholders' equity.
Tel Aviv, Israel-based Weinstein International CPA, the Company's
auditor since 2021, issued a "going concern" qualification in its
report dated May 13, 2021, citing that as of Jan. 31, 2021, the
Company suffered losses from operations in all years since
inception and has a nominal working capital deficit. These and
other factors raise substantial doubt about the Company's ability
to continue as a going concern.
EVOKE PHARMA: Receives Noncompliance Notice From Nasdaq
-------------------------------------------------------
Evoke Pharma, Inc. received a letter from the Nasdaq staff on Dec.
29, 2021, indicating that, for the last thirty consecutive business
days, the bid price for the Company's common stock had closed below
the minimum $1.00 per share requirement for continued listing on
The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2).
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company
has been provided an initial period of 180 calendar days, or until
June 27, 2022, to regain compliance. The letter states that the
Nasdaq staff will provide written notification that the Company has
achieved compliance with Rule 5550(a)(2) if at any time before June
27, 2022, the bid price of the Company's common stock closes at
$1.00 per share or more for a minimum of ten consecutive business
days. The Nasdaq letter has no immediate effect on the listing or
trading of the Company's common stock and the common stock will
continue to trade on The Nasdaq Capital Market under the symbol
"EVOK."
The Company intends to monitor the bid price of its common stock
and consider available options if its common stock does not trade
at a level likely to result in the Company regaining compliance
with Nasdaq's minimum bid price rule by June 27, 2022.
If the Company does not regain compliance with Rule 5550(a)(2) by
June 27, 2022, the Company may be eligible for an additional 180
calendar day compliance period. To qualify, the Company would be
required to meet the continued listing requirement for market value
of publicly held shares and all other initial listing standards for
The Nasdaq Capital Market, with the exception of the bid price
requirement, and would need to provide written notice of its
intention to cure the deficiency during the second compliance
period, by effecting a reverse stock split, if necessary. However,
if it appears to the Nasdaq staff that the Company will not be able
to cure the deficiency, or if the Company is otherwise not
eligible, the Nasdaq staff would notify the Company that its
securities would be subject to delisting. In the event of such a
notification, the Company may appeal the Nasdaq staff's
determination to delist its securities, but there can be no
assurance the Nasdaq staff would grant the Company's request for
continued listing.
About Evoke Pharma
Headquartered in Solana Beach, California, Evoke --
http://www.evokepharma.com-- is a specialty pharmaceutical
company
focused primarily on the development of drugs to treat GI disorders
and diseases. The Company is developing Gimoti, a nasal spray
formulation of metoclopramide, for the relief of symptoms
associated with acute and recurrent diabetic gastroparesis in
adult
women.
Evoke Pharma reported a net loss of $13.15 million for the year
ended Dec. 31, 2020, compared to a net loss of $7.12 million for
the year ended Dec. 31, 2019. As of Sept. 30, 2021, the Company
had $11.65 million in total assets, $6.88 million in total
liabilities, and $4.77 million in total stockholders' equity.
BDO USA, LLP, in San Diego, California, the Company's auditor since
2014, issued a "going concern" qualification in its report dated
March 11, 2021, citing that the Company has suffered recurring
losses from operations and has not generated significant revenues
or positive cash flows from operations. These factors raise
substantial doubt about the Company's ability to continue as a
going concern.
FINANCIAL GRAVITY: Incurs $7.4-Mil. Net Loss in FY Ended Sept. 30
-----------------------------------------------------------------
Financial Gravity Companies Inc. filed with the Securities and
Exchange Commission its Annual Report on Form 10-K disclosing a net
loss of $7.42 million on $6.67 million of total revenue for the
year ended Sept. 30, 2021, compared to a net loss of $791,675 on
$3.69 million of total revenue for the year ended Sept. 30, 2020.
As of Sept. 30, 2021, the Company had $4.35 million in total
assets, $2.20 million in total liabilities, and $2.15 million in
total stockholders' equity.
Fort Worth, Texas-based Weaver and Tidwell, LLP, the Company's
auditor since 2020, issued a "going concern" qualification in its
report dated Dec. 29, 2021, citing that the Company incurred a net
loss and a net use of operating cash in the current year and
currently has a retained deficit that raises substantial doubt
about its ability to continue as a going concern.
A full-text copy of the Form 10-K is available for free at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1377167/000168316821006644/fingravity_i10k-093021.htm
About Financial Gravity
Headquartered in Austin Texas, Financial Gravity Companies, Inc. is
a parent company of stock brokerage, investment advisory, asset
management, tax planning for business and personal, and financial
advisor services companies.
FLAVA WORKS: Seeks to Hire Blaise and Nitschke as Special Counsel
-----------------------------------------------------------------
Flava Works, Inc. seeks approval from the U.S. Bankruptcy Court for
the Northern District of Illinois to hire Blaise and Nitschke, P.C.
as special counsel.
The Debtor needs the firm's legal assistance to investigate claims
and possible filing of cases concerning copyright infringements.
The firm will be compensated on a contingency basis and will be
reimbursed for work-related expenses. The hourly rates charged by
the firm's attorneys and paralegals are as follows:
Partners $475 to $500 per hour;
Associates $250 per hour
Paralegals $150 per hour
Heather Blaise, Esq., at Blaise and Nitschke, disclosed in a court
filing that the firm is a "disinterested person" within the meaning
of Section 101(14) of the Bankruptcy Code.
The firm can be reached at:
Heather Blaise, Esq.
Blaise and Nitschke, P.C.
145 S. Wells Street, Suite 1800
Chicago, IL 60606
Tel: (312) 448-6602
Fax: (312) 803-1940
Email: hblaise@blaisenitschkelaw.com
About Flava Works Inc.
Flava Works, Inc. filed a petition for Chapter 11 protection
(Bankr. N.D. Ill. Case No. 21-08585) on July 17, 2021, listing up
to $50,000 in assets and up to $1 million in liabilities. Judge
Donald R. Cassling oversees the case.
The Law Office of Robert J. Adams & Associates Inc. and Blaise and
Nitschke, P.C. serve as the Debtor's bankruptcy counsel and special
counsel, respectively.
FORUM ENERGY: Andrew Waite Retires as Director
----------------------------------------------
Andrew Waite retired from Forum Energy Technologies, Inc.'s board
of directors and the Nominating, Governance & Sustainability
Committee, effective on Dec. 31, 2021.
Mr. Waite's retirement is not the result of any disagreement with
the company on any matter relating to its operations, policies,
practices or otherwise, as disclosed in a Form 8-K filed with the
Securities and Exchange Commission.
About Forum Energy
Forum Energy Technologies is a global oilfield products company,
serving the drilling, downhole, subsea, completions and production
sectors of the oil and natural gas industry. The Company's products
include highly engineered capital equipment as well as products
that are consumed in the drilling, well construction, production
and transportation of oil and natural gas. Forum is headquartered
in Houston, TX with manufacturing and distribution facilities
strategically located around the globe. For more information,
please visit www.f-e-t.com
Forum Energy reported a net loss of $96.89 million for the year
ended Dec. 31, 2020, compared to a net loss of $567.06 million for
the year ended Dec. 31, 2019. As of Sept. 30, 2021, the Company had
$799.97 million in total assets, $453.95 million in total
liabilities, and $346.02 million in total equity.
* * *
As reported by the TCR on July 15, 2021, Moody's Investors Service
upgraded Forum Energy Technologies, Inc.'s Corporate Family Rating
to Caa1 from Caa2. "The upgrade of Forum's ratings reflects reduced
risk of default and our expectation that Forum will grow revenue
and EBITDA through 2022 driving reduced leverage and better
interest coverage," commented Jonathan Teitel, a Moody's analyst.
As reported by the TCR on Aug. 25, 2021, S&P Global Ratings revised
its outlook on Forum Energy Technologies Inc. to stable from
negative and affirmed its 'CCC+' issuer credit rating. The stable
outlook reflects S&P's view that despite expecting leverage to
remain at unsustainable levels over the next 12 months, including
funds from operations (FFO) to debt of about 5%, S&P expects Forum
will maintain adequate liquidity and generate a small amount of
FOCF.
FRIDAY HEALTH: A.M. Best Alters Outlook on 'C' ICR to Stable
------------------------------------------------------------
AM Best has revised the outlooks to stable from positive for the
Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the
Financial Strength Rating (FSR) of C (Weak) and Long-Term ICR of
"ccc" (Weak) of Friday Health Plans of Colorado, Inc. (Friday
Health Plans of Colorado) (Alamosa, CO). The outlook of the FSR is
stable.
The Credit Ratings (ratings) reflect Friday Health Plans of
Colorado's balance sheet strength, which AM Best assesses as very
weak, as well as its marginal operating performance, limited
business profile and weak enterprise risk management.
The revision of the Long-Term ICR outlook to stable from positive
for Friday Health Plans of Colorado follows the deterioration of
capital in the third quarter of 2021 due to underwriting and net
losses. AM Best had anticipated that absolute and risk-adjusted
capital would improve through capital growth and the execution of a
reinsurance agreement with AXA S.A.; however, while the reinsurance
agreement has provided some capital relief, the decline in capital
is below projections.
AM Best will continue to monitor the financial results and will
have further discussions with the company's management team related
to its capital plan.
FUSE GROUP: Delays Filing of Form 10-K for FY Ended Sept. 30
------------------------------------------------------------
Fuse Group Holding Inc. filed a Form 12b-25 with the Securities and
Exchange Commission notifying the delay in the filing of its annual
report for the year ended Sept. 30, 2021.
The company was unable to file this annual report within the
prescribed time period without unreasonable effort or expense
because additional time is required to complete report in time for
filing. The company anticipates filing its Form 10-K on or before
the fifteenth calendar day following the prescribed due date.
About Fuse Group
Headquartered in Arcadia, CA, Fuse Group provides consulting
services to mining industry clients to find acquisition targets
within the parameters set by the clients, when the mine owner is
considering selling its mining rights. The services of Fuse Group
and Fuse Processing, Inc. include due diligence on the potential
mine seller and the mine, such as ownership of the mine and whether
the mine meets all operation requirements and/or is currently in
operation.
Fuse Group reported a net loss of $51,411 for the year ended Sept.
30, 2020, compared to a net loss of $79,656 for the year ended
Sept. 30, 2019. As of Sept. 30, 2020, the Company had $1.24
million in total assets, $191,102 in total liabilities, and 1.05
million in total stockholders' equity.
El Segundo, Calif.-based Prager Metis, CPA's LLP, the Company's
auditor since 2019, issued a "going concern" qualification in its
report dated Dec. 16, 2020, citing that the Company had recurring
losses from operations and an accumulated deficit. These
conditions, among others, raise substantial doubt about the
Company's ability to continue as a going concern.
GFA PEANUT: Case Summary & 14 Unsecured Creditors
-------------------------------------------------
Debtor: GFA Peanut Company, LLC
PO Box 488
Camilla, GA 31730-0488
Business Description: GFA Peanut Company provides marketing and
storage of peanuts and peanut related
products.
Chapter 11 Petition Date: January 3, 2022
Court: United States Bankruptcy Court
Middle District of Georgia
Case No.: 22-10003
Debtor's Counsel: Robert M. Matson, Esq.
AKIN WEBSTER & MATSON, PC
544 Mulberry St Ste 400
Macon, GA 31201-8257
E-mail: rmatson@akin-webster.com
Estimated Assets: $1 million to $10 million
Estimated Liabilities: $1 million to $10 million
The petition was signed by Mike Roberts, chairman.
A full-text copy of the petition containing, among other items, a
list of the Debtor's 14 unsecured creditors is available for free
at PacerMonitor.com at:
https://www.pacermonitor.com/view/BZCSKNY/GFA_Peanut_Company_LLC__gambke-22-10003__0001.0.pdf?mcid=tGE4TAMA
GULFSLOPE ENERGY: Incurs $2.2 Million Net Loss in FY Ended Sept. 30
-------------------------------------------------------------------
Gulfslope Energy, Inc. filed with the Securities and Exchange
Commission its Annual Report on Form 10-K disclosing a net loss of
$2.23 million on zero revenue for the year ended Sept. 30, 2021,
compared to a net loss of $2.42 million on zero revenue for the
year ended Sept. 30, 2020.
As of Sept. 30, 2021, the Company had $13.70 million in total
assets, $13.64 million in total liabilities, and $59,834 in total
stockholders' equity.
Houston, Texas-based Pannell Kerr Forster of Texas, P.C., the
Company's auditor since 2019, issued a "going concern"
qualification in its report dated Dec. 29, 2021, citing that the
Company has accumulated losses, and further losses are anticipated
in developing the Company's business, which raise substantial doubt
about its ability to continue as a going concern.
A full-text copy of the Form 10-K is available for free at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1341726/000158069521000356/gspe-10k_093021.htm
About GulfSlope
Headquartered in Houston, Texas, GulfSlope Energy, Inc. --
http://www.gulfslope.com-- is an independent crude oil and natural
gas exploration and production company whose interests are
concentrated in the United States Gulf of Mexico federal waters.
GulfSlope Energy commenced commercial operations in March 2013.
IDEANOMICS INC: Stockholders Re-Elect Five Directors
----------------------------------------------------
At the Annual Meeting of Stockholders of Ideanomics, Inc. held on
December 22, 2021, the Company's stockholders:
(1) re-elected Alfred Poor, Shane McMahon, James Cassano, Jerry
Fan and Harry Edelson to serve on the board of directors for a
one-year term expiring at the Company's 2022 Annual Meeting of
Stockholders, and until their respective successors have been
elected, or until their earlier resignation or removal; and
(2) ratified the appointment of BDO USA, LLP as the independent
registered accounting firm of the Company for the fiscal year
ending December 31, 2021.
About Ideanomics
Ideanomics, Inc. is a diversified solutions provider for electric
mobility. The company provides turn-key vehicle, finance and
leasing, and energy management services for commercial fleet
operators. The Company is headquartered in New York, NY, with
operations in the U.S., China, Ukraine, and Malaysia.
Ideanomics reported a net loss of $106.04 million for the year
ended Dec. 31, 2020, compared to a net loss of $96.83 million for
the year ended Dec. 31, 2019. As of Sept. 30, 2021, the Company
had $595.88 million in total assets, $62.01 million in total
liabilities, $1.26 million in convertible redeemable preferred
stock, and $532.60 million in total equity.
This concludes the Troubled Company Reporter's coverage of
Ideanomics until facts and circumstances, if any, emerge that
demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.
INPIXON: Amends Stock Purchase Agreement With CXApp
---------------------------------------------------
Inpixon entered into an amendment to the Stock Purchase Agreement
with Leon Papkoff, in his capacity as representative of the sellers
under a Stock Purchase Agreement, dated as of April 30, 2021.
As previously disclosed in the Current Report on Form 8-K of
Inpixon filed with the Securities and Exchange Commission on May
6, 2021, the Company acquired all of the outstanding capital stock
of Design Reactor, Inc., dba The CXApp, a California corporation,
pursuant to the terms of that certain Stock Purchase Agreement,
dated as of April 30, 2021, by and among the Company, The CXApp,
each of the sellers of the outstanding capital stock of The CXApp
(including each other person who executed a joinder to the Purchase
Agreement), and Leon Papkoff, in his capacity as representative of
the Sellers. Pursuant to the terms of the Purchase Agreement, the
Company may issue up to an aggregate of 11,061,939 shares of its
common stock, valued at the Closing Price, to certain Sellers in
satisfaction of the Earnout Payment (as defined in the Purchase
Agreement).
Pursuant to the Amendment, the parties to the Purchase Agreement
agreed to: (i) amend the amount of the Earnout Target (as defined
in the Purchase Agreement) from $8,270,000 to $4,200,000; (ii)
amend the duration of the Earnout Period (as defined in the
Purchase Agreement) from the period from the Closing Date through
the 12 month anniversary of the Closing Date to the period from the
Closing Date through Dec. 31, 2021; and (iii) eliminate the
Sellers' Representative's right to accelerate the Earnout Payment
(as defined in the Purchase Agreement) upon a sale or change of
control of the Company. The amendments are anticipated to result
in certain tax advantageous benefits for the Company in addition to
aiding in facilitating the integration of business operations.
About Inpixon
Headquartered in Palo Alto, Calif., Inpixon (Nasdaq: INPX) is an
indoor data company and specializes in indoor intelligence. The
Company's indoor location data platform and patented technologies
ingest and integrate data with indoor maps enabling users to
harness the power of indoor data to create actionable
intelligence.
Inpixon reported a net loss of $29.21 million for the year ended
Dec. 31, 2020, compared to a net loss of $33.98 million for the
year ended Dec. 31, 2019. As of June 30, 2021, the Company had
$174.41 million in total assets, $28.93 million in total
liabilities, and $145.49 million in total stockholders' equity.
JPA NO. 111: Case Summary & Unsecured Creditor
----------------------------------------------
Debtor: JPA No. 111 Co., Ltd.
Kasumigaseki Common Gate West Tower
3-2-1 Kasumigaseki
Chiyoda-Ku Tokyo 100-0013
Business Description: JPA No. 111 Co. and its subsidiary JPA No.
49 Co., Ltd. are special purpose vehicles
formed under the laws of Japan. The Debtors
are each direct, wholly owned subsidiaries
of JP Lease Products & Services Co. Ltd.,
which is a direct wholly owned subsidiary of
JIA. JPL offers financial services based on
a financial scheme combining the borrowings
from financial institutions and funds to
manage valuable assets including aircraft,
ships, containers for maritime
transportation, and solar power generation
equipment. JIA, in turn, creates
and sells unique financial instruments to
investors that consist of small and medium
enterprises in Japan through a network of
financial institutions, including banks and
securities companies, and tax and accounting
firms.
Chapter 11 Petition Date: December 17, 2021
Court: United States Bankruptcy Court
Southern District of New York
Case No.: 21-12075
Judge: Hon. David S. Jones
Debtor's Counsel: Kyle J. Ortiz, Esq.
Bryan M. Kotliar, Esq.
Amy M. Oden, Esq.
Amanda C. Glaubach, Esq.
TOGUT, SEGAL & SEGAL LLP
One Penn Plaza, Suite 3335
New York, NY 10119
Tel: 212-594-5000
E-mail: kortiz@teamtogut.com
Estimated Assets: $100 million to $500 million
Estimated Liabilities: $100 million to $500 million
The petition was signed by Teiji Ishikawa, representative
director.
A full-text copy of the petition is available for free at
PacerMonitor.com at:
https://www.pacermonitor.com/view/MFZV5IA/JPA_No_111_Co_Ltd__nysbke-21-12075__0001.0.pdf?mcid=tGE4TAMA
Debtor's Unsecured Creditor That is Not an Insider:
Entity Nature of Claim Claim Amount
------ --------------- ------------
JP Lease Product & Services Co. Loan/Debt $1,461,803
Kasumigaeski Common Gate
West Tower
3-2-1 Kasumigaeski
Chiyoda-Ku, Tokyo Japan
Vedder Price
1633 Broadway, 31st Floor
New York, New York 10019
Email: cgee@vedderprice.com;
medelman@vedderprice.com
KAISEN ENERGY: To Restructure Under CCAA Proceeding
---------------------------------------------------
Kaisen Energy Corp. sought and obtained protection under the CCAA
pursuant to an order ("Initial Order") of the Court of Queen's
Bench of Alberta.
The Initial Order authorizes Kaisen to begin a court-supervised
restructuring and grants Kaisen various relief, including but not
limited to an initial stay of proceedings ("Stay") against Kaisen
and its assets, appointing Ernst & Young Inc. as Monitor
("Monitor"), and providing Kaisen the opportunity to prepare and
file a plan of arrangement under the CCAA for the consideration of
it creditors and other stakeholders.
Pursuant to the Initial Order, Kaisen is obligated to continue
carrying on business in a manner consistent with the preservation
of its business and Property.
On Dec. 17, 2021, the Court approved a Plan of Arrangement, a
Claims Procedure Order, and a Creditor Meeting Order, among other
items. A meeting will be held virtually on Jan. 27, 2021 in
accordance with the Creditor Meeting Order. The Monitor will
provide the details to attend the meeting to: (i) each Affected
Creditor or their Proxy that notifies the Monitor of its intentions
to attend the Meeting, and (ii) any other person entitled to attend
at the Meeting pursuant to the Meeting Order.
Copies of the Initial Order, as may be amended or extended from
time to time, the Plan, the Claims Procedure Order, and the
Creditor Meeting Order, are available on the Monitor's Website,
which is located at http://www.ey.com/ca/kaisenenergy.
The Monitor can be reached at:
Ernst & Young Inc.
Attn: Jessica Murray
Monitor of Kaisen Energy Corp.
Suite 2200, 215 - 2nd Street SW
Calgary, Alberta T2P 1M4
Tel: 403-206-5394
Fax: 403-206-5075
E-mail: jessica.murray@parthenon.ey.com
Counsel for Ernst & Young:
Howard Gorman
Norton Rose Fulbright Canada LLP
Tel: 1-403-267-8144
E-mail: howard.gorman@nortonrosefulbright.com
Counsel for Kaisen Energy:
MLT Aikins LLP
Attn: Ryan Zahara
Catrina Webster
Joy Mutuku
2100 - 222 3 Avenue SW
Calgary, Alberta T2P 0B4
E-mail: rzahara@mltaikins.com
cwebster@mltaikins.com
jmutuku@mltaikins.com
Based in Calgary, Alberta, Kaisen Energy Corp. is an upstream oil
and gas company.
LEGAL ADVOCACY: Case Summary & 14 Unsecured Creditors
-----------------------------------------------------
Debtor: Legal Advocacy, P.C.
2211 S. Telegraph Road
#7325
Bloomfield Hills, MI 48302
Business Description: Legal Advocacy, P.C. is a provider of legal
services.
Chapter 11 Petition Date: December 31, 2021
Court: United States Bankruptcy Court
Eastern District of Michigan
Case No.: 21-50040
Debtor's Counsel: Randy Calvin, Esq.
LAW OFFICES OF RANDY CALVIN
4000 Town Center Suite 1350
Southfield, MI 48075
Tel: 248-932-4000
Email: randy@rcalvinlaw.com
Total Assets: $1,757,849
Total Liabilities: $4,082,795
The petition was signed by Christine L. Constantino, Jr., agent.
A full-text copy of the petition containing, among other items, a
list of the Debtor's 14 unsecured creditors is available for free
at PacerMonitor.com at:
https://www.pacermonitor.com/view/R5GZMOY/Legal_Advocacy_PC__miebke-21-50040__0001.0.pdf?mcid=tGE4TAMA
LEXARIA BIOSCIENCE: Signs Media Buys Agreement With SRAX
--------------------------------------------------------
Lexaria Bioscience Corp. entered into a Media Buys Agreement as
further supplemented by the terms and conditions for payment of
media buys via securities, with SRAX, Inc.
Pursuant to the Agreement, SRAX will act on behalf of Lexaria to
deliver paid media across multiple platforms and will be authorized
to engage third party media companies in the provision of these
services. The consideration for the Services is $1,200,000
pursuant to which SRAX has agreed to settle through the receipt of
224,299 Lexaria common shares being issued at a deemed price of
$5.35 per share. The shares will be issued as restricted
securities and will bear the applicable legends required by
Canadian and U.S. securities laws.
On Dec. 16, 2021, Lexaria issued to SRAX, pursuant to the terms of
the agreement, 224,299 shares at a deemed price of $5.35 per share
for deemed aggregate consideration of $1,200,000. The shares have
not been registered under the Securities Act of 1933, as amended or
any state securities laws. The issuance of the shares will be in
reliance on the exemptions from registration provided by Section
4(a)(2) under the Securities Act.
About Lexaria
Lexaria Bioscience Corp. -- http://www.lexariabioscience.com-- is
a global innovator in drug delivery platforms. Its patented
DehydraTECH drug delivery technology changes the way Active
Pharmaceutical Ingredients enter the bloodstream, promoting
healthier ingestion methods, lower overall dosing, and higher
effectiveness for lipophilic active molecules. DehydraTECH
increases bio-absorption, reduces time of onset, and masks unwanted
tastes for orally administered bioactive molecules, including
cannabinoids, vitamins, non-steroidal anti-inflammatory drugs
(NSAIDs), nicotine, and other molecules. Lexaria has licensed
DehydraTECH to multiple companies in the cannabis industry for use
in cannabinoid beverages, edibles and oral products and to a
world-leading tobacco producer for the development of smokeless,
oral-based nicotine products. Lexaria operates a licensed in-house
research laboratory and holds a robust intellectual property
portfolio with 16 patents granted and over 60 patents pending
worldwide.
Lexaria Bioscience reported a net loss and comprehensive loss of
$4.19 million for the year ended Aug. 31, 2021, compared to a net
loss and comprehensive loss of $4.08 million for the year ended
Aug. 31, 2020. As of Aug. 31, 2021, the Company had $13.27 million
in total assets, $203,265 in total liabilities, and $13.06 million
in total stockholders' equity.
LINCOLN STREET: TISA Sells Property at Public Auction
-----------------------------------------------------
Pursuant to (a) section 9-610 of the Uniform Commercial Code as
adopted in the State of New York, (b) that certain (i) amended and
Restated Second Mezzanine Loan Agreement by and between One Lincoln
Mezz 2 LLC, as successor-in-interest to Teachers Insurance
Association of America ("secured party") pursuant to which the
secured party made a loan to the Debtor in the principal amount of
$125,000,000; and (ii) second mezzanine pledge and security
agreement dated Nov. 10, 2016, by and between secured party and the
Debtor, secured party will offer for sale to the public in a public
auction to be conducted both in person and via audio/video
teleconference to the live auction: (a) 100% of the limited
liability company interests in Lincoln Street Mezz LLC ("Debtor");
and (b) certain related rights and property relating thereto.
The pledged entity owns 100% of the limited liability company
interests in Lincoln Street Property Owner LLC, the loan is
subordinate to a mortgage loan and a first mezzanine loan on the
property in the cumulative original principal amount of
$660,000,000 for the avoidance of doubt, which amount does not
include accrued interest, default interests, late fees, enforcement
costs or any additional amounts comprising the senior loan as of
today's date.
The sale of the collateral took place on Dec. 20, 2021, New York
Time, subject to the COVID-19 pandemic and applicable law and be
conducted on the front steps of the New York County Supreme Court
Bidding, Located at 60 Centre Street, New York, New York 10007, and
via audio/video teleconference to the live auction on the date of
sale.
All inquiries should be made to Cushman & Wakefield to the
attention of
Jessica Merritt
CUSHMAN & WAKEFIELD
E-mail: jessica.merritt@cushwake.com
Tel: (212) 841-7651
MALLINCKRODT PLC: Files Third Amended Plan
------------------------------------------
Mallinckrodt Plc, et al., submitted on Dec. 29, 2021, a Third
Amended Joint Plan of Reorganization that fine-tunes the earlier
iteration of the Plan.
The Guaranteed Unsecured Notes Claims in Class 5 will be allowed in
these amounts:
(i) the 5.75% Senior Notes Claims shall be Allowed in the amount
of not less than $610,304,000.00, plus accrued but unpaid interest
as of the Petition Date;
(ii) the 5.625% Senior Notes Claims shall be Allowed in the
amount of not less than $514,673,000.00, plus accrued but unpaid
interest as of the Petition Date; and
(iii) the 5.50% Senior Notes Claims shall be Allowed in the amount
of not less than $387,207,000.00, plus accrued but unpaid interest
as of the Petition Date.
