NaturalShrimp Inc: going-concern / distress — Court appoints receiver for NaturalShrimp after creditor alleges loan defaults

NaturalShrimp Inc

Streeterville Capital and Bucktown Capital filed emergency motion on Sept 4, 2024 citing default on loan agreements.
Ex parte order entered Sept 9, 2024 appoints Amplio Turnaround and Restructuring, LLC as Receiver.
Receiver to immediately take control of NaturalShrimp's assets to preserve them pending a hearing on Sept 17, 2024.
NaturalShrimp has retained counsel and intends to oppose the appointment.

item 1.03

Key facts

Extracted from this filing and checked against the source text.

Distress & Bankruptcy SEC 8-K Item 1.03 confidence 0.9

NaturalShrimp Inc entered receivership in District Court of Salt Lake County, Utah (petition 2024-09-04).

Proceeding: receivership
Court: District Court of Salt Lake County, Utah
Petition: 2024-09-04

Exact text from the filing

under Civil Case No. 240907138, in the District Court of Salt Lake County, Utah, against NaturalShrimp, Inc.

View on SEC.gov

Browse all distress & bankruptcy →

Source: SEC EDGAR

accession 0001493152-24-036227

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.