Adeptus Health Inc. (fka ADPTQ)

[petermic]

"As is typical in most Chapter 11 cases, we do not expect existing Adeptus stockholders to receive any recovery at the end of the court-supervised restructuring process."

I don't know why share price is holding up at all.



LEWISVILLE, Texas, Sept. 27, 2017 - the Company today announced that the U.S. Bankruptcy Court has confirmed the Company's Chapter 11 Plan. The Company expects to complete its financial restructuring process and emerge from Chapter 11 in the coming days.

Upon effectiveness of the Chapter 11 Plan, Adeptus Health Inc. will no longer be a publicly-held company, all shares of its Class A common stock will be cancelled, and it will be dissolved as a corporate entity.