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         T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, January 18, 2022, Vol. 26, No. 17

                            Headlines

A&E ADVENTURES: Unsecureds to be Paid in Full with Interest in Plan
ABB/CON-CISE OPTICAL: S&P Cuts ICR to 'CCC' on Refinancing Risk
ABDOUN ESTATE: Unsecureds to Get Share of Income for 60 Months
AERKOMM INC: Signs Joint Venture Agreement With Sakai Display
AGAPE BEAUVOIR: S&P Raises 2012A Revenue Bond Rating to 'BB-'

ALABAMA INJURY: Unsecured Creditors to Recover 1% in 60 Months
ALIERA COMPANIES: Creditors Say Case Needs to Remain in Delaware
AMAZING ENERGY: March 4 Plan Confirmation Hearing Set
AMERICAN CRYOSTEM: Incurs $2.9-Mil. Net Loss in FY Ended Sept. 30
AMERICAN EAGLE: Files for Chapter 11 with Plan Deal

ANTECO PHARMA: Payment Collection from Attwill to Fund Plan
APPLIED DNA: Empery Asset, et al., No Longer Own Common Shares
APPLOVIN CORP: Moody's Ups CFR to Ba3 Following MoPub Transaction
ASPIRA WOMEN'S: Tanya Sharman, Tanya Trust Hold 5.3% Equity Stake
AYRO INC: Appoints David Hollingsworth as Interim CFO

BANTEC INC: Secures $53,750 in Funding From Sixth Street Lending
BHCOSMETICS HOLDINGS: Files for Chapter 11 to Pursue Sale
BITNILE HOLDINGS: Enters Into New Partnership With Ed Carpenter
BLACKSTONE MORTGAGE: S&P Alters Outlook to Pos., Affirms 'B+' ICR
BOSTON ROAD: Unsecured Creditors Will Get 30% of Claims in 5 Years

BRADBURY LOGISTICS: Feb. 16 Plan Confirmation Hearing Set
BROOKFIELD WEC: Fitch Alters Outlook on 'B' LT IDRs to Positive
CAMBER ENERGY: Gets Extension to File Delayed Reports Until Feb. 15
CLUBHOUSE MEDIA: Signs $120K Note Purchase Deal With Fast Capital
CUSTOM TRUCK: Acquires HiRail Leasing Group for $46 Million

CYBER LITIGATION: Updates Tort Damages Claim Pay Details
DIAMOND SPORTS: S&P Downgrades ICR to 'CC' on Restructuring Plans
DIOCESE OF CAMDEN: $1.6M Sale of Sicklerville Property to NHRS OK'd
EAST WEST MANUFACTURING: Moody's Assigns First Time 'B3' CFR
EAST WEST MANUFACTURING: S&P Assigns 'B-' ICR on MSD Buyout

EMBECTA CORP: Moody's Assigns First Time 'Ba3' Corp. Family Rating
EMBECTA CORP: S&P Assigns 'B+' ICR on Spin-Off from Becton
EWT HOLDINGS III: Moody's Hikes CFR to Ba3, Outlook Remains Stable
GIRARDI & KEESE: Court Orders Erika to Turn Over AmEx Bills
GOLDEN 8 MAPLE: Unsecureds to Get 94.69%; Plan Hearing Feb. 22

GPMI COMPANY: Goes Bust, Files for Chapter 11 Bankruptcy
GRUPO AEROMEXICO: Airline, Invictus Given Few Days to Reach Deal
H-CYTE INC: Names Richard Rosenblum, Matthew Anderer as Directors
HILL-ROM HOLDINGS: Moody's Withdraws B1 Rating on Unsecured Notes
HIRECLUB.COM INC: Unsecureds Will Get 100% Dividend in 36 Months

HK FACILITY SERVICES: Unsecureds Will Get 100% of Claims in Plan
HOME CAPITAL: S&P Withdraws 'BB-' Long-Term Issuer Credit Rating
INTERPACE BIOSCIENCES: Peter Kamin Has 18.6% Stake as of Jan. 12
ION GEOPHYSICAL: Empery & Martin Hoe No Longer Own Common Shares
JOHNSTOWN CITY REDEVELOPMENT: S&P Cuts Sewer Bond Rating to 'BB'

KDA PROPERTIES: Auction Sale and $50K Contribution to Fund Plan
LATAM AIRLINES: Some Creditors Seek Alternative Proposal
LTL MANAGEMENT: J&J Strategy Gets Final Test in February
LTL MANAGEMENT: Judge Gives Ch. 11 Dismissal Bid Prominence
LTL MANAGEMENT: US Trustee Opposes Bid to Reinstate Talc Committee

LTL MANAGEMENT: UST Challenges Info Request on 2 Tort Committees
MALLINCKRODT PLC: Asks Court OK of $66M Securities Fraud Settlement
MAPLE 888 GOLDEN: Unsecureds to Get $93.47%; Plan Hearing Feb. 22
MINESEN COMPANY: Taps Joseph M. Salvator as Accountant
MOBY SPA: Hits Chapter 15 Bankruptcy Protection

MOSAIC MANAGEMENT: 11th Cir. Says Fee Raise Constitutional
NATURAL RESOURCE: S&P Alters Outlook to Stable, Affirms 'B' ICR
NEXTPLAY TECHNOLOGIES: Incurs $9.7-Mil. Net Loss in Third Quarter
NORDIC AVIATION: Gets Court OK to Tap $170M Loan From Lender
NUVERRA ENVIRONMENTAL: Jan. 24 is Record Date for Merger Approval

OMNIQ CORP: To Present at Lake Street's Conference on Jan. 27
PETROLIA ENERGY: Resolves Lawsuit With Argonaut Insurance
PETROLIA ENERGY: Resolves Violation Issues With New Mexico OCD
PETROTEQ ENERGY: Delays Form 10-Q for Period Ended Nov. 30
PIPELINE FOODS: Unsecureds Will Get 1% to 1.9% in Liquidating Plan

PLATINUM GROUP: Incurs US$3.3 Million Net Loss in First Quarter
PLAYA HOTELS: Richard Fried Won't Seek Re-election as Director
PLUS THERAPEUTICS: Signs Deal to Sell $5M Worth of Common Shares
PRECISION MANUFACTURED: Trustee Taps Marshack Hays as Legal Counsel
QUOTIENT LIMITED: CEO Manuel Mendez to Get Relocation Allowance

REAMIR 57 CORP: Seeks to Hire Law Offices of Alla Kachan as Counsel
REAMIR 57 CORP: Taps Wisdom Professional Services as Accountant
RED RIVER WASTE: Bankruptcy Proceedings Make Progress in Court
REDWOOD EMPIRE: Amends Plan to Include S&K Secured Claim Details
ROYAL ALICE: Trustee's Feb. 22 Sale of 3 New Orleans Properties Set

ROYAL ALICE: Trustee's Sale of 3 New Orleans Properties Approved
SAMURAI MARTIAL: Amends Several Secured Claims Pay Details
SEANERGY MARITIME: Jelco Delta, Claudia Restis Hold 9.9% Stake
SELINSGROVE INSTITUTIONAL: More Civil Complaints Filed vs Brubakers
SONOMA PHARMACEUTICALS: Completes Stock Option Grants to Employees

STAYSAVER VACATIONS: Case Summary & 20 Top Unsecured Creditors
STEM HOLDINGS: Incurs $64.6 Million Net Loss in FY Ended Sept. 30
SYNIVERSE HOLDINGS: Moody's Rates New Secured First Lien Debt 'B2'
SYSTEM ONE: S&P Raises ICR to 'B' on Good Revenue & EBITDA Trends
TOZ-BEL INC: Unsecured Creditors to Split $27.9K in 72 Months

VANGUARD GROUP: Fitch Gives 'BBf' to Vanguard Emerging ETF
WATSONVILLE HOSPITAL: Feb. 17 Auction of Substantially All Assets
WITCHEY ENTERPRISES: Jan. 25 Hearing on Bid Procedures for Assets
YOUNGEVITY INT'L: Sets Q1 Monthly Dividend
[^] Large Companies with Insolvent Balance Sheet


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A&E ADVENTURES: Unsecureds to be Paid in Full with Interest in Plan
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A&E Adventures LLC filed with the Southern District of Florida a
Disclosure Statement describing a Chapter 11 Plan dated Jan. 10,
2022.

The Debtor is a Florida limited liability company owned 50% by
Michael Abecasssis and 50% by Kelley Abecasssis, his wife. Mr.
Abecassis is the Managing Member of the Debtor and does not receive
a salary.

Prepetition, the Debtor operated, and continues to operate, as
GameTime: a family entertainment destination with fun indoor
amusements offering a full service dining experience and full
liquor sports bar in Miami, Fort Myers, Daytona, Ocoee, Tampa and
Kissimmee where customers can play over 100 interactive games in
the Mega Arcade.

The Plan provides for payment in full to all creditors.

Class One consists of the Secured Claims of the Secured Lender and
SBA. Class One Claims were current on the Petition Date and remain
current as of the date hereof. The Secured Lender and the SBA shall
retain their liens and security interests and shall continue to be
paid by the Debtor according to the terms of their loan documents.
This Class is unimpaired.

Class Two Claims consist of all Allowed Secured Claims of Wells
Fargo Bank, NA, d/b/a Wells Fargo Auto and U.S. Bank National
Association. Class Two Claims were current on the Petition Date and
remain current as of the date hereof. Class Two Claims shall
continue to be paid by the Debtor according to the terms of their
security agreements. This Class is unimpaired.

Class Three is comprised of the Allowed Secured Claim of the Miami
Landlord (POC 18-2) filed in the amount of $1,427,849.10, plus
reasonable attorney's fees in an unliquidated amount (subject to
objection) and is secured by $1,427,849.10 held by Frank Weinberg
Black, P.L. On the Effective Date, Class Three Claims shall be paid
in full. If the amount of the Miami Landlord's reasonable
attorneys' fees has not been liquidated by agreement or court order
as of the Effective Date, the Debtor will reserve $60,000 pending
entry of a court order liquidating the amount of such fees. This
Class is unimpaired.

Class Four Claims include all Allowed Unsecured Claims that are not
part of Classes 1 or 2, subject to any objections that are filed
and sustained by the Court. As of the date hereof, there are
approximately fifty-six Class Four Claims totaling $1,976,607.44,
thirteen of which are pending Objection. On the Effective Date,
Class Four Claims shall be paid in full, with interest at the
federal judgment rate of 2.59%, unless any Class 4 Creditor waives
the right to interest or agrees to different treatment. This Class
is unimpaired.

Michael Abecasssis and Kelley Abecasssis, his wife, shall retain
their equity in the reorganized Debtor after payment to Class 3 and
4 Claims in full. This Class is unimpaired.

The Debtor will have sufficient cash on hand from current cash and
Continuing Operations, which will provide sufficient funds to pay
all Allowed Unsecured Claims in full, and enable the Debtor to
successfully reorganize. As of November 30, 2021, the Debtor's cash
on hand is $4,703,114.

A full-text copy of the Disclosure Statement dated Jan. 10, 2022,
is available at https://bit.ly/3KcORXQ from PacerMonitor.com at no
charge.

Attorneys for Debtor:

     Meaghan E. Murphy, Esquire
     James C. Moon, Esq.
     Meland Budwick, PA
     3200 Southeast Financial Center
     200 South Biscayne Boulevard
     Miami, FL 33131
     Telephone: (305) 358-6363
     Facsimile: (305) 358-1221
     Email: jmoon@melandbudwick.com

                    About A&E Adventures LLC

A&E Adventures LLC, operating as GameTime, is a family
entertainment destination with fun indoor amusements offering a
full-service dining experience and full liquor sports bar in Miami,
Fort Myers, Daytona, Ocoee, Tampa and Kissimmee where customers can
play over 100 interactive games in the Mega Arcade. Customers can
enjoy a delicious lunch or dinner and watch any game on over 60
HDTVs. GameTime can also host large gatherings with full banquet
services.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Fla. Case No. 21-19272) on Sept. 24,
2021.  In the petition signed by Michael Abecassis, managing
member, the Debtor disclosed up to $50 million in both assets and
liabilities.

James C. Moon, Esq. at Meland Budwick, P.A., is the Debtor's
counsel.

Live Oak Banking Company, as secured lender, is represented by
Schiller, Knapp, Lefkowitz & Hertzel, LLP.


ABB/CON-CISE OPTICAL: S&P Cuts ICR to 'CCC' on Refinancing Risk
---------------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on U.S.-based
distributor of contact lenses ABB/Con-Cise Optical Group LLC to
'CCC' from 'CCC+'. S&P also lowered its issue-level ratings on its
first-lien credit facility to 'CCC' from 'CCC+' and second-lien
term loan to 'CC' from 'CCC-'.

The negative outlook reflects an increased risk of default in the
next 12 months. With approaching debt maturities, S&P thinks there
is an increasing possibility of a restructuring, distressed
exchange, or liquidity shortfall.

ABB's tepid earnings recovery and high leverage elevate refinancing
risks. As of Sept. 30, 2021, the company's S&P Global
Ratings-adjusted leverage was over 11x, and we expect it will
remain over 11x in 2022. EBITDA growth is under pressure as
COVID-19 variants continue to limit in-person eye care doctor
visits. Certain operating costs have risen due to wage inflation
and the return of costs reduced earlier in the pandemic. As a
result, adjusted EBITDA as defined in ABB's credit agreement
remains below prepandemic (2019) levels.

Upcoming maturities include ABB's $95 million revolving credit
facility ($40 million outstanding) due Dec. 15, 2022, and $418
million first-lien term loan ($397.1 million outstanding) due June
15, 2023. S&P said, "We forecast the company will generate
insufficient cash flow from its operations to fully repay these
borrowings. Our ratings reflect our belief that weak operating
performance and high leverage make ABB dependent on favorable
market conditions to achieve a comprehensive refinancing. We could
view a recapitalization transaction as a default or selective
default if lenders receive less value than promised in the original
securities without adequate offsetting compensation."

S&P said, "In the near term, we expect the company's cash flow and
liquidity will remain tight. ABB's liquidity position narrowed to
$20.6 million as of Oct. 1, 2021. We forecast liquidity will
tighten further in the coming quarters, potentially necessitating
an equity infusion from ABB's financial sponsor. The company had
$10.6 million unrestricted cash on hand and about $10 million
available under its revolving credit facility before violating its
springing 5.5x first-lien net leverage covenant (at 20%
utilization). ABB had a negligible covenant compliance margin at
the end of the third quarter of 2021, only about 2.3% (about $1.8
million of EBITDA cushion). We expect ABB will continue to rely on
its revolving credit facility to fund cash flow deficits resulting
from weak earnings and a $14.9 million legal settlement owed in the
first quarter of 2022. ABB's covenant compliance margin and
revolver access could tighten further in the near term, increasing
the risk of a covenant breach or payment default.

"ABB's liquidity could be further impaired if it does not extend
the contract with its largest supplier, Vistakon (Johnson &
Johnson) with similar terms. While we expect the company will
successfully renew this contract in our base case, our rating on
ABB reflects the company's weak negotiating power with suppliers
and customers, and very thin EBITDA margins. We believe the company
has limited ability to pass through price increases to customers
given high competition from online retailers.

"The negative outlook reflects an increased risk of default in the
next 12 months. With approaching debt maturities, we think there is
an increasing possibility of a restructuring, distressed exchange,
or liquidity shortfall."

S&P could lower its rating on ABB if it believes a default is
likely over the next six months. This could occur if:

-- The company struggles to refinance its upcoming maturities in a
timely fashion due to a weak operating performance or turbulent
financing conditions;

-- S&P forecasts ABB will breach its financial covenant without an
amendment, waiver, or equity cure from its financial sponsor; or

-- S&P expects a payment default, distressed exchange, or
restructuring.

S&P could consider raising the rating if:

-- ABB comprehensively refinances its capital structure; and

-- S&P sees the risk of a conventional default, restructuring, or
distressed exchange as unlikely over the next 12 months.

Under this scenario, S&P would expect reduced risk of a covenant
breach and improved liquidity and cash flow.



ABDOUN ESTATE: Unsecureds to Get Share of Income for 60 Months
--------------------------------------------------------------
Abdoun Estate Holdings, LLC, filed with the U.S. Bankruptcy Court
for the Eastern District of Michigan a Combined Plan and Disclosure
Statement dated Jan. 10, 2022.

Abdoun Estate Holdings, LLC is a Michigan limited liability
company. Ahmad Abulabon is the sole member. The Debtor operated
successfully until it leased its real estate in Southfield Michigan
to an entity that caused tremendous damage to the building and left
it practically uninhabitable for future tenants.

Nevertheless, following such destruction, the Debtor still nearly
obtained a profitable sale of the real estate, only to have the
sale scuttled due to the unlawful interference of third parties.
The Debtor's principal and his other entities have worked to
rehabilitate the site and make it fit for future rental, as the
Debtor believes the building can still be profitable and attract
tenants once repaired. Through this Plan, the Debtor intends to
reorganize and continue its business.

     * Class 1 (Impaired) – Property Taxes: This class shall
consist of the Oakland County Treasurer ("OCT"). OCT shall have an
allowed secured claim in the aggregate amount of $100,436.67
against the Debtor, which shall accrue interest at 12% per annum.
The lien of the Oakland County Treasurer shall remain attached to
26250 Northwestern Highway, Southfield, MI 48076 until such lien
(with applicable interest) is paid in full. OCT's claim shall be
paid over 60 months, beginning 30 days following the Effective
Date.

     * Class 2 (Impaired) - Mortgage: This class shall consist of
Red Oak Capital Fund III, LLC. The Debtor disputes the amount of
the Red Oak claim and anticipates objecting to any Proof of Claim
filed by Red Oak in this Case. In the event Red Oak's claim is
allowed, it has a maximum value of approximately $2,523,766.46.
Upon the final allowance or disallowance of Red Oak's claim, such
claim shall be amortized over 25 years at the 5 Year Treasury Note
Rate and Debtor shall immediately commence monthly payments under
such amortization.

