Monday, April 10, 2017 10:57:46 PM
Ultrapetrol’s Chapter 11 plan approved by court
Ultrapetrol (NASDAQ:ULTR) says its prepackaged Chapter 11 plan has been confirmed by the U.S. bankruptcy court, and expects to emerge from Chapter 11 on March 31.Under the restructuring plan, Sparrow Capital Investments will acquire ULTR’s river business, which includes 685 barges, for $73M, with proceeds earmarked for the holding company’s creditors and used to retire ~$225M in outstanding bond debt.Existing shareholders will retain their ULTR shares, but the company will no longer own any operating businesses. Tue, Mar. 21, 5:55 PM | 2 Comments
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM