Axcella Health Inc.: M&A transaction — Axcella Health transfers all assets to creditor trust in assignment for benefit of creditors

Axcella Health Inc.

On Dec 5, 2023, Axcella completed transfer of substantially all assets to Axcella (assignment for the benefit of creditors), LLC.
Transfer authorized by stockholders on Dec 4, 2023, and executed under Delaware law.
The assignment effectively liquidates the company's assets for creditor benefit; no ongoing operations described.

item 2.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Axcella Health Inc. completed a disposition (closed 2023-12-05).

Action: disposition
Closing: 2023-12-05

Exact text from the filing

on December 5, 2023 Axcella completed the transfer of all or substantially all of Axcella’s assets to Axcella (assignment for the benefit of creditors), LLC, a Delaware limited liability company, through an assignment for the benefit of creditors under Delaware law.

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Source: SEC EDGAR

accession 0001104659-23-127353

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