Each Holder of an Allowed Guaranteed Unsecured Notes Claim shall
receive its Pro Rata Share of (i) the Takeback Second Lien Notes
and (ii) 100% of New Mallinckrodt Ordinary Shares, subject to
dilution on account of the New Opioid Warrants and the Management
Incentive Plan. Class 5 is impaired.
Class 6 General Unsecured Claims will receive the recoveries set
forth below, subject to adjustment to the allocation of General
Unsecured Claims Trust Consideration:
* Class 6(a) — Acthar Claims. Each Holder of an Allowed Acthar
Claim shall receive its Pro Rata Share of the Acthar Claims
Recovery. Class 6(a) is impaired.
* Class 6(b) — Generics Price Fixing Claims. Each Holder of an
Allowed Generics Price Fixing Claim shall receive its Pro Rata
Share of the Generics Price Fixing Claims Recovery. Class 6(b) is
impaired.
* Class 6(c) — Asbestos Claims. Each Holder of an Allowed
Asbestos Claim shall receive its Pro Rata Share of the Asbestos
Claims Recovery. Class 6(c) is impaired.
* Class 6(d) - Legacy Unsecured Notes Claims. Each Holder of an
Allowed Legacy Unsecured Notes Claim shall receive its Pro Rata
Share of the Legacy Unsecured Notes Recovery. Class 6(d) is
impaired.
* Class 6(e) — Environmental Claims. Each Holder of an Allowed
Environmental Claim shall receive its Pro Rata Share of the
Environmental Claims / Other General Unsecured Claims Recovery.
Class 6(e) is impaired.
* Class 6(f) - Other General Unsecured Claims. Each Holder of an
Allowed Other General Unsecured Claim shall receive its Pro Rata
Share of the Environmental Claims / Other General Unsecured Claims
Recovery. Class 6(f) is impaired.
* Class 6(g) - 4.75% Unsecured Notes Claims. Each Holder of an
Allowed 4.75% Unsecured Notes Claim shall receive its Pro Rata
Share of the 4.75% Unsecured Notes Recovery. Class 6(g) is
impaired.
"4.75% Unsecured Notes Recovery" means (a) the Initial Fixed
Distribution in Cash in the amount of $56,991,000 from the General
Unsecured Claims Trust Consideration, plus (b) Additional GUC Trust
Distributions calculated by the methodology set forth in the UCC
Appendix.
"Acthar Claims Recovery" means (a) the Initial Fixed Distribution
in Cash in the amount of $7,500,000 from the General Unsecured
Claims Trust Consideration, plus (b) Additional GUC Trust
Distributions calculated by the methodology set forth in the UCC
Appendix. For the avoidance of doubt, if Acthar Claims are allowed
in an amount less than or equal to $7,500,000, the Acthar Claims
Recovery will equal the amount of Allowed Acthar Claims.
"Generics Price Fixing Claims Recovery" means the Initial Fixed
Distribution in Cash in the amount of $8,000,000 from the General
Unsecured Claims Trust Consideration as set forth in the UCC
Appendix.
"Asbestos Claims Recovery" means the Initial Fixed Distribution in
Cash in the amount of $18,000,000 from the General Unsecured Claims
Trust Consideration as set forth in the UCC Appendix.
"Legacy Unsecured Notes Recovery" means (a) the Initial Fixed
Distribution in Cash in the amount of $10,859,000 from the General
Unsecured Claims Trust Consideration, plus (b) Additional GUC Trust
Distributions calculated by the methodology set forth in the UCC
Appendix.
"Environmental Claims / Other General Unsecured Claims Recovery"
means (a) the Initial Fixed Distribution in Cash in the amount of
$23,650,000 from the General Unsecured Claims Trust Consideration,
plus (b) Additional GUC Trust Distributions calculated by the
methodology set forth in the UCC Appendix.
The Debtors shall fund Cash distributions under the Plan with Cash
on hand, including Cash from operations, and the proceeds of the
New Term Loan Facility.
Counsel to the Debtors:
Mark D. Collins
Michael J. Merchant
Amanda R. Steele
Brendan J. Schlauch
RICHARDS, LAYTON & FINGER, P.A.
One Rodney Square
920 N. King Street
Wilmington, DE 19801
Telephone: (302) 651-7700
Facsimile: (302) 651-7701
E-mail: collins@rlf.com
merchant@rlf.com
steele@rlf.com
schlauch@rlf.com
- and -
George A. Davis
George Klidonas
Andrew Sorkin
Anupama Yerramalli
LATHAM & WATKINS LLP
1271 Avenue of the Americas
New York, New York 10020
Telephone: (212) 906-1200
Facsimile: (212) 751-4864
Email: george.davis@lw.com
george.klidonas@lw.com
andrew.sorkin@lw.com
anu.yerramalli@lw.com
- and -
Jeffrey E. Bjork
LATHAM & WATKINS LLP
355 South Grand Avenue, Suite 100
Los Angeles, California 90071
Telephone: (213) 485-1234
Facsimile: (213) 891-8763
Email: jeff.bjork@lw.com
- and -
Jason B. Gott
LATHAM & WATKINS LLP
330 North Wabash Avenue, Suite 2800
Chicago, Illinois 60611
Telephone: (312) 876-7700
Facsimile: (312) 993-9767
Email: jason.gott@lw.com
A copy of the Disclosure Statement dated December 29, 2021, is
available at https://bit.ly/31dmiIl from Primeclerk, the claims
agent.
About Mallinckrodt PLC
Mallinckrodt -- http://www.mallinckrodt.com/-- is a global
business consisting of multiple wholly-owned subsidiaries that
develop, manufacture, market and distribute specialty
pharmaceutical products and therapies. The company's Specialty
Brands reportable segment's areas of focus include autoimmune and
rare diseases in specialty areas like neurology, rheumatology,
nephrology, pulmonology and ophthalmology; immunotherapy and
neonatal respiratory critical care therapies; analgesics; and
gastrointestinal products. Its Specialty Generics reportable
segment includes specialty generic drugs and active pharmaceutical
ingredients.
On Oct. 12, 2020, Mallinckrodt plc and certain of its affiliates
sought Chapter 11 protection in Delaware (Bankr. D. Del. Lead Case
No. 20-12522) to seek approval of a restructuring that would reduce
total debt by $1.3 billion and resolve opioid-related claims
against them.
Mallinckrodt plc disclosed $9,584,626,122 in assets and
$8,647,811,427 in liabilities as of Sept. 25, 2020.
Judge John T. Dorsey oversees the cases.
The Debtors tapped Latham & Watkins LLP and Richards, Layton &
Finger P.A. as their bankruptcy counsel; Arthur Cox and Wachtell,
Lipton, Rosen & Katz as corporate and finance counsel; Ropes & Gray
LLP as litigation counsel; Torys LLP as CCAA counsel; Guggenheim
Securities LLC as investment banker; and AlixPartners LLP as
restructuring advisor. Prime Clerk, LLC, is the claims agent.
The official committee of unsecured creditors retained Cooley LLP
as its legal counsel, Robinson & Cole LLP as co-counsel, and Dundon
Advisers LLC as its financial advisor.
On Oct. 27, 2020, the U.S. Trustee for Region 3 appointed an
official committee of opioid related claimants. The OCC tapped Akin
Gump Strauss Hauer & Feld LLP as its lead counsel, Cole Schotz as
Delaware co-counsel, Province Inc. as financial advisor, and
Jefferies LLC as investment banker.
A confirmation trial for the Debtors' First Amended Joint Plan of
Reorganization was set to begin Nov. 1, 2021. The Confirmation
Hearing is slated to have two phases. Phase 1 commenced the week
of Nov. 1. Phase 2 will begin on or around the week of Nov. 15,
when the Acthar Administrative Claims Hearing proceedings conclude.
MERCURITY FINTECH: Incurs US$10.7-Mil. Net Loss in Second Quarter
-----------------------------------------------------------------
Mercurity Fintech Holding Inc. reported a net loss of US$10.74
million on zero revenue for the three months ended
June 30, 2021, compared to a net loss of US$1.37 million on zero
revenue for the three months ended June 30, 2020.
For the six months ended June 30, 2021, the Company reported a net
loss of US$15.30 million on US$6,000 of total revenues compared to
a net loss of US$305,000 on US$1.39 million of total revenues for
the six months ended June 30, 2020.
As of June 30, 2021, the Company had US$1.86 million in total
assets, US$61,000 in total liabilities, and US$1.80 million in
total shareholders' equity.
Mr. Zhu Wei, co-chairperson of the Board and co-chief executive
officer, commented, "Our board of directors and management team
have new members joining us in recent months, which will bring
benefits to the development of the Company for a long term. I
believe our new management team has been working together to create
value for the Company and keeping on going with the Company to
reach greater heights."
Recent Developments
On Sept. 8, 2021, the Company and three investors, TEAO TECHNOLOGY
CO., LIMITED, GUANRUI TECHNOLOGY CO., LIMITED and XUAN YING CO.,
LTD, entered into a Share Subscription and Warrant Purchase
Agreement pursuant to which the investors purchased a total of
571,428,570 ordinary shares of the Company and warrants to purchase
up to 571,428,570 Ordinary Shares for an aggregate consideration of
US$5,000,000, settled in the form of 105.2430 bitcoins. The
transaction was closed on Sept. 8, 2021. The Ordinary Shares that
the investors acquired in this transaction are subject to a
contractual lock-up restriction for a period of 180 days after the
closing. Bitcoin (BTC) is a decentralized digital currency,
without a central bank or single administrator, which can be sent
from user to user on the peer-to-peer bitcoin network without the
need for intermediaries. Bitcoin transactions are verified by
network nodes through cryptography and recorded in a public
distributed ledger called a blockchain.
On Oct. 19, 2021, the Company and three investors, Newlight X LTD,
Castlewood Fintech LTD and Brighton Fintech LTD, entered into a
Share Subscription and Warrant Purchase Agreement pursuant to which
the investors purchased a total of 571,428,570 Ordinary Shares and
Warrants to purchase up to 571,428,570 Ordinary Shares for an
aggregate consideration of US$5,000,000, settled in the form of
5,000,000 USD Coin. The transaction was closed on Oct. 19, 2021.
The Ordinary Shares that the investors acquired in this transaction
are subject to a contractual lock-up restriction for a period of
180 days after the closing. USDC is a digital stable coin that is
pegged to the United States dollars and runs on the Ethereum,
Stellar, Algorand, Avalanche, Solana, Tron and Hedera Hashgraph
system.
Due to adverse regulatory effects in the PRC, Beijing Lianji
Technology Co., Ltd. and Beijing Mercurity Beijing Technology Co.,
Ltd., controlled by the Company through the VIE agreements, had
suspended their original business operations. On Dec. 10, 2021,
the company's board of directors adopted a resolution to dismantle
the VIE structure and divest the two Chinese companies. Therefore,
in the financial statements reported in this quarter, the financial
data of the two Chinese companies, Beijing Lianji and Beijing
Mercurity, have been disclosed as discontinued operations.
General and administrative expenses were $2.2 million for the
second quarter of 2021, compared to $511,000 in the same period of
2020. General and administrative expenses consisted primarily of
$2.29 million in stock-based compensation costs, $350,000 in
employment costs, office expenses, and professional fees, and
negative $353 in adjustment of payments for intermediary agencies.
The increase in stock-based compensation expenses was primarily due
to: (1) awards of 20,000 Restricted Stock Units (1 RSU equals 360
ordinary shares) during the quarter ended June 30, 2021, and (2)
the vesting acceleration of previously granted Restricted Stock
Units.
Impairment loss for the second quarter of 2021 was $373,000 due to
a decrease in fair value of digital assets the Company held,
compared to an impairment loss from operations of $835 thousand in
the same period of last year.
Loss from operations in the second quarter of 2021 was $2.59
million thousand generated compared to a loss from operations of
$1.35 million in the same period of last year. Without the
intangible asset impairment and the adjustment to the stock option
incentive expenses, the Company had an operating income of $74,000
in the second quarter of 2021.
Loss before provision for income taxes in the second quarter of
2021 was $2.59 million compared to a loss before provision for
income taxes of $1.37 million in the same period of last year.
Without the intangible asset impairment and the adjustment to the
stock option incentive expenses, the Company had a income before
provision for income taxes of $75,000 in the second quarter of
2021.
Loss from discontinued operations in the second quarter of 2021 was
$8.15 million, compared to a loss before provision for income taxes
of $0 thousand in the same period of last year. Loss from
discontinued operations consisted $8.11 million in impairment of
goodwill, $44,000 in normal operating loss.
Cash and cash equivalents were $73,000 as of June 30, 2021,
compared to $175,000 as of Dec. 31, 2020. Total shareholders'
equity as of June 30, 2021 was $1.8 million, compared to total
shareholders' equity of $10.3 million as of Dec. 31, 2020.
A full-text copy of the Form 6-K is available for free at:
https://www.sec.gov/Archives/edgar/data/1527762/000110465921154735/tm2136568d1_ex99-1.htm
About Mercurity
Formerly known as JMU Limited, Mercurity Fintech Holding Inc.'s
current principal business is to design and develop digital asset
transaction platforms based on blockchain technologies for
customers to facilitate asset trading, asset digitalization and
cross-border payments and provide supplemental services for such
platforms, such as customized software development services,
maintenance services and compliance support services. The Company
started this new business since its acquisition of Mercurity
Limited (previously known as Unicorn Investment Limited) in May
2019.
Mercurity reported a net loss of $1.65 million for the year ended
Dec. 31, 2020, a net loss of $1.22 million for the year ended Dec.
31, 2019, a net loss of $123.24 million for the year ended Dec. 31,
2018, and a net loss of $161.90 million for the year ended Dec. 31,
2017.
MF GLOBAL: Trustee Approves Amendments on Plan Trust Deal
---------------------------------------------------------
The trustees under a certain plan trust agreement dated and
effective as of June 4, 2013, by and among MF Global Holdings Ltd.,
and the plan trustees, voted unanimously to approve an amendment of
the plan trust agreement to provide that the plan trust will
terminate on the earlier of (i) 30 days after the final
distribution of all of the stock distribution in accordance with
the terms of the trust agreement, the plan and the confirmation
order and the cancellation of the plan trust stock and (ii) April
5, 2027.
About MF Global
New York-based MF Global -- http://www.mfglobal.com/-- was one of
the world's leading brokers of commodities and listed derivatives.
MF Global provides access to more than 70 exchanges around the
world. The firm also was one of 22 primary dealers authorized to
trade U.S. government securities with the Federal Reserve Bank of
New York. MF Global's roots go back nearly 230 years to a sugar
brokerage on the banks of the Thames River in London.
On Oct. 31, 2011, MF Global Holdings Ltd. and MF Global Finance USA
Inc. filed voluntary Chapter 11 petitions (Bankr. S.D.N.Y. Case
Nos. 11-15059 and 11-5058), after a planned sale to Interactive
Brokers Group collapsed. As of Sept. 30, 2011, MF Global had
$41,046,594,000 in total assets and $39,683,915,000 in total
liabilities.
On Nov. 7, 2011, the United States Trustee appointed the statutory
creditors' committee in the Debtors' cases. At the behest of the
Statutory Creditor's Committee, the Court directed the U.S. Trustee
to appoint a Chapter 11 trustee. On Nov. 28, 2011, the Bankruptcy
Court entered an order approving the appointment of Louis J. Freeh,
Esq., of Freeh Group International Solutions, LLC, as Chapter 11
trustee.
On Dec. 19, 2011, MF Global Capital LLC, MF Global Market Services
LLC and MF Global FX Clear LLC filed voluntary Chapter 11 petitions
(Bankr. S.D.N.Y. Case Nos. 11-15808, 11-15809 and 11-15810). On
Dec. 27, the Court entered an order installing Mr. Freeh as Chapter
11 Trustee of the New Debtors.
On March 2, 2012, MF Global Holdings USA Inc. filed a voluntary
Chapter 11 petition (Bankr. S.D.N.Y. Case No. 12-10863), and Mr.
Freeh also was installed as its Chapter 11 Trustee.
Judge Honorable Martin Glenn presides over the Chapter 11 case.
J. Gregory Milmoe, Esq., Kenneth S. Ziman, Esq., and J. Eric
Ivester, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, serve
as bankruptcy counsel. The Garden City Group, Inc., serves as
claims and noticing agent. The petition was signed by Bradley I.
Abelow, Executive Vice President and Chief Executive Officer of MF
Global Finance USA Inc.
The Chapter 11 Trustee has tapped (i) Freeh Sporkin & Sullivan LLP,
as investigative counsel; (ii) FTI Consulting Inc., as
restructuring advisors; (iii) Morrison & Foerster LLP, as
bankruptcy counsel; and (iv) Pepper Hamilton as special counsel.
The Official Committee of Unsecured Creditors has retained Capstone
Advisory Group LLC as financial advisor, while lawyers at Proskauer
Rose LLP serve as counsel.
The Securities Investor Protection Corporation commenced
liquidation proceedings against MF Global Inc. to protect
customers. James W. Giddens was appointed as trustee pursuant to
the Securities Investor Protection Act. He is a partner at Hughes
Hubbard & Reed LLP in New York.
Jon Corzine, the former New Jersey governor and co-CEO of Goldman
Sachs Group Inc., stepped down as chairman and chief executive
officer of MF Global just days after the bankruptcy filing.
In April 2013, the Bankruptcy Court approved MF Global Holdings'
plan to liquidate its assets. Bloomberg News reported that the
court-approved disclosure statement initially told creditors with
$1.134 billion in unsecured claims against the parent holding
company why they could expect a recovery of 13.4% to 39.1% from the
plan. As a consequence of a settlement with JPMorgan, supplemental
materials informed unsecured creditors their recovery was reduced
to the range of 11.4% to 34.4%. Bank lenders will have the same
recovery on their $1.174 billion claim against the holding
company.
As a consequence of the settlement, the predicted recovery became
18% to 41.5% for holders of $1.19 billion in unsecured claims
against the finance subsidiary, one of the companies under the
umbrella of the holding company trustee. Previously, the predicted
recovery was 14.7% to 34% on bank lenders' claims against the
finance subsidiary.
MOHEGAN TRIBAL: Posts $7.4 Million Net Income in FY Ended Sept. 30
------------------------------------------------------------------
Mohegan Tribal Gaming Authority filed with the Securities and
Exchange Commission its Annual Report on Form 10-K disclosing
net income of $7.35 million on $1.23 billion of net revenues for
the year ended Sept. 30, 2021, compared to a net loss of $162.02
million on $1.11 billion of net revenues for the year ended Sept.
30, 2020.
As of Sept. 30, 2021, the Company had $2.73 billion in total
assets, $2.86 billion in total liabilities, and a total capital of
($133.24 million).
As of Sept. 30, 2021 and 2020, the Company held cash and cash
equivalents of $149.8 million and $112.7 million, respectively, of
which the MGE Niagara Resorts held $25.1 million and $15.1 million,
respectively. As a result of the cash-based nature of the
Company's business, operating cash flow levels tend to follow
trends in its operating income, excluding the effects of non-cash
charges, such as depreciation and amortization and impairment
charges. Inclusive of letters of credit, which reduce borrowing
availability, the Company had $213.7 million of borrowing capacity
under its New Senior Secured Credit Facility and line of credit as
of Sept. 30, 2021. In addition, inclusive of letters of credit,
which reduce borrowing availability, the MGE Niagara Resorts had
$38.9 million of borrowing capacity under the MGE Niagara Revolving
Facility and MGE Niagara Swingline Facility as of Sept. 30, 2021,
based on limitations under the MGE Niagara credit agreement in
place at that time due to gaming capacity restrictions.
Cash provided by operating activities increased $179.6 million, or
372.6%, to $227.8 million for the fiscal year ended Sept. 30, 2021,
compared with $48.2 million in the prior fiscal year. The increase
in cash provided by operating activities was driven by a
significant reduction in working capital requirements, combined
with higher net income after factoring in non-cash items.
Cash used in investing activities declined $124.1 million, or
71.6%, to $49.3 million for the fiscal year ended Sept. 30, 2021,
compared with $173.4 million in the prior fiscal year. The decline
in cash used in investing activities primarily reflected lower
capital expenditures, combined with the impact of an investment in
Mohegan Hotel Holding, LLC, in the prior fiscal year.
Cash used in financing activities increased $142.0 million, or
986.1%, to $156.4 million for the fiscal year ended Sept. 30, 2021,
compared with $14.4 million in the prior fiscal year. These
results reflect reduced borrowings, combined with the payment of
transaction costs associated with its January 2021 refinancing
transactions.
Mohegan Tribal stated, "We believe that existing cash balances,
financing arrangements and operating cash flows will provide us
with sufficient resources to meet our existing debt obligations,
finance and right-of-use operating lease obligations, distributions
to the Mohegan Tribe, capital expenditures and working capital
requirements for the next twelve months; however, we can provide
no assurance in this regard."
A full-text copy of the Form 10-K is available for free at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1005276/000100527621000022/mtga-20210930.htm
About Mohegan Gaming
Mohegan Tribal Gaming Authority d/b/a Mohegan Gaming &
Entertainment is a master developer and operator of premier global
integrated entertainment resorts, including Mohegan Sun in
Uncasville, Connecticut, Inspire in Incheon, South Korea and
Niagara Casinos in Niagara, Canada. MGE is owner, developer,
and/or manager of integrated entertainment resorts throughout the
United States, including Connecticut, New Jersey, Washington,
Pennsylvania, Louisiana, as well as Northern Asia and Niagara
Falls, Canada, and coming soon pending regulatory approval, Las
Vegas, Nevada. MGE is owner and operator of Connecticut Sun, a
professional basketball team in the WNBA and New England Black
Wolves, a professional lacrosse team in the National Lacrosse
League. For more information on MGE and its properties, visit
www.mohegangaming.com.
Mohegan Gaming reported a net loss of $162.02 million for the year
ended Sept. 30, 2020, compared to a net loss of $2.37 million for
the year ended Sept. 30, 2019.
* * *
As reported by the TCR on Feb. 4, 2021, Moody's Investors Service
upgraded Mohegan Tribal Gaming Authority's ("MTGA") Corporate
Family Rating to Caa1 from Caa2 and Probability of Default Rating
to Caa1-PD from Caa2-PD. The upgrade considers that on January 26,
MTGA closed on a refinancing that had a meaningful positive impact
on the company's liquidity.
MOHEGAN TRIBAL: Welcomes Haven Pope as Chief Accounting Officer
---------------------------------------------------------------
Mohegan Gaming & Entertainment has appointed Haven Pope as chief
accounting officer. In this role, Haven will oversee a
comprehensive system of financial reporting and analysis for MGE
and its subsidiaries globally to promote future growth and
development.
"The Chief Accounting Officer is critical to Mohegan's success as a
global, tribal entity, and we have the utmost confidence that Haven
will exceed expectations in this role," said Ray Pineault,
president and chief executive officer of Mohegan Gaming &
Entertainment. "With his impressive experience and strong
background in corporate finance, we are confident his leadership
and technical accounting skills will further enable us to
strengthen our position as a leading integrated entertainment
resort brand."
In his new role, Haven will report directly to senior vice
president & chief financial officer, Carol Anderson, and will lead
the financial reporting, technical accounting, and corporate
accounting teams. He will also be instrumental in facilitating a
constant flow of communication among the property's finance teams,
the audit committee and external auditors. Additionally, Haven
will optimize core processes and systems throughout the accounting
organization to drive efficiency across the brand and conform with
professional accounting standards and best practices within the
industry. As chief accounting officer, Haven will manage and
direct all external financial reporting and retain a strong
financial accounting team that aligns with MGE's core values and
strong brand identity - developing, motivating, and retaining top
talent.
Haven brings more than 20 years of finance and accounting
experience with him as he joins MGE's leadership team. Most
recently he served as the senior director of Accounting & Internal
Controls, for Caesars Entertainment, Inc. While at Caesars, Haven
led a team of professionals covering multiple centralized
accounting functions across the Caesars Entertainment brand,
specializing in technical accounting, accounting policies, internal
controls and financial reporting. Additionally, Haven led
strategic finance transformation projects and directed accounting
compliance for most areas of the entertainment resort brand. These
experiences will undoubtedly serve him well as the newly appointed
Chairman of MGE's Accounting Steering Committee and Disclosure
Committee.
Prior to his career at Caesars Entertainment, Inc., Haven worked
for CarMax, Inc., Deloitte & Touche LLP and Cherry, Bekaert &
Holland, LLP, with significant experience in technical accounting,
accounting policies, internal controls, financial reporting,
finance transformation and an array of financial auditing and
reporting.
With this change, Peter Roberti will transition to the role of vice
president of Finance and Corporate Treasurer, covering treasury
operations, tax support and capital structure activities.
For his service as chief accounting officer of the Company, Mr.
Pope will receive a base annual salary of $350,000, a sign-on
payment in the amount of $5,000, a relocation allowance of $10,000
and other potential relocation benefits, and will be entitled to
participate in the Company's incentive compensation program,
payable at the discretion of the Management Board of the Company,
with a target bonus percentage of 35% of annual base salary.
About Mohegan Gaming
Mohegan Tribal Gaming Authority d/b/a Mohegan Gaming &
Entertainment is a master developer and operator of premier global
integrated entertainment resorts, including Mohegan Sun in
Uncasville, Connecticut, Inspire in Incheon, South Korea and
Niagara Casinos in Niagara, Canada. MGE is owner, developer,
and/or manager of integrated entertainment resorts throughout the
United States, including Connecticut, New Jersey, Washington,
Pennsylvania, Louisiana, as well as Northern Asia and Niagara
Falls, Canada, and coming soon pending regulatory approval, Las
Vegas, Nevada. MGE is owner and operator of Connecticut Sun, a
professional basketball team in the WNBA and New England Black
Wolves, a professional lacrosse team in the National Lacrosse
League. For more information on MGE and its properties, visit
www.mohegangaming.com.
Mohegan Tribal reported net income of $7.35 million for the year
ended Sept. 30, 2021, a net loss of $162.02 million for the year
ended Sept. 30, 2020, and a net loss of $2.37 million for the year
ended Sept. 30, 2019. As of Sept. 30, 2021, the Company had $2.73
billion in total assets, $2.86 billion in total liabilities, and a
total capital of ($133.24 million).
* * *
As reported by the TCR on Feb. 4, 2021, Moody's Investors Service
upgraded Mohegan Tribal Gaming Authority's ("MTGA") Corporate
Family Rating to Caa1 from Caa2 and Probability of Default Rating
to Caa1-PD from Caa2-PD. The upgrade considers that on January 26,
MTGA closed on a refinancing that had a meaningful positive impact
on the company's liquidity.
