Moatable Inc ADR (MTBLY)

[downthehatch]

New stipulation filed in the case of In Re: RenRen, Index No. 653594/2018 that ends the appeal of the Order of Attachment and the cross appeal, and stipulates that the defendants may convert their SoFi Bank Shares into shares of the new publicly traded SoFi, and must keep the shares in an escrow account in NewYork, until such time as their is %560 million in the escrow account.

So, their is no further risk of transfer of shares, and there will be $560 million in escrow, in case the Plaintiffs are successful in this litigation.

Filed yesterday!