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1manband

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1manband

Re: newlevel87 post# 658

Wednesday, 01/23/2019 11:56:24 PM

Wednesday, January 23, 2019 11:56:24 PM

Post# of 672
Shareholders get nothing. The common stock is being cancelled.

"the cancellation on the Effective Date of all of Egalet Corp.’s common stock and all other equity interests in Egalet Corp."

http://www.sec.gov/Archives/edgar/data/1586105/000110465919002111/a19-2907_28k.htm

The Effective date is scheduled for January 31. The stock will trade until then but will disappear forever once the bankruptcy plan is confirmed and FINRA cancels the ticker. That is likely to happen without any additional notice.
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