MOUNTAIN PROVINCE: Reveals Plans to Strengthen Balance Sheet
------------------------------------------------------------
Mountain Province Diamonds Inc. has executed a non-binding term
sheet with its largest shareholder, Mr. Dermot Desmond, for a
proposed balance sheet strengthening package to provide increased
financial flexibility to the Company. While the arrangements are
non-binding, Mountain Province is working with Mr. Desmond in an
effort to reach binding agreements early in 2022. The Proposed
Arrangement is subject to, among other things, finalization of the
specific terms thereof, the negotiation and execution of definitive
documentation, as well as shareholder and regulatory approval.
The Proposed Arrangement is subject to the requirements imposed on
related party transactions under Multilateral Instrument 61-101
Protection of Minority Security Holders in Special Transactions
("MI 61-101"). The Proposed Arrangement is also subject to the
approval of the Toronto Stock Exchange and the approval of the
Company's disinterested shareholders in accordance with MI 61-101
and the rules of the TSX.
On Nov. 9, 2021, the board of directors of the Company formed a
special committee in connection with the consideration and
oversight of the Proposed Arrangement as well as any other
potential alternative transactions intended to improve the
Company's short and long-term financial liquidity needs. The
Special Committee consists of independent directors who have no
direct or indirect interest in the Proposed Arrangement. Following
its review process, the Special Committee recommended that the
Board approve the execution of the term sheet setting out the terms
of the Proposed Arrangement.
The Proposed Arrangement is currently expected to include the
issuance of approximately US$50M of new debt to an entity
controlled by Mr. Desmond that is secured on a subordinate basis to
the Company's existing debt, together with an equity component.
The New Notes are contemplated to mature in late 2027. The Company
expects to use a portion of the proceeds of the New Notes to repay
the US$25M first lien revolving credit facility provided by
Dunebridge Worldwide Ltd., an entity controlled by Mr. Desmond,
which matures on March 31, 2022.
When implemented, the Proposed Arrangement would provide the
Company with increased financial flexibility, and offer an increase
in working capital, the potential for acceleration of existing note
repurchases, and/or enhanced exploration activities at its 100%
owned Kennady North Project.
The Proposed Arrangement is subject to the execution of definitive
documentation and the approvals. There can be no assurance that
the Proposed Arrangement will be completed on the terms described
herein or at all.
Mark Wall, the Company's president and chief executive officer,
commented:
"This planned investment by our largest shareholder and significant
debt holder, Mr. Dermot Desmond, further demonstrates his
confidence in Mountain Province Diamonds, and the strong
macro-environment for our diamonds. Additionally, this planned
investment strengthens my own optimism as we look towards a broader
capital structure optimization in 2022."
About Mountain Province
Mountain Province is a 49% participant with De Beers Canada in the
Gahcho Kue diamond mine located in Canada's Northwest Territories.
The Gahcho Kue Joint Venture property consists of several
kimberlites that are actively being mined, developed, and explored
for future development. The Company also controls 106,202 hectares
of highly prospective mineral claims and leases that surround the
Gahcho Kue Joint Venture property that include an indicated mineral
resource for the Kelvin kimberlite and inferred mineral resources
for the Faraday kimberlites.
Mountain Province reported a net loss of C$263.43 million for the
year ended Dec. 31, 2020, compared to a net loss of C$128.76
million for the year ended Dec. 31, 2019. As of Dec. 31, 2020, the
Company had C$595.33 million in total assets, C$75.73 million in
current liabilities, C$374.71 million in secured notes payable,
C$750,000 in lease liabilities, C$70.44 million in decommissioning
and restoration liability, and C$73.70 million in total
shareholders' equity.
Toronto, Canada-based KPMG LLP, the Company's auditor since 1999,
issued a "going concern" qualification in its report dated
March 29, 2021, citing that the Company has suffered recurring
losses from operations that raises substantial doubt about its
ability to continue as a going concern.
MYOMO INC: Chief Marketing Officer to Retire Next Month
-------------------------------------------------------
Cliff Conneighton, Myomo, Inc.'s chief marketing officer, informed
the company of his retirement effective Feb. 1, 2022.
Mr. Conneighton's responsibilities as chief marketing officer are
expected to be assumed by Micah Mitchell, the company's chief
commercial officer.
About Myomo
Headquartered in Cambridge, Massachusetts, Myomo, Inc. --
http://www.myomo.com-- is a wearable medical robotics company
that
offers expanded mobility for those suffering from
neurologicaldisorders and upper limb paralysis. Myomo develops and
markets the MyoPro product line. MyoPro is a powered upper limb
orthosis designed to support the arm and restore function to the
weakened or paralyzed arms of patients suffering from CVA stroke,
brachial plexus injury, traumatic brain or spinal cord injury, ALS
or other neuromuscular disease or injury.
Myomo reported a net loss of $11.56 million for the year ended Dec.
31, 2020, compared to a net loss of $10.71 million for the year
ended Dec. 31, 2019. As of Sept. 30, 2021, the Company had $17.46
million in total assets, $4.31 million in total liabilities, and
$13.15 million in total stockholders' equity.
NATIONAL FILTERS: Gets OK to Hire Hyzer Hill Kuzak as Accountant
----------------------------------------------------------------
National Filters, Inc. received approval from the U.S. Bankruptcy
Court for the Eastern District of Michigan to employ Hyzer, Hill,
Kuzak Co. P.C. as its accountant.
The firm's services include the preparation of federal and state
tax returns and other accounting services in connection with the
Debtor's Chapter 11 proceeding.
The firm bills at an hourly rate of $195 for staff accountants and
$255 for partners.
As disclosed in court filings, Hyzer does not represent interests
adverse to the Debtor or the estate.
The firm can be reached through:
Garret Mausolf, CPA
Hyzer, Hill, Kuzak Co. P.C.
1242 Sand Beach Rd
Bad Axe, MI 48413
Phone: +1 989-269-9541
Email: gmausolf_hhk@sbcglobal.net
About National Filters
National Filters, Inc. is a Harbor Beach, Mich.-based industrial
filtration manufacturer specializing in hydraulic, lubrication and
marine based air, oil and fuel filters.
National Filters sought Chapter 11 protection (Bankr. E.D. Mich.
Case No. 21-21149) on Oct. 26, 2021, listing up to $1 million in
assets and up to $10 million in liabilities. Judge Daniel S.
Oppermanbaycity oversees the case.
The Debtor tapped George E. Jacobs, Esq., as legal counsel and
Hyzer, Hill, Kuzak Co. P.C. as accountant.
NATURALSHRIMP INC: Sells $16.3M Promissory Note to Investor
-----------------------------------------------------------
NaturalShrimp Incorporated entered into a securities purchase
agreement with an investor pursuant to which the investor purchased
a secured promissory note in the aggregate principal amount
totaling approximately $16,320,000.
The note carried an original issue discount totaling $1,300,000 and
a transaction expense amount of $20,000, both of which are included
in the principal balance of the note. The total purchase price of
the note was $15,000,000. The note has an interest rate of 12% per
annum. The maturity date of the note is 24 months from the
issuance date of the note. NaturalShrimp intends to use the
proceeds from the note, in part, to repay the amounts currently
owing to VeroBlue Farms USA, Inc.
Beginning on the date that is six months from the issuance date of
the note, the investor has the right to redeem up to $1,000,000 of
the outstanding balance per month. Payments may be made by
NaturalShrimp, at its option, (a) in cash, or (b) by paying the
redemption amount in the form of shares of the company's common
stock, par value $0.0001 per share, per the following formula: the
number of redemption shares equals the portion of the applicable
redemption amount divided by the redemption repayment price. The
"redemption repayment price" equals 90% multiplied by the average
of the two lowest volume weighted average price per share of the
common stock during the 10 trading days immediately preceding the
date that the investor delivers notice electing to redeem a portion
of the note. The right to pay the redemption amount in the form of
shares of common stock is subject to there not being any equity
conditions failure. The redemption amount shall include a premium
of 15% of the portion of the outstanding balance being paid. In
addition to the investor's right of redemption, NaturalShrimp has
the option to prepay the notes at any time prior to the maturity
date by paying a premium of 15% plus the principal, interest, and
fees owed as of the prepayment date.
Within 180 days of the issuance date of the note, NaturalShrimp
will obtain an effective registration statement or a supplement to
any existing registration statement or prospectus with the SEC
registering at least $15,000,000 in shares of common stock for the
investor's benefit such that any redemption using shares of common
stock could be done using registered common stock.
As soon as reasonably possible following the issuance of the note,
NaturalShrimp will cause the common stock to be listed for trading
on either of (a) NYSE, or (b) NASDAQ (in either event, an
"uplist"). In the event the company has not effectuated the uplist
by March 1, 2022, the then-current outstanding balance will be
increased by 10%. NaturalShrimp will make a one-time payment to the
investor equal to 15% of the gross proceeds the company receives
from the offering expected to be effected in connection with the
uplist (whether from the sale of shares of its common stock or
preferred stock) within ten (10) days of receiving such amount. In
the event borrower does not make this payment, the then-current
outstanding balance will be increased by 10%.
The note is a secured obligation of NaturalShrimp, to the extent
provided for in the Security Agreement dated as of the date of the
SPA entered into by and among the company and the investor. The
note will be senior in right of payment to all other indebtedness
(as defined in the note) of the company subject to the terms set
forth in the Security Agreement. The note is a direct obligation
of the company issued in accordance with the SPA. NaturalShrimp
granted a first priority security interest in and to all of the
assets of the company, provided, however, certain real property of
the company will be secured in favor of the investor within 30 days
of the issuance of the note.
The note contains certain negative covenants and events of default.
Upon an event of a default, at its option and sole discretion, the
investor may consider the note immediately due and payable. Upon
such an event of default, the interest rate increases to 18% per
annum and the outstanding balance of the note increases from 5% to
15%, depending upon the specific event of default.
NaturalShrimp's transfer agent has reserved 65,000,000 shares of
common stock to provide for all issuances of shares of common stock
under the note. The company's transfer agent is authorized to
increase the share reserve to 165,000,000 shares of common stock,
subject to the terms of an irrevocable transfer agent instruction
letter.
Any shares of common stock to be issued pursuant to the note will,
if not registered pursuant to an effective registration statement
as discussed above, be issued pursuant to an exemption from the
registration requirement of the Securities Act of 1933, as amended
provided in Section 4(a)(2) of the Securities Act.
About Natural Shrimp
NaturalShrimp, Inc. is a publicly traded aqua-tech Company,
headquartered in Dallas, with production facilities located near
San Antonio, Texas. The Company has developed a commercially
viable system for growing shrimp in enclosed, salt-water systems,
using patented technology to produce fresh, never frozen, naturally
grown shrimp, without the use of antibiotics or toxic chemicals.
NaturalShrimp systems can be located anywhere in the world to
produce gourmet-grade Pacific white shrimp.
Naturalshrimp reported a net loss of $3.59 million for the year
ended March 31, 2021, compared to a net loss of $4.81 million for
the year ended March 31, 2020. As of Sept. 30, 2021, the Company
had $34.49 million in total assets, $11.90 million in total
liabilities, $3.38 million in series E redeemable convertible
preferred stock, and $19.21 million in total stockholders' equity.
Dallas, Texas-based Turner, Stone & Company, L.L.P., the Company's
auditor since 2015, issued a "going concern" qualification in its
report dated June 29, 2021, citing that the Company has suffered
significant losses from inception and has a significant working
capital deficit. These conditions raise substantial doubt about
its ability to continue as a going concern.
NEUBASE THERAPEUTICS: Incurs $25.4-Mil. Net Loss in Fiscal 2021
---------------------------------------------------------------
NeuBase Therapeutics, Inc. filed with the Securities and Exchange
Commission its Annual Report on Form 10-K disclosing a net loss of
$25.41 million for the year ended Sept. 30, 2021, compared to a net
loss of $17.38 million for the year ended Sept. 30, 2020.
As of Sept. 30, 2021, the Company had $64.17 million in total
assets, $10.10 million in total liabilities, and $54.07 million in
total stockholders' equity.
NeuBase had cash and cash equivalents of approximately $52.9
million, compared with approximately $32.0 million as of Sept. 30,
2020. The Company estimates its current cash and cash equivalents
are sufficient to fund currently planned operating and capital
expenditures into the first quarter of CY2023.
A full-text copy of the Form 10-K is available for free at
https://bit.ly/3pFE7ZK
About NeuBase Therapeutics
NeuBase Therapeutics, Inc. -- http://www.neubasetherapeutics.com--
is a biotechnology company focused on developing next generation
therapies to treat rare genetic diseases and cancers caused by
mutant genes. The Company's modular peptide-nucleic acid antisense
oligo platform which outputs "anti-gene" candidate therapies is
designed to combine the specificity of genetic sequence-based
target recognition with a modularity that enables use of various in
vivo delivery technologies to enable broad and also selective
tissue distribution capabilities.
Neubase Therapeutics reported a net loss of $17.38 million for the
year ended Sept. 30, 2020, compared to a net loss of $26.13 million
for the year ended Sept. 30, 2019. As of June 30, 2021, the
Company had $69.32 million in total assets, $9.04 million in total
liabilities, and $60.28 million in total stockholders' equity.
This concludes the Troubled Company Reporter's coverage of NeuBase
until facts and circumstances, if any, emerge that demonstrate
financial or operational strain or difficulty at a level sufficient
to warrant renewed coverage.
NEUBASE THERAPEUTICS: Provides Fourth Quarter 2021 Business Update
------------------------------------------------------------------
NeuBase Therapeutics, Inc. provided a business update for the
fourth quarter ending Sept. 30, 2021.
"NeuBase is focused on significantly reducing the burden of
untreatable morbidity and mortality caused by rare and common
diseases across the globe. To achieve this goal, we designed,
built, and validated a new precision genetic medicines platform
technology that can uniquely drug the double-stranded human genome
and address disease at the root of causality without many of the
limitations of early precision genetic medicine technologies. We
are poised to file our first Investigational New Drug applications
with the U.S. Food and Drug Administration beginning in calendar
year 2022 and intend to scale into additional indications with
increasing speed and efficiency thereafter," said Dietrich A.
Stephan, Ph.D., Founder, Chief Executive Officer, and Chairman of
NeuBase.
"This past year, we validated the ability of our technology in
proof-of-concept studies to directly drug the double-helix of the
human genome, including difficult double-stranded structures of RNA
targets, and engage with mutant genes to resolve most causal
mechanisms of disease. The validation of our platform's
capabilities included data describing that we have overcome many
limitations of early precision genetic medicine technologies, such
as biodistribution, tolerability, selectivity, manufacturability,
durability, and scalability. We also presented data that our
delivery shuttle enables compounds to elicit pharmacologic effects
in multiple tissues, including in the brain and muscle, after
subcutaneous administration in preclinical animal models," said
William Mann, Ph.D., M.B.A., Chief Operating Officer of NeuBase.
"We recently nominated the development candidate for our myotonic
dystrophy type 1 (DM1) program, which we believe has the potential
to be a best-in-class therapy that offers a patient-friendly route
of administration, a whole-body solution for the muscle, heart, and
brain manifestations of the disease. Furthermore, the mechanism of
action of our development candidate is designed to engage with the
toxic RNA hairpin structure to release the splicing proteins,
restoring normal RNA splicing and downstream protein production,
including DMPK. We have initiated IND-enabling studies for this
candidate, with data read-outs expected across CY 2022. We expect
these data will support the submission of an IND filing to the FDA
in the fourth quarter of CY2022," stated Sandra Rojas-Caro, M.D.,
Chief Medical Officer of NeuBase.
"As a result of the nomination of our DM1 program candidate, we
established CMC expertise at our new facility in Cambridge,
Massachusetts that is co-located with our clinical development
team, finalized the formulation of our development candidate to
enable systemic routes, and completed process development. We also
scaled-up manufacturing in-house and with contract manufacturing
partners to support non-clinical toxicology, product stability, and
Phase 1/2 clinical trials," said Tony Rossomando, Ph.D., Chief
Technology Officer of NeuBase.
Dr. Stephan concluded, "In parallel, we are making significant
progress in our therapeutic program for Huntington's disease. For
example, we have illustrated with preclinical in vivo data that our
proprietary delivery technology allows our genome-targeting
compounds to advance beyond intrathecal delivery and enabling a
systemically administered allele-selective therapy, overcoming
challenges seen with other programs. Furthermore, preclinical data
show that our PATrOL(TM)-enabled compounds can silence activating
KRAS point mutations in vivo to inhibit protein production, which
has the potential to target G12D and G12V, the two most common and
historically 'undruggable' cancer-driving point mutations that
represent the majority of KRAS tumors. We believe these data set
the stage for a potentially first-in-class precision genetic
medicine approach for oncology capable of selectively targeting
mutations at the single-base level."
Fourth Quarter of Fiscal Year 2021 and Recent Operating
Highlights:
* Myotonic Dystrophy Type 1 (DM1) Program: NeuBase recently
nominated its development candidate for the DM1 program and
initiated chemistry manufacturing controls (CMC) scale-up for
IND-enabling toxicology and Phase 1/2 clinical trials. In CY2022,
NeuBase plans to conduct pharmacokinetic and absorption,
distribution, metabolism, excretion (PK/ADME) and bioavailability
(IV/SQ), exploratory toxicology, IND-enabling GLP toxicology, and
mechanism of action studies, which are expected to support an IND
filing to the FDA in the fourth quarter of CY2022.
* Huntington's Disease (HD) Program: The NT-0100 program is
currently in preclinical development as a potential treatment for
HD. In CY2022, NeuBase expects to initiate scale-up and toxicology
activities to support an IND filing to the FDA in CY2023.
* KRAS Oncology Program: NeuBase expanded its pipeline into
oncology with the advancement of the KRAS program (KRAS G12V and
G12D mutations) from concept into in vivo proof-of-principle.
* Genetic Target Prioritization: The Company finalized a
rank-ordered mutational database. All available monogenic and
cancer-causing mutations have been ranked for internal pipeline
expansion and prioritize partnering opportunities.
About NeuBase Therapeutics
NeuBase Therapeutics, Inc. -- http://www.neubasetherapeutics.com--
is a biotechnology company focused on developing next generation
therapies to treat rare genetic diseases and cancers caused by
mutant genes. The Company's modular peptide-nucleic acid antisense
oligo platform which outputs "anti-gene" candidate therapies is
designed to combine the specificity of genetic sequence-based
target recognition with a modularity that enables use of various in
vivo delivery technologies to enable broad and also selective
tissue distribution capabilities.
Neubase Therapeutics reported a net loss of $17.38 million for the
year ended Sept. 30, 2020, compared to a net loss of $26.13 million
for the year ended Sept. 30, 2019. As of June 30, 2021, the
Company had $69.32 million in total assets, $9.04 million in total
liabilities, and $60.28 million in total stockholders' equity.
This concludes the Troubled Company Reporter's coverage of NeuBase
until facts and circumstances, if any, emerge that demonstrate
financial or operational strain or difficulty at a level sufficient
to warrant renewed coverage.
NICE SERVICES: Case Summary & 20 Largest Unsecured Creditors
------------------------------------------------------------
Debtor: Nice Services, Inc.
8910 N. Dale Mabry Hwy., #17
Tampa, FL 33614
Business Description: Nice Services Inc. is part of the "Other
Heavy and Civil Engineering Construction"
industry.
Chapter 11 Petition Date: January 3, 2022
Court: United States Bankruptcy Court
Middle District of Florida
Case No.: 22-00009
Debtor's Counsel: Frank Bane, Esq.
NOC LEGAL SERVICES
8910 N Dale Mabry Hwy, Suite 18
Tampa, FL 33614
Email: NOCLegalServices@outlook.com
Estimated Assets: $0 to $50,000
Estimated Liabilities: $1 million to $10 million
The petition was signed by Dr. Donald Lee Pippin, Trustee of Nice
Services Trust.
A full-text copy of the petition containing, among other items, a
list of the Debtor's 20 largest unsecured creditors is available
for free at PacerMonitor.com at:
https://www.pacermonitor.com/view/IMSDG6Y/Nice_Services_Inc__flmbke-22-00009__0001.0.pdf?mcid=tGE4TAMA
NORDIC AVIATION: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
The U.S. Trustee for Region 4 disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 cases of Nordic Aviation Capital Designated Activity
Company and its affiliates.
About Nordic Aviation Capital
Nordic Aviation Capital is the leading regional aircraft lessor
serving almost 70 airlines in approximately 45 countries. Its fleet
of 475 aircraft includes ATR 42, ATR 72, De Havilland Dash 8,
Mitsubishi CRJ900/1000, Airbus A220 and Embraer E-Jet family
aircraft.
On Dec. 17, 2021, Nordic Aviation Capital Pte. Ltd., NAC Aviation
17 Limited, NAC Aviation 20 Limited, and Nordic Aviation Capital
A/S each filed petitions seeking relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. E.D. Va.). On Dec. 19, 2021, Nordic
Aviation Capital Designated Activity Company and 112 affiliated
companies also filed petitions seeking Chapter 11 relief. The lead
case is In re Nordic Aviation Capital Designated Activity Company
(Bankr. E.D. Va. Lead Case No. 21-33693).
Judge Kevin R. Huennekens oversees the cases.
The Debtors tapped Kirkland & Ellis and Kutak Rock, LLP as
bankruptcy counsel and the law firms of Clifford Chance, LLP,
William Fry, LLP and Gorrissen Federspiel as corporate counsel.
N.M. Rothschild & Sons Limited, Ernst & Young, LLP and
PricewaterhouseCoopers, LLP serve as the Debtors' financial
advisor, restructuring advisor and tax advisor, respectively. Epiq
Corporate Restructuring, LLC is the claims and noticing agent.
NUTRIBAND INC: To Buy Back $1 Million of Common Shares
------------------------------------------------------
Nutriband Inc. has announced a share repurchase program to buy back
up to $1,000,000 of its common stock. As of Dec. 29, 2021, the
Company had 7,773,962 shares of common stock outstanding.
About Nutriband
Nutriband Inc. -- www.nutriband.com -- is primarily engaged in the
development of a portfolio of transdermal pharmaceutical products.
Its lead product under development is an abuse deterrent fentanyl
patch incorporating its AVERSA abuse deterrence technology. AVERSA
technology can be incorporated into any transdermal patch to
prevent the abuse, misuse, diversion, and accidental exposure of
drugs with abuse potential.
Nutriband reported a net loss of $2.93 million for the year ended
Jan. 31, 2021, compared to a net loss of $2.72 million for the year
ended Jan. 31, 2020. As of Oct. 31, 2021, the Company had $15.43
million in total assets, $1.11 million in total liabilities, and
$14.32 million in total stockholders' equity.
OBLONG INC: Five Directors Elected at Annual Meeting
----------------------------------------------------
Oblong, Inc. held its 2021 annual meeting of stockholders, at which
the stockholders:
(1) elected Jason Adelman, Peter Holst, James Lusk, Matthew
Blumberg, and Deborah Meredith as directors to serve until the
company's next annual meeting of stockholders, or until their
respective successors are duly elected and qualified;
(2) ratified the appointment of EisnerAmper LLP as the company's
independent registered public accounting firm for the fiscal year
ending Dec. 31, 2021.
About Oblong Inc.
Oblong, Inc. -- www.oblong.com -- was formed as a Delaware
corporation in May 2000 and is a provider of patented multi-stream
collaboration technologies and managed services for video
collaboration and network applications.
Oblong reported a net loss of $7.42 million for the year ended Dec.
31, 2020, compared to a net loss of $7.76 million for the year
ended Dec. 31, 2019. As of Sept. 30, 2021, the Company had $31.70
million in total assets, $3.55 million in total liabilities, and
$28.15 million in total stockholders' equity.
Iselin, New Jersey-based EisnerAmper LLP, the Company's auditor
since 2010, issued a "going concern" qualification in its report
dated March 30, 2021, citing that the Company has incurred losses
and expects to continue to incur losses. These conditions raise
substantial doubt about its ability to continue as a going concern.
OLMA-XXI INC: Court Conditionally Approves Disclosure Statement
---------------------------------------------------------------
Olma-XXI, Inc., has won a court order conditionally approving the
Disclosure Statement explaining its Chapter 11 Plan.
On Feb. 8, 2022 at 2:00 p.m., a combined hearing to consider final
approval of the Disclosure Statement and confirmation of the
Debtor's Amended Plan shall be held telephonically before the
Honorable Nancy Hershey Lord, United States Bankruptcy Judge for
the Eastern District of New York.
Feb. 3, 2022, at 5:00 p.m. is fixed as the last date for filing and
serving any written objections to final approval of the Disclosure
Statement and/or confirmation of the Amended Plan.
Feb. 4, 2022 is fixed as the last day for filing an affidavit in
support of confirmation of the Amended Plan and a certification of
balloting.
On or before Jan. 3, 2022, the Debtor shall serve or cause to be
served, by first class mail, copies of this Order, the Amended
Plan, the Disclosure Statement, and a ballot substantially
conforming to Official Form B 314, to all creditors and all other
parties in interest.
All ballots voting in favor of or against the Third Amended Plan
are to be submitted so as to be actually received by counsel for
the Debtor on or before Feb. 3, 2022, at 5:00 p.m.
About Olma XXI Inc.
Located in Brooklyn, New York, Olma-XXI, Inc., distributes ethnic
and specialty foods. Olma-XXI, Inc., is a major producer of fine
caviar, meat, fish, and other quality foods.
Olma-XXI filed a Chapter 11 petition (Bankr. E.D.N.Y. Case No.
19-44731) on Aug. 1, 2019. In the petition signed by Valeri
Eliachov, president, the Debtor disclosed $246,471 in assets and
$1,965,500 in liabilities. The Hon. Nancy Hershey Lord oversees
the case. Alla Kachan, Esq., at the Law Offices of Alla Kachan,
P.C., serves as bankruptcy counsel to the Debtor.
ORIGINAL TILE: Seeks to Hire Brian R. Cahn as Legal Counsel
-----------------------------------------------------------
Original Tile Source, LLC seeks approval from the U.S. Bankruptcy
Court for the Northern District of Georgia to hire Brian R. Cahn &
Associates, LLC to serve as legal counsel in its Chapter 11 case.
The firm's services include:
(a) advising the Debtor regarding its rights, powers and
duties and assisting the Debtor in the collection, preservation and
management of its estate.
(b) preparing a plan of reorganization and other legal
papers;
(c) advising and assisting the Debtor regarding any claims and
causes of action for or against the Debtor or its estate;
(d) advising the Debtor regarding legal and economic effect of
the rejection, assumption or assignment of any executory contracts
and unexpired leases.
(e) advising the Debtor regarding all applications, motions,
complaints of reclamation, relief from stays, use of collateral,
and other similar matters;
(f) representing the Debtor in the sale or disposition of its
assets;
(g) representing the Debtor at hearings, meetings of
creditors, conferences, trials, and other proceedings; and
(h) performing other necessary legal services.
Brian Cahn, Esq., the firm's attorney who will be providing the
services, will be paid at an hourly rate of $325. The rate for
paralegal services is $75 per hour.
Mr. Cahn disclosed in a court filing that his firm is a
"disinterested person" as defined by Section 101(14) of the
Bankruptcy Code.
The firm can be reached through:
Brian R. Cahn, Esq.
Brian R. Cahn & Associates, LLC
P.O. Box 3696
Cartersville, GA 30120
Phone: (770) 382-8900
Fax: (770) 386-1170
Email: brian@northgabankruptcy.com
About Original Tile Source
Original Tile Source, LLC, a tile store owner in Dalton, Ga., filed
its voluntary petition for Chapter 11 protection (Bankr. N.D. Ga.
Case No. 21-41554) on Dec. 21, 2021, listing up to $100 million in
assets and up to $10 million in liabilities. Brian R. Cahn, Esq.,
at Brian R. Cahn And Associates, LLC, represents the Debtor as
legal counsel.
OUTLOOK THERAPEUTICS: Inks Employment Agreements With Execs
-----------------------------------------------------------
Outlook Therapeutics, Inc. on Dec. 21, 2021, entered into
Employment Agreements with each of Terry Dagnon, the Company's
Chief Operations Officer, and Jeff Evanson, the Company's Chief
Commercial Officer. The Agreements supersede and replace the prior
consulting agreements between the Company and each of Mr. Dagnon
and Mr. Evanson.
Pursuant to the Agreements, each Executive will receive a base
salary of $450,000 and a discretionary annual cash bonus with a
target amount equal to 50% of the Executive's base salary. If the
Company terminates the Executive's employment without cause or if
the Executive terminates his employment for good reason, the
Executive will be entitled to receive an amount equal to 12 months
of his base salary plus a bonus equal to his full target amount, as
well as the acceleration of 50% of the Executive's unvested equity
awards subject to time-based vesting requirements.
In connection with the Agreements, each Executive received a grant
of 800,000 options to purchase common stock, one quarter of which
will vest on the first anniversary of the grant and the remainder
of which will vest in monthly installments over the succeeding
three years, subject to the Executive's continued service through
each vesting date. In addition, each Executive received a
performance grant of 200,000 options to purchase common stock,
which will vest upon the Company's achievement of certain
milestones.
CEO Performance Award
On December 21, 2021, the Compensation Committee of the Board of
Directors of the Company awarded Mr. C. Russell Trenary III, the
Company's Chief Executive Officer, 1,500,000 options to purchase
common stock pursuant to the Company's 2015 Equity Incentive Plan,
which will vest upon the Company's achievement of certain
milestones, subject to Mr. Trenary's continued employment with the
Company. This award replaces the performance options awarded to
Mr. Trenary in connection with his appointment as Chief Executive
Officer in July 2021, which have been cancelled.
About Outlook Therapeutics
Outlook Therapeutics, Inc., formerly known as Oncobiologics, Inc.
-- http://www.outlooktherapeutics.com-- is a late clinical-stage
biopharmaceutical company working to develop the first FDA-approved
ophthalmic formulation of bevacizumab for use in retinal
indications, including wet AMD, DME and BRVO. If ONS-5010, its
investigational ophthalmic formulation of bevacizumab, is approved,
Outlook Therapeutics expects to commercialize it as the first and
only on-label approved ophthalmic formulation of bevacizumab for
use in treating retinal diseases in the United States, Europe,
Japan and other markets.
This concludes the Troubled Company Reporter's coverage of Outlook
Therapeutics until facts and circumstances, if any, emerge that
demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.
OUTLOOK THERAPEUTICS: Posts $53.2 Million Net Loss in Fiscal 2021
-----------------------------------------------------------------
Outlook Therapeutics, Inc. filed with the Securities and Exchange
Commission its Annual Report on Form 10-K disclosing a net loss of
$53.16 million for the year ended Sept. 30, 2021, compared to a net
loss of $35.24 million for the year ended Sept. 30, 2020.
As of Sept. 30, 2021, the Company had $22.81 million in total
assets, $18.20 million in total liabilities, and $4.61 million in
total stockholders' equity.
The Company's current cash resources of $14.5 million as of
September 30, 2021 together with the $3.5 million in net proceeds
from the sale of shares of common stock under its ATM Offering in
October 2021 and November 2021, $10.0 million in net proceeds from
issuance of the 2021 Note, and net proceeds of $54.0 million
received in November 2021 from the public offering are expected to
fund its operations through the anticipated approval of the
ONS-5010 BLA expected in the first calendar quarter of 2023.
"We do not anticipate making any material capital expenditures in
fiscal 2022 as we believe our facilities and equipment held as of
September 30, 2021, are sufficient for at least twelve months
subsequent to the date of filing this report," the Company said.
A full-text copy of the Annual Report is available for free at
https://bit.ly/31aQ5Bt
About Outlook Therapeutics
Outlook Therapeutics, Inc., formerly known as Oncobiologics, Inc.
-- http://www.outlooktherapeutics.com-- is a late clinical-stage
biopharmaceutical company working to develop the first FDA-approved
ophthalmic formulation of bevacizumab for use in retinal
indications, including wet AMD, DME and BRVO. If ONS-5010, its
investigational ophthalmic formulation of bevacizumab, is approved,
Outlook Therapeutics expects to commercialize it as the first and
only on-label approved ophthalmic formulation of bevacizumab for
use in treating retinal diseases in the United States, Europe,
Japan and other markets.
This concludes the Troubled Company Reporter's coverage of Outlook
Therapeutics until facts and circumstances, if any, emerge that
demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.
PBF ENERGY: Paul Donahue Elected as Independent Director
--------------------------------------------------------
Paul Donahue has been elected as an independent director of PBF
Energy Inc. effective January 1, 2022.
Thomas J. Nimbley, Chairman of the Board and CEO, commented, "We
are very pleased to have Paul join the PBF Energy Board of
Directors. He is an accomplished executive and leader with over 33
years of experience in finance and investing, with extensive energy
industry experience and will be a significant addition to the
Board."
Mr. Donahue is the Managing Partner and Co-Founder of Black
Squirrel Partners, a growth equity and content acquisition platform
focused on the consumer/retail, technology and music industry
verticals. In 2020, he retired from Morgan Stanley, where he last
served as Head of Americas Equity Capital Markets, was a member of
the Global Capital Markets Operating Committee and was Chairman of
Morgan Stanley's Equity Underwriting Committee.
About PBF Energy
Headquartered in Parsippany-Troy Hills, New Jersey, PBF Energy Inc.
operates as an independent petroleum refiner and supplier.
Egan-Jones Ratings Company, on August 26, 2021, maintained its
'CCC' foreign currency and local currency senior unsecured ratings
on debt issued by PBF Energy Inc. EJR also maintained its 'C'
rating on commercial paper issued by the Company.
PCDM PROPERTIES: Amended Plan & Disclosures Due Jan. 7
------------------------------------------------------
Judge John W. Kolwe has granted PCDM Properties, LLC, an extension
until Jan. 7, 2021, of the deadline to file an Amended Disclosure
Statement and Plan. The Debtor is to notice the Amended Disclosure
Statement and Plan for hearing on March 8, 2022. Any objection to
the Amended Disclosure Statement and Plan are due no later than 14
days prior to the hearing.
About PCDM Properties
PCDM Properties, LLC, filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. W.D. La. Case No. 21
50212) on April 13, 2021. At the time of filing, the Debtor
disclosed $500,001 to $1 million in assets and $100,001 to $500,000
in liabilities. The Keating Firm, APLC serves as the Debtor's
legal counsel.
PETROTEQ ENERGY: Announces Reserve and Economic Evaluation Report
-----------------------------------------------------------------
Petroteq Energy Inc. announced the completion of a reserve and
economic evaluation report which defines bitumen reserves on the
bitumen properties covered by three Utah state mineral leases
located in the Asphalt Ridge Northwest area of Uintah County,
Utah.
The Company's acquisition of the Asphalt Ridge NW Leases is pending
completion. As disclosed in its news release dated Nov. 29, 2021
and described in more detail in its most recent annual report on
Form 10-K, Petroteq, acting through its subsidiaries, Petroteq Oil
Sands Recovery, LLC ("POSR") and TMC Capital, LLC ("TMC Capital"),
has entered into an agreement with Valkor Energy, LLC ("Valkor")
dated Oct. 15, 2021 (the "Exchange Agreement"), under which (a) TMC
Capital/POSR agreed to assign to Valkor all of their respective
rights and interests in the certain oil sands leases collectively
referred to as the "Temple Mountain Leases", and (b) Valkor agreed
to assign to TMC Capital all of its rights and interests in the
Asphalt Ridge NW Leases, which cover or encompass approximately
3,458.22 acres.
The Report was prepared by Chapman Petroleum Engineering Ltd. of
Calgary, Alberta, Canada, an independent qualified reserves
evaluator, with an effective date of Nov. 30, 2021. Chapman
Petroleum Engineering has been working with Petroteq for a number
of years on engineering and resource matters, and is very familiar
with the Company's operations. Portions of the Report (the
"Canadian Evaluation") were prepared in accordance with
definitions, standards, and procedures contained in the Canadian
Oil and Gas Evaluation Handbook ("COGE Handbook") and National
Instrument 51-101 - Standards of Disclosure for Oil and Gas
Activities ("NI 51-101"). Portions of the Report (the "US
Evaluation") were also prepared in accordance with Rule 4-10(a) of
Regulation S-X, as adopted by the United States Securities and
Exchange Commission. Both the Canadian Evaluation and US
Evaluation were calculated in United States dollars.
Based on the Report, the reserve profile of the Asphalt Ridge NW
Leases as at Nov. 30, 2021 is summarized below:
Canadian Evaluation:
* 26 million stock tank barrels ("MMSTB") of Proved Undeveloped
bitumen reserves
* 82 MMSTB of Proved Plus Probable Undeveloped bitumen reserves
* US$265 million before-tax net present value ("NPV") of future
net revenue for Proved Undeveloped bitumen reserves, discounted
at 10%
* US$1,017 million before-tax NPV of future net revenue for
Proved Plus Probable Undeveloped bitumen reserves, discounted at
10%
US Evaluation:
* Proved Undeveloped valuation US$213 million at 10% discount
(BIT)
* Proved Plus Probable valuation US$790 million at 10% discount
The bitumen reserves for the Asphalt Ridge NW Leases were evaluated
using Chapman forecast pricing as at Dec. 1, 2021. The NPV is
prior to provision for interest, debt service charges, and general
and administrative expenses. It should not be assumed that the NPV
of future net revenue estimated by Chapman in the Report represents
the fair market value of the reserves.
The difference between the Canadian Evaluation and the US
Evaluation is the oil price used, which under the Canadian
Standards price forecasts are the norm compared to the SEC
Standards where a specified procedure is used to determine the
appropriate Constant price for the project life. Accordingly, the
Canadian evaluation uses escalated operating and capital costs and
the US evaluation does not. All other technical factors in the
report are identical for the Canadian and US evaluations.
Under the terms of the Exchange Agreement, Valkor has executed an
assignment to TMC Capital of the record lease title and all of the
operating rights (working interests) under the Asphalt Ridge NW
Leases, and TMC Capital has in turn executed assignments
transferring to Valkor all of TMC's rights and interests in the
Temple Mountain Leases. However, the reciprocal assignment under
the Exchange Agreement of certain leases under the jurisdiction of
Utah's School and Institutional Trust Land Administration
("SITLA"), including the assignment of the Asphalt Ridge NW Leases
to TMC Capital, will not constitute final and completed
transactions until the assignments have been reviewed and approved
by SITLA.
The Company filed a statement of reserves data and other oil and
gas information (the "Statement") on www.sedar.com on Dec. 14,
2021 as required by NI 51-101. The effective date of the
Statement is Aug. 31, 2021. As of Aug. 31, 2021, there were no
oil or natural gas reserves attributed to the Company's properties.
As such no reserve report was prepared for the year ended Aug. 31,
2021, and no bitumen reserves were disclosed in the Company's most
recent annual report on Form 10-K. The Statement included an
updated evaluation of, among other things, estimates of the
Company's contingent resources, effective Aug. 31, 2021, for its
working interest in all of its properties located in Utah, USA,
including (A) the Asphalt Ridge area and (B) the PR Springs area.
The Statement did not include an evaluation of the reserves or
resources of the Asphalt Ridge NW Leases. If the Company had
completed the acquisition of the Asphalt Ridge NW Leases on or
prior to the effective date of the Statement (which acquisition is
still pending completion, as described above), the Company's
reasonable expectation of how such acquisition would have effected
such Statement is that the estimates related to resources for its
Asphalt Ridge area and PR Springs properties would have remained
unchanged and the estimates related to reserves for the Asphalt
Ridge NW Leases would have been included.
Dr. Gerald Bailey, Petroteq CEO, commented, "Once the assignment of
the Asphalt Ridge NW Leases to our subsidiary TMC Capital has been
finalized, they will provide the Company with a significant asset
base from which we can further expand our ability to implement our
eco-friendly extraction technology and accelerate commercial oil
production". In addition, Dr. Bailey said, "The reserves
identified in Chapman Petroleum Engineering's Report should help to
unlock access to funding from investors and financial institutions,
and enhance our ability to execute on our Company's business plan.
These data validate our foresight about the expected value of
Asphalt Ridge that led Petroteq to invest in this region. The
Company's team is composed of skilled and experienced engineers and
operators that have demonstrated their ability to deploy our
technology, which is an eco-friendly means of oil production.
Petroteq exhibits a sound environmental approach to being a green
energy solution for extracting the oil from the soil."
Charlie Chapman, P.Eng. has commented, "It is a pleasure to have
been involved with this innovative bitumen recovery project since
its inception in 2014 and the assignment of reserves at this time
reflects the significant progress that has been made over the past
year towards a full-scale operation."
About Petroteq Energy Inc.
Petroteq Energy Inc. -- www.Petroteq.energy -- is a clean
technology company focused on the development, implementation and
licensing of a patented, environmentally safe and sustainable
technology for the extraction and reclamation of heavy oil and
bitumen from oil sands and mineable oil deposits. Petroteq is
currently focused on developing its oil sands resources at Asphalt
Ridge and upgrading production capacity at its heavy oil extraction
facility located near Vernal, Utah.
Petroteq Energy reported a net loss and comprehensive loss of $9.47
million for the year ended Aug. 31, 2021, compared to a net loss
and comprehensive loss of $12.38 million on zero revenue for the
year ended Aug. 31, 2020. As of Aug. 31, 2021, the Company had
$81.03 million in total assets, $14.88 million in total
liabilities, and $66.15 million in total shareholders' equity.
Vancouver, British Columbia, Canada-based Hay & Watson, the
Company's auditor since 2012, issued a "going concern"
qualification in its report dated Dec. 14, 2021, the Company has
had recurring losses from operations and has a net capital
deficiency, which raises substantial doubt about its ability to
continue as a going concern.
PURE BIOSCIENCE: Incurs $796K Net Loss in First Quarter
-------------------------------------------------------
PURE Bioscience, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $796,000 on $501,000 of total revenue for the three months ended
Oct. 31, 2021, compared to a net loss of $180,000 on $1.59 million
of total revenue for the three months ended Oct. 31, 2020.
As of Oct. 31, 2021, the Company had $3.56 million in total assets,
$828,000 in total current liabilities, and $2.73 million in total
stockholders' equity.
Tom Y. Lee, chief executive officer, said, "Our end-users continue
to grow in all segments, however, the global pandemic continues to
create labor and material shortages. These issues, along with the
over-purchase of chemistry, continue to be hurdles in selling our
products. PURE's focus needs to be enhanced in 2022. This is why
the Board of Directors has decided to invest in a formal marketing
function that will be designed to help drive leads and a strong
sales pipeline intended to increase revenue in all verticals.
Marketing will also help to publicize our competitive delineation
and compelling brand. We believe that refreshing the website,
building new messaging and content, as well as tracking sales leads
and revenue through our new CRM (customer relationship management)
software, will help to drive growth. Additionally, we plan to add
more sales headcount intended to propel the business forward in the
coming year," concluded Lee.
A full-text copy of the Form 10-Q is available for free at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1006028/000149315221031570/form10-q.htm
About PURE Bioscience Inc.
PURE Bioscience, Inc. -- www.purebio.com -- is focused on
developing and commercializing its proprietary antimicrobial
products primarily in the food safety arena. The Company provides
solutions to combat the health and environmental challenges of
pathogen and hygienic control. Its technology platform is based on
patented, stabilized ionic silver, and its initial products contain
silver dihydrogen citrate, better known as SDC. PURE is
headquartered in Rancho Cucamonga, California (San Bernardino
metropolitan area).
PURE Bioscience reported a net loss of $2.32 million for the year
ended July 31, 2021.
Los Angeles, California-based Weinberg and Company, P.A., the
Company's auditor since 2019, issued a "going concern"
qualification in its report dated Oct. 28, 2021, citing that the
Company has suffered recurring losses from operations and negative
cash flows from operating activities that raise substantial doubt
about its ability to continue as a going concern.
REWALK ROBOTICS: CFO to Resign in March
---------------------------------------
Ori Gon, the chief financial officer, principal financial officer
and principal accounting officer of ReWalk Robotics Ltd. intends to
resign from the company, effective March 12, 2022.
Mr. Gon's resignation is to pursue another career opportunity and
is not the result of any disagreement with the company regarding
its operations, policies (including accounting or financial
policies) or practices. He will continue to serve as the company's
chief financial officer, principal financial officer and principal
accounting officer until March 12, 2022. The company has commenced
a search process to identify Mr. Gon's successor.
ReWalk and its board of directors wish to thank Mr. Gon for his
strategic leadership and contributions to the company's growth over
the years.
About ReWalk Robotics
ReWalk Robotics Ltd. -- http://www.rewalk.com/-- develops,
manufactures, and markets wearable robotic exoskeletons for
individuals with lower limb disabilities as a result of spinal cord
injury or stroke. ReWalk's mission is to fundamentally change the
quality of life for individuals with lower limb disability through
the creation and development of market leading robotic
technologies. Founded in 2001, ReWalk has headquarters in the
U.S., Israel and Germany.
ReWalk Robotics reported a net loss of $12.98 million for the year
ended Dec. 31, 2020, compared to a net loss of $15.55 million for
the year ended Dec. 31, 2019. As of Sept. 30, 2021, the Company
had $98.72 million in total assets, $5.72 million in total
liabilities, and $92.99 million in total shareholders' equity.
RUM RUNNERS: Unsecureds Unlikely to Get 100% in Sale Plan
---------------------------------------------------------
Rum Runners PA, LLC, submitted a Plan and a Disclosure Statement.
Funding for the Plan will be derived from the sale of the Debtor's
real estate. Sale proceeds will be used to pay creditors to the
greatest extent possible in accordance with their priority under
the Bankruptcy Code.
The Debtor entered into a Contract for the Purchase and Sale of
Property with Dive Property Holdings, LLC, dated Nov. 29, 2021.
Within five days of the filing of this Disclosure Statement and
accompanying Plan, the Debtor will file a Motion to Approve the
Agreement Pursuant to 11 U.S.C. Sec. 363.
Class 4 General Unsecured Non-Tax Claims total $9,608 -- comprised
of Dusquesne Light Company's claim of $8,776 and Internal Revenue
Service's $832.14 claim. Class 4 claims shall receive up to 100%
of allowed claim upon sale of real property in accordance with
priority; However, it is unlikely that there will be sufficient
proceeds to pay the claims.
A copy of the Disclosure Statement dated December 29, 2021, is
available at https://bit.ly/3FJqOgI from PacerMonitor.com.
About Rum Runners PA
Gibsonia, Pa.-based Rum Runners PA, LLC sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. W.D. Pa. Case No.
21-20369) on Feb. 23, 2021. Mark E. Baranowski, member, signed the
petition. In the petition, the Debtor disclosed assets of between
$1 million and $10 million and liabilities of the same range. Judge
Gregory L. Taddonio oversees the case. Robert O Lampl Law Office
is the Debtor's legal counsel.
SEADRILL LIMITED: New Finance to Seek Plan Confirmation Jan. 12
---------------------------------------------------------------
Seadrill New Finance Limited and its debtor-affiliates commenced a
solicitation of votes from holders of Class 3 claims and holders of
Class 7 interests the Debtors' joint prepackaged plan of
reorganization. The plan and disclosure statement are accessible
at https://cases.primeclerk.com/SeadrillNewFinanceSolicitation
On July 2, 2021, the Debtors executed a restructuring support
agreement ("RSA"), which now has support of the parties who
together comprise in aggregate approximately 81.8% of the secured
notes claims ("consenting noteholders"). Among other things, the
RSA obligates the consenting noteholders to vote to approve the
Debtors' prepackaged plan of reorganization and support the
Debtors' restructuring.
The primary purpose of the Plan are: (a) to effectuate an amendment
and extension of the secured notes via the issuance of the 2026 New
Secured Notes; (b) to provide 65% of the equity in NSNCo to the
secured noteholders; and (c) to facilitate the entry into new
management services agreements with respect to the NSNCo Group and
SeaMex. Importantly, the plan provides for the satisfaction of all
trade, customer, and other non-funded debt claims in full in the
ordinary course of business. The Debtors believe that any
alternative to expedient confirmation of the plan would result in
the significant delays, litigations, additional costs and,
ultimately, wold be jeopardize recoveries for the holders of
allowed claims.
Among other things, the plan provides all outstanding and
undisputed general unsecured claims against the Debtors will be
unimpaired and unaffected by the Chapter 11 cases and will be paid
in full in cash or reinstated and satisfied in the ordinary course
of business in accordance with the terms and conditions of the
particular transaction giving rise to the claim.
The Debtor will requests a hearing on confirmation of the plan and
the adequacy of the disclosure statement to be held before the Hon.
David R. Jones, Courtroom 400, of the U.S. Bankruptcy Court,
Houston Division, 515 Rusk Street, Houston Texas 77002, on Jan. 12,
2022, at 3:00 p.m. (prevailing Central Time). Objections, if any,
must be filed no later than 4:00 p.m. (prevailing Central Time) on
Jan. 7, 2022.
About Seadrill Ltd.
Seadrill Limited (OSE: SDRL, OTCQX: SDRLF) --
http://www.seapdrill.com/-- is a deepwater drilling contractor
providing drilling services to the oil and gas industry. As of
March 31, 2018, it had a fleet of over 35 offshore drilling units
that include 12 semi-submersible rigs, 7 drillships, and 16 jack-up
rigs.
On Sept. 12, 2017, Seadrill Limited sought Chapter 11 protection
after reaching terms of a reorganization plan that would
restructure $8 billion of funded debt. It emerged from bankruptcy
in July 2018.
Demand for exploration and drilling has fallen further during the
COVID-19 pandemic as oil firms seek to preserve cash, idling more
rigs and leading to additional overcapacity among companies serving
the industry.
In June 2020, Seadrill wrote down the value of its rigs by $1.2
billion and said it planned to scrap 10 rigs. Seadrill said it is
in talks with lenders on a restructuring of its $5.7 billion bank
debt.
Seadrill Partners LLC, a limited liability company formed by
deepwater drilling contractor Seadrill Ltd. to own, operate and
acquire offshore drilling rigs, along with its affiliates, sought
Chapter 11 protection (Bankr. S.D. Tex. Lead Case No. 20-35740) on
Dec. 1, 2020, after its parent company swept one of its bank
accounts to pay disputed management fees. Mohsin Y. Meghji,
authorized signatory, signed the petitions.
On Feb. 7, 2021, Seadrill GCC Operations Ltd., Asia Offshore
Drilling Limited, Asia Offshore Rig 1 Limited, Asia Offshore Rig 2
Limited, and Asia Offshore Rig 3 Limited sought Chapter 11
protection. Seadrill GCC estimated $100 million to $500 million in
assets and liabilities as of the bankruptcy filing.
Additionally, on Feb. 10, 2021, Seadrill Limited and 114 affiliated
debtors each filed a voluntary petition for relief under Chapter 11
of the United States Bankruptcy Code with the Court. The lead case
is In re Seadrill Limited (Bankr. S.D. Tex. Case No. 21-30427).
Seadrill Limited disclosed $7.291 billion in assets against $7.193
billion in liabilities as of the bankruptcy filing.
In the new Chapter 11 cases, the Debtors tapped Kirkland & Ellis
LLP as counsel; Houlihan Lokey, Inc. as financial advisor; Alvarez
& Marsal North America, LLC as restructuring advisor; Jackson
Walker LLP as co-bankruptcy counsel; Slaughter and May as co
corporate counsel; Advokatfirmaet Thommessen AS as Norwegian
counsel; and Conyers Dill & Pearman as Bermuda counsel. Prime
Clerk LLC is the claims agent.
On April 9, 2021, the board of directors of Debtor Seadrill North
Atlantic Holdings Limited unanimously adopted resolutions
appointing Steven G. Panagos and Jeffrey S. Stein as independent
directors to the board. Seadrill North Atlantic Holdings Limited
tapped Katten Muchin Rosenman LLP as counsel and AMA
CapitalPartners, LLC, as a financial advisor at the sole direction
of independent directors.
SKY MEDIA PAY: Gets OK to Hire Fortune International as Broker
--------------------------------------------------------------
Sky Media Pay, Inc. received approval from the U.S. Bankruptcy
Court for the Southern District of Florida to hire Fortune
International Realty as its real estate broker.
The Debtor requires a real estate broker to market for lease or
sale the following residential properties in Miami:
-- 200 Biscayne Blvd. Way, Suite 4801;
-- 200 Biscayne Blvd. Way, Suite 4811;
-- 200 Biscayne Blvd. Way, Suite 4704; and
-- 200 Biscayne Blvd. Way, Suite 4712.
Fortune will get 6 percent of the total sale price or 10 percent of
the lease as compensation for its services.
As disclosed in court filings, Fortune is a disinterested person
within the meaning on Section 101(14) of the Bankruptcy Code.
The firm can be reached through:
Ricardo Dupond
Fortune International Realty
2666 Brickell Avenue
Miami, FL 33129
Phone: 305-856-2600 / 786-542-9041
Cell: 305-588-7187
Email: rd@fir.com
About Sky Media Pay
Sky Media Pay, Inc. is the fee simple owner of four real properties
in Miami, Fla., having a total current value of $2.52 million.
Sky Media Pay filed a voluntary petition for Chapter 11 protection
(Bankr. S.D. Fla. Case No. 21-20444) on Oct. 29, 2021, listing
$2,521,691 in total assets and $4,503,498 in total liabilities.
Paola Angulo, president, signed the petition.
Judge Laurel M. Isicoff oversees the case.
Roshawn Banks, Esq., at The All Law Center, PA, serves as the
Debtor's legal counsel.
SOUTH MOON: Court Confirms Reorganization Plan
----------------------------------------------
Judge Thomas M. Lynch has entered an order confirming the Third
Amended Chapter 11 Plan for Reorganization and Granting Final
Approval of Second Amended Disclosure Statement of South Moon BBQ
Incorporated.
The effective date of the Plan shall be Jan. 12, 2022. Payments
under the Plan will commence on Feb. 1, 2022.
A Post-Confirmation Status Hearing shall be set for Feb. 9, 2022,
at 11:00 A.M. via Zoom for Government.
Pursuant to 11 U.S.C. Sec. 1141(b), except as otherwise provided in
the Plan or in this Confirmation Order, as of the Effective Date,
all of the property of the estate vests in the Debtor. Except as
provided in sections 1141(d)(2) and (3) and except as otherwise
provided in the Plan or in this Order, after confirmation of the
Plan, the property dealt with by the Plan is free and clear of all
claims and interests of creditors. Further, any and all funds
currently contained in the Debtor's Debtor-In-Possession Account
("DIP Account") are entirely vested in the Debtor and are not
subject to review.
