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Monday, 04/24/2023 10:54:46 PM

Monday, April 24, 2023 10:54:46 PM

Post# of 2171
FORM 8-K CURRENT REPORT April 18, 2023 ooooooooofff!

"The Company does not anticipate filing financial statements for the Asset Sale, or pro forma financial statements, due to the fact that following the Asset Sale, the Company is no longer an operating company and lacks the personnel required to do so."

"As previously disclosed, on February 22, 2023, Lucira Health, Inc. (the “Company”) filed a voluntary petition (Case No. 23-10242) for relief under chapter 11 of title 11 the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (such court, the “Bankruptcy Court”). On April 6, 2023, the Company held an auction (the “Auction”) under Section 363 of the Bankruptcy Code relating to the disposition of all or substantially all of the Company’s assets (the “Assets”)."

"On April 19, 2023, the Bankruptcy Court entered an order approving the sale of substantially all of the Company’s assets to the Buyer pursuant to the Purchase Agreement for approximately $36.4 million, which is comprised of a combination of cash, payments of Cure Costs to counterparties to assigned contracts and leases, and assumed or otherwise satisfied liabilities (the “Asset Sale”).The Asset Sale closed on April 20, 2023."

https://www.otcmarkets.com/filing/html?id=16580586&guid=MHm-kF7Bo1wKh3h

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