: What additional information can the Trustee provide about the common stock to be issued in connection with the proposed investor transaction described in FAQ #32 above?
The substance and business terms of the proposed equity infusion remain substantially as described in FAQ #32 above, and the final details, timing and mechanics remain under active discussion with the investor. It is anticipated that the Chapter 11 plan pursuant to which the shares will be issued will provide for trading restrictions on the common stock of the reorganized company at least as restrictive as those that have governed the existing stock since the entry of the Trading Injunction Order in 1994, as described in FAQ #20 above. The final details of the proposed transaction, including but not limited to the extent of the trading restriction, the issuance of shares, and other mechanics of implementation, have not been finally determined. The Trustee and his professionals met with representatives of the investor during the last week of January, and remain engaged in ongoing discussions about the transaction. While we have received a great number of specific and thoughtful question
Related Questions
- : What additional information is the Trustee in a position to disclose about the status of the investor and the proposed transaction that is intended to serve as a basis for the Chapter 11 plan?
- : What additional information can the Trustee provide about the common stock to be issued in connection with the proposed investor transaction described in FAQ #32 above?
- What additional documents can an investor in a Notice 2003-81 transaction expect the Service to request?