     * Class 4 (Impaired) – General Unsecured Creditors: The
Debtor intends to pay these claims (to the extent they are an
Allowed claim) on a pro-rata basis to the extent funds are
available from net income over 60 months. The total amount of
estimated claims in the class amounts to $206,124.15. Payments
shall be made monthly, beginning 30 days following the Effective
Date and continuing for the next 60 months.

     * Class 5 (Unimpaired) - Equity Security Holders: Ahmad
Abulabon is the sole equity security holder of the Debtor, and his
continued personal services provided to the Debtor are essential to
its successful operation, both during this case and following
confirmation. Mr. Abulabon shall retain his equity interest in the
reorganized Debtor in the same manner, nature, and extent as prior
to the Petition Date, in exchange for his continued managerial and
other personal services performed on the Debtor's behalf and his
contributions of new value to the Debtor.

The Debtor shall continue to endeavor to rehabilitate all available
space in the real property located at 26250 Northwestern Highway,
Southfield, MI 48076 so that it is fit for commercial leasing.
Within 30 days of the Effective Date, Debtor shall retain a
commercial real estate broker to list all available space at 26250
Northwestern Highway, Southfield, MI 48076 for rent and
commercially reasonable rates. Rental income, net of expenses,
shall be committed to the Plan.

Within 30 days of the Effective Date, the Debtor shall hire a
commercial real estate broker to list and market the Debtor's real
property for sale. The Debtor is currently in advanced negotiations
with a potential purchaser of the property. Should Debtor receive a
favorable offer for purchase of the property, it will seek approval
of the sale in accordance with 11 U.S.C. Sec. 363.

A full-text copy of the Combined Plan and Disclosure Statement
dated Jan. 10, 2022, is available at https://bit.ly/3qwu9u8 from
PacerMonitor.com at no charge.

Attorneys for Abdoun Estate:


     Anthony J. Miller (P71505)
     Osipov Bigelman, P.C.
     20700 Civic Center Dr., Ste. 420
     Southfield, MI 48076
     Tel: (248) 663-1800

             About Abdoun Estate Holdings LLC

Abdoun Estate Holdings, LLC is a single asset real estate debtor
(as defined in 11 U.S.C. Section 101(51B)) based in Southfield,
Mich.

Abdoun Estate Holdings filed its voluntary petition for Chapter 11
protection (Bankr. E.D. Mich. Case No. 21-48063) on Oct. 11, 2021,
listing as much as $10 million in both assets and liabilities.
Ahmad Abulabon, managing member of Abdoun Estate Holdings, signed
the petition.

Judge Thomas J. Tucker oversees the case.

The Debtor tapped Yuliy Osipov, Esq., at Osipov Bigelman, P.C. as
its bankruptcy counsel.  The Blum Law Firm and Frasco Caponigro
Wineman Scheible Hauser & Luttmann, PLLC serve as the Debtor's
special counsel.


AERKOMM INC: Signs Joint Venture Agreement With Sakai Display
-------------------------------------------------------------
Aerkomm Inc. entered into a joint venture agreement with Sakai
Display Products Corporation, a company incorporated under the laws
of Japan, and PanelSemi Corporation, a company incorporated under
the laws of Taiwan.  Aerkomm did not have any relationship with
SDPJ or PanelSemi prior to entering into the agreement.

Through this joint venture, Aerkomm will develop and commercialize
a tile antenna.  The joint venture will be operated through a
to-be-established California corporation, which will be owned
initially 100% by SDPJ.  Aerkomm will license to Newco its
intellectual property, know-how and research and development
results related to the tile antenna.  SDPJ will provide Newco with
working capital to develop the tile antenna proof of concept.  Upon
approval of the POC, Aerkomm will contribute the intellectual
property to Newco in exchange for 52% of the equity interest in
Newco, and SDPJ and PanelSemi collectively will contribute $20
million in cash (less the contributions funded prior to the POC
approval).  SDPJ will hold 45% of Newco's equity interest and
PanelSemi will hold the remaining 3%.

Moreover, according to the agreement, SDPJ will invest EUR7.5
million in Aerkomm via private placement upon approval of the POC.

In the event that the POC is not achieved within 11 months
following the signing of the agreement, the joint venture will be
terminated, at which time Aerkomm will terminate the intellectual
property license to Newco and Newco will remain 100% owned by
SDPJ.

                           About Aerkomm

Headquartered in Nevada, USA, Aerkomm Inc. --
http://www.aerkomm.com-- is a full-service development stage
provider of in-flight entertainment and connectivity (IFEC)
solutions, intended to provide airline passengers with a broadband
in-flight experience that encompasses a wide range of service
options.  Those options include Wi-Fi, cellular, movies, gaming,
live TV, and music.  The Company plans to offer these core
services, which it is currently still developing, through both
built-in in-flight entertainment systems, such as a seat-back
display, as well as on passengers' own personal devices.

Aerkomm reported a net loss of $9.11 million for the year ended
Dec. 31, 2020, compared to a net loss of $7.98 million for the year
ended Dec. 31, 2019, and a net loss of $8.15 million for the year
ended Dec. 31, 2018.  As of June 30, 2021, the Company had $56.89
million in total assets, $22.29 million in total liabilities, and
$34.60 million in total stockholders' equity.


AGAPE BEAUVOIR: S&P Raises 2012A Revenue Bond Rating to 'BB-'
-------------------------------------------------------------
S&P Global Ratings raised its long-term rating to 'BB-' from 'B+'
on the Biloxi Housing Authority, Miss.' multifamily housing revenue
bonds, series 2012A, issued for Agape Beauvoir Manor Inc., Texas'
Beauvoir Manor Apartments Project. The outlook is positive.

"The outlook revision reflects better-than-expected financial
performance in fiscal years 2020 (audited) and 2021 (interim
financial)," said S&P Global Ratings credit analyst Ki-Beom Park.
We took a multi-notch downward rating action in 2020, reflecting
weakened adjusted debt service coverage (DSC) to 1.11x in fiscal
2019. In addition, the project's Real Estate Assessment Center
(REAC) score dropped significantly to 42c (as of March 13, 2020)
from 82c (as of Aug. 18, 2017). The deficiencies noted in the
inspection include immediate correction of health and safety of the
unit and buildings. Subsequently there have been major capital
investments (around $250,000) to address roofing, windows,
concrete, parking lot, appliances, and plumbing line needs. The
REAC score improved to a still weak 60c (as of June 15, 2021) and
we anticipate seeing positive improvement of the score due to the
additional capital improvements. Total operating expenses decreased
3% in fiscal 2020, resulting in a DSC of 1.26x and the 12-month
trailing financials indicate a positive trend.

The bonds were issued to finance the acquisition and rehabilitation
of Beauvoir Manor Apartments in Biloxi, a 150-unit Section 8
multifamily residential rental housing development. As of Dec. 31,
2019, $4.06 million of the series 2012A bonds was outstanding.

"The positive outlook also considers modest improvements to the
project's operational and financial performance due to capital
investments deployed to correct some maintenance issues identified
in the REAC report," added Mr. Park.

S&P said, "We have analyzed the projects' environmental, social,
and governance (ESG) risks relative to its coverage and liquidity,
management and governance, and market position. While we consider
COVID-19 to be a social risk, we believe the project's DSC and its
stable federally appropriated revenue stream from HUD somewhat
insulate it from near-term financial pressures related to COVID-19.
We believe both governance and environmental risks for the projects
are in line with the sector standard."



ALABAMA INJURY: Unsecured Creditors to Recover 1% in 60 Months
--------------------------------------------------------------
Alabama Injury and Pain Clinic filed with the U.S. Bankruptcy Court
for the Southern District of Alabama an Amended Disclosure
Statement describing its Plan of Reorganization dated Jan. 10,
2022.

From 2006 through 2021, Dr. Gordon, the owner of Alabama Injury and
Pain Clinic, served in the Alabama Legislative. It was during this
time, he relied heavily on his staff to assist in keeping the
business running, an producing income. Unfortunately his reliance
was misplaced. As a result, in the years following Dr. Gordon spent
significant energy time and expenses to build back what had been a
profitable business.

The Debtor's business was continuing to grow enabling the Debtor to
formulate a Plan of Reorganization, but, this time it was severely
hit by the Covid 19 Pandemic lock down which affected in office
visits. This world returned to some sense of normalcy and the
Debtor's business began its post pandemic recovery with the
business increasing back to its pre pandemic level of thirty to
fifty active cases.

The Debtor is now in position to effectively propose this Plan of
Reorganization.

Class four consists of General Unsecured Creditors. This class is
impaired. The Debtor proposes to pay to its unsecured creditors, 1%
of the value of these claims, with payments to begin, once the
administrative claims have been paid in full.

The Debtor owes approximately $69,268.53, in unsecured debt, but as
to ECF Claim Number Five, to which the Debtor has objected but will
include whatever amount is finally determined to be owed, the same
as all the rest of its unsecured debt, at 1% with no interest over
60 months in the amount of $1,157.00 (amount may be less depending
on the outcome of the objection to ECF Claim Number Five) without
interest, beginning 45 days following the effective date of
confirmation and continuing month to month thereafter until paid in
full.

