secwatch.observer — SEC 8-K summary
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Issuer:     PROJECT SAGE OLDCO, INC. (—)
CIK:        0001551693
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0000950170-24-045650
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 1.01, 1.03, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sientra sells substantially all assets in Chapter 11; Tiger APA $42.5M, Nuance $8M closed
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- Tiger Aesthetics Medical to acquire most assets for $42.5M; closing expected by Apr 22.
- Nuance Intermediary acquired Biocorneum scar management business for $8M; closed Apr 17.
- Sientra warns equity holders may face significant or complete loss from Chapter 11 outcome.
- Both sales approved by Bankruptcy Court; Asset Purchase Agreement exhibits filed with SEC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1551693/000095017024045650/0000950170-24-045650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1551693/000095017024045650/sien-20240418.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-045650

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer