Replies to post #1350 on Pyxus International Inc (PYYX)

[Dean14]

Anyone got a Value

Further, under the Chapter 11 filing, a prepackaged plan, referred to as the “prepack plan,” which contemplates that all outstanding shares of Pyxus common stock and rights to acquire common stock (i.e. options or warrants) will be cancelled. Each current holder of common stock will receive a ratable share of $1.0 million in cash, based on their current holdings. As part of receiving their portion, each shareholder must opt-in to required third party releases.