The Debtor has also objected to and has filed a Motion to Avoid the
Judgement Lien of Dana Hartley (ECF Claim Number Two) and if there
is then an unsecured balance owed, it will be treated the same as
the rest of the Debtor's unsecured claims.

Class Five consists of Holders of Stock in the Debtor. The Debtor
is incorporated and 100% of the Stock is James O Gordon.

Based on the monthly operating reports filed by the Debtor, with
the Bankruptcy Administrator's Office and further based on its
economic recovery, following the Covid 19 pandemic closing, the
Debtor will have sufficient income to pay the required amount
pursuant to the Plan.

A full-text copy of the Amended Disclosure Statement dated Jan. 10,
2022, is available at https://bit.ly/3A4h66G from PacerMonitor.com
at no charge.

Debtor's Counsel:

     Barry A. Friedman
     BARRY A FRIEDMAN & ASSOCIATES, PC
     ATTORNEYS AT LAW
     257 St Anthony Street
     Post Office Box 2394
     Mobile, Alabama 36652-2394
     Telephone: 251-439-7400

                      About Alabama Injury

Alabama Injury and Pain Clinic, a provider of medical services to
persons who have suffered injuries, filed a Chapter 11 petition
(Bankr. S.D. Ala. Case No. 18-03685) on Sept. 11, 2018.  In the
petition signed by Dr. James Gordon, owner, the Debtor estimated
less than $50,000 in assets and $100,000 to $500,000 in
liabilities.  The case has been assigned to Judge Jerry C. Oldshue
Jr.  Friedman, Poole & Friedman, P.C., led by Barry A. Friedman, is
the Debtor's legal counsel.


ALIERA COMPANIES: Creditors Say Case Needs to Remain in Delaware
----------------------------------------------------------------
Vince Sullivan of Law360 reports that the creditors who filed an
involuntary Chapter 11 case against defunct health insurance
provider the Aliera Companies told a Delaware bankruptcy judge
Thursday, Jan. 14, 2022, that the case should stay in his court,
where a related insolvency case is pending.

During a hearing conducted virtually, attorneys for the petitioning
creditors told Judge John T. Dorsey that the interests of justice
would best be served if he continued to oversee the Aliera case
because he is also presiding over the related bankruptcy case of
Sharity Ministries.

                       About Healthe Inc.   

Healthe, Inc., UVC technology company Healthe, Inc., filed a
chapter 7 petition (Bankr. D. Del. Case No. 21-11567) on Dec. 10,
2021. David W. Carickhoff serves as the Chapter 7 Trustee and is
represented by Bryan J. Hall and Alan M. Root at ARCHER & GREINER,
P.C., in Wilmington.  The Debtor disclosed $12.2 million in assets
(including nearly 100 UV technology patents) and $15 million in
unsecured claims, of which more than half is owed to an insider.


AMAZING ENERGY: March 4 Plan Confirmation Hearing Set
-----------------------------------------------------
On Jan. 7, 2022, Arnold Jed Miesner and Lesa Renee Miesner
("Miesner"), Petro Pro, Ltd. ("Petro Pro"), and JLM Strategic
Investments, LP ("JLM" and collectively the "Plan Proponents")
submitted a First Amended Disclosure Statement with respect to the
First Amended Joint Plan of Liquidation for Amazing Energy MS, LLC,
et al.

On January 10, 2022, Judge Brenda T. Rhoades approved the Plan
Proponents' First Amended Disclosure Statement and ordered that:

     * February 16, 2022 at 5:00 p.m. is fixed as the last day for
filing written acceptances or rejections of the Plan Proponents'
Plan.

     * February 16, 2022 at 5:00 p.m. is fixed as the last day for
filing and serving written objections to confirmation of the Plan
Proponents' Plan.

     * March 4, 2022 beginning at 10:00 a.m. is the hearing to
consider final approval of the Plan Proponents' Plan.

      * March 4, 2022 beginning at 10:00 a.m. is the hearing to
consider the Sale of Assets.

A full-text copy of the order dated Jan. 10, 2022, is available at
https://bit.ly/34VthHm from PacerMonitor.com at no charge.

Counsel for the Plan Proponents:

     Carol Lynn Wolfram
     Law Office of Carol Lynn Wolfram
     P.O. Box 1925
     Denton, Texas 76202-1925
     Tel: (940) 321-0019
     Fax: (940) 497-1143
     E-mail: clwolframlegal@gmail.com

     ORENSTEIN LAW GROUP, P.C.
     Rosa R. Orenstein
     Nathan M. Nichols
     Orenstein Law Group, P.C.
     1201 Elm Street, Suite 4020
     Dallas, Texas 75270
     Tel: (214) 757-9101
     Fax: (972) 764-8110
     E-mail: rosa@orenstein-lg.com
             nathan@orenstein-lg.com

     THE WOLFRAM LAW FIRM, P.C.
     Frederic M. Wolfram
     Texas Bar I.D. No. 21869900
     Colorado Bar I.D. No. 48867
     THE WOLFRAM LAW FIRM, P.C.
     FirstBank Southwest Tower
     600 S Tyler St Ste 1406
     Amarillo, Texas 79101-2553
     Tel: (806) 372-3449
     Fax: (806) 372-3324
     E-mail: eric@wolframlaw.com

                      About Amazing Energy

Amazing Energy MS, LLC, Amazing Energy Holdings, LLC, and Amazing
Energy, LLC, filed voluntary petitions for relief under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Miss. Case Nos. 20-01243,
201245 and 20-01244) on April 6, 2020.

On July 13, 2020, the cases were transferred to the U.S. Bankruptcy
Court for the Eastern District of Texas and were assigned new case
numbers (20-41558 for Amazing Energy MS, 20 41563 for Amazing
Energy Holdings and 20-41561 for Amazing Energy LLC).  The cases
are jointly administered under Case No. 20-41558.

At the time of filing, Amazing Energy MS and Amazing Energy
Holdings disclosed assets of between $1 million and $10 million and
liabilities of the same range while Amazing Energy, LLC estimated
$10 million to $50 million in assets and $1 million to $10 million
in liabilities.

Judge Brenda T. Rhoades oversees the cases.

The Debtors are represented by Heller, Draper, Patrick, Horn &
Manthey, LLC and Wheeler & Wheeler, PLLC.

Arnold Jed Miesner, Lesa Renee Miesner, and JLM Strategic
Investments, LP, as secured creditors, are represented by:

     Carol Lynn Wolfram, Esq.
     Rosa R. Orenstein, Esq.
     Nathan M. Nichols, Esq.
     LAW OFFICE OF CAROL LYNN WOLFRAM
     P.O. Box 1925
     Denton, TX 76202-1925
     Tel: (940) 321-0019
     Fax: (940) 497-1143
     E-mail: clwolframlegal@gmail.com


AMERICAN CRYOSTEM: Incurs $2.9-Mil. Net Loss in FY Ended Sept. 30
-----------------------------------------------------------------
American CryoStem Corporation filed with the Securities and
Exchange Commission its Annual Report on Form 10-K disclosing a net
loss of $2.88 million on $20,590 of total revenues for the year
ended Sept. 30, 2021, compared to a net loss of $1.18 million on
$557,903 of total revenues for the year ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $1.06 million in total
assets, $2.90 million in total liabilities, and a total
shareholders' deficit of $1.85 million.

Spokane, Washington-based Fruci & Associates II, PLLC, the
Company's auditor since 2017, issued a "going concern"
qualification in its report dated Jan. 13, 2022, citing that the
Company has incurred significant losses since inception.  This
factor raises substantial doubt about the Company's ability to
continue as a going concern.

A full-text copy of the Form 10-K is available for free at:

https://www.sec.gov/ix?doc=/Archives/edgar/data/1468679/000101905622000053/acryo_10k.htm

                      About American CryoStem

Eatontown, New Jersey-based American CryoStem Corporation (OTC:
CRYO) -- http://www.americancryostem.com-- is a developer,
marketer and global licensor of patented adipose tissue-based
cellular technologies and related proprietary services with a
focus on processing, commercial bio-banking and application
development for adipose (fat) tissue and autologous
adipose-derived regenerative cells (ADRCs).


AMERICAN EAGLE: Files for Chapter 11 with Plan Deal
---------------------------------------------------
American Eagle Delaware Holding Company LLC and certain of its
subsidiaries, owners of 15 senior living facilities, announced on
Jan. 14, 2022, they have taken necessary action to complete a
comprehensive financial reorganization to achieve a more balanced
and sustainable capital structure, creating a stronger foundation
for their communities' long-term success.

To achieve these goals, Eagle Senior Living has initiated a
voluntary Chapter 11 process in the U.S. Bankruptcy Court for the
District of Delaware.  The Debtors said in a court filing they seek
Chapter 11 relief to accomplish several goals:

   (a) Ensure that the residents in the Facilities continue to
experience and receive high-quality care while the Debtors
implement their restructuring strategy;

   (b) Right-size their balance sheets by reducing the Debtors'
prepetition secured debt by approximately $40 million;

   (c) Provide for approximately $28 million in new capital to be
used for working capital and much needed capital expenditures;

   (d) Maximize the value of the Debtors' assets related to
profitable Facilities; and

   (e) Enable the Debtors to transition certain of their
underperforming Facilities to new operators, which efforts may
include a sale pursuant to 11 U.S.C. Section 363(f).

Eagle Senior Living has also decided to pursue an orderly sale of
its Vista Lake community through the Chapter 11 process.

To maximize the value of the Debtors' assets, restructure their
prepetition capital structure, ensure sufficient liquidity to
support ongoing business operations, and continue to provide
quality care to the residents of the Facilities, the Debtors have
negotiated with the Trustee and the holders of a majority in
aggregate principal amount of outstanding Series 2018A Bonds --
Controlling Holders -- a consensual Chapter 11 Plan of
Reorganization, which has been filed with the Court together with
the petitions.  Among other things, the Plan provides for a
reduction in the Debtors' prepetition outstanding secured
indebtedness by approximately $40 million, to be accomplished
pursuant to a mandatory exchange of the Series 2018 Bonds for
certain new Series 2022 Bonds.  Also, certain of the Controlling
Holders have agreed to purchase new Series 2022A Bonds, the
proceeds of which will be loaned to the Debtors and used to fund
working capital (approximately $6.44 million) and capital
expenditures (approximately $15.23 million) over the four years
following the Debtors' emergence from bankruptcy.

According to a statement, the Company is confident that the proven
legal process of Chapter 11 will allow it to strengthen its
financial structure and provide flexibility to make necessary
capital improvements to refresh and enhance its communities to
better serve residents both now and in the future.

Importantly, the Chapter 11 process will allow Eagle Senior Living
communities to operate uninterrupted as the Company works to
achieve its financial goals.  With the support of a steering
committee of its senior bondholders as outlined in a restructuring
support agreement, Eagle Senior Living intends to emerge from the
Chapter 11 process with a bolstered financial structure, allowing
it to make additional investments in its communities.  The RSA
contains agreed-upon terms for a pre-arranged plan of
reorganization that, if approved by the required additional
creditors and the U.S. Bankruptcy Court, would significantly reduce
debt and provide needed financial flexibility.

Todd Topliff, President of American Eagle Delaware Holding Company
LLC, said: "We have been working diligently with our bondholders to
navigate the impacts of the COVID-19 pandemic, strengthen our
long-term financial health and best position Eagle Senior Living to
continue providing high-quality care and amenities to all
residents.  We strongly believe that, through the Chapter 11
process, we will not only strengthen our financial structure—but
also improve the communities we serve, making them the places where
seniors can do more of what they love for years to come. We are
incredibly grateful for our employees and their determination
through the pandemic and industry-wide challenges, and we are
confident that our residents will continue to feel cared for and
engaged at all of our communities."

The Company has filed certain motions with the U.S. Bankruptcy
Court that will allow it to meet go-forward commitments to all
stakeholder groups through the Chapter 11 process, including
employee wages and benefit programs.  These motions are typical in
Chapter 11 proceedings and remain subject to Court approval.

                  About Eagle Senior Living

Established in 2018, Eagle Senior Living --
https://www.eagleseniorliving.org/ -- is a non-profit provider of
senior living services across the country, providing care on a
daily basis to approximately 1,000 residents.  Eagle Senior Living
and related entities operate 15 residential senior care facilities
located across the United States, from Colorado, Minnesota,
Wisconsin, and Ohio to Alabama, Tennessee, and Florida.

On Jan. 14, 2022, American Eagle Delaware Holding Company LLC and
16 affiliated companies each filed a petition seeking relief under
chapter 11 of the United States Bankruptcy Code (Bankr. D. Del.
Lead Case No. 22-10028), to seek confirmation of its Prepackaged
Plan.  The Debtors' cases have been assigned to Judge J. Kate
Stickles.

Eagle Senior Living's parent company American Eagle Lifecare
Corporation and management company Greenbrier Senior Living are not
included in the Chapter 11 filing.  Greenbrier Senior Living
continues to manage all of the communities.

American Eagle Delaware Holding estimated assets and debt of $10
million to $50 million as of the bankruptcy filing.

Eagle Senior Living is represented in the Chapter 11 case by
Polsinelli PC as legal counsel and FTI Consulting Inc. as
restructuring and financial advisor.  Blueprint Healthcare Real
Estate Advisors, LLC, is the exclusive advisor and broker.  Epiq
Corporate Restructuring, LLC, is the claims agent.


ANTECO PHARMA: Payment Collection from Attwill to Fund Plan
-----------------------------------------------------------
Anteco Pharma, LLC, submitted an Amended Disclosure Statement and
Amended Plan of Reorganization dated Jan. 06, 2022.

On November 15, 2017, after approximately one and one-half years of
negotiations, the Debtor sold the majority of its assets pursuant
to an Asset Purchase Agreement ("Agreement") to Attwill Medical
Solutions Steriflow L.P. and Attwill Vascular Technologies, L.P.
(collectively "Attwill"). Prior to the commencement of Debtor's
reorganization, Attwill's payments to Debtor under the Agreement
were subject to a Debt and Lien Subordination Agreement between
Attwill's secured lender, Old National Bank, and the Debtor ("the
Subordination"). The Subordination has a number of conditions
related to Attwill being in compliance with the terms and
provisions of its loan(s) with Bank. Said loan included funding the
Down Payment and other debts.

The conditions of the Subordination include that Attwill must be in
compliance with the terms of its loan(s) with the Bank. The Bank is
to provide an annual report concerning the status of Attwill's
compliance with its terms of its loans with the Bank. Upon recent
conversations with the Bank, Debtor was alerted to fact that
Attwill refinanced with Summit Bank in April, 2021 and, therefore,
the Subordination is no longer be in effect. Debtor was able to
verify this information during its recent contacts with agents of
Attwill and by checking real estate records that confirmed the Bank
satisfied its mortgage and Summit Bank recorded mortgages and an
assignment of rents.

The Debtor has invoiced Attwill for the annual payments owed, but
Attwill failed to make those annual payments to Debtor pursuant to
the terms of the Agreement. Debtor made a formal demand for
payments from Attwill in accordance with the Agreement. In response
to those demands, Attwill notified Debtor that it anticipates
making the first payment per the Agreement of $375,000 by no later
than March 31, 2022.

Debtor's Amended Plan of Reorganization will provide for
distributions per the terms of the Plan to be made to creditors
within 30 days of Debtor's receipt of that payment and all
subsequent payments from Attwill. If payments are not received
timely, Debtor will, within 10 days after Attwill's default,
provide Attwill with notice to cure said default within 30 days
from the date of said notice. If Attwill fails to cure the default,
Debtor shall commence legal action within 30 days from the date the
notice to cure default expired. That action will be filed in either
the U.S. District Court for the Eastern District of Wisconsin or
the Wisconsin Circuit Court for Milwaukee County, which are the
venues set forth in the Agreement in order to collect funds owed
for the benefit of the bankruptcy estate and the Debtor's
creditors.

The Debtor filed its proposed Amended Chapter 11 Plan of
Reorganization for consideration by its creditors. All proposed
payments under the Debtor's Amended Plan of Reorganization shall be
made from the Debtor's collection of funds owed to it under the
terms of the Agreement and other sources of income. The
amortization of these obligations are proposed to be extended to
provide for adequate cash flow and debt service.

Debtor is currently in the process of recovering funds owed by
Attwill in accordance with the Agreement. At this time, Debtor
expects the first installment from Attwill of $375,000 by March 31,
2022 which shall include interest that the Debtor is entitled to
due to the annual payments being delinquent. Annual payments of
$375,000 will continue over the next 2 years to be made by March
31, 2023 and March 31, 2024.

Debtor and Attwill are currently in negotiations on the payment
schedule of the earn out payments owed under the Agreement to
maximize efficiency and timeliness of payments to creditors and for
the benefit of the estate. The Agreement indicated that, if the
Debtor was entitled to an earn out payment, it would occur at the
end of each year, beginning December 2018. Any payments received by
the Debtor from Attwill and any other sources will be distributed
to creditors within 30 days of their receipt.

CLASS 1 consists of All priority Unsecured Claims (Impaired Class).
The Internal Revenue Service has an estimated priority claim in the
amount of $1,000.00 for estimated partnership taxes (per the proof
of claim) owed for 2020 and 2021. Said claim shall be paid in full
with interest at the rate of 3% per annum with payment in full to
be made within 30 days of the Debtor receiving the first
distribution from Attwill, estimated to occur by no later than
March 31, 2022, as set forth in Debtor's amended cash projections.


CLASS 2 consists of All General Non-Priority, Unsecured Claims in
the amount of $20,000 or Less. (Impaired Class). Class 2 consists
of all allowed general non-priority unsecured claimants whose
claims are less than $20,000 each, namely Howard Teeter and
Christopher Conlon, who each has a claim in the amount of $15,000.
Class 2 Claims will not be paid until after (i) the resolution of
the dispute as to Class 3 Claims and (ii) the resolution of
Avoidance Actions, if any, ultimately pursued against the Debtor's
members.