Class 1 (Priority Claim of the Internal Revenue Service), Class 2
(Priority Claim of the Illinois Department of Revenue), and Class 3
(Priority Claim of the Illinois Department of Employment Security)
acquiesced to the Plan, either through casting an affirmative
ballot in support of the Plan or by representing to this Court
during the Confirmation Hearing that their treatment under the Plan
was agreed and acceptable. Class 4 (General Unsecured Creditors)
is deemed to have accepted the Plan by virtue of at least 2/3 in
dollar amount of the allowed interests of such Class voting to
accept the Plan, as well as at least 51% of the voting creditors in
the Class voting to accept the Plan pursuant to 11 U.S.C. Sec.
1126. No objections to the Plan were filed.
Class 2 and Class 3 have voted to accept the Plan in accordance
with section 1126(c) of the Bankruptcy Code, determined without
including any acceptance of the Revised Plan by any "insider".
Additionally, Class 1 is deemed to have acquiesced to the Plan and
Class 4 has accepted the Plan by virtue of section 1126 of the
Bankruptcy Code.
About South Moon BBQ Inc.
South Moon BBQ Incorporated sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. N.D. Ill. Case No. 19-80759) on April
1, 2019. At the time of the filing, the Debtor was estimated to
have assets of less than $50,000 and liabilities of less than $1
million. The case is assigned to Judge Thomas M. Lynch. Barrick,
Switzer, Long, Balsley, & Van Evera LLP is the Debtor's counsel.
STEM HOLDINGS: Delays Filing of Annual Report for FY Ended Sept. 30
-------------------------------------------------------------------
Stem Holdings, Inc. filed a Form 12b-25 with the Securities and
Exchange Commission notifying the delay in the filing of its Annual
Report on Form 10-K for the year ended Sept. 30, 2021.
Stem Holdings was unable to file its Form 10-K within the
prescribed time period without unreasonable effort or expense. The
company anticipates that it will file its Form 10-K within the
grace period provided by Exchange Act Rule 12b-25.
About Stem Holdings
Headquartered in Boca Raton, Florida, Stem Holdings, Inc. --
http://www.stemholdings.com-- is a multi-state, vertically
integrated, cannabis company that, through its subsidiaries and its
investments, is engaged in the manufacture, possession, use, sale,
distribution or branding of cannabis, and holds licenses in the
adult use and medical cannabis marketplace in the states of Oregon,
Nevada, California, Oklahoma and Massachusetts.
Stem Holdings reported a net loss of $11.49 million for the year
ended Sept. 30, 2020, compared to a net loss of $28.98 million for
the year ended Sept. 30, 2019. As of June 30, 2021, the Company
had $118.31 million in total assets, $28.05 million in total
liabilities, and $90.26 million in total shareholders' equity.
LJ Soldinger Associates, LLC, in Deer Park, IL, the Company's
auditor since 2017, issued a "going concern" qualification in its
report dated Dec. 24, 2020, citing that the Company and its
affiliates, had net losses of $11.5 million and $28.985 million,
negative working capital of $9.235 million and $2.635 million and
accumulated deficits of $51.386 million and $40.384 million as of
and for the year ended Sept. 30, 2020 and 2019, respectively. In
addition, the Company has commenced operations in the production
and sale of cannabis and related products, an activity that is
illegal under United States Federal law for any purpose, by way of
Title II of the Comprehensive Drug Abuse Prevention and Control Act
of 1970, otherwise known as the Controlled Substances Act of 1970.
These facts raises substantial doubt as to the Company's ability to
continue as a going concern.
STRIKE LLC: Gets Court Approval to Hold Auction on Jan. 26
----------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Texas
entered an order (i) establishing bidding procedures for the sale
of substantially all of the assets of Strike LLC and its
debtor-affiliates, and (ii) authorizing the Debtors' entry into a
stalking horse purchase agreement.
The Debtors selected the bid of Strike Acquisition LLC as the
initial stalking horse bid for the Debtors' assets. The stalking
horse bidder and the Debtors have executed a certain asset purchase
agreement dated Dec. 6, 2021.
The deadline to submit offer for the Debtors' assets is on Jan. 24,
2021, at 11:59 p.m. (prevailing Central Time). The Debtors will
conduct an auction to determine the highest or otherwise best
qualified bid on or before Jan. 26, 2022, at 9:00 p.m. (prevailing
Central Time).
A sale hearing set for Jan. 27, 2022, at 11:00 a.m. (prevailing
Central Time) before the Hon. David R. Jones of the U.S. Bankruptcy
Court for the Southern District of Texas, 515 Rusk Street,
Courtroom 400 in Houston, Texas 77002. Objections to the sale, if
any, must be filed no later than 4:00 p.m. (prevailing Central
Time) on Jan. 27, 2022.
About Strike LLC
Strike, LLC -- http://www.strikeusa.com/-- is a full-service
pipeline, facilities, and energy infrastructure solutions provider.
Headquartered in The Woodlands, Texas, Strike partners closely
with clients all across North America, safely and successfully
delivering a full range of integrated engineering, construction,
maintenance, integrity, and specialty services that span the entire
oil and gas life cycle.
Strike and its affiliates sought Chapter 11 protection (Bankr. S.D.
Texas Lead Case No. 21-90054) on Dec. 6, 2021. In the petitions
signed by CFO Sean Gore, Strike listed as much as $500 million in
both assets and liabilities.
The cases are handled by Judge David R. Jones.
The Debtors tapped Jackson Walker LLP and White & Case LLP as legal
counsel; Opportune, LLP as financial advisor; and Opportune
Partners, LLC as investment banker. Epiq Corporate Restructuring,
LLC, is the claims agent.
The U.S. Trustee for Region 7 appointed an official committee of
unsecured creditors on Dec. 15, 2021. The Committee is represented
by Marty Brimmage, Esq.
T.C. INN: Seeks to Hire Orville & McDonald as Legal Counsel
-----------------------------------------------------------
T.C. Inn Inc. seeks approval from the U.S. Bankruptcy Court for the
Northern District of New York to employ Orville & McDonald Law,
P.C. to serve as legal counsel in its Chapter 11 case.
The firm's services include:
a. advising the Debtor regarding its powers and duties in the
continued operation of its business and in the management of its
property;
b. taking necessary action to avoid liens against the Debtor's
property, remove restraints against the property or remove any
encumbrances and liens, which are avoidable;
c. taking necessary action to enjoin and stay until final
decree any attempts by secured creditors to enforce liens upon
property of the Debtor in which the Debtor has substantial equity;
d. representing the Debtor in any proceedings, which may be
instituted in the court by creditors or other parties during the
course of its Chapter 11 proceeding;
e. preparing legal papers; and
f. other legal services necessary to administer the Debtor's
Chapter 11 case.
Orville & McDonald Law will charge $350 per hour for Peter Orville,
Esq., $250 per hour for Zachary McDonald, Esq., and $125 per hour
for non-lawyer staff.
The firm will be paid a retainer in the amount of $10,000 and
reimbursed for out-of-pocket expenses incurred.
Peter Orville, Esq., a partner at Orville & McDonald Law, disclosed
in a court filing that his firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.
The firm can be reached at:
Peter A. Orville, Esq.
Orville & McDonald Law, P.C.
30 Riverside Drive
Binghamton, NY 13905
Tel: (607) 770-1007
Email: peteropc@gmail.com
About T.C. Inn Inc.
T.C. Inn Inc. sought protection for relief under Chapter 11 of the
Bankruptcy Code (Bankr. N.D.N.Y. Case No. 21-60906) on Dec. 3,
2021, listing as much as $1 million in both assets and liabilities.
Judge Diane Davis oversees the case.
Peter A. Orville, Esq., at Orville & McDonald Law, P.C. represents
the Debtor as legal counsel.
TD HOLDINGS: Audit Alliance Replaces BF Borgers as Auditor
----------------------------------------------------------
The audit committee of the board of directors of TD Holdings, Inc.
dismissed BF Borgers CPA, PC as the company's independent
registered public accounting firm, effective Dec. 23, 2021.
For the fiscal year ended Dec. 31, 2020, BFB's audit reports on the
company's financial statements did not contain an adverse opinion
or disclaimer of opinion, nor was it qualified as to audit scope or
accounting principles.
During the fiscal years ended Dec. 31, 2020 and any subsequent
interim period through the date of dismissal, Dec. 23, 2021, (i)
there were no "disagreements" (as described in Item 304(a)(1)(iv)
of Regulation S-K and the related instructions) between the company
and BFB on any matter of accounting principles or practices,
financial statement disclosure or auditing scope or procedures,
which disagreements, if not resolved to BFB's satisfaction, would
have caused BFB to make reference in connection with BFB's opinion
to the subject matter of the disagreement; and (ii) except for the
matter relating to internal control over financial reporting
described below, there were no "reportable events" as the term is
described in Item 304(a)(1)(v) of Regulation S-K.
On Dec. 22, 2021, the audit committee approved the appointment of
Audit Alliance LLP as the company's independent registered public
accounting firm to audit the company's consolidated financial
statements as of and for the fiscal year ending Dec. 31, 2021,
effective Dec. 23, 2021.
During the two most recent fiscal years and through Dec. 23, 2021,
the company has not consulted with AA regarding (1) any matter that
was the subject of a disagreement or a reportable event described
in Items 304(a)(1)(iv) or (v), respectively, or (2) any matter that
was the subject of a disagreement or a reportable event described
in Items 304(a)(1)(iv) or (v), respectively, of Regulation S-K.
About TD Holdings
TD Holdings, Inc. is a service provider currently engaging in
commodity trading business and supply chain service business in
China. Its commodities trading business primarily involves
purchasing non-ferrous metal product from upstream metal and
mineral suppliers and then selling to downstream customers. Its
supply chain service business primarily has served as a one-stop
commodity supply chain service and digital intelligence supply
chain platform integrating upstream and downstream enterprises,
warehouses, logistics, information, and futures trading. For more
information, please visit http://ir.tdglg.com.
TD Holdings reported a net loss of $5.95 million for the year ended
Dec. 31, 2020, compared to a net loss of $6.94 million for the year
ended Dec. 31, 2019. As of June 30, 2021, the Company had $186.59
million in total assets, $37.33 million in total liabilities, and
$149.26 million in total equity.
TRITON INTERNATIONAL: Units Amend Asset-Backed Debt Facilities
--------------------------------------------------------------
Certain wholly owned subsidiaries of Triton International Limited
on December 20, 2021, amended their outstanding asset-backed debt
facilities, including: (1) the Loan and Security Agreement dated as
of December 13, 2018, as amended, relating to TIF Funding LLC's
asset-backed warehouse facility providing for total indebtedness of
up to $1.125 billion (subject to further increase as provided
therein), under which $0.3 billion of borrowings were outstanding
as of September 30, 2021, and (2) the Indenture and related series
supplement governing Triton Container Finance VIII LLC's Fixed Rate
Asset-Backed Notes, Series 2020-1, Class A and Fixed Rate
Asset-Backed Notes, Series 2020-1, Class B, with a total
outstanding principal amount of $1.250 billion as of September 30,
2021.
The amendments, among other things:
(i) replaced the pooling methodology previously used for
allocating net revenues from containers collateralizing the debt
facilities with a new methodology whereby net revenues are instead
allocated to a debt facility based on the specific containers
securing such facility; and
(ii) modified certain financial covenants of Triton Container
International Limited, as manager under the facilities, in order to
harmonize such covenants with the financial covenants contained in
TCIL's and TAL International Container Corporation's term loan and
revolving credit facilities, which were recently amended on October
14, 2021.
About Triton International Limited
Triton International Limited engages in the acquisition, leasing,
re-leasing, and sale of various types of intermodal containers and
chassis to shipping lines, and freight forwarding companies and
manufacturers. It operates in two segments, Equipment Leasing and
Equipment Trading. The company primarily leases dry, refrigerated,
special, and tank containers; and chassis used for the
transportation of intermodal containers, as well as provides
maritime container management services.
As of December 31, 2020, Triton's total fleet consisted of 3.7
million containers and chassis representing 6.2 million 20-foot
equivalent units or 7.0 million cost equivalent units. The company
also purchases containers from shipping line customers and other
sellers, as well as resells these containers to container retailers
and users. It operates in Asia, Europe, the Americas, Bermuda, and
internationally. The company was founded in 1980 and is based in
Hamilton, Bermuda.
In March 2020, Fitch Ratings assigned a first-time Issuer Default
Rating (IDR) of 'BB+' to Triton International Limited and its
wholly owned subsidiary Triton Container International Limited
(TCIL). Fitch also assigned a 'BBB-' rating to TCIL's senior
secured credit facility and senior secured term loans, and a rating
of 'BB-' to all of Triton's perpetual cumulative redeemable
preferred shares. The preferred shares represent unsecured
obligations, ranking junior to and subordinated in right of payment
to Triton's secured debt. The Rating Outlook is Stable.
This concludes the Troubled Company Reporter's coverage of Triton
International until facts and circumstances, if any, emerge that
demonstrate financial or operational strain or difficulty at a
level sufficient to warrant renewed coverage.
UMATRIN HOLDING: Incurs $79K Net Loss in Third Quarter
------------------------------------------------------
Umatrin Holding Limited filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $78,815 on $248,317 of sales for the three months ended Sept 30,
2021, compared to net profit of $252,051 on $821,105 of sales for
the three months ended Sept. 30, 2020.
For the nine months ended Sept. 30, 2021, the Company reported net
profit of $216,547 on $1.13 million of sales compared to net profit
of $1.04 million on $2.63 million of sales for the nine months
ended Sept. 30, 2020.
As of Sept. 30, 2021, the Company had $1.60 million in total
assets, $1.28 million in total liabilities, and $311,261 in total
equity.
The Company had cash and cash equivalent of $11,899 and $50,459 as
of Sept. 30, 2021 and Dec. 31, 2020, respectively.
Umatrin said, "Our company's operations have been funded through an
equity financing and a series of debt transactions, primarily with
shareholders, directors, and officers of our company and affiliated
entities. These related party debt transactions such as advances
have operated as informal lines of credit since the inception of
our company, and related parties have extended credit as needed
which our company has repaid at its convenience. We anticipate
that we will incur operating losses in the foreseeable future and
we believe we will need additional cash to support our daily
operations while we are attempting to execute our business plan and
produce revenues. If our related parties are unable or unwilling to
provide additional capital, we would likely require financing from
third parties. There can be no assurance that any additional
financing will be available to us, on terms we believe to be
favorable or at all. The inability to obtain additional capital
would have a material adverse effect on our operations and
financial condition and could force us to curtail or discontinue
operations entirely and/or file for protection under bankruptcy
laws."
A full-text copy of the Form 10-Q is available for free at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1317839/000147793221009563/umhl_10q.htm
About Umatrin
Umatrin Holding Limited aims to provide healthy and youthfulness to
the consumer through its extensive research and development
conducted by its certified dermatologist and pharmacist partners.
The Company has curated non-toxic beauty, personal care to health
and wellness products.
As of June 30, 2021, the Company had $1.39 million in total assets,
$1.02 million in total liabilities, and $376,954 in total equity.
Oakland Gardens, New York-based Yichien Yeh, CPA, the Company's
auditor since 2020, issued a "going concern" qualification in its
report dated April 14, 2021, citing that the Company has suffered
recurring losses from operations and has a net capital deficiency
that raise substantial doubt about its ability to continue as a
going concern.
UMATRIN HOLDING: JP Centurion Replaces Yeh CPA as Auditor
---------------------------------------------------------
Yichien Yeh CPA resigned as Umatrin Holding Limited's independent
registered public accounting firm on Sept. 30, 2021. Yeh CPA had
served as the company's auditor since June 25, 2020. The board of
directors of the company approved and ratified the resignation of
Yeh CPA on Nov. 15, 2021.
The report of Yeh CPA on the financial statements of the company
for the fiscal year ended Dec. 31, 2020 and the related statements
of operations and comprehensive income (loss), changes in
stockholders' equity (deficit), and cash flows for the fiscal year
ended Dec. 31, 2020 did not contain an adverse opinion or
disclaimer of opinion and were not qualified or modified as to
uncertainty, audit scope or accounting principles.
During the company's most recent fiscal year ended Dec. 31, 2020
and in the subsequent interim period through Sept. 30, 2021, a)
there were no disagreements with Yeh CPA on any matter of
accounting principles or practices, financial statement disclosure,
or auditing scope or procedure, which disagreements, if not
resolved to the satisfaction of Yeh CPA, would have caused it to
make reference thereto in its reports on the financial statements
for such years and (b) there were no "reportable events" as
described in Item 304(a)(1)(v) of Regulation S-K.
Effective Nov. 15, 2021, the board of directors of the company
approved and ratified the appointment of JP Centurion & Partners
PLT as its new independent registered public accounting firm to
audit and review the company's financial statements. During the
two most recent fiscal years ended Dec. 31, 2019 and Dec. 31, 2020
and any subsequent interim periods through Dec. 28, 2021 (the date
hereof) prior to the engagement of JP Centurion, neither the
company, nor someone on its behalf, has consulted JP Centurion
regarding:
i. either: the application of accounting principles to a specified
transaction, either completed or proposed; or the type of audit
opinion that might be rendered on the company's consolidated
financial statements, and either a written report was provided to
the company or oral advice was provided that the new independent
registered public accounting firm concluded was an important factor
considered by the company in reaching a decision as to the
accounting, auditing or financial reporting issue;
ii. or any matter that was either the subject of a disagreement as
defined in paragraph 304(a)(1)(iv) of Regulation S-K or a
reportable event as described in paragraph 304(a)(1)(v) pf
Regulation S-K.
About Umatrin
Umatrin Holding Limited aims to provide healthy and youthfulness to
the consumer through its extensive research and development
conducted by its certified dermatologist and pharmacist partners.
The Company has curated non-toxic beauty, personal care to health
and wellness products.
As of June 30, 2021, the Company had $1.39 million in total assets,
$1.02 million in total liabilities, and $376,954 in total equity.
Oakland Gardens, New York-based Yichien Yeh, CPA, the Company's
auditor since 2020, issued a "going concern" qualification in its
report dated April 14, 2021, citing that the Company has suffered
recurring losses from operations and has a net capital deficiency
that raise substantial doubt about its ability to continue as a
going concern.
VI ACQUISITION: Receiver to Sell Tax Assets
-------------------------------------------
Pursuant to an order of the Delaware Court of Chancery, William
Kaye has been appointed as receiver for VI Acquisition Corp, with
the authority to sell the Tax Assets of VI Acquisition at auction.
The deadline to submit preliminary offers was on Dec. 24, 2021.
If two or more offers are received, Mr. Kaye, at his option, will
either seek increased offers from the multiple offerers, and or
conduct a telephone auction at a time to be set by Mr. Kaye, with
adequate notice to the offerers of the auction.
Upon determining the highest or best offer, Mr. Kaye will submit
the offer to the Chancery Court for approval. Upon receiving
approval from the Chancery Court, Mr. Kaye will notify the winner
and enter into a appropriate contract to complete the transaction.
Mr. Kaye can be reached at billkaye@jllconsultants.com or
516-374-3705
VOIP-PAL.COM INC: Incurs $2.2-Mil. Net Loss in FY Ended Sept. 30
----------------------------------------------------------------
VOIP-PAL.com Inc. filed with the Securities and Exchange Commission
its Annual Report on Form 10-K disclosing a loss and comprehensive
loss of $2.16 million for the year ended Sept. 30, 2021, compared
to a loss and comprehensive loss of $2.34 million for the year
ended Sept. 30, 2020.
As of Sept. 30, 2021, the Company had $700,519 in total assets,
$181,599 in total liabilities, and $518,920 in stockholders'
equity.
Vancouver, Canada-based Davidson & Company LLP, the Company's
auditor since 2015, issued a "going concern" qualification in its
report dated Dec. 14, 2021, citing that the Company has suffered
recurring losses from operations and has a net capital deficiency
that raise substantial doubt about its ability to continue as a
going concern.
A full-text copy of the Form 10-K is available for free at:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1410738/000149315221031576/form10-k.htm
About VOIP-PAL.com
Since March 2004, VOIP-PAL.com has developed technology and patents
related to Voice-over-Internet Protocol (VoIP) processes. All
business activities prior to March 2004 have been abandoned and
written off to deficit. The Company operates in one reportable
segment being the acquisition and development of VoIP-related
intellectual property including patents and technology.
WESTERN URANIUM: Provides Company Updates
-----------------------------------------
Western Uranium & Vanadium Corp. provided the following updates.
Strategic Acquisition of Physical Uranium
The Company has completed the acquisition of 125,000 pounds of
natural uranium concentrate. This was announced in June 2021, and
because of uranium prices at the time, Western paid a price of $32
per pound for the U3O8. Uranium currently has a spot value of ~$43
per pound. Thus a $5.4 million asset has been purchased for $4.0
million. The Company retains the optionality to hold this
strategic uranium inventory as a long-term investment or use to
fulfill its uranium supply agreement delivery for 2022. During
2021 there have been a multitude of catalysts for uranium miners
and the nuclear industry. Over the longer term, the prior decade
of oversupply has stifled the development of new uranium mines
which has created an undersupply of nuclear fuel going forward.
This provides a market opportunity for Western and other miners
with "ready-to-produce" uranium mines that are permitted,
developed, and capable of significant production volumes.
Sunday Mine Complex Project Update
Mining Operations at the Sunday Mine Complex continue to produce
results far beyond expectations. Work on the GMG Ore Body involves
the continued development of high-grade ore zones. As drift
development continues, scintillometer readings have confirmed areas
of up to 3% uranium ore. Limited mining has produced over 600 tons
of very high-grade uranium/vanadium ore. The project was initially
contemplated to drift (tunnel) 150 feet to reach the first surface
exploration drill hole, however ore has been encountered
continuously after 30 feet of drift advance and through 120 feet of
drift advance.
Prior to commencing the 2021 project, the SMC mines were among few
mines in the world that were "ready-to-produce". This project had
targeted multiple SMC ore bodies for development with the purpose
of increasing initial production capacity. The GMG Ore Body
development has been highlighted in a slide show added to Western's
website (www.western-uranium.com).
Weld County DJ-Basis Oil and Gas Lease
By mid-August 2021, each of the eight Blue Teal Fed wells had
commenced production; September was the first full month of oil and
gas production. The first monthly royalty check / royalty
statement will be released at the January 2022 month-end for the
since inception cumulative gas sales through November 2020 and
since inception cumulative oil sales through December 2020. Based
upon well production data reported by the Colorado Oil & Gas
Conservation Commission (COGCC), it appears monthly aggregate oil
and gas production volumes respectively increased 19% and 35% from
September to October. Production levels across the eight wells
have been comparable as individual well volumes continue to build
toward peak levels.
About Western Uranium & Vanadium
Western Uranium & Vanadium Corp. is a Colorado based uranium and
vanadium conventional mining company focused on low cost near-term
production of uranium and vanadium in the western United States,
and development and application of kinetic separation.
The Company reported a net loss of $2.39 million in 2020 following
a net loss of $2.11 million in 2019. As of Sept. 30, 2021, the
Company had $26.85 million in total assets, $4.13 million in total
liabilities, and $22.72 million in total shareholders' equity.
Mississauga, Canada-based MNP LLP, the Company's auditor since
2015, issued a "going concern" qualification in its report dated
April 15, 2021, citing that the Company has incurred continuing
losses and negative cash flows from operations and is dependent
upon future sources of equity or debt financing in order to fund
its operations. These conditions raise substantial doubt about the
Company's ability to continue as a going concern.
WESTERN URANIUM: Raises C$596,746 in Private Placement
------------------------------------------------------
Western Uranium & Vanadium Corp. has closed a non-brokered private
placement of 372,966 units at a price of C$1.60 per unit. The
aggregate gross proceeds raised in this private placement amount to
C$596,746.
Each unit consists of one common share of Western plus one common
share purchase warrant of the company. Each warrant will entitle
the holder to purchase one share at a price of C$2.50 per share for
a period of three years following the closing date of the private
placement. A total of 372,966 shares and 372,966 warrants are
being issued in the private placement.
The warrants contain a provision that if the company's shares trade
at or above C$5.00 per share for 10 consecutive trading days, the
company may, at any time after the expiry of the applicable
statutory hold period, accelerate the expiration of the warrants
upon not less than 30 days' written notice by the company.
Western anticipates that the net proceeds of the private placement
will be used to complete the strategic acquisition of physical
uranium transaction, which was previously announced by news release
on June 2, 2021.
Securities issued pursuant to the private placement will be subject
to a minimum six month hold period. The closing of the private
placement remains subject to final regulatory approval.
The securities offered and sold have not been registered under the
U.S. Securities Act of 1933 and may not be offered or sold in the
United States absent registration or an applicable exemption from
registration requirements.
About Western Uranium & Vanadium
Western Uranium & Vanadium Corp. is a Colorado based uranium and
vanadium conventional mining company focused on low cost near-term
production of uranium and vanadium in the western United States,
and development and application of kinetic separation.
The Company reported a net loss of $2.39 million in 2020 following
a net loss of $2.11 million in 2019. As of Sept. 30, 2021, the
Company had $26.85 million in total assets, $4.13 million in total
liabilities, and $22.72 million in total shareholders' equity.
Mississauga, Canada-based MNP LLP, the Company's auditor since
2015, issued a "going concern" qualification in its report dated
April 15, 2021, citing that the Company has incurred continuing
losses and negative cash flows from operations and is dependent
upon future sources of equity or debt financing in order to fund
its operations. These conditions raise substantial doubt about the
Company's ability to continue as a going concern.
