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Replies to post #70867 on Innerscope Hearing Technologies Inc (INND)
04/01/25 5:59 PM
The audio file. Seems they worked out the insurance thing, and it turns out that Moore's representative had to be there in person, and not Mark Moore himself. I believe I heard that right. That's at the very end.
https://drive.google.com/file/d/1Ksg-fU8C3aWdf_Lv2OrdtYre4cNmAumV/view
No order from the Judge filed yet.
04/04/25 9:30 AM
Filing# 220143664 E-Filed 04/02/2025 12:31:00 PM
IN THE CIRCUIT COURT OF THE 17TH JUDICIAL CIRCUIT
IN AND FOR BROWARD COUNTY, FLORIDA
CASE NO. CACE25000584 DIVISION: #8 JUDGE Haimes, David A. (08)
TRILLIUM PARTNERS L.P.
Plaintiff(s)/ Petitioner(s)
V
INNERSCOPE HEARING TECHNOLOGIES, INC.
Defendant(s)/ Respondent(s)
i
AGREED ORDER APPROVING SETTLEMENT AGREEMENT AND STIPULATION FOR
DISMISSAL
This matter having come before the Court for a hearing on the 27thday of March 2025, to
approve the Settlement Agreement entered into as of February 14, 2025 between Plaintiff,
TRILLIUM PARTNERS, LP ("Plaintiff')and Defendant, INNERSCOPE HEARING
TECHNOLOGIES, INC. ("Defendant"and collectivelywith Plaintiff,the "Parties"),and the Court
having held a hearingas to the fairness of the terms and conditions of the Settlement Agreement
and Stipulationand being otherwise fullyadvised in the premises, the Court hereby finds as
follows:
1. The Court has been advised that the Parties intend that the issuance of the Shares (asdefined
by the Settlement Agreement and, hereinafter,the "Shares") to and the resale of the Shares by
Plaintiff in the United States, assuming satisfaction of all other applicable securities laws and
regulations,will be exempt from registration under the Securities Act of 1933, as amended (the
"Securities Act") in reliance upon Section 3(a)(10)thereof,based upon this Court's finding herein that
the terms and conditions of the issuance of the Shares by Defendant to Plaintiff are fair to Plaintiff;
2. The hearinghaving been scheduled upon the consent of Plaintiff and Defendant, Plaintiff
Page 1 of 2
*** FILED: BROWARD COUNTY, FL BRENDA D. FORMAN, CLERK 04/02/2025 12:30:57 PM.****
Case Number: CACE25000584
has had adequate notice of the hearing and Plaintiff is the only party to whom Shares will be issued
pursuant to the Settlement Agreement;
3. The terms and conditions of the issuance of the Shares in exchange for the release of
certain claims as set forth in the Settlement Agreement are fair to Plaintiff,the only party to whom
the Shares will be issued;
4. The fairness hearing was open to Plaintiff. Plaintiff was representedby counsel at the
hearingwho acknowledged that adequatenotice of the hearingwas given and consented to the entry of
this Order.
Accordingly,after due consideration,t is hereby
ORDERED AND ADJUDGED that the Settlement Agreement and Stipulationfor Dismissal is
hereby approved as fair to the party to whom the Shares will be issued,within the meaning of Section
3(a)(10)of the Securities Act and that the sale ofthe Shares to Plaintiff and the resale of the Shares in
the United States by Plaintiff,assuming satisfaction of all other applicablesecurities laws and
regulations,will be exempt from registrationunder the Securities Act of 1933.
The Settlement
Agreement and Stipulation entered into between the parties is hereby approved and the parties are
ordered to comply with same, including that the Defendant at its sole discretion,shall effect a reverse
stock split in the ratio of one new share for not more than 500 existing shares. The Court reserves
jurisdiction over the parties to this action as well as the subject matter herein for purposes of contempt
and enforcement of the Settlement Agreement and Stipulation as well as for such other purposes as
allowed by law.
DONE AND ORDERED in Chambers at Broward County, Florida on 2nd day of April,2025.
CACE255-R4s-S?72- -C,.b/- ?-EU,<Sp -- ,
CACE25000584 04-02-2025 9:46 AM
Hon. David A Haimes
CIRCUIT COURT JUDGE
ElectronicallySigned by David A Haimes
Copies Furnished To:
Andre G. Raikhelson, E-mail : contactus@raikhelsonlaw.corn
Andre G. Raikhelson, E-mail : arlaw@raikhelsonlaw.com
Jonathan D. Leinwand, E-mail : efilings@jdlpa.com
Jonathan D. Leinwand, E-mail : jonathan@jdlpa.corn
AI
