Liquidation

Live Oak Crestview Climate Acquisition Corp. Receives NYSE Notice Regarding Delayed Form 10-Q Filing

Retrieved on: 
Tuesday, November 28, 2023
NYSE Listed Company Manual, NYSE, Failure, Liquidation, Security (finance), LOCC

MEMPHIS, Tenn., Nov. 28, 2023 /PRNewswire/ -- Live Oak Crestview Climate Acquisition Corp. (NYSE: LOCC) (the "Company") today announced that it received a notice from the New York Stock Exchange (the "NYSE") indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the "Form 10-Q") with the Securities and Exchange Commission (the "SEC").

Key Points: 
  • MEMPHIS, Tenn., Nov. 28, 2023 /PRNewswire/ -- Live Oak Crestview Climate Acquisition Corp. (NYSE: LOCC) (the "Company") today announced that it received a notice from the New York Stock Exchange (the "NYSE") indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the "Form 10-Q") with the Securities and Exchange Commission (the "SEC").
  • As the Company reported in its Form 8-K filed with the SEC on November 15, 2023, the Company will redeem all of the its outstanding shares of Class A common stock sold as part of the units in the Company's initial public offering (whether they were purchased in the initial public offering or thereafter in the open market), effective as of the close of business on November 30, 2023 (the "Liquidation").
  • The notice has no immediate effect on the listing of the Company's securities on the NYSE.
  • However, the Company's securities will not continue to be listed on the NYSE subsequent to the Liquidation.

Acrometa to Focus on Laboratory Construction and Co-Working Laboratory Space Business

Retrieved on: 
Tuesday, October 31, 2023
Motherboard, LSI, Biomass, Heart, Biotechnology, Liquidation, Poultry, Pyrolysis, Research, Provisional liquidation, Executive, Health, NTP, CVL, One-north, COVID-19, Renewable energy

Ltd. ("NTP"), had on 27 October 2023 initiated the process to place NTP under Creditors' Voluntary Liquidation ( "CVL").

Key Points: 
  • Ltd. ("NTP"), had on 27 October 2023 initiated the process to place NTP under Creditors' Voluntary Liquidation ( "CVL").
  • The directors of NTP had on 27 October 2023 resolved to place NTP in Provisional Liquidation, pending its eventual liquidation.
  • This decision arises from the inability of NTP to continue?its regular business operations by reason of their liabilities.
  • Mr Lim Say Chin, CEO of AcroMeta Group said, "Conversion of poultry waste to green electricity is a fundamentally promising business.

Vyant Bio Announces Stockholder Approval of Proposed Asset Sale; 64,110 Votes Needed to Approve Plan of Dissolution; and Adjournment of Special Meeting of Stockholders

Retrieved on: 
Thursday, October 19, 2023
Sale, Proxy card, Security (finance), Proxy, OTC, Proxy statement, Special, Holding company, Liquidation

Vyant anticipates that the Sale will be consummated within the next week.

Key Points: 
  • Vyant anticipates that the Sale will be consummated within the next week.
  • The adjourned Special Meeting will reconvene on November 1, 2023 at 11:00 a.m. Eastern Time at https://www.viewproxy.com/vynt/2023 .
  • Stockholders who have already voted their shares on the Liquidation Proposal contained in the Proxy Statement do not need to vote again.
  • Proxies previously submitted will be voted at the adjourned Special Meeting, and stockholders who have previously submitted a proxy or otherwise voted need not take any action.

26 Capital Acquisition Corp. Announces Hold to Liquidation

Retrieved on: 
Tuesday, October 3, 2023
Transfer, Redemption, Delaware Court of Chancery, Trust, Delaware Court, Accounting, Complaint, Interest on Lawyer Trust Accounts, Motion, Liquidation, Hearing, Capital, TRO, Security (finance)

Concurrently with filing the Motion, Schulte also filed a complaint against 26 Capital in the Delaware Court related to disputed legal fees.

