Motion for the brokers to properly account for SCLX shares by May 23 granted by court | SRNE Message Board Posts


Sorrento Therapeutics, Inc.

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Msg  1876 of 1926  at  5/12/2023 4:40:22 PM  by

danofthebes


Motion for the brokers to properly account for SCLX shares by May 23 granted by court

 It is ORDERED THAT: 1. The Motion is granted to the extent set forth herein. 2. Pursuant to Sections 105(a) and 362 of the Bankruptcy Code and Federal Rule....
 
On or before May 23, 2023 (the “Compliance Date”), the Brokerage Firms listed on Exhibit 1 attached hereto shall credit all Dividended Scilex Stock to their customers’ accounts and file a report with the Court detailing as to each customer account, on an anonymous basis, the number of shares of Dividended Scilex stock credited and quoted price of such stock on a mark-to-market basis;
 
 ...and I like this about seeking "additional relief"
 
 The Equity Committee make seek additional relief, whether by contested matter or adversary proceeding, as appropriate after reviewing the responses required under Paragraph 2.a.
 


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