other material
confidence high
sentiment negative
materiality 1.00
Athenex, Inc.: going-concern / distress — Athenex Chapter 11 plan confirmed; common stock cancelled, equity holders receive nothing
Athenex, Inc.
- Bankruptcy Court confirmed Plan of Liquidation on Sept 12, 2023; effective Sept 22, 2023.
- All common stock and equity interests cancelled; no distributions to holders.
- All directors and executive officers terminated as of effective date.
- Samir Saleem appointed Post-Effective-Date Debtor Representative to manage liquidation.