From all the DD dug up thus far, there's zero reason to believe anything other than they will be saved. Generally, in situations like this, the Judge will specifically state that shares will be cancelled, it would be in the docs. In this case, there has been zero mention of cancellation...in fact the Judge ruled that she would only accept the sale if it were in the best interests of shareholders.
Not gonna lie, there's still a TON of questions to be answered here and I don't believe ANYONE honestly knows the end game....but as it stands now, the new owners own around 120mil shares of the common stock and I highly doubt they bought the company just to lose all that money. They have DEEP pockets and could do all kinds of things with this company now that they officially own it.
Time will tell, but commons should stay intact according to all DD done up til this point....there's been nothing to state otherwise