In the event Class 3 Claims are disallowed, the Class 2 Claims
shall be paid pro rata to the extent of any available funds. In the
event the Class 3 Claims are allowed in some amount and any
Avoidance Actions against the Debtor's members are ultimately
unsuccessful, Class 2 Claims will be paid pro rata with Class 3
Claims to the extent of any available funds. In the event the Class
3 Claims are allowed and any Avoidance Actions against the Debtor's
members are successful, the holders of Class 2 Claims shall be
entitled to setoff or offset their Class 2 Claims against the
amount of any final judgment entered in favor of the Debtor or the
bankruptcy estate, which treatment shall constitute satisfaction in
full of the Class 2 Claims.

CLASS 3 consists of All General Non-Priority Unsecured Claims in
excess of $20,000, including the claim of Galderma Laboratories,
L.P. and Galderma, S.A. ("Galderma") (Impaired Class). In Debtor's
schedules, it has disputed the claims under this Class of
creditors, including Galderma. Galderma has filed a proof of claim
in the amount of $24,977,624.40. The Debtor disputes this claim and
will object to the claim because the Debtor has no liability to
Galderma and the claim is unenforceable under applicable law
against the Debtor and property of the Debtor. Should a final
determination be reached that there is an actionable claim by
Galderma against Debtor then, to the extent the claim is allowed in
an amount to be determined, the claim will be entitled to
distributions under this Plan from the funds collected by the
Debtor as set forth in this Plan and its Amended Disclosure
Statement.

The source of payments to be made under the Plan, will be from the
payments Debtor collects from Attwill and other sources as set
forth herein and in Debtor's Amended Disclosure Statement dated
January 6, 2022, including sums that may be collected from
Medinter, Ltd. and any potential Avoidance Actions that the Debtor
may determine to file against its members should it prove necessary
or appropriate to do so. As to such Avoidance Actions the Debtor
has concluded, based on the available evidence, that there is a
not-insubstantial risk that such claims will be unsuccessful.
Notwithstanding that concern, the Debtor continues to negotiate
with the members, and will continue to do so post-confirmation
prior to initiation of any litigation.

At present, it is also unclear whether the Class 3 Claims of
Galderma will be allowed in any amount, as the Debtor will promptly
file an objection to the claim and disputes that it has any
liability whatsoever to Galderma. Until the Galderma claim is
ultimately allowed in any particular amount, the Debtor believes it
is more appropriate to invest effort in (i) collection of the
Attwill claims and (ii) pursuit of claims against Medinter.
Avoidance Actions can be filed by the Debtor for 2 years from the
Petition Date, and the Debtor will continue to assess whether to
initiate litigation of Avoidance Actions based upon (i) the status
of the objection to Class 3 Claims; (ii) any newly discovered
evidence, however provided or obtained; and (iii) the relative need
to pursue such Avoidance Actions to provide funds to satisfy
allowed claims.

A full-text copy of the Amended Disclosure Statement dated Jan. 6,
2022, is available at https://bit.ly/3qqCwrg from PacerMonitor.com
at no charge.

Attorneys for the Debtor:

     Krekeler Strother, S.C.
     Kristin J. Sederholm
     2901 West Beltline Hwy, Suite 301
     Madison, WI 53713
     Tel: 608-258-8555
     Fax: 608-258-8299
     E-mail: ksederho@ks-lawfirm.com

                      About Anteco Pharma

Anteco Pharma, LLC, is a Waunakee, Wis.-based company specializing
in freeze drying and related processing of pharmaceutical
intermediates, medical devices, specialty food and nutritional
ingredients.

Anteco Pharma filed its voluntary petition for relief under Chapter
11 of the Bankruptcy Code (Bankr. W.D. Wis. Case No. 221-11012) on
May 7, 2021, disclosing total assets of up to $10 million and total
liabilities of up to $1 million.  Howard R. Teeter, authorized
member, signed the petition.  

Judge Catherine J. Furay oversees the case.  

Krekeler Strother, S.C. and Boardman & Clark, LLP serve as the
Debtor's bankruptcy counsel and special counsel, respectively.


APPLIED DNA: Empery Asset, et al., No Longer Own Common Shares
--------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Empery Asset Management, LP, Ryan M. Lane, and Martin
D. Hoe disclosed that as of Dec. 31, 2021, they have ceased to
beneficially own shares of common stock of Applied DNA Sciences,
Inc.  

A full-text copy of the regulatory filing is available for free
at:

https://www.sec.gov/Archives/edgar/data/744452/000090266422000207/p22-0100sc13ga.htm

                         About Applied DNA

Applied DNA -- http//www.adnas.com -- is a provider of molecular
technologies that enable supply chain security, anti-counterfeiting
and anti-theft technology, product genotyping, and pre-clinical
nucleic acid-based therapeutic drug candidates.  Applied DNA makes
life real and safe by providing innovative, molecular-based
technology solutions and services that can help protect products,
brands, entire supply chains, and intellectual property of
companies, governments and consumers from theft, counterfeiting,
fraud and diversion.

Applied DNA reported a net loss of $14.28 million for the year
ended Sept. 30, 2021, compared to a net loss of $13.03 million for
the year ended Sept. 30, 2020.  As of Sept. 30, 2021, the Company
had $14.42 million in total assets, $3.30 million in total
liabilities, and $11.11 million in total equity.

Melville, NY-based Marcum LLP, the Company's auditor since 2014,
issued a "going concern" qualification in its report dated Dec. 9,
2021, citing that the Company incurred a net loss of $14,278,439
and generated negative operating cash flow of $13,387,955.  These
factors raise substantial doubt about the Company's ability to
continue as a going concern.


APPLOVIN CORP: Moody's Ups CFR to Ba3 Following MoPub Transaction
-----------------------------------------------------------------
Moody's Investors Service upgraded the Corporate Family Rating of
AppLovin Corporation to Ba3 from B1. In addition, Moody's upgraded
the Probability of Default Rating to Ba3-PD from B1-PD and senior
secured debt ratings to Ba3 from B1. The outlook is stable.

AppLovin recently completed the $1.05 billion all cash acquisition
of MoPub mobile advertising network from Twitter, Inc. The rating
upgrades are driven by the additional scale and incremental cash
flow generated by MoPub as well as Moody's expectation for enhanced
revenue diversification and improved credit metrics. The upgrades
also reflect Moody's view that AppLovin will adhere to disciplined
financial policies including very strong liquidity and improving
leverage and coverage ratios in the coming years. These actions
conclude the review that was initiated on October 14, 2021.

Upgrades:

Issuer: AppLovin Corporation

Corporate Family Rating, Upgraded to Ba3 from B1

Probability of Default Rating, Upgraded to Ba3-PD from B1-PD

Senior Secured 1st Lien Term Loan B, Upgraded to Ba3 (LGD3) from
B1 (LGD3)

Senior Secured 1st Lien Revolving Credit Facility, Upgraded to Ba3
(LGD3) from B1 (LGD3)

Assignments:

Issuer: AppLovin Corporation

Speculative Grade Liquidity Rating, Assigned SGL-1

Outlook Actions:

Issuer: AppLovin Corporation

Outlook, Changed to Stable from Rating Under Review

RATINGS RATIONALE

AppLovin's Ba3 CFR reflects the company's enhanced scale and
revenue diversification as well as improved leverage and cash flow
metrics. The acquisition of MoPub increases AppLovin's revenue base
to roughly $3.5 billion by the end of 2022, from $1.45 billion in
2020, and further diversifies high margin revenue streams. Sales
from consumer and business apps will represent roughly two-thirds
of total revenues with high growth, proprietary software
contributing the remaining one-third. Moody's expects AppLovin's
overall top line and EBITDA will continue growing in the low
double-digit percentage range or better due to solid demand for
mobile publishing revenue and consumer in-app purchase sales. Debt
to EBITDA will improve to less than 3.5x (Moody's adjusted) pro
forma for the MoPub transaction from over 4x estimated for year-end
2021, and adjusted EBITDA margins will remain above 20%.

After acquiring and partnering with a dozen game studios over the
last three years, AppLovin has amassed a diversified portfolio of
mobile games primarily targeting the casual gamer. The recent
acquisition of MoPub adds to the company's software offerings and
will be combined with AppLovin's existing in-app bidding
operations. This combination will operate as "AppLovin Exchange"
and will be one of the largest programmatic exchanges. As a
publicly traded company, AppLovin is now able to fund at least a
portion of future acquisitions and partnerships with public equity,
if desired. Nevertheless, competition is intense in the mobile app
ecosystem, and there is the potential for deep pocketed social
media platforms, as well as new entrants, to develop competing
proprietary offerings to grab a greater share of this fast-growing
mobile segment.

Governance risk is an important consideration with regards to
ownership and control, board oversight and effectiveness, and
management. AppLovin is a controlled company under NASDAQ corporate
governance requirements with Adam Foroughi (co-founder, CEO, and
Chairperson), Herald Chen (President and CFO), and KKR Denali
Holdings, L.P. (KKR Denali) holding all outstanding Class B super
voting common shares (20 votes per share) which provides roughly
79% voting control. AppLovin relies on NASDAQ controlled company
exemptions to avoid certain corporate governance requirements.
Accordingly, shareholders of AppLovin are not afforded the same
protections as shareholders of other NASDAQ-listed companies with
respect to corporate governance.

AppLovin's SGL-1 Speculative Grade Liquidity Rating reflects very
good liquidity with cash balances exceeding $1.5 billion after
funding the cash acquisition of MoPub, an undrawn $600 million
revolver, and adjusted free cash flow to debt in the mid-teen
percentage range over the next year. AppLovin has a multi-year
track record for maintaining very good cash balances and revolver
availability with only modest capital spending and working capital
requirements.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The stable outlook reflects Moody's expectation for solid organic
top line growth with adjusted EBITDA margins remaining above 20%
reflecting good demand across AppLovin's gaming and software
businesses. Moody's expects future acquisitions will be funded
primarily with excess cash and potential debt issuances will be
managed within the Ba3 rating.

Ratings could be upgraded if good revenue and profit growth lead to
adjusted debt to EBITDA being sustained comfortably below 3x and
AppLovin demonstrates a commitment to conservative financial
policies aided by continued reduction in KKR ownership. Liquidity
would also need to be very good with growing cash balances, good
conversion of EBITDA to free cash flow, and adjusted free cash flow
to debt consistently above 15%. Ratings could be downgraded if
Moody's expects AppLovin's adjusted debt to EBITDA will be
sustained above 4x due to underperformance or debt financed
distributions or acquisitions. Ratings could also be downgraded if
organic revenue growth slows consistently below the mid-single
digit percentage range reflecting underperformance related to
execution or competitive pressures. There would also be downward
pressure on ratings if liquidity deteriorates indicated by limited
cash balances or revolver availability or adjusted free cash flow
to debt falling to the mid-single digit percentage range, or if
Moody's expects more aggressive financial policies could result in
higher leverage, weakened adjusted free cash flow, or
distributions.

AppLovin Corporation, founded in 2011 with headquarters in Palo
Alto, CA, is a leader in the mobile game industry. In addition to
having acquired or partnered with a dozen mobile game development
studios since the beginning of 2018, the company provides
proprietary cloud-first tools to match buyers and sellers of mobile
advertising via auctions. AppLovin is publicly traded and a
controlled company with two company executives and KKR Denali
Holdings, L.P. holding 79% voting control. Moody's expects revenues
pro forma for recent acquisitions will approach $3.5 billion over
the next year.

The principal methodology used in these ratings was Business and
Consumer Services published in November 2021.


ASPIRA WOMEN'S: Tanya Sharman, Tanya Trust Hold 5.3% Equity Stake
-----------------------------------------------------------------
Tanya Schuler Sharman and Tanya Eva Schuler Trust disclosed in an
amended Schedule 13D filed with the Securities and Exchange
Commission that as of Nov. 29, 2021, they beneficially own
5,943,881 shares of common stock of Aspira Women's Health Inc.,
representing 5.3 percent based on a total of 112,126,549 Shares
outstanding as of Nov. 8, 2021, as reported by the Issuer in its
Form 10-Q filed by the Company with the SEC on Nov. 10, 2021.

On Nov. 29, 2021, a gift of 567,981 Shares was completed by the
Schuler Descendants Trust, for which Tanya Sharman serves as
co-trustee, to Schuler Grandchildren LLC.  Subsequent to this gift,
Schuler Descendants Trust no longer owns any Shares.

As sole trustee of the Tanya Trust, Tanya Sharman and the Tanya
Trust share the power to vote or to direct the vote, and the power
to dispose or to direct the disposition of, the Shares held by the
Tanya Trust.

A full-text copy of the regulatory filing is available for free
at:

https://www.sec.gov/Archives/edgar/data/926617/000114036122001612/brhc10032806_sc13da.htm

                    About Aspira Women's Health

ASPIRA formerly known as Vermillion, Inc. --
http://www.aspirawh.com-- is transforming women's health with the
discovery, development and commercialization of innovative testing
options and bio-analytical solutions that help physicians assess
risk, optimize patient management and improve gynecologic health
outcomes for women.  OVA1 plus combines its FDA-cleared products
OVA1 and OVERA to detect risk of ovarian malignancy in women with
adnexal masses.  ASPiRA GenetiXSM testing offers both targeted and
comprehensive genetic testing options with a gynecologic focus.
With over 10 years of expertise in ovarian cancer risk assessment
ASPIRA has expertise in cutting-edge research to inform its next
generation of products.  Its focus is on delivering products that
allow healthcare providers to stratify risk, facilitate early
detection and optimize treatment plans.

Aspira Women's reported a net loss of $17.90 million for the year
ended Dec. 31, 2020, a net loss of $15.24 million for the year
ended Dec. 31, 2019, and a net loss of $11.37 million for the year
ended Dec. 31, 2018.  As of Sept. 30, 2021, the Company had $48.05
million in total assets, $9.54 million in total liabilities, and
$38.50 million in total stockholders' equity.


AYRO INC: Appoints David Hollingsworth as Interim CFO
-----------------------------------------------------
The Board of Directors appointed David E. Hollingsworth as interim
chief financial officer of Ayro, Inc., effective as of Jan. 14,
2022, to serve until a successor is chosen and qualified, or until
his earlier resignation or removal.  Mr. Hollingsworth will also
serve as the Company's principal accounting officer and principal
financial officer.

Mr. Hollingsworth, 41, is a senior level accounting professional
with extensive experience in financial reporting, analysis,
regulation, and supervision.  Since March 2021, Mr. Hollingsworth
has served as a consultant with Bridgepoint Consulting, a provider
of financial, technology, and management consulting services, and
has served as the Company's controller under a consulting agreement
between the Company and Bridgepoint Consulting.  From January 2020
until March 2021, he served as controller at Wondercide LLC, a pest
control manufacturer, during which time he oversaw Wondercide's
financial team through growth of $8.9 million to $18.8 million.
Before that, he worked as a controller consultant at Bridgepoint
Consulting from October to December 2019.  From September 2018 to
September 2019, Mr. Hollingsworth served as financial controller of
CPI Products, a manufacturer of plastic products, where he oversaw
accounting and financial functions, directed human resources for
corporate staff at three manufacturing locations, and designed and
implemented department performance criteria and tracking.  From May
2015 until August 2018, Mr. Hollingsworth served as corporate
controller of Sunworks Inc, a provider of solar power systems.  Mr.
Hollingsworth holds a Master of Business Administration from Weber
State University and a Bachelor of Science degree in Accounting
from Brigham Young University - Idaho.

                  Chief Financial Officer Resigns

Curtis Smith, who served as the chief financial officer of AYRO,
resigned from his role as an officer and employee of the Company.

On Jan. 14, 2022, in connection with Mr. Smith's resignation, the
Company and Mr. Smith entered into a General Release and Severance
Agreement.  Pursuant to the Smith Severance Agreement, Mr. Smith
will be entitled to receive a cash separation payment in the amount
of $237,500, less applicable tax deductions and withholdings,
payable in a lump sum within eight days of Jan. 21, 2022.

The Smith Severance Agreement provides Mr. Smith the opportunity to
revoke his acceptance of the Smith Severance Agreement within eight
calendar days of the Smith Resignation Date, in which case the
Smith Severance Agreement will not be effective and will be deemed
void.

In exchange for the consideration provided to Mr. Smith in the
Smith Severance Agreement, Mr. Smith and the Company have agreed to
mutually waive and release any claims in connection with Mr.
Smith's hiring, compensation, benefits, employment, or separation
from employment with the Company.

In connection with the execution of the Smith Severance Agreement,
Mr. Smith's existing executive employment agreement, as amended,
was terminated; provided, however, that certain surviving customary
confidentiality provisions and related covenants remain in full
force and effect.  The Smith Severance Agreement also provides for
certain customary mutual covenants regarding confidentiality,
indemnification and non-disparagement.

Under the Smith Severance Agreement, the treatment of any
outstanding equity awards to Mr. Smith will be determined in
accordance with the terms of the Company's 2017 Long Term Incentive
Plan and the applicable award agreement.
  
         Termination of Chief of Business Development and
                     General Release Agreement

Effective as of Jan. 14, 2022, Brian Groh, who served as the
Company's chief of business development, terminated his engagement
with the Company.  As such, the independent contractor agreement
between the Company and 2196005 Ontario, Inc., an Ontario
corporation owned and controlled by Mr. Groh, dated Sept. 16, 2019
was terminated.

On Jan. 14, 2022, in connection with the termination of the Groh
Independent Contractor Agreement, the Company and Mr. Groh entered
into a General Release Agreement.  Pursuant to the Groh Release
Agreement, Mr. Groh will be entitled to receive a cash separation
payment in the amount of $237,500.00, payable in a lump sum
following the expiration of eight days following Jan. 14, 2022.

In exchange for the consideration provided to Mr. Groh in the Groh
Release Agreement, Mr. Groh and the Company have agreed to mutually
waive and release any claims in connection with Mr. Groh's
compensation, engagement, or cessation from engagement with the
Company.

In connection with the execution of the Groh Release Agreement, the
Groh Independent Contractor Agreement was terminated; provided,
however, that certain surviving customary confidentiality
provisions and related covenants remain in full force and effect.
The Groh Release Agreement also provides for certain customary
mutual covenants regarding confidentiality, indemnification and
non-disparagement.

Under the Groh Release Agreement, the treatment of any outstanding
equity awards to Mr. Groh will be determined in accordance with the
terms of the Company's 2017 Long Term Incentive Plan and the
applicable award agreement.

               Termination of Engagement of CMO and
                    General Release Agreement

Effective as of Jan. 14, 2022, Richard Perley, who served as the
Company's chief marketing officer, terminated his engagement with
the Company.  As such, the independent contractor agreement between
the Company and PerlTek, a corporation owned and controlled by Mr.
Perley, dated Aug. 27, 2018 was terminated.

On Jan. 14, 2022, in connection with the termination of the Perley
Independent Contractor Agreement, the Company and Mr. Perley
entered into a General Release Agreement.  Pursuant to the Perley
Release Agreement, Mr. Perley will be entitled to receive a cash
separation payment in the amount of $237,500, payable in a lump sum
following the expiration of eight days following Jan. 14, 2022.

In exchange for the consideration provided to Mr. Perley in the
Perley Release Agreement, Mr. Perley and the Company have agreed to
mutually waive and release any claims in connection with Mr.
Perley's compensation, engagement, or cessation from engagement
with the Company.

In connection with the execution of the Perley Release Agreement,
the Perley Independent Contractor Agreement was terminated;
provided, however, that certain surviving customary confidentiality
provisions and related covenants remain in full force and effect.
The Perley Release Agreement also provides for certain customary
mutual covenants regarding confidentiality, indemnification and
non-disparagement.

Under the Perley Release Agreement, the treatment of any
outstanding equity awards to Mr. Perley will be determined in
accordance with the terms of the Company's 2017 Long Term Incentive
Plan and the applicable award agreement.

                            About AYRO

Texas-based AYRO, Inc., f/k/a DropCar, Inc. -- http://www.ayro.com
-- engineers and manufactures purpose-built electric vehicles to
enable sustainable fleets.  With rapid, customizable deployments
that meet specific buyer needs, AYRO's agile EVs are an
eco-friendly microdistribution alternative to gasoline vehicles.

Ayro reported a net loss of $10.76 million for the year ended Dec.
31, 2020, a net loss of $8.66 million for the year ended Dec. 31,
2019, and a net loss of $18.75 million for the year ended Dec. 31,
2018. As of Sept. 30, 2021, the Company had $85.08 million in total
assets, $6.76 million in total liabilities, and $78.33 million in
total stockholders' equity.


BANTEC INC: Secures $53,750 in Funding From Sixth Street Lending
----------------------------------------------------------------
Bantec, Inc. entered into a convertible promissory note with Sixth
Street Lending, LLC in the principal amount of $53,750.

The note carries interest at the rate of 10%, matures on Jan. 11,
2023, and is convertible into shares of the company's common stock,
par value $0.0001, at the lender's election, after 180 days, at a
35% discount, provided that the lender may not own greater than
4.99% of the company's common stock at any time.

The company received funding under the note on Jan. 13, 2022.

                            About Bantec

Bantec, Inc., a product and service company, through its
subsidiaries and divisions, sells drones and related products
manufactured by third parties to various parties, including
facility managers, engineers, maintenance managers, purchasing
managers and contract officers who work for hospitals,
universities, manufacturers, commercial businesses, local and state
governments and the US Government. The Company also offers
technical services related to drone utilization.

Bantec reported a net loss of $1.88 million for the year ended
Sept. 30, 2021, compared to a net loss of $4.33 million for the
year ended Sept. 30, 2020.  As of Sept. 30, 2021, the Company had
$1.46 million in total assets, $16.25 million in total liabilities,
and a total stockholders' deficit of $14.80 million.

Boca Raton, Florida-based Salberg & Company, P.A., the Company's
auditor since 2017, issued a "going concern" qualification in its
report dated Jan. 7, 2022, citing that the Company has a net loss
and cash used in operations of $1,882,071 and $1,576,648
respectively, in fiscal 2021, and has a working capital deficit,
stockholders' deficit and accumulated deficit of $14,709,592,
$14,796,078 and $32,956,840 at Sept. 30, 2021.  These matters raise
substantial doubt about the Company's ability to continue as a
going concern.


BHCOSMETICS HOLDINGS: Files for Chapter 11 to Pursue Sale
---------------------------------------------------------
BHCosmetics Holdings, LLC and certain of its affiliates on Jan. 14,
2022, filed petitions for relief under Chapter 11 of the Bankruptcy
Code. BH Cosmetics intends to use the Chapter 11 process to
effectuate the sale of substantially all of its assets. This
announcement comes at the end of an extensive process by BH
Cosmetics to stabilize the system's financial position.

"We are making this move today to achieve maximum value for our
creditors and stakeholders.  The board of BH Cosmetics Holdings,
LLC has worked diligently to explore all strategic options and
determined that pursuing the sale of BH Cosmetics' assets is the
best path forward to maximize value for all of BH Cosmetics'
stakeholders," said Spencer M. Ware, BH Cosmetics' Chief
Restructuring Officer and Co-Chief Executive Officer.

"The makeup category has been in decline beginning with the
‘no-makeup makeup' trend and accelerating with Covid 19 mask
mandates in early 2020," said Pamela Baxter BH Cosmetics' Co-Chief
Executive Officer.  "Due to these circumstances, BH Cosmetics,
along with other makeup- specific brands have experienced
significant headwinds.  Additionally, rising material costs and
supply chain disruptions have impacted the results of the BH
Cosmetics business model.  After a comprehensive review with
outside advisors, BH Cosmetics determined that the chapter 11
process would be the most efficient way to restructure, maintain
brand equity, and facilitate the sale of BH Cosmetics' valuable
assets," said Spencer.

The United States Bankruptcy Court in and for the District of
Delaware will oversee an auction and sale process during which
other potential buyers will have an opportunity to submit offers to
acquire BH Cosmetics' assets.  Any transaction(s) will require
court approval.

In the meantime, BH Cosmetics will continue to offer its products
for sale on its website.

                     Stalking Horse Bid

According to a court filing, after extensive deliberations with
Hilco Streambank and the Debtors' other advisors regarding the
terms of an asset purchase agreement, the Debtors secured a
stalking horse agreement with RBI Acquisition Holdings, LLC, a
Delaware limited liability company, for the sale of a substantial
portion of the Assets, including a majority of the Debtors'
intellectual property and inventory.  The total cash consideration
for the Stalking Horse Bid is approximately $4.3 million, subject
to higher or otherwise better offers.

The Stalking Horse Bid, which the Debtors negotiated at
arm's-length with the assistance of Hilco Streambank and Debtors'
other professionals, will serve as a baseline from which all
prospective bidders will negotiate.  The Stalking Horse Bid
contemplates a sale of certain unexpired contracts, inventory, and
intellectual property. The Stalking Horse Bidder is responsible for
paying any cure costs related to the assumption and assignment of
contracts in accordance with the terms and conditions of the
Stalking Horse Bid. The Stalking Horse Bid includes various
customary representations and warranties by and from the Debtor and
the Stalking Horse Bidder, as well as certain conditions to closing
and rights of termination.

The Debtors will file a motion seeking approval of the Stalking
Horse Bid, as well as certain customary bidding protections in
favor of the Stalking Horse Bidder, such as an initial overbid
amount, and the Stalking Horse Bid includes provisions for the
payment of a break -up fee and capped expense reimbursement in the
event that the Stalking Horse Bidder is ultimately not the
successful purchaser of substantially all of the Debtors' assets.

The Debtors, with the assistance of Hilco Streambank, are
continuing to engage with potential purchasers of the Debtors'
Assets to ensure a robust and competitive Sale Process that
maximizes value for the Debtors' stakeholders.

At the outset of these proceedings, the Debtors will seek Court
authority to:

   (i) assume the agreement with SB360 to continue the sale of the
Inventory Assets, conduct a sale of the Debtors' furniture,
fixtures, and equipment at the Distribution Center (to the extent
that such Assets are not sold in connection with a sale under the
Debtors' proposed bidding procedures);

  (ii) assign certain accounts receivable under a factoring
agreement with SB360;

(iii) engage Hilco Streambank to conduct a sale of the IP Assets;


  (iv) establish and implement certain procedures for the sale of
de minimis assets; and

   (v) establish an auction and sale timeline for the sale of
Assets, including but not limited to Inventory Assets, IP Assets,
furniture, fixtures, and equipment , and other miscellaneous assets
that will allow the Debtors to implement certain bidding procedures
and maximize value for all interested parties in an efficient and
effective manner.

                     About BH Cosmetics

Originally launched in 2009, BH Cosmetics is a beauty brand
specializing in high quality, clean, vegan, and cruelty-free
cosmetics and other beauty products.  BH