Court denies Can B Corp. motion to halt Arena's asset sale; auction postponed to March 14

Can B Corp

Supreme Court, County of New York denied company's motion for TRO and preliminary injunction to stop Arena's Article 9 sale.
Arena proceeding with auction of company's hemp division assets; original Feb 29 auction postponed to March 14, 2024.
Company continuing efforts with Arena to reach a potential settlement of its obligations.
Court ruling may result in forced sale of assets under UCC Article 9.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.