Key Points: 
  • Concurrently with filing the Motion, Schulte also filed a complaint against 26 Capital in the Delaware Court related to disputed legal fees.
  • 26 Capital is evaluating its legal options regarding these proceedings and intends to defend itself vigorously against Schulte's allegations; 26 Capital remains committed to returning the funds held in the Trust Account to its public stockholders as soon as possible.
  • Additionally, 26 Capital announced today that, effective September 21, 2023, J. Randall Waterfield resigned from the board of directors of 26 Capital.
  • Mr. Waterfield's resignation was not the result of any dispute or disagreement with 26 Capital or 26 Capital's board of directors on any matter relating to 26 Capital's operations, policies or practices.

Enterprise 4.0 Technology Acquisition Corp. Announces Intent to Liquidate

Retrieved on: 
Wednesday, July 19, 2023
Transfer, Articles of association, Sponsor, Trust, Accounting, Acquisition, Interest on Lawyer Trust Accounts, Liquidation, Finance Secretary (India), Security (finance)

At the time of the Meeting, the Company believed it could complete a business combination if the Extension were to be approved by the shareholders.

Key Points: 
  • At the time of the Meeting, the Company believed it could complete a business combination if the Extension were to be approved by the shareholders.
  • However, after careful consideration, the Company has determined it would be unable to deliver a high quality transaction to shareholders even with an Extension.
  • The redemption of the Public Shares is expected to be completed within ten business days after July 21, 2023.
  • Enterprise 4.0 Technology Acquisition Corp.
    Enterprise 4.0 Technology Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Paralyzed Veterans of America Elects U.S. Army Veteran Robert Thomas as its New National President and Chairman of the Board

Retrieved on: 
Friday, June 30, 2023
Volunteering, University Hospitals Cleveland Medical Center, Tetraplegia, Veteran, Rehabilitation, The Foundation for Young Australians, United States Department of Veterans Affairs, United States Marine Corps, United States Department of the Army, Executive Committee, PVA, Survivor, Family, Caregiver, Liquidation, Management, United States Army

WASHINGTON, June 30, 2023 /PRNewswire/ -- Paralyzed Veterans of America today announced that U.S. Army veteran and Cleveland native Robert Thomas , who previously served as PVA's national senior vice president, will now hold its highest elected office – national president and chairman of the board.

Key Points: 
  • WASHINGTON, June 30, 2023 /PRNewswire/ -- Paralyzed Veterans of America today announced that U.S. Army veteran and Cleveland native Robert Thomas , who previously served as PVA's national senior vice president, will now hold its highest elected office – national president and chairman of the board.
  • "There is nothing I wouldn't do for PVA as they have saved my life countless times," said Charles Brown, outgoing PVA national president.
  • I welcome Robert as PVA's new national president, and I give him my full pledge of support.
  • Prior to his current role, Thomas served as PVA Executive Committee's national vice president and senior national vice president.

EXCHANGE OFFER DECLARED UNCONDITIONAL

Retrieved on: 
Monday, April 17, 2023
Communication, Failure, European, Person, SEC Rule 144A, Common stock, Sub, ABN, ABN AMRO, Article, Risk, Initial exchange offering, Offering circular, QIB, Acceptance, Letter, AMRO Bank, Trustee, Section 16.1 of the Canadian Charter of Rights and Freedoms, Transaction, Naamloze vennootschap, CEST, Council, Admission, Section 17 of the Constitution Act, 1867, Triangle, Settlement date, Disclosure, EGM, Section 16 of the Canadian Charter of Rights and Freedoms, Documentation, Euronext Amsterdam, Firmenich, Withdrawal, DCC, DSM, European Parliament, File, Admitted, Importance, Exchange, Shareholder, Settlement, ISIN, Exchange offer, EC, Security (finance), Cryptocurrency, Bank, Liquidation

KAISERAUGST, Switzerland and HEERLEN, Netherlands and GENEVA, April 17, 2023 /PRNewswire/ --

Key Points: 
  • After settlement of the Post-Closing Acceptance Period, the Company intends to implement either the Buy-Out or the Post-Offer Merger and Liquidation
    DSM and Firmenich boards are very pleased to announce that the Company hereby declares the Exchange Offer unconditional.
  • As a result, the Exchange Offer will be settled on 20 April 2023 and the Firmenich Contribution will occur on 8 May 2023.
  • This announcement contains selected, condensed information regarding the Exchange Offer and does not replace the Offering Circular.
  • Accordingly, to be eligible to receive DSM-Firmenich Ordinary Shares under the Exchange Offer, each DSM Shareholder that is a U.S.

