Approach Resources Inc (fka AREXQ)

[dazetrader]

As-of-today, the-courts-have-confirmed-AREXQ's-chapter-11-Plan.Common-shareholders-will-be-wiped-out as per the Chapter 11 plan. This can happen at anytime now. I sold my last few shares into the $0.0070 bid. There is still a large bid at $0.0070 but I doubt it will last long, I wouldn't expect anything higher.

Document Number: 712
Date Filed: Dec 16, 2020
Description: Findings of Fact, Conclusions of Law, and Order (I) Approving the Disclosure Statement in Support of Liquidation of Approach Resources Inc. and its Debtor Affiliates on a Final Basis and (II) Confirming the Joint Plan of Liquidation of Approach Resources Inc. and its Debtor Affiliates under Chapter 11 of the Bankruptcy Code Signed on 12/16/2020 (Related document(s):671 Amended Disclosure Statement, 700 Amended Chapter 11 Plan) (TylerLaws) (Entered: 12/16/2020)

Source URL: https://www.courtlistener.com/docket/16482338/approach-resources-inc-and-approach-resources-i-lp/?filed_after=&filed_before=&entry_gte=&entry_lte=&order_by=desc