[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------
Total
Share- Total
Total Holders' Working
Assets Equity Capital
Company Ticker ($MM) ($MM) ($MM)
------- ------ ------ -------- -------
ACCELERATE DIAGN AXDX* MM 81.2 (39.7) 64.0
ACCELERATE DIAGN 1A8 TH 81.2 (39.7) 64.0
ACCELERATE DIAGN 1A8 QT 81.2 (39.7) 64.0
ACCELERATE DIAGN 1A8 GR 81.2 (39.7) 64.0
ACCELERATE DIAGN AXDX US 81.2 (39.7) 64.0
AEMETIS INC DW51 GZ 147.0 (132.1) (57.6)
AEMETIS INC DW51 TH 147.0 (132.1) (57.6)
AEMETIS INC DW51 QT 147.0 (132.1) (57.6)
AEMETIS INC DW51 GR 147.0 (132.1) (57.6)
AEMETIS INC AMTX US 147.0 (132.1) (57.6)
AEMETIS INC AMTXGEUR EZ 147.0 (132.1) (57.6)
AEMETIS INC AMTXGEUR EU 147.0 (132.1) (57.6)
AERIE PHARMACEUT 0P0 TH 351.8 (72.9) 157.8
AERIE PHARMACEUT 0P0 QT 351.8 (72.9) 157.8
AERIE PHARMACEUT AERIEUR EU 351.8 (72.9) 157.8
AERIE PHARMACEUT 0P0 GR 351.8 (72.9) 157.8
AERIE PHARMACEUT AERI US 351.8 (72.9) 157.8
AERIE PHARMACEUT 0P0 GZ 351.8 (72.9) 157.8
AERIE PHARMACEUT AERIEUR EZ 351.8 (72.9) 157.8
AGRIFY CORP AGFY US 159.3 134.7 109.9
ALPHA CAPITAL -A ASPC US 231.1 212.7 1.0
ALPHA CAPITAL AC ASPCU US 231.1 212.7 1.0
ALTENERGY ACQU-A AEAE US 0.5 (0.1) (0.1)
ALTENERGY ACQUIS AEAEU US 0.5 (0.1) (0.1)
ALTICE USA INC-A ATUS US 33,432.7 (1,132.7) (2,824.2)
ALTICE USA INC-A ATUSEUR EU 33,432.7 (1,132.7) (2,824.2)
ALTICE USA INC-A 15PA GR 33,432.7 (1,132.7) (2,824.2)
ALTICE USA INC-A 15PA TH 33,432.7 (1,132.7) (2,824.2)
ALTICE USA INC-A ATUS* MM 33,432.7 (1,132.7) (2,824.2)
ALTICE USA INC-A 15PA GZ 33,432.7 (1,132.7) (2,824.2)
ALTIRA GP-CEDEAR MOC AR 39,564.0 (1,226.0) (2,092.0)
ALTIRA GP-CEDEAR MOD AR 39,564.0 (1,226.0) (2,092.0)
ALTIRA GP-CEDEAR MO AR 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC PHM7 GZ 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC 0R31 LI 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC MOUSD SW 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC MO-RM RM 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC MO* MM 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC PHM7 TH 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC MO TE 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC PHM7 GR 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC MOEUR EU 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC MO SW 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC MO US 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC PHM7 QT 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC ALTR AV 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC MOEUR EZ 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP INC MO CI 39,564.0 (1,226.0) (2,092.0)
ALTRIA GROUP-BDR MOOO34 BZ 39,564.0 (1,226.0) (2,092.0)
AMC ENTERTAINMEN AMC4EUR EU 11,057.5 (1,642.7) 173.8
AMC ENTERTAINMEN AH9 GZ 11,057.5 (1,642.7) 173.8
AMC ENTERTAINMEN AMC-RM RM 11,057.5 (1,642.7) 173.8
AMC ENTERTAINMEN A2MC34 BZ 11,057.5 (1,642.7) 173.8
AMC ENTERTAINMEN AMC US 11,057.5 (1,642.7) 173.8
AMC ENTERTAINMEN AH9 GR 11,057.5 (1,642.7) 173.8
AMC ENTERTAINMEN AMC* MM 11,057.5 (1,642.7) 173.8
AMC ENTERTAINMEN AH9 TH 11,057.5 (1,642.7) 173.8
AMC ENTERTAINMEN AH9 QT 11,057.5 (1,642.7) 173.8
AMERICAN AIR-BDR AALL34 BZ 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE AAL11EUR EU 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE AAL AV 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE AAL TE 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE A1G SW 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE A1G GZ 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE AAL-RM RM 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE AAL_KZ KZ 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE AAL US 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE A1G GR 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE AAL* MM 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE A1G TH 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE A1G QT 68,437.0 (7,437.0) 257.0
AMERICAN AIRLINE AAL11EUR EZ 68,437.0 (7,437.0) 257.0
AMYRIS INC 3A01 GZ 542.3 (53.3) (182.0)
AMYRIS INC AMRS* MM 542.3 (53.3) (182.0)
AMYRIS INC 3A01 GR 542.3 (53.3) (182.0)
AMYRIS INC 3A01 TH 542.3 (53.3) (182.0)
AMYRIS INC AMRS US 542.3 (53.3) (182.0)
AMYRIS INC AMRSEUR EU 542.3 (53.3) (182.0)
AMYRIS INC 3A01 QT 542.3 (53.3) (182.0)
AMYRIS INC 3A01 SW 542.3 (53.3) (182.0)
AMYRIS INC AMRSEUR EZ 542.3 (53.3) (182.0)
APELLIS PHARMACE APLS US 525.7 (57.3) 381.2
APELLIS PHARMACE 1JK TH 525.7 (57.3) 381.2
APELLIS PHARMACE 1JK GR 525.7 (57.3) 381.2
APELLIS PHARMACE APLSEUR EU 525.7 (57.3) 381.2
APOLLO ENDOSURGE HQ8F GR 71.1 (0.1) 39.0
APOLLO ENDOSURGE APEN1EUR EU 71.1 (0.1) 39.0
APOLLO ENDOSURGE HQ8F TH 71.1 (0.1) 39.0
APOLLO ENDOSURGE APEN US 71.1 (0.1) 39.0
AQUESTIVE THERAP AQST US 65.3 (60.3) 25.2
ARCH BIOPARTNERS ARCH CN 2.7 (4.8) (1.4)
ARCHIMEDES TECH ATSPU US 133.8 133.5 0.6
ARCHIMEDES- SUB ATSPT US 133.8 133.5 0.6
ARTERIS INC AIP US 40.6 (15.0) (12.2)
ATHENA BITCOIN G ABIT US 0.0 (1.6) (1.6)
ATLAS TECHNICAL ATCX US 420.1 (144.9) 103.2
AUSTERLITZ ACQ-A AUS US 692.9 614.7 (5.4)
AUSTERLITZ ACQUI AUS/U US 692.9 614.7 (5.4)
AUTOZONE INC AZO AV 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC AZ5 TE 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC AZO* MM 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC AZO-RM RM 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC AZ5 GR 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC AZ5 TH 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC AZOEUR EU 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC AZ5 QT 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC AZO US 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC AZ5 GZ 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC AZOEUR EZ 14,460.9 (2,124.7) (1,738.7)
AUTOZONE INC-BDR AZOI34 BZ 14,460.9 (2,124.7) (1,738.7)
AVID TECHNOLOGY AVD TH 248.9 (126.4) (6.5)
AVID TECHNOLOGY AVD GZ 248.9 (126.4) (6.5)
AVID TECHNOLOGY AVID US 248.9 (126.4) (6.5)
AVID TECHNOLOGY AVD GR 248.9 (126.4) (6.5)
AVIS BUD-CEDEAR CAR AR 21,610.0 (198.0) (231.0)
AVIS BUDGET GROU CUCA GZ 21,610.0 (198.0) (231.0)
AVIS BUDGET GROU CUCA GR 21,610.0 (198.0) (231.0)
AVIS BUDGET GROU CAR US 21,610.0 (198.0) (231.0)
AVIS BUDGET GROU CAR2EUR EU 21,610.0 (198.0) (231.0)
AVIS BUDGET GROU CUCA QT 21,610.0 (198.0) (231.0)
AVIS BUDGET GROU CAR* MM 21,610.0 (198.0) (231.0)
AVIS BUDGET GROU CUCA SW 21,610.0 (198.0) (231.0)
AVIS BUDGET GROU CAR2EUR EZ 21,610.0 (198.0) (231.0)
AVIS BUDGET GROU CUCA TH 21,610.0 (198.0) (231.0)
BACKBLAZE INC-A BLZE US 60.4 (12.1) (32.1)
BATH & BODY WORK BBWI AV 6,031.0 (1,675.0) 1,550.0
BATH & BODY WORK LTD0 GZ 6,031.0 (1,675.0) 1,550.0
BATH & BODY WORK BBWI-RM RM 6,031.0 (1,675.0) 1,550.0
BATH & BODY WORK LTD0 GR 6,031.0 (1,675.0) 1,550.0
BATH & BODY WORK BBWI US 6,031.0 (1,675.0) 1,550.0
BATH & BODY WORK LTD0 TH 6,031.0 (1,675.0) 1,550.0
BATH & BODY WORK LBEUR EU 6,031.0 (1,675.0) 1,550.0
BATH & BODY WORK BBWI* MM 6,031.0 (1,675.0) 1,550.0
BATH & BODY WORK LTD0 QT 6,031.0 (1,675.0) 1,550.0
BATH & BODY WORK LBEUR EZ 6,031.0 (1,675.0) 1,550.0
BAUSCH HEALTH CO BVF GZ 29,252.0 (135.0) (113.0)
BAUSCH HEALTH CO BVF TH 29,252.0 (135.0) (113.0)
BAUSCH HEALTH CO BHC US 29,252.0 (135.0) (113.0)
BAUSCH HEALTH CO BHC CN 29,252.0 (135.0) (113.0)
BAUSCH HEALTH CO BVF GR 29,252.0 (135.0) (113.0)
BAUSCH HEALTH CO VRX SW 29,252.0 (135.0) (113.0)
BAUSCH HEALTH CO BHCN MM 29,252.0 (135.0) (113.0)
BAUSCH HEALTH CO BVF QT 29,252.0 (135.0) (113.0)
BAUSCH HEALTH CO VRX1EUR EU 29,252.0 (135.0) (113.0)
BAUSCH HEALTH CO VRX1EUR EZ 29,252.0 (135.0) (113.0)
BELLRING BRAND-A BR6 GZ 696.5 (65.5) 136.8
BELLRING BRAND-A BRBR1EUR EU 696.5 (65.5) 136.8
BELLRING BRAND-A BRBR US 696.5 (65.5) 136.8
BELLRING BRAND-A BR6 GR 696.5 (65.5) 136.8
BELLRING BRAND-A BR6 TH 696.5 (65.5) 136.8
BENEFITFOCUS INC BNFTEUR EU 252.4 (2.0) 65.9
BENEFITFOCUS INC BNFT US 252.4 (2.0) 65.9
BENEFITFOCUS INC BTF GR 252.4 (2.0) 65.9
BIGBEAR.AI HOLDI BBAI US 360.3 344.9 (1.1)
BIGBEAR.AI HOLDI 28K1 GR 360.3 344.9 (1.1)
BIGBEAR.AI HOLDI GIG2EUR EU 360.3 344.9 (1.1)
BIOCRYST PHARM BCRX US 265.8 (147.0) 119.1
BIOCRYST PHARM BO1 GR 265.8 (147.0) 119.1
BIOCRYST PHARM BO1 TH 265.8 (147.0) 119.1
BIOCRYST PHARM BCRXEUR EU 265.8 (147.0) 119.1
BIOCRYST PHARM BO1 QT 265.8 (147.0) 119.1
BIOCRYST PHARM BO1 SW 265.8 (147.0) 119.1
BIOCRYST PHARM BCRX* MM 265.8 (147.0) 119.1
BIOCRYST PHARM BCRXEUR EZ 265.8 (147.0) 119.1
BIOHAVEN PHARMAC BHVN US 1,131.2 (531.2) 482.1
BIOHAVEN PHARMAC BHVNEUR EU 1,131.2 (531.2) 482.1
BIOHAVEN PHARMAC 2VN GR 1,131.2 (531.2) 482.1
BIOHAVEN PHARMAC 2VN TH 1,131.2 (531.2) 482.1
BLACKSKY TECHNOL BKSY US 323.7 152.8 183.0
BLUE BIRD CORP 4RB TH 356.0 (32.7) 31.3
BLUE BIRD CORP 4RB QT 356.0 (32.7) 31.3
BLUE BIRD CORP BLBD US 356.0 (32.7) 31.3
BLUE BIRD CORP 4RB GR 356.0 (32.7) 31.3
BLUE BIRD CORP BLBDEUR EU 356.0 (32.7) 31.3
BLUE BIRD CORP 4RB GZ 356.0 (32.7) 31.3
BLUEACACIA LTD BLEUU US 254.7 (7.8) (7.8)
BOEING CO-BDR BOEI34 BZ 146,846.0 (14,266.0) 31,117.0
BOEING CO-CED BAD AR 146,846.0 (14,266.0) 31,117.0
BOEING CO-CED BA AR 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA AV 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BAUSD SW 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BCO GZ 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BACL CI 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA_KZ KZ 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BOE LN 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BCO TH 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA PE 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BOEI BB 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA US 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA SW 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA* MM 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA TE 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BCO GR 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BAEUR EU 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA EU 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BCO QT 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA-RM RM 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BAEUR EZ 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA EZ 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE BA CI 146,846.0 (14,266.0) 31,117.0
BOEING CO/THE TR TCXBOE AU 146,846.0 (14,266.0) 31,117.0
BOMBARDIER INC-B BBDBN MM 12,532.0 (3,211.0) 1,296.0
BRIDGEBIO PHARMA BBIO US 781.5 (735.9) 543.9
BRIDGEBIO PHARMA 2CL GR 781.5 (735.9) 543.9
BRIDGEBIO PHARMA 2CL GZ 781.5 (735.9) 543.9
BRIDGEBIO PHARMA BBIOEUR EU 781.5 (735.9) 543.9
BRIDGEBIO PHARMA 2CL TH 781.5 (735.9) 543.9
BRIDGEMARQ REAL BRE CN 84.3 (55.8) 9.9
BRINKER INTL EAT2EUR EU 2,339.4 (325.5) (329.9)
BRINKER INTL BKJ QT 2,339.4 (325.5) (329.9)
BRINKER INTL BKJ TH 2,339.4 (325.5) (329.9)
BRINKER INTL EAT US 2,339.4 (325.5) (329.9)
BRINKER INTL BKJ GR 2,339.4 (325.5) (329.9)
BRINKER INTL EAT2EUR EZ 2,339.4 (325.5) (329.9)
BROOKFIELD INF-A BIPC US 9,176.0 (1,148.0) (2,097.0)
BROOKFIELD INF-A BIPC CN 9,176.0 (1,148.0) (2,097.0)
BRP INC/CA-SUB V B15A TH 4,572.6 (226.8) 252.5
BRP INC/CA-SUB V B15A GZ 4,572.6 (226.8) 252.5
BRP INC/CA-SUB V DOOEUR EU 4,572.6 (226.8) 252.5
BRP INC/CA-SUB V DOO CN 4,572.6 (226.8) 252.5
BRP INC/CA-SUB V B15A GR 4,572.6 (226.8) 252.5
BRP INC/CA-SUB V DOOO US 4,572.6 (226.8) 252.5
CACTUS ACQUISITI CCTSU US 0.2 (0.3) (0.3)
CALUMET SPECIALT CLMT US 1,833.9 (300.2) (273.4)
CARBON STREAMING NETZ CN - (0.5) (0.5)
CARBON STREAMING M2Q GR - (0.5) (0.5)
CARBON STREAMING OFSTFEUR EU - (0.5) (0.5)
CARBON STREAMING M2Q GZ - (0.5) (0.5)
CARBON STREAMING OFSTF US - (0.5) (0.5)
CASPER SLEEP INC CSPR US 220.0 (43.0) (23.9)
CEDAR FAIR LP FUN US 2,814.5 (682.6) 331.8
CENGAGE LEARNING CNGO US 2,804.1 (237.0) 197.1
CENTRUS ENERGY-A 4CU GZ 487.2 (229.1) 79.0
CENTRUS ENERGY-A 4CU GR 487.2 (229.1) 79.0
CENTRUS ENERGY-A LEUEUR EU 487.2 (229.1) 79.0
CENTRUS ENERGY-A 4CU TH 487.2 (229.1) 79.0
CENTRUS ENERGY-A LEU US 487.2 (229.1) 79.0
CEREVEL THERAPEU CERE US 733.5 629.1 644.2
CHOICE CONSOLIDA CDXX-U/U CN 173.8 (3.3) -
CHOICE CONSOLIDA CDXXF US 173.8 (3.3) -
CINEPLEX INC CX0 TH 2,108.8 (199.8) (351.0)
CINEPLEX INC CGXEUR EU 2,108.8 (199.8) (351.0)
CINEPLEX INC CGXN MM 2,108.8 (199.8) (351.0)
CINEPLEX INC CX0 GZ 2,108.8 (199.8) (351.0)
CINEPLEX INC CPXGF US 2,108.8 (199.8) (351.0)
CINEPLEX INC CX0 GR 2,108.8 (199.8) (351.0)
CINEPLEX INC CGX CN 2,108.8 (199.8) (351.0)
CLEAR CHANNEL OU CCO US 5,365.3 (3,287.8) 110.8
CLEARWATER AN-A CWAN US 326.6 242.4 272.9
CLINIGENCE HOLDI CLNH US 83.3 73.9 5.1
COGENT COMMUNICA OGM1 GR 1,008.7 (356.8) 337.1
COGENT COMMUNICA CCOI US 1,008.7 (356.8) 337.1
COGENT COMMUNICA CCOIEUR EU 1,008.7 (356.8) 337.1
COGENT COMMUNICA CCOI* MM 1,008.7 (356.8) 337.1
COMMUNITY HEALTH CG5 QT 15,670.0 (1,000.0) 1,087.0
COMMUNITY HEALTH CYH1EUR EU 15,670.0 (1,000.0) 1,087.0
COMMUNITY HEALTH CG5 GZ 15,670.0 (1,000.0) 1,087.0
COMMUNITY HEALTH CG5 GR 15,670.0 (1,000.0) 1,087.0
COMMUNITY HEALTH CYH US 15,670.0 (1,000.0) 1,087.0
COMMUNITY HEALTH CG5 TH 15,670.0 (1,000.0) 1,087.0
COMMUNITY HEALTH CYH1EUR EZ 15,670.0 (1,000.0) 1,087.0
CORESITE REALTY COR1EUR EU 2,167.0 (9.8) -
CORESITE REALTY 07H GZ 2,167.0 (9.8) -
CORESITE REALTY COR US 2,167.0 (9.8) -
CORESITE REALTY 07H GR 2,167.0 (9.8) -
CORESITE REALTY 07H TH 2,167.0 (9.8) -
CORVUS GOLD INC KOR US 11.6 (3.4) (9.0)
CORVUS GOLD INC KOR CN 11.6 (3.4) (9.0)
COVEO SOLUTIONS CVO CN 176.5 (981.8) 87.8
CPI CARD GROUP I PMTSEUR EU 252.3 (122.5) 86.0
CPI CARD GROUP I PMTS US 252.3 (122.5) 86.0
CPI CARD GROUP I CPB1 GR 252.3 (122.5) 86.0
CRIXUS BH3 ACQ-A BHAC US 0.3 (0.0) (0.3)
CRIXUS BH3 ACQUI BHACU US 0.3 (0.0) (0.3)
CRUCIAL INNOVATI CINV US - (0.0) (0.0)
D2L INC DTOL CN 108.1 (226.3) (27.3)
DECARBONIZATIO-A DCRD US 321.4 (57.0) 0.9
DECARBONIZATION DCRDU US 321.4 (57.0) 0.9
DEEP MEDICI-CL A DMAQ US 0.4 (0.1) 0.4
DELEK LOGISTICS DKL US 930.5 (104.8) (61.5)
DENNY'S CORP DE8 TH 411.0 (89.6) (43.5)
DENNY'S CORP DE8 GZ 411.0 (89.6) (43.5)
DENNY'S CORP DENN US 411.0 (89.6) (43.5)
DENNY'S CORP DE8 GR 411.0 (89.6) (43.5)
DENNY'S CORP DENNEUR EU 411.0 (89.6) (43.5)
DIALOGUE HEALTH CARE CN 142.0 126.1 112.3
DIEBOLD NIXDORF DBDEUR EU 3,586.9 (863.5) 361.6
DIEBOLD NIXDORF DBD GZ 3,586.9 (863.5) 361.6
DIEBOLD NIXDORF DBD GR 3,586.9 (863.5) 361.6
DIEBOLD NIXDORF DBD US 3,586.9 (863.5) 361.6
DIEBOLD NIXDORF DBD QT 3,586.9 (863.5) 361.6
DIEBOLD NIXDORF DBD TH 3,586.9 (863.5) 361.6
DIEBOLD NIXDORF DBD SW 3,586.9 (863.5) 361.6
DIEBOLD NIXDORF DBDEUR EZ 3,586.9 (863.5) 361.6
DIGITAL MEDIA-A DMS US 267.9 (46.2) 19.5
DINE BRANDS GLOB DIN US 1,922.5 (254.3) 148.7
DINE BRANDS GLOB IHP GR 1,922.5 (254.3) 148.7
DINE BRANDS GLOB IHP TH 1,922.5 (254.3) 148.7
DINE BRANDS GLOB IHP GZ 1,922.5 (254.3) 148.7
DMY TECHNOLOGY G DMYS US 0.5 (0.1) (0.5)
DMY TECHNOLOGY G DMYS/U US 0.5 (0.1) (0.5)
DOMINO'S P - BDR D2PZ34 BZ 1,764.4 (4,127.5) 429.6
DOMINO'S PIZZA DPZEUR EU 1,764.4 (4,127.5) 429.6
DOMINO'S PIZZA DPZ AV 1,764.4 (4,127.5) 429.6
DOMINO'S PIZZA DPZ* MM 1,764.4 (4,127.5) 429.6
DOMINO'S PIZZA DPZ-RM RM 1,764.4 (4,127.5) 429.6
DOMINO'S PIZZA EZV TH 1,764.4 (4,127.5) 429.6
DOMINO'S PIZZA EZV GR 1,764.4 (4,127.5) 429.6
DOMINO'S PIZZA DPZ US 1,764.4 (4,127.5) 429.6
DOMINO'S PIZZA EZV QT 1,764.4 (4,127.5) 429.6
DOMINO'S PIZZA EZV GZ 1,764.4 (4,127.5) 429.6
DOMINO'S PIZZA DPZEUR EZ 1,764.4 (4,127.5) 429.6
DOMO INC- CL B DOMO US 211.1 (112.6) (46.2)
DOMO INC- CL B 1ON GR 211.1 (112.6) (46.2)
DOMO INC- CL B 1ON GZ 211.1 (112.6) (46.2)
DOMO INC- CL B DOMOEUR EU 211.1 (112.6) (46.2)
DOMO INC- CL B 1ON TH 211.1 (112.6) (46.2)
DROPBOX INC-A DBX US 3,339.1 (162.6) 881.2
DROPBOX INC-A 1Q5 GR 3,339.1 (162.6) 881.2
DROPBOX INC-A 1Q5 SW 3,339.1 (162.6) 881.2
DROPBOX INC-A 1Q5 TH 3,339.1 (162.6) 881.2
DROPBOX INC-A 1Q5 QT 3,339.1 (162.6) 881.2
DROPBOX INC-A DBXEUR EU 3,339.1 (162.6) 881.2
DROPBOX INC-A DBX* MM 3,339.1 (162.6) 881.2
DROPBOX INC-A 1Q5 GZ 3,339.1 (162.6) 881.2
DROPBOX INC-A DBX-RM RM 3,339.1 (162.6) 881.2
DROPBOX INC-A DBX AV 3,339.1 (162.6) 881.2
DROPBOX INC-A DBXEUR EZ 3,339.1 (162.6) 881.2
EAST RESOURCES A ERESU US 345.3 (40.5) (40.5)
EAST RESOURCES-A ERES US 345.3 (40.5) (40.5)
EFFECTOR THERAPE EFTR US 59.9 (7.7) 12.6
EFFECTOR THERAPE LWK1 TH 59.9 (7.7) 12.6
EFFECTOR THERAPE EFTREUR EU 59.9 (7.7) 12.6
EFFECTOR THERAPE LWK1 GR 59.9 (7.7) 12.6
ESPERION THERAPE 0ET GZ 225.3 (362.7) 92.2
ESPERION THERAPE 0ET GR 225.3 (362.7) 92.2
ESPERION THERAPE 0ET TH 225.3 (362.7) 92.2
ESPERION THERAPE ESPREUR EU 225.3 (362.7) 92.2
ESPERION THERAPE 0ET QT 225.3 (362.7) 92.2
ESPERION THERAPE 0ET SW 225.3 (362.7) 92.2
ESPERION THERAPE ESPREUR EZ 225.3 (362.7) 92.2
ESPERION THERAPE ESPR US 225.3 (362.7) 92.2
EXCELFIN ACQUI-A XFIN US 0.4 (0.2) (0.6)
EXCELFIN ACQUISI XFINU US 0.4 (0.2) (0.6)
EXPRESS INC EXPR US 1,324.1 (8.2) (112.7)
F45 TRAINING HOL FXLV US 166.6 110.9 59.9
F45 TRAINING HOL FXLVEUR EU 166.6 110.9 59.9
F45 TRAINING HOL 4OP GR 166.6 110.9 59.9
F45 TRAINING HOL 4OP TH 166.6 110.9 59.9
F45 TRAINING HOL 4OP GZ 166.6 110.9 59.9
F45 TRAINING HOL 4OP QT 166.6 110.9 59.9
FAIR ISAAC CORP FRI QT 1,567.8 (110.9) (8.2)
FAIR ISAAC CORP FICO US 1,567.8 (110.9) (8.2)
FAIR ISAAC CORP FRI GR 1,567.8 (110.9) (8.2)
FAIR ISAAC CORP FICOEUR EU 1,567.8 (110.9) (8.2)
FAIR ISAAC CORP FRI GZ 1,567.8 (110.9) (8.2)
FAIR ISAAC CORP FICO1* MM 1,567.8 (110.9) (8.2)
FAIR ISAAC CORP FICOEUR EZ 1,567.8 (110.9) (8.2)
FARADAY FUTURE I FFIE US 229.9 (9.4) (2.4)
FERRELLGAS PAR-B FGPRB US 1,776.6 (196.4) 262.4
FERRELLGAS-LP FGPR US 1,776.6 (196.4) 262.4
FLUENCE ENERGY I FLNC US 717.7 (56.2) (110.0)
FOREST ROAD AC-A FRXB US 351.3 (26.2) 0.9
FOREST ROAD ACQ FRXB/U US 351.3 (26.2) 0.9
GAMES & ESPORTS GEEXU US 0.6 (0.0) (0.5)
GLOBAL CLEAN ENE GCEH US 352.9 (53.4) (50.1)
GLOBAL SPAC -SUB GLSPT US 169.8 (11.0) (5.4)
GLOBAL SPAC PART GLSPU US 169.8 (11.0) (5.4)
GLOBAL TECHNOL-A GTAC US 1.3 (0.1) (0.6)
GLOBAL TECHNOLOG GTACU US 1.3 (0.1) (0.6)
GODADDY INC -BDR G2DD34 BZ 7,298.0 (101.1) (715.5)
GODADDY INC-A GDDY* MM 7,298.0 (101.1) (715.5)
GODADDY INC-A 38D GZ 7,298.0 (101.1) (715.5)