EXCHANGE OFFER DECLARED UNCONDITIONAL

Retrieved on: 
Monday, April 17, 2023
Communication, Failure, European, Person, SEC Rule 144A, Common stock, Sub, ABN, ABN AMRO, Article, Risk, Initial exchange offering, Offering circular, QIB, Acceptance, Letter, AMRO Bank, Trustee, Section 16.1 of the Canadian Charter of Rights and Freedoms, Transaction, Naamloze vennootschap, CEST, Council, Admission, Section 17 of the Constitution Act, 1867, Triangle, Settlement date, Disclosure, EGM, Section 16 of the Canadian Charter of Rights and Freedoms, Documentation, Euronext Amsterdam, Firmenich, Withdrawal, DCC, DSM, European Parliament, File, Admitted, Importance, Exchange, Shareholder, Settlement, ISIN, Exchange offer, EC, Security (finance), Cryptocurrency, Bank, Liquidation

DSM and Firmenich boards are very pleased to announce that the Company hereby declares the Exchange Offer unconditional.

Key Points: 
  • DSM and Firmenich boards are very pleased to announce that the Company hereby declares the Exchange Offer unconditional.
  • As a result, the Exchange Offer will be settled on 20 April 2023 and the Firmenich Contribution will occur on 8 May 2023.
  • This announcement contains selected, condensed information regarding the Exchange Offer and does not replace the Offering Circular.
  • Accordingly, to be eligible to receive DSM-Firmenich Ordinary Shares under the Exchange Offer, each DSM Shareholder that is a U.S.

Novelion Announces Completion of Plan of Liquidation and Distribution and its Voluntary Dissolution

Retrieved on: 
Friday, March 10, 2023
Bankruptcy, Bankruptcy Code, Effective date, Dissolution, Law of the United Kingdom, Debt relief order, Liquidation, US, United States bankruptcy court, Supreme court, Sale, Trust, Liquidator, Security (finance)

VANCOUVER, British Columbia, March 10, 2023 (GLOBE NEWSWIRE) -- Novelion Therapeutics Inc. (“Novelion” or the “Company”) by Alvarez & Marsal Canada Inc., Novelion’s liquidator (the “Liquidator”) today announced that Novelion has concluded the implementation of its plan of liquidation and distribution (the “Plan”) by winding down and dissolving the Company (the “Dissolution”).

Key Points: 
  • VANCOUVER, British Columbia, March 10, 2023 (GLOBE NEWSWIRE) -- Novelion Therapeutics Inc. (“Novelion” or the “Company”) by Alvarez & Marsal Canada Inc., Novelion’s liquidator (the “Liquidator”) today announced that Novelion has concluded the implementation of its plan of liquidation and distribution (the “Plan”) by winding down and dissolving the Company (the “Dissolution”).
  • The Dissolution followed the completion of all remaining steps of the Company’s Plan, in accordance with the Orders of the Supreme Court of British Columbia (the “B.C.
  • Court to proceed with the Dissolution of the Company after a final distribution.
  • Any interested parties should visit www.alvarezandmarsal.com/novelion for further information about Novelion, the Liquidation, the Dissolution and related matters.

Polygon (MATIC) and Ethereum (ETH) are Listed for Leverage Trading on Covo Finance

Retrieved on: 
Tuesday, March 7, 2023
Bitcoin, USDC, Ecosystem, Liquidation, USD, ETH, Risk, Hacking, Short, APR, BTC, MATIC, Theft, Cryptocurrency, Ethereum, Polygon

Polygon, formerly Matic Network, is a layer-2 scaling solution for Ethereum that aims to improve scalability and usability for decentralized applications.

Key Points: 
  • Polygon, formerly Matic Network, is a layer-2 scaling solution for Ethereum that aims to improve scalability and usability for decentralized applications.
  • To start trading crypto with leverage, users must connect their cryptocurrency wallet to the Covo Finance platform and deposit funds.
  • COVOLP is a token representing a share of the liquidity pool on Covo Finance, from which traders can borrow for their leverage trading.
  • Adding Polygon (MATIC) and Ethereum (ETH) to Covo Finance's platform is a significant development for the decentralized trading ecosystem.