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moneymaker245

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moneymaker245

Re: None

Wednesday, 03/15/2017 4:26:24 PM

Wednesday, March 15, 2017 4:26:24 PM

Post# of 473
ultra news exit ch11 on or about march 31. is this the date to distribute the new/converted shares?

On March 14, 2017, the Bankruptcy Court issued an order confirming Ultra's plan of reorganization and an order determining that Ultra's plan value is $6.0 billion. These orders clear the way for Ultra to exit chapter 11 once the financing transactions to fund its plan of reorganization are closed, which is expected to occur on or about March 31, 2017.1

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