GODADDY INC-A GDDY US 7,298.0 (101.1) (715.5)
GODADDY INC-A 38D GR 7,298.0 (101.1) (715.5)
GODADDY INC-A 38D QT 7,298.0 (101.1) (715.5)
GODADDY INC-A 38D TH 7,298.0 (101.1) (715.5)
GODADDY INC-A GDDYEUR EZ 7,298.0 (101.1) (715.5)
GOGO INC GOGOEUR EU 443.2 (560.2) 20.1
GOGO INC G0G GZ 443.2 (560.2) 20.1
GOGO INC GOGO US 443.2 (560.2) 20.1
GOGO INC G0G QT 443.2 (560.2) 20.1
GOGO INC G0G TH 443.2 (560.2) 20.1
GOGO INC GOGOEUR EZ 443.2 (560.2) 20.1
GOGO INC G0G GR 443.2 (560.2) 20.1
GOGREEN INVESTME GOGN/U US 0.3 (0.1) (0.3)
GOGREEN INVESTME GOGN US 0.3 (0.1) (0.3)
GOLDEN NUGGET ON GNOG US 289.0 (45.4) 106.9
GOLDEN NUGGET ON LCA2EUR EU 289.0 (45.4) 106.9
GOLDEN NUGGET ON 5ZU TH 289.0 (45.4) 106.9
GOODRICH PETROLE GDP US 266.0 (10.9) (106.0)
GOODRICH PETROLE 45J GR 266.0 (10.9) (106.0)
GOODRICH PETROLE GDP1EUR EU 266.0 (10.9) (106.0)
GOOSEHEAD INSU-A 2OX TH 247.1 (75.7) 16.8
GOOSEHEAD INSU-A 2OX QT 247.1 (75.7) 16.8
GOOSEHEAD INSU-A GSHD US 247.1 (75.7) 16.8
GOOSEHEAD INSU-A 2OX GR 247.1 (75.7) 16.8
GOOSEHEAD INSU-A GSHDEUR EU 247.1 (75.7) 16.8
GORES HOLD VII-A GSEV US 551.9 515.7 (15.0)
GORES HOLDINGS V GSEVU US 551.9 515.7 (15.0)
GORES TECH-B GTPB US 461.7 425.9 (18.1)
GORES TECHNOLOGY GTPBU US 461.7 425.9 (18.1)
GRAFTECH INTERNA EAF US 1,393.1 (110.7) 359.1
GRAFTECH INTERNA EAF* MM 1,393.1 (110.7) 359.1
GRAFTECH INTERNA G6G TH 1,393.1 (110.7) 359.1
GRAFTECH INTERNA EAFEUR EU 1,393.1 (110.7) 359.1
GRAFTECH INTERNA G6G GR 1,393.1 (110.7) 359.1
GRAFTECH INTERNA G6G QT 1,393.1 (110.7) 359.1
GRAFTECH INTERNA EAFEUR EZ 1,393.1 (110.7) 359.1
GRAFTECH INTERNA G6G GZ 1,393.1 (110.7) 359.1
GRAPHITE BIO INC GRPH US 416.2 400.1 390.0
GREEN VISOR FINA GVCIU US 0.7 (0.1) (0.8)
GREENSKY INC-A GSKY US 1,405.0 (74.5) 668.4
GULFPORT ENERGY GPOR US 2,088.2 49.0 (836.2)
GULFPORT ENERGY G2U0 GR 2,088.2 49.0 (836.2)
HAGERTY INC-A HGTY US 117.4 102.3 1.1
HELO CORP HLOC US 1.6 (0.3) (0.3)
HERBALIFE NUTRIT HOO GZ 2,853.0 (1,333.4) 488.4
HERBALIFE NUTRIT HLF US 2,853.0 (1,333.4) 488.4
HERBALIFE NUTRIT HOO GR 2,853.0 (1,333.4) 488.4
HERBALIFE NUTRIT HLFEUR EU 2,853.0 (1,333.4) 488.4
HERBALIFE NUTRIT HOO QT 2,853.0 (1,333.4) 488.4
HERBALIFE NUTRIT HOO TH 2,853.0 (1,333.4) 488.4
HERBALIFE NUTRIT HLFEUR EZ 2,853.0 (1,333.4) 488.4
HEWLETT-CEDEAR HPQD AR 38,610.0 (1,650.0) (6,926.0)
HEWLETT-CEDEAR HPQC AR 38,610.0 (1,650.0) (6,926.0)
HEWLETT-CEDEAR HPQ AR 38,610.0 (1,650.0) (6,926.0)
HILTON WORLD-BDR H1LT34 BZ 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HLT* MM 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HI91 TE 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HLTEUR EU 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HI91 GZ 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HLT-RM RM 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HI91 TH 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HI91 GR 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HI91 QT 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HLT US 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HLTEUR EZ 15,314.0 (1,128.0) 72.0
HILTON WORLDWIDE HLTW AV 15,314.0 (1,128.0) 72.0
HORIZON GLOBAL 2H6 GZ 468.3 (25.9) 115.3
HORIZON GLOBAL HZN US 468.3 (25.9) 115.3
HORIZON GLOBAL 2H6 GR 468.3 (25.9) 115.3
HORIZON GLOBAL HZN1EUR EU 468.3 (25.9) 115.3
HP COMPANY-BDR HPQB34 BZ 38,610.0 (1,650.0) (6,926.0)
HP INC HPQEUR EU 38,610.0 (1,650.0) (6,926.0)
HP INC 7HP GZ 38,610.0 (1,650.0) (6,926.0)
HP INC HPQ AV 38,610.0 (1,650.0) (6,926.0)
HP INC HPQUSD SW 38,610.0 (1,650.0) (6,926.0)
HP INC HPQ-RM RM 38,610.0 (1,650.0) (6,926.0)
HP INC HPQ TE 38,610.0 (1,650.0) (6,926.0)
HP INC HPQ US 38,610.0 (1,650.0) (6,926.0)
HP INC 7HP TH 38,610.0 (1,650.0) (6,926.0)
HP INC 7HP GR 38,610.0 (1,650.0) (6,926.0)
HP INC HPQ* MM 38,610.0 (1,650.0) (6,926.0)
HP INC HPQ SW 38,610.0 (1,650.0) (6,926.0)
HP INC 7HP QT 38,610.0 (1,650.0) (6,926.0)
HP INC HPQEUR EZ 38,610.0 (1,650.0) (6,926.0)
HP INC HPQ CI 38,610.0 (1,650.0) (6,926.0)
HPX CORP HPX/U US 253.9 (21.3) 0.4
HPX CORP HPX US 253.9 (21.3) 0.4
HUMANIGEN INC HGENEUR EU 77.9 (17.6) 9.1
HUMANIGEN INC HGEN US 77.9 (17.6) 9.1
HUMANIGEN INC 0KB2 TH 77.9 (17.6) 9.1
HUMANIGEN INC 0KB2 QT 77.9 (17.6) 9.1
HUMANIGEN INC 0KB2 GZ 77.9 (17.6) 9.1
HUMANIGEN INC 0KB2 GR 77.9 (17.6) 9.1
IMMUNITYBIO INC 26CA TH 214.4 (189.9) 29.0
IMMUNITYBIO INC 26CA QT 214.4 (189.9) 29.0
IMMUNITYBIO INC IBRX US 214.4 (189.9) 29.0
IMMUNITYBIO INC 26CA GR 214.4 (189.9) 29.0
IMMUNITYBIO INC NK1EUR EU 214.4 (189.9) 29.0
IMMUNITYBIO INC 26CA GZ 214.4 (189.9) 29.0
IMMUNITYBIO INC NK1EUR EZ 214.4 (189.9) 29.0
INFINITE ACQUISI NFNT/U US 0.4 (0.1) (0.5)
INSEEGO CORP INO GZ 220.5 (15.3) 61.2
INSEEGO CORP INSG US 220.5 (15.3) 61.2
INSEEGO CORP INSGEUR EU 220.5 (15.3) 61.2
INSEEGO CORP INO GR 220.5 (15.3) 61.2
INSEEGO CORP INO TH 220.5 (15.3) 61.2
INSEEGO CORP INO QT 220.5 (15.3) 61.2
INSEEGO CORP INSGEUR EZ 220.5 (15.3) 61.2
INSPIRED ENTERTA INSE US 303.8 (120.9) 14.7
INSPIRED ENTERTA 4U8 GR 303.8 (120.9) 14.7
INSPIRED ENTERTA INSEEUR EU 303.8 (120.9) 14.7
INSTADOSE PHARMA INSD US - (0.1) (0.1)
INTAPP INC INTA US 448.0 265.4 (56.6)
INTERCEPT PHARMA ICPT US 523.1 (156.0) 352.5
INTERCEPT PHARMA I4P GR 523.1 (156.0) 352.5
INTERCEPT PHARMA I4P GZ 523.1 (156.0) 352.5
INTERCEPT PHARMA I4P TH 523.1 (156.0) 352.5
INTERCEPT PHARMA ICPT* MM 523.1 (156.0) 352.5
J. JILL INC JILL US 466.2 (48.9) (20.2)
J. JILL INC JILLEUR EU 466.2 (48.9) (20.2)
J. JILL INC 1MJ1 GR 466.2 (48.9) (20.2)
J. JILL INC 1MJ1 GZ 466.2 (48.9) (20.2)
JACK IN THE BOX JBX GZ 1,750.1 (817.9) (160.1)
JACK IN THE BOX JBX QT 1,750.1 (817.9) (160.1)
JACK IN THE BOX JACK US 1,750.1 (817.9) (160.1)
JACK IN THE BOX JBX GR 1,750.1 (817.9) (160.1)
JACK IN THE BOX JACK1EUR EU 1,750.1 (817.9) (160.1)
JACK IN THE BOX JACK1EUR EZ 1,750.1 (817.9) (160.1)
JUNIPER II COR-A JUN US 12.5 (0.0) (0.4)
JUNIPER II CORP JUN/U US 12.5 (0.0) (0.4)
KARYOPHARM THERA 25K GR 254.1 (126.0) 172.7
KARYOPHARM THERA KPTIEUR EU 254.1 (126.0) 172.7
KARYOPHARM THERA KPTI US 254.1 (126.0) 172.7
KARYOPHARM THERA 25K QT 254.1 (126.0) 172.7
KARYOPHARM THERA 25K TH 254.1 (126.0) 172.7
KARYOPHARM THERA 25K SW 254.1 (126.0) 172.7
KARYOPHARM THERA 25K GZ 254.1 (126.0) 172.7
KL ACQUISI-CLS A KLAQ US 288.6 267.7 0.7
KL ACQUISITION C KLAQU US 288.6 267.7 0.7
KNOWBE4 INC-A KNBE US 463.9 172.1 137.2
L BRANDS INC-BDR B1BW34 BZ 6,031.0 (1,675.0) 1,550.0
LDH GROWTH C-A LDHA US 232.6 216.7 2.1
LDH GROWTH CORP LDHAU US 232.6 216.7 2.1
LEGALZOOMCOM INC 1LZ GR 434.5 191.0 100.2
LEGALZOOMCOM INC LZEUR EU 434.5 191.0 100.2
LEGALZOOMCOM INC 1LZ GZ 434.5 191.0 100.2
LEGALZOOMCOM INC 1LZ TH 434.5 191.0 100.2
LEGALZOOMCOM INC 1LZ QT 434.5 191.0 100.2
LEGALZOOMCOM INC LZ US 434.5 191.0 100.2
LENNOX INTL INC LXI TH 2,123.5 (334.8) 84.5
LENNOX INTL INC LII1EUR EU 2,123.5 (334.8) 84.5
LENNOX INTL INC LXI GR 2,123.5 (334.8) 84.5
LENNOX INTL INC LII US 2,123.5 (334.8) 84.5
LENNOX INTL INC LII* MM 2,123.5 (334.8) 84.5
LESLIE'S INC LESL US 1,043.8 (217.6) 292.0
LESLIE'S INC LE3 GR 1,043.8 (217.6) 292.0
LESLIE'S INC LESLEUR EU 1,043.8 (217.6) 292.0
LESLIE'S INC LE3 TH 1,043.8 (217.6) 292.0
LESLIE'S INC LE3 QT 1,043.8 (217.6) 292.0
LI-METAL CORP 5ZO GR 0.0 (1.9) (1.9)
LI-METAL CORP LIMEUR EU 0.0 (1.9) (1.9)
LI-METAL CORP 5ZO TH 0.0 (1.9) (1.9)
LI-METAL CORP 5ZO QT 0.0 (1.9) (1.9)
LI-METAL CORP LIM CN 0.0 (1.9) (1.9)
LIFESPEAK INC LSPK CN 83.9 54.0 67.5
LION ELECTRIC CO LEV US - - -
LION ELECTRIC CO LEV CN - - -
LION ELECTRIC CO LEVEUR EU - - -
LION ELECTRIC CO 70U TH - - -
LION ELECTRIC CO 70U QT - - -
LION ELECTRIC CO 70U GR - - -
LOWE'S COS INC LWE GZ 49,400.0 (1,576.0) 4,015.0
LOWE'S COS INC LOW* MM 49,400.0 (1,576.0) 4,015.0
LOWE'S COS INC LWE TE 49,400.0 (1,576.0) 4,015.0
LOWE'S COS INC LOW-RM RM 49,400.0 (1,576.0) 4,015.0
LOWE'S COS INC LWE GR 49,400.0 (1,576.0) 4,015.0
LOWE'S COS INC LOW US 49,400.0 (1,576.0) 4,015.0
LOWE'S COS INC LWE TH 49,400.0 (1,576.0) 4,015.0
LOWE'S COS INC LOWEUR EU 49,400.0 (1,576.0) 4,015.0
LOWE'S COS INC LWE QT 49,400.0 (1,576.0) 4,015.0
LOWE'S COS INC LOWE AV 49,400.0 (1,576.0) 4,015.0
LOWE'S COS INC LOWEUR EZ 49,400.0 (1,576.0) 4,015.0
LOWE'S COS-BDR LOWC34 BZ 49,400.0 (1,576.0) 4,015.0
MADISON SQUARE G MS8 TH 1,327.9 (232.2) (263.8)
MADISON SQUARE G MS8 QT 1,327.9 (232.2) (263.8)
MADISON SQUARE G MS8 GZ 1,327.9 (232.2) (263.8)
MADISON SQUARE G MSGS US 1,327.9 (232.2) (263.8)
MADISON SQUARE G MS8 GR 1,327.9 (232.2) (263.8)
MADISON SQUARE G MSG1EUR EU 1,327.9 (232.2) (263.8)
MAGNET FORENSICS MAGT CN 148.9 86.7 82.3
MAGNET FORENSICS 91T GR 148.9 86.7 82.3
MAGNET FORENSICS MAGTEUR EU 148.9 86.7 82.3
MAGNET FORENSICS MAGTF US 148.9 86.7 82.3
MANNKIND CORP NNFN GZ 238.2 (184.7) 109.2
MANNKIND CORP NNFN TH 238.2 (184.7) 109.2
MANNKIND CORP MNKD US 238.2 (184.7) 109.2
MANNKIND CORP NNFN GR 238.2 (184.7) 109.2
MANNKIND CORP MNKDEUR EU 238.2 (184.7) 109.2
MANNKIND CORP NNFN QT 238.2 (184.7) 109.2
MANNKIND CORP MNKDEUR EZ 238.2 (184.7) 109.2
MARKETWISE INC MKTW US 403.4 (441.9) (198.5)
MASON INDUS-CL A MIT US 502.3 (33.8) 1.7
MASON INDUSTRIAL MIT/U US 502.3 (33.8) 1.7
MATCH GROUP -BDR M1TC34 BZ 4,893.6 (59.5) 304.1
MATCH GROUP INC 4MGN GZ 4,893.6 (59.5) 304.1
MATCH GROUP INC MTCH US 4,893.6 (59.5) 304.1
MATCH GROUP INC MTCH1* MM 4,893.6 (59.5) 304.1
MATCH GROUP INC 4MGN TH 4,893.6 (59.5) 304.1
MATCH GROUP INC 4MGN QT 4,893.6 (59.5) 304.1
MATCH GROUP INC 4MGN GR 4,893.6 (59.5) 304.1
MATCH GROUP INC MTC2 AV 4,893.6 (59.5) 304.1
MBIA INC MBI1EUR EU 4,816.0 (157.0) -
MBIA INC MBJ GZ 4,816.0 (157.0) -
MBIA INC MBJ TH 4,816.0 (157.0) -
MBIA INC MBI US 4,816.0 (157.0) -
MBIA INC MBJ GR 4,816.0 (157.0) -
MBIA INC MBJ QT 4,816.0 (157.0) -
MCAFEE CORP - A MCFE US 3,484.0 (1,765.0) (398.0)
MCAFEE CORP - A MC7 GR 3,484.0 (1,765.0) (398.0)
MCAFEE CORP - A MCFEEUR EU 3,484.0 (1,765.0) (398.0)
MCAFEE CORP - A MC7 TH 3,484.0 (1,765.0) (398.0)
MCDONALD'S CORP TCXMCD AU 52,727.0 (5,675.0) 1,700.3
MCDONALDS - BDR MCDC34 BZ 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCDEUR EU 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MDO GZ 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCD AV 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCDUSD SW 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCD-RM RM 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCDCL CI 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCD US 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCD SW 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MDO GR 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCD* MM 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCD TE 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MDO TH 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MDO QT 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCDEUR EZ 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP 0R16 LN 52,727.0 (5,675.0) 1,700.3
MCDONALDS CORP MCD CI 52,727.0 (5,675.0) 1,700.3
MCDONALDS-CEDEAR MCD AR 52,727.0 (5,675.0) 1,700.3
MCDONALDS-CEDEAR MCDC AR 52,727.0 (5,675.0) 1,700.3
MCDONALDS-CEDEAR MCDD AR 52,727.0 (5,675.0) 1,700.3
MCKESSON CORP MCK GZ 63,601.0 (87.0) (495.0)
MCKESSON CORP MCK-RM RM 63,601.0 (87.0) (495.0)
MCKESSON CORP MCK US 63,601.0 (87.0) (495.0)
MCKESSON CORP MCK* MM 63,601.0 (87.0) (495.0)
MCKESSON CORP MCK GR 63,601.0 (87.0) (495.0)
MCKESSON CORP MCK TH 63,601.0 (87.0) (495.0)
MCKESSON CORP MCK1EUR EU 63,601.0 (87.0) (495.0)
MCKESSON CORP MCK QT 63,601.0 (87.0) (495.0)
MCKESSON CORP MCK1EUR EZ 63,601.0 (87.0) (495.0)
MCKESSON-BDR M1CK34 BZ 63,601.0 (87.0) (495.0)
MEDIAALPHA INC-A MAX US 245.5 (72.9) 46.6
MELI KASZEK PI-A MEKA US 10.7 (55.9) (6.6)
METAMATERIAL EXC MMAX CN 15.0 (1.6) 2.6
MEWCOURT ACQUISI NCACU US 0.2 (0.1) (0.3)
MINORITY EQUAL-A MEOA US 129.5 (18.8) 0.8
MINORITY EQUALIT MEOAU US 129.5 (18.8) 0.8
MONEYGRAM INTERN 9M1N TH 4,483.9 (185.9) 18.3
MONEYGRAM INTERN MGIEUR EU 4,483.9 (185.9) 18.3
MONEYGRAM INTERN MGI US 4,483.9 (185.9) 18.3
MONEYGRAM INTERN 9M1N GR 4,483.9 (185.9) 18.3
MONEYGRAM INTERN 9M1N QT 4,483.9 (185.9) 18.3
MONEYGRAM INTERN MGIEUR EZ 4,483.9 (185.9) 18.3
MOTOROLA SOL-BDR M1SI34 BZ 11,422.0 (248.0) 1,306.0
MOTOROLA SOL-CED MSI AR 11,422.0 (248.0) 1,306.0
MOTOROLA SOLUTIO MSI1EUR EU 11,422.0 (248.0) 1,306.0
MOTOROLA SOLUTIO MTLA GZ 11,422.0 (248.0) 1,306.0
MOTOROLA SOLUTIO MSI-RM RM 11,422.0 (248.0) 1,306.0
MOTOROLA SOLUTIO MTLA GR 11,422.0 (248.0) 1,306.0
MOTOROLA SOLUTIO MOT TE 11,422.0 (248.0) 1,306.0
MOTOROLA SOLUTIO MSI US 11,422.0 (248.0) 1,306.0
MOTOROLA SOLUTIO MTLA TH 11,422.0 (248.0) 1,306.0
MOTOROLA SOLUTIO MTLA QT 11,422.0 (248.0) 1,306.0
MOTOROLA SOLUTIO MSI1EUR EZ 11,422.0 (248.0) 1,306.0
MOTOROLA SOLUTIO MOSI AV 11,422.0 (248.0) 1,306.0
MSCI INC 3HM QT 5,142.7 (280.0) 830.4
MSCI INC MSCI* MM 5,142.7 (280.0) 830.4
MSCI INC 3HM TH 5,142.7 (280.0) 830.4
MSCI INC MSCI PE 5,142.7 (280.0) 830.4
MSCI INC MSCI AV 5,142.7 (280.0) 830.4
MSCI INC MSCI-RM RM 5,142.7 (280.0) 830.4
MSCI INC MSCI US 5,142.7 (280.0) 830.4
MSCI INC 3HM GR 5,142.7 (280.0) 830.4
MSCI INC 3HM GZ 5,142.7 (280.0) 830.4
MSCI INC MSCIEUR EZ 5,142.7 (280.0) 830.4
MSCI INC-BDR M1SC34 BZ 5,142.7 (280.0) 830.4
MUDRICK CAP ACQ MUDSU US 321.3 (33.8) (4.7)
MUDRICK CAPITA-A MUDS US 321.3 (33.8) (4.7)
NATHANS FAMOUS NATHEUR EU 116.5 (56.0) 87.3
NATHANS FAMOUS NATH US 116.5 (56.0) 87.3
NATHANS FAMOUS NFA GR 116.5 (56.0) 87.3
NEIGHBOURLY PHAR NBLY CN 514.2 318.1 84.8
NEW ENG RLTY-LP NEN US 288.9 (44.8) -
NEWCOURT ACQ-A NCAC US 0.2 (0.1) (0.3)
NOBLE CORP NE US 2,094.8 1,366.7 179.4
NOBLE CORP 85V0 GR 2,094.8 1,366.7 179.4
NOBLE CORP 85V0 QT 2,094.8 1,366.7 179.4
NOBLE CORP NE1EUR EZ 2,094.8 1,366.7 179.4
NOBLE CORP NE1EUR EU 2,094.8 1,366.7 179.4
NOBLE ROCK ACQ-A NRAC US 243.1 224.7 1.3
NOBLE ROCK ACQUI NRACU US 243.1 224.7 1.3
NORTHERN OIL AND NOG1EUR EU 1,244.1 (157.7) (187.6)
NORTHERN OIL AND 4LT1 TH 1,244.1 (157.7) (187.6)
NORTHERN OIL AND 4LT1 GZ 1,244.1 (157.7) (187.6)
NORTHERN OIL AND NOG US 1,244.1 (157.7) (187.6)
NORTHERN OIL AND 4LT1 GR 1,244.1 (157.7) (187.6)
NORTONLIFEL- BDR S1YM34 BZ 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I SYM GZ 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I SYMCEUR EU 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I SYMC AV 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I NLOK* MM 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I NLOK-RM RM 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I SYM TH 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I SYM GR 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I SYMC TE 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I SYM QT 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I NLOK US 6,733.0 (232.0) (864.0)
NORTONLIFELOCK I SYMCEUR EZ 6,733.0 (232.0) (864.0)
NUTANIX INC - A 0NU GZ 2,254.6 (698.7) 647.6
NUTANIX INC - A 0NU GR 2,254.6 (698.7) 647.6
NUTANIX INC - A NTNXEUR EU 2,254.6 (698.7) 647.6
NUTANIX INC - A 0NU TH 2,254.6 (698.7) 647.6
NUTANIX INC - A 0NU QT 2,254.6 (698.7) 647.6
NUTANIX INC - A NTNX US 2,254.6 (698.7) 647.6
NUTANIX INC - A NTNXEUR EZ 2,254.6 (698.7) 647.6
NUVVE HOLDING CO NVVE US 98.8 91.7 43.9
O'REILLY AUT-BDR ORLY34 BZ 11,789.4 (140.9) (1,427.5)
O'REILLY AUTOMOT ORLYEUR EU 11,789.4 (140.9) (1,427.5)
O'REILLY AUTOMOT OM6 GZ 11,789.4 (140.9) (1,427.5)
O'REILLY AUTOMOT ORLY AV 11,789.4 (140.9) (1,427.5)
O'REILLY AUTOMOT ORLY-RM RM 11,789.4 (140.9) (1,427.5)
O'REILLY AUTOMOT OM6 TH 11,789.4 (140.9) (1,427.5)
O'REILLY AUTOMOT OM6 QT 11,789.4 (140.9) (1,427.5)
O'REILLY AUTOMOT ORLY* MM 11,789.4 (140.9) (1,427.5)
O'REILLY AUTOMOT OM6 GR 11,789.4 (140.9) (1,427.5)
O'REILLY AUTOMOT ORLY US 11,789.4 (140.9) (1,427.5)
O'REILLY AUTOMOT ORLYEUR EZ 11,789.4 (140.9) (1,427.5)
OMEROS CORP 3O8 GZ 123.4 (262.7) 48.5
OMEROS CORP OMER US 123.4 (262.7) 48.5
OMEROS CORP 3O8 GR 123.4 (262.7) 48.5
OMEROS CORP 3O8 TH 123.4 (262.7) 48.5
OMEROS CORP OMEREUR EU 123.4 (262.7) 48.5
OMEROS CORP 3O8 QT 123.4 (262.7) 48.5
OPTIVA INC OPT CN 95.5 (34.3) 27.5
OPY ACQUISIT-A OHAA US 0.2 (0.0) (0.2)
OPY ACQUISITION OHAAU US 0.2 (0.0) (0.2)
ORACLE BDR ORCL34 BZ 106,897.0 (9,658.0) 12,197.0
ORACLE CO-CEDEAR ORCLD AR 106,897.0 (9,658.0) 12,197.0
ORACLE CO-CEDEAR ORCLC AR 106,897.0 (9,658.0) 12,197.0
ORACLE CO-CEDEAR ORCL AR 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORC GZ 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCLUSD SW 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCLCL CI 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCL-RM RM 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORC TH 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCL TE 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCL* MM 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCL US 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORC GR 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCL SW 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCLEUR EU 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORC QT 106,897.0 (9,658.0) 12,197.0
ORACLE CORP 0R1Z LN 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCL AV 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCLEUR EZ 106,897.0 (9,658.0) 12,197.0
ORACLE CORP ORCL CI 106,897.0 (9,658.0) 12,197.0
ORGANON & CO OGN US 11,335.0 (1,618.0) 1,200.0
ORGANON & CO 7XP TH 11,335.0 (1,618.0) 1,200.0
ORGANON & CO OGN-WEUR EU 11,335.0 (1,618.0) 1,200.0
ORGANON & CO 7XP GR 11,335.0 (1,618.0) 1,200.0
ORGANON & CO OGN* MM 11,335.0 (1,618.0) 1,200.0
ORGANON & CO 7XP GZ 11,335.0 (1,618.0) 1,200.0
ORGANON & CO 7XP QT 11,335.0 (1,618.0) 1,200.0
ORGANON & CO OGN-RM RM 11,335.0 (1,618.0) 1,200.0
OTIS WORLDWI OTIS AV 10,472.0 (3,233.0) 12.0
OTIS WORLDWI OTIS-RM RM 10,472.0 (3,233.0) 12.0
OTIS WORLDWI OTIS US 10,472.0 (3,233.0) 12.0
OTIS WORLDWI 4PG GR 10,472.0 (3,233.0) 12.0
OTIS WORLDWI OTIS* MM 10,472.0 (3,233.0) 12.0
OTIS WORLDWI OTISEUR EU 10,472.0 (3,233.0) 12.0
OTIS WORLDWI 4PG GZ 10,472.0 (3,233.0) 12.0
OTIS WORLDWI OTISEUR EZ 10,472.0 (3,233.0) 12.0
OTIS WORLDWI 4PG TH 10,472.0 (3,233.0) 12.0
OTIS WORLDWI 4PG QT 10,472.0 (3,233.0) 12.0
OTIS WORLDWI-BDR O1TI34 BZ 10,472.0 (3,233.0) 12.0
PANAMERA HOLDING PHCI US 0.0 (0.1) (0.1)
PAPA JOHN'S INTL PZZAEUR EU 890.0 (129.5) (46.4)
PAPA JOHN'S INTL PP1 GZ 890.0 (129.5) (46.4)
PAPA JOHN'S INTL PP1 TH 890.0 (129.5) (46.4)
PAPA JOHN'S INTL PP1 QT 890.0 (129.5) (46.4)
PAPA JOHN'S INTL PZZAEUR EZ 890.0 (129.5) (46.4)
PAPA JOHN'S INTL PZZA US 890.0 (129.5) (46.4)
PAPA JOHN'S INTL PP1 GR 890.0 (129.5) (46.4)
PARATEK PHARMACE N4CN GZ 182.3 (105.0) 123.9
PARATEK PHARMACE PRTK US 182.3 (105.0) 123.9
PARATEK PHARMACE N4CN GR 182.3 (105.0) 123.9
PARATEK PHARMACE N4CN TH 182.3 (105.0) 123.9
PEPPERLIME HEA-A PEPL US 4.8 (0.0) (0.6)
PEPPERLIME HEALT PEPLU US 4.8 (0.0) (0.6)
PET VALU HOLDING PET CN 542.1 (152.2) 19.5
PHILIP MORRI-BDR PHMO34 BZ 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN 0M8V LN 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PM* MM 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN 4I1 GZ 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PMIZ TQ 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PM-RM RM 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN 4I1 GR 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PM US 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PM1CHF EU 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PM1 TE 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN 4I1 TH 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PM1EUR EU 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PMI SW 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN 4I1 QT 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PMIZ IX 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PMIZ EB 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PMOR AV 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PM1CHF EZ 41,589.0 (8,632.0) (31.0)
PHILIP MORRIS IN PM1EUR EZ 41,589.0 (8,632.0) (31.0)
PLANET FITNESS I P2LN34 BZ 1,949.7 (658.4) 468.9
PLANET FITNESS-A 3PL QT 1,949.7 (658.4) 468.9
PLANET FITNESS-A PLNT1EUR EU 1,949.7 (658.4) 468.9
PLANET FITNESS-A 3PL GZ 1,949.7 (658.4) 468.9
PLANET FITNESS-A PLNT US 1,949.7 (658.4) 468.9
PLANET FITNESS-A 3PL TH 1,949.7 (658.4) 468.9
PLANET FITNESS-A 3PL GR 1,949.7 (658.4) 468.9
PLANET FITNESS-A PLNT1EUR EZ 1,949.7 (658.4) 468.9
POTBELLY CORP PBPB US 256.8 (0.3) (44.6)
PROJECT ENERGY R PEGRU US 0.7 (0.0) (0.7)
PROJECT ENERGY R PEGR US 0.7 (0.0) (0.7)
QUANTUM CORP QTM1EUR EU 198.5 (116.0) (2.3)
QUANTUM CORP QNT2 GR 198.5 (116.0) (2.3)
QUANTUM CORP QNT2 TH 198.5 (116.0) (2.3)
QUANTUM CORP QMCO US 198.5 (116.0) (2.3)
RADIUS HEALTH IN 1R8 TH 186.2 (242.5) 87.4
RADIUS HEALTH IN 1R8 QT 186.2 (242.5) 87.4
RADIUS HEALTH IN RDUSEUR EU 186.2 (242.5) 87.4
RADIUS HEALTH IN RDUS US 186.2 (242.5) 87.4
RADIUS HEALTH IN 1R8 GR 186.2 (242.5) 87.4
RADIUS HEALTH IN RDUSEUR EZ 186.2 (242.5) 87.4
RAPID7 INC RPDEUR EU 1,260.9 (105.0) 17.4
RAPID7 INC R7D TH 1,260.9 (105.0) 17.4
RAPID7 INC RPD* MM 1,260.9 (105.0) 17.4
RAPID7 INC R7D GZ 1,260.9 (105.0) 17.4
RAPID7 INC R7D QT 1,260.9 (105.0) 17.4
RAPID7 INC RPD US 1,260.9 (105.0) 17.4
RAPID7 INC R7D GR 1,260.9 (105.0) 17.4
RAPID7 INC R7D SW 1,260.9 (105.0) 17.4
RCF ACQUISIT-A RCFA US 0.4 (0.0) (0.4)
RCF ACQUISITION RCFA/U US 0.4 (0.0) (0.4)
REAL GOOD FOOD C RGF US 43.8 (52.3) (40.0)
RENT THE RUNWA-A RENT US 478.4 104.9 220.3
REVLON INC-A RVL1 TH 2,448.2 (2,066.3) 248.3
REVLON INC-A REVEUR EU 2,448.2 (2,066.3) 248.3
REVLON INC-A REV US 2,448.2 (2,066.3) 248.3
REVLON INC-A RVL1 GR 2,448.2 (2,066.3) 248.3
REVLON INC-A REV* MM 2,448.2 (2,066.3) 248.3
RIMINI STREET IN 0QH GR 256.7 (160.2) (64.2)
RIMINI STREET IN RMNIEUR EU 256.7 (160.2) (64.2)
RIMINI STREET IN 0QH QT 256.7 (160.2) (64.2)
RIMINI STREET IN RMNI US 256.7 (160.2) (64.2)
ROCKLEY PHOTONIC RKLY US 181.6 113.5 88.9
ROSE HILL ACQU-A ROSE US 0.4 (0.0) (0.4)
ROSE HILL ACQUIS ROSEU US 0.4 (0.0) (0.4)
RR DONNELLEY & S RRDEUR EU 3,093.4 (223.6) 502.9
RR DONNELLEY & S DLLN GZ 3,093.4 (223.6) 502.9
RR DONNELLEY & S DLLN TH 3,093.4 (223.6) 502.9
RR DONNELLEY & S DLLN GR 3,093.4 (223.6) 502.9
RR DONNELLEY & S RRD US 3,093.4 (223.6) 502.9
RYMAN HOSPITALIT RHPEUR EU 3,537.8 (27.1) (6.8)
RYMAN HOSPITALIT 4RH GR 3,537.8 (27.1) (6.8)
RYMAN HOSPITALIT RHP US 3,537.8 (27.1) (6.8)
RYMAN HOSPITALIT 4RH TH 3,537.8 (27.1) (6.8)
RYMAN HOSPITALIT 4RH QT 3,537.8 (27.1) (6.8)
SABRE CORP 19S QT 5,442.9 (355.1) 830.9
SABRE CORP SABREUR EU 5,442.9 (355.1) 830.9
SABRE CORP 19S GZ 5,442.9 (355.1) 830.9
SABRE CORP SABR US 5,442.9 (355.1) 830.9
SABRE CORP 19S GR 5,442.9 (355.1) 830.9
SABRE CORP 19S TH 5,442.9 (355.1) 830.9
SABRE CORP 19S SW 5,442.9 (355.1) 830.9
SBA COMM CORP 4SB GZ 9,668.1 (4,943.1) (188.2)
SBA COMM CORP SBAC* MM 9,668.1 (4,943.1) (188.2)
SBA COMM CORP SBACEUR EU 9,668.1 (4,943.1) (188.2)
SBA COMM CORP 4SB QT 9,668.1 (4,943.1) (188.2)
SBA COMM CORP 4SB GR 9,668.1 (4,943.1) (188.2)
SBA COMM CORP SBAC US 9,668.1 (4,943.1) (188.2)
SBA COMM CORP SBACEUR EZ 9,668.1 (4,943.1) (188.2)
SBA COMM CORP 4SB TH 9,668.1 (4,943.1) (188.2)
SBA COMMUN - BDR S1BA34 BZ 9,668.1 (4,943.1) (188.2)
SCIENTIFIC GAMES SGMS US 7,850.0 (2,191.0) 1,077.0
SCIENTIFIC GAMES TJW GR 7,850.0 (2,191.0) 1,077.0
SCIENTIFIC GAMES TJW QT 7,850.0 (2,191.0) 1,077.0
SCIENTIFIC GAMES SGMS1EUR EZ 7,850.0 (2,191.0) 1,077.0
SCIENTIFIC GAMES SGMS1EUR EU 7,850.0 (2,191.0) 1,077.0
SCIENTIFIC GAMES TJW TH 7,850.0 (2,191.0) 1,077.0
SCIENTIFIC GAMES TJW GZ 7,850.0 (2,191.0) 1,077.0
SCULPTOR ACQUISI SCUA/U US 0.4 (0.0) (0.4)
SELECTA BIOSCIEN SELB US 167.2 (18.7) 56.2
SHARECARE INC SHCR US 783.7 608.5 336.5
SHARECARE INC 8DJ0 GR 783.7 608.5 336.5
SHARECARE INC SHCREUR EU 783.7 608.5 336.5
SHELL MIDSTREAM SHLX US 2,329.0 (469.0) 352.0
SHOALS TECHNOL-A SHLS US 382.8 (11.1) 73.1
SIDUS SPACE INC SIDU US 3.8 (1.6) 0.6
SINCLAIR BROAD-A SBTA GZ 12,845.0 (1,366.0) 1,652.0
SINCLAIR BROAD-A SBGIEUR EU 12,845.0 (1,366.0) 1,652.0
SINCLAIR BROAD-A SBTA TH 12,845.0 (1,366.0) 1,652.0
SINCLAIR BROAD-A SBTA QT 12,845.0 (1,366.0) 1,652.0
SINCLAIR BROAD-A SBGI US 12,845.0 (1,366.0) 1,652.0
SINCLAIR BROAD-A SBTA GR 12,845.0 (1,366.0) 1,652.0
SIRIUS XM HO-BDR SRXM34 BZ 10,094.0 (2,555.0) (1,796.0)
SIRIUS XM HOLDIN SIRIEUR EU 10,094.0 (2,555.0) (1,796.0)
SIRIUS XM HOLDIN RDO GZ 10,094.0 (2,555.0) (1,796.0)
SIRIUS XM HOLDIN SIRI AV 10,094.0 (2,555.0) (1,796.0)
SIRIUS XM HOLDIN SIRI US 10,094.0 (2,555.0) (1,796.0)
SIRIUS XM HOLDIN RDO GR 10,094.0 (2,555.0) (1,796.0)
SIRIUS XM HOLDIN RDO TH 10,094.0 (2,555.0) (1,796.0)
SIRIUS XM HOLDIN RDO QT 10,094.0 (2,555.0) (1,796.0)
SIRIUS XM HOLDIN SIRIEUR EZ 10,094.0 (2,555.0) (1,796.0)
SIRNAOMICS LTD 2257 HK 110.2 (94.2) 11.0
SIX FLAGS ENTERT SIXEUR EU 3,054.9 (357.8) 99.8
SIX FLAGS ENTERT 6FE GR 3,054.9 (357.8) 99.8
SIX FLAGS ENTERT SIX US 3,054.9 (357.8) 99.8
SIX FLAGS ENTERT 6FE QT 3,054.9 (357.8) 99.8
SIX FLAGS ENTERT 6FE TH 3,054.9 (357.8) 99.8
SKYWATER TECHNOL SKYT US 271.7 85.1 23.1
SLEEP NUMBER COR SNBREUR EU 883.6 (440.1) (695.6)
SLEEP NUMBER COR SL2 TH 883.6 (440.1) (695.6)
SLEEP NUMBER COR SL2 QT 883.6 (440.1) (695.6)
SLEEP NUMBER COR SL2 GZ 883.6 (440.1) (695.6)
SLEEP NUMBER COR SL2 GR 883.6 (440.1) (695.6)
SLEEP NUMBER COR SNBR US 883.6 (440.1) (695.6)
SMILEDIRECTCLUB SDC* MM 886.1 (45.7) 387.3
SOFTCHOICE CORP SFTC CN 513.3 45.8 (36.6)
SOFTCHOICE CORP 90Q GR 513.3 45.8 (36.6)
SOFTCHOICE CORP SFTCEUR EU 513.3 45.8 (36.6)
SOFTCHOICE CORP 90Q GZ 513.3 45.8 (36.6)
SONIDA SENIOR LI 13C0 GR 674.2 (153.6) (186.5)
SONIDA SENIOR LI CSU2EUR EU 674.2 (153.6) (186.5)
SONIDA SENIOR LI SNDA US 674.2 (153.6) (186.5)
SOUTHWESTRN ENGY SW5 GZ 9,241.0 (286.0) (3,260.0)
SOUTHWESTRN ENGY SWN-RM RM 9,241.0 (286.0) (3,260.0)
SOUTHWESTRN ENGY SW5 TH 9,241.0 (286.0) (3,260.0)
SOUTHWESTRN ENGY SW5 GR 9,241.0 (286.0) (3,260.0)
SOUTHWESTRN ENGY SWN US 9,241.0 (286.0) (3,260.0)
SOUTHWESTRN ENGY SWN1EUR EU 9,241.0 (286.0) (3,260.0)
SOUTHWESTRN ENGY SW5 QT 9,241.0 (286.0) (3,260.0)
SPRAGUE RESOURCE SRLP US 1,231.6 (101.9) (139.0)
SQUARESPACE -BDR S2QS34 BZ 905.8 (15.9) (41.3)
SQUARESPACE IN-A SQSP US 905.8 (15.9) (41.3)
SQUARESPACE IN-A SQSPEUR EU 905.8 (15.9) (41.3)
SQUARESPACE IN-A 8DT GZ 905.8 (15.9) (41.3)
SQUARESPACE IN-A 8DT GR 905.8 (15.9) (41.3)
SQUARESPACE IN-A 8DT TH 905.8 (15.9) (41.3)
SQUARESPACE IN-A 8DT QT 905.8 (15.9) (41.3)
STARBUCKS CORP SBUX AV 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUXEUR EU 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUX TE 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUX IM 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUXUSD SW 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SRB GZ 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUX-RM RM 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUXCL CI 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUX_KZ KZ 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SRB GR 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SRB TH 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUX* MM 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUX SW 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SRB QT 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUX PE 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUX US 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP TCXSBU AU 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUXEUR EZ 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP 0QZH LI 31,392.6 (5,314.5) 1,605.0
STARBUCKS CORP SBUX CI 31,392.6 (5,314.5) 1,605.0
STARBUCKS-BDR SBUB34 BZ 31,392.6 (5,314.5) 1,605.0
STARBUCKS-CEDEAR SBUXD AR 31,392.6 (5,314.5) 1,605.0
STARBUCKS-CEDEAR SBUX AR 31,392.6 (5,314.5) 1,605.0
TAILWIND INTERNA TWNI/U US 347.0 (22.0) 1.1
TAILWIND INTERNA TWNI US 347.0 (22.0) 1.1
TALON 1 ACQUISIT TOACU US 0.4 (0.0) (0.4)
TASTEMAKER ACQ-A TMKR US 279.5 254.3 0.4
TASTEMAKER ACQUI TMKRU US 279.5 254.3 0.4
THUNDER BRIDGE C TBCPU US 414.9 394.0 (5.6)
THUNDER BRIDGE-A TBCP US 414.9 394.0 (5.6)
TKB CRITICAL T-A USCT US 0.5 (0.0) (0.5)
TKB CRITICAL TEC USCTU US 0.5 (0.0) (0.5)
TORRID HOLDINGS CURV US 636.3 (214.6) (31.5)
TRANSAT A.T. TRZ CN 1,897.7 (315.1) 89.7
TRANSDIGM - BDR T1DG34 BZ 19,315.0 (2,910.0) 5,367.0
TRANSDIGM GROUP T7D TH 19,315.0 (2,910.0) 5,367.0
TRANSDIGM GROUP TDGEUR EU 19,315.0 (2,910.0) 5,367.0
TRANSDIGM GROUP T7D QT 19,315.0 (2,910.0) 5,367.0
TRANSDIGM GROUP TDG US 19,315.0 (2,910.0) 5,367.0
TRANSDIGM GROUP T7D GR 19,315.0 (2,910.0) 5,367.0
TRANSDIGM GROUP TDG* MM 19,315.0 (2,910.0) 5,367.0
TRANSDIGM GROUP TDGEUR EZ 19,315.0 (2,910.0) 5,367.0
TRANSPHORM INC TGAN US 14.3 (19.5) (11.7)
TRAVEL + LEISURE 0M1K LI 6,601.0 (849.0) 658.0
TRAVEL + LEISURE WD5A GZ 6,601.0 (849.0) 658.0
TRAVEL + LEISURE WD5A GR 6,601.0 (849.0) 658.0
TRAVEL + LEISURE TNL US 6,601.0 (849.0) 658.0
TRAVEL + LEISURE WD5A TH 6,601.0 (849.0) 658.0
TRAVEL + LEISURE WD5A QT 6,601.0 (849.0) 658.0
TRAVEL + LEISURE WYNEUR EU 6,601.0 (849.0) 658.0
TRAVEL + LEISURE WYNEUR EZ 6,601.0 (849.0) 658.0
TRISTAR ACQUISIT TRIS/U US 0.7 (0.1) (0.8)
TRISTAR ACQUISIT TRIS US 0.7 (0.1) (0.8)
TRIUMPH GROUP TGIEUR EU 1,800.7 (828.9) 419.4
TRIUMPH GROUP TG7 GZ 1,800.7 (828.9) 419.4
TRIUMPH GROUP TG7 GR 1,800.7 (828.9) 419.4
TRIUMPH GROUP TGI US 1,800.7 (828.9) 419.4
TRIUMPH GROUP TG7 TH 1,800.7 (828.9) 419.4
TUPPERWARE BRAND TUP GZ 1,207.7 (223.3) (461.6)
TUPPERWARE BRAND TUP1EUR EU 1,207.7 (223.3) (461.6)
TUPPERWARE BRAND TUP TH 1,207.7 (223.3) (461.6)
TUPPERWARE BRAND TUP GR 1,207.7 (223.3) (461.6)
TUPPERWARE BRAND TUP US 1,207.7 (223.3) (461.6)
TUPPERWARE BRAND TUP QT 1,207.7 (223.3) (461.6)
TUPPERWARE BRAND TUP SW 1,207.7 (223.3) (461.6)
TUPPERWARE BRAND TUP1EUR EZ 1,207.7 (223.3) (461.6)
UNISYS CORP USY1 GZ 2,321.4 (250.1) 463.6
UNISYS CORP USY1 QT 2,321.4 (250.1) 463.6
UNISYS CORP USY1 TH 2,321.4 (250.1) 463.6
UNISYS CORP USY1 GR 2,321.4 (250.1) 463.6
UNISYS CORP UIS US 2,321.4 (250.1) 463.6
UNISYS CORP UIS1 SW 2,321.4 (250.1) 463.6
UNISYS CORP UISEUR EU 2,321.4 (250.1) 463.6
UNISYS CORP UISCHF EU 2,321.4 (250.1) 463.6
UNISYS CORP UISEUR EZ 2,321.4 (250.1) 463.6
UNISYS CORP UISCHF EZ 2,321.4 (250.1) 463.6
UNITI GROUP INC 8XC TH 4,784.3 (2,118.2) -
UNITI GROUP INC 8XC GZ 4,784.3 (2,118.2) -
UNITI GROUP INC UNIT US 4,784.3 (2,118.2) -
UNITI GROUP INC 8XC GR 4,784.3 (2,118.2) -
VAXXINITY INC-A VAXX US 134.9 93.6 73.4
VECTOR GROUP LTD VGREUR EU 1,536.0 (573.1) 470.3
VECTOR GROUP LTD VGR GZ 1,536.0 (573.1) 470.3
VECTOR GROUP LTD VGR US 1,536.0 (573.1) 470.3
VECTOR GROUP LTD VGR GR 1,536.0 (573.1) 470.3
VECTOR GROUP LTD VGR QT 1,536.0 (573.1) 470.3
VECTOR GROUP LTD VGREUR EZ 1,536.0 (573.1) 470.3
VECTOR GROUP LTD VGR TH 1,536.0 (573.1) 470.3
VENTYX BIOSCIENC VTYX US 148.7 136.9 133.9
VERA THERAPEUTIC VERA US 91.2 85.5 85.7
VERISIGN INC VRSNEUR EU 1,814.7 (1,417.6) 216.2
VERISIGN INC VRS GZ 1,814.7 (1,417.6) 216.2
VERISIGN INC VRSN* MM 1,814.7 (1,417.6) 216.2
VERISIGN INC VRSN-RM RM 1,814.7 (1,417.6) 216.2
VERISIGN INC VRSN US 1,814.7 (1,417.6) 216.2
VERISIGN INC VRS GR 1,814.7 (1,417.6) 216.2
VERISIGN INC VRS TH 1,814.7 (1,417.6) 216.2
VERISIGN INC VRS QT 1,814.7 (1,417.6) 216.2
VERISIGN INC VRS SW 1,814.7 (1,417.6) 216.2
VERISIGN INC VRSNEUR EZ 1,814.7 (1,417.6) 216.2
VERISIGN INC-BDR VRSN34 BZ 1,814.7 (1,417.6) 216.2
VERISIGN-CEDEAR VRSN AR 1,814.7 (1,417.6) 216.2
VIVINT SMART HOM VVNT US 2,916.4 (1,709.5) (508.5)
W&T OFFSHORE INC WTI US 1,243.3 (296.9) 2.8
WALDENCAST ACQ-A WALD US 345.7 309.6 0.4
WALDENCAST ACQUI WALDU US 345.7 309.6 0.4
WARBURG PINCUS C WPCA/U US 285.7 (20.6) 1.5
WARBURG PINCUS-A WPCA US 285.7 (20.6) 1.5
WAVERLEY CAPIT-A WAVC US 217.2 (5.2) 2.3
WAVERLEY CAPITAL WAVC/U US 217.2 (5.2) 2.3
WAYFAIR INC- A 1WF QT 4,466.2 (1,530.1) 924.7
WAYFAIR INC- A W US 4,466.2 (1,530.1) 924.7
WAYFAIR INC- A 1WF GR 4,466.2 (1,530.1) 924.7
WAYFAIR INC- A 1WF TH 4,466.2 (1,530.1) 924.7
WAYFAIR INC- A WEUR EU 4,466.2 (1,530.1) 924.7
WAYFAIR INC- A W* MM 4,466.2 (1,530.1) 924.7
WAYFAIR INC- A 1WF GZ 4,466.2 (1,530.1) 924.7
WAYFAIR INC- A WEUR EZ 4,466.2 (1,530.1) 924.7
WAYFAIR INC- BDR W2YF34 BZ 4,466.2 (1,530.1) 924.7
WEBER INC - A WEBR US 1,551.0 (121.3) 147.9
WINGSTOP INC WING1EUR EU 260.4 (314.1) 29.5
WINGSTOP INC EWG GZ 260.4 (314.1) 29.5
WINGSTOP INC WING US 260.4 (314.1) 29.5
WINGSTOP INC EWG GR 260.4 (314.1) 29.5
WINMARK CORP WINA US 55.0 (12.8) 33.6
WINMARK CORP GBZ GR 55.0 (12.8) 33.6
WORLDWIDE WEBB A WWACU US 0.7 (0.0) (0.7)
WORLDWIDE WEBB-A WWAC US 0.7 (0.0) (0.7)
WW INTERNATIONAL WTW AV 1,467.9 (491.4) 53.5
WW INTERNATIONAL WW6 GZ 1,467.9 (491.4) 53.5
WW INTERNATIONAL WW6 GR 1,467.9 (491.4) 53.5
WW INTERNATIONAL WW US 1,467.9 (491.4) 53.5
WW INTERNATIONAL WW6 TH 1,467.9 (491.4) 53.5
WW INTERNATIONAL WTWEUR EU 1,467.9 (491.4) 53.5
WW INTERNATIONAL WW6 QT 1,467.9 (491.4) 53.5
WW INTERNATIONAL WTWEUR EZ 1,467.9 (491.4) 53.5
WYNN RESORTS LTD WYR GZ 12,607.7 (592.6) 1,569.3
WYNN RESORTS LTD WYNNEUR EU 12,607.7 (592.6) 1,569.3
WYNN RESORTS LTD WYNN-RM RM 12,607.7 (592.6) 1,569.3
WYNN RESORTS LTD WYR TH 12,607.7 (592.6) 1,569.3
WYNN RESORTS LTD WYNN* MM 12,607.7 (592.6) 1,569.3
WYNN RESORTS LTD WYNN US 12,607.7 (592.6) 1,569.3
WYNN RESORTS LTD WYR GR 12,607.7 (592.6) 1,569.3
WYNN RESORTS LTD WYR QT 12,607.7 (592.6) 1,569.3
WYNN RESORTS LTD WYNNEUR EZ 12,607.7 (592.6) 1,569.3
WYNN RESORTS-BDR W1YN34 BZ 12,607.7 (592.6) 1,569.3
XILIO THERAPEUTI XLO US 120.7 86.4 92.7
YELLOW CORP YELL US 2,462.8 (306.2) 309.7
YELLOW CORP YEL GZ 2,462.8 (306.2) 309.7
YELLOW CORP YEL GR 2,462.8 (306.2) 309.7
YELLOW CORP YEL1 TH 2,462.8 (306.2) 309.7
YELLOW CORP YEL QT 2,462.8 (306.2) 309.7
YELLOW CORP YRCWEUR EU 2,462.8 (306.2) 309.7
YELLOW CORP YEL1 SW 2,462.8 (306.2) 309.7
YELLOW CORP YRCWEUR EZ 2,462.8 (306.2) 309.7
YUM! BRANDS -BDR YUMR34 BZ 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC TGR GZ 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC YUM AV 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC TGR TE 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC YUMUSD SW 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC YUM-RM RM 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC TGR TH 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC TGR GR 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC YUMEUR EU 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC TGR QT 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC YUM SW 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC YUM US 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC YUM* MM 6,419.0 (7,855.0) 707.0
YUM! BRANDS INC YUMEUR EZ 6,419.0 (7,855.0) 707.0
ZETA GLOBAL HO-A ZETA US 354.3 55.8 95.4
*********
Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par. Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable. Those sources may not,
however, be complete or accurate. The Monday Bond Pricing table
is compiled on the Friday prior to publication. Prices reported
are not intended to reflect actual trades. Prices for actual
trades are probably different. Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind. It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.
Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets. At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled. Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets. A company may establish reserves on its balance sheet for
liabilities that may never materialize. The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.
On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts. The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.
Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals. All titles are
available at your local bookstore or through Amazon.com. Go to
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Monthly Operating Reports are summarized in every Saturday edition
of the TCR.
The Sunday TCR delivers securitization rating news from the week
then-ending.
TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.
*********
S U B S C R I P T I O N I N F O R M A T I O N
Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
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Ivy B. Magdadaro, Carlo Fernandez, Christopher G. Patalinghug, and
Peter A. Chapman, Editors.
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*** End of Transmission ***