Steel Connect, Inc. (STCN): Court Denies Approval of the Proposed Se...

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Steel Connect, Inc. (STCN)

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Enterprising Investor

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Enterprising Investor

Re: Enterprising Investor post# 30

Saturday, 09/24/2022 9:15:22 PM

Saturday, September 24, 2022 9:15:22 PM

Court Denies Approval of the Proposed Settlement. (9/23/22)

The Court determined that the parties had not satisfactorily addressed the concerns it had expressed on August 18, 2022, and had not satisfied the Court that the settlement was fair and in the best interest of the Company and its stockholders. A transcript of the Court’s remarks explaining the decision will be posted on the Company’s website at https://ir.steelconnectinc.com/investor-information as soon as it is available. Information on our website is not incorporated by reference in this Current Report on Form 8-K..

https://www.sec.gov/ix?doc=/Archives/edgar/data/914712/000121390022058461/ea166261-8kdef_steelconn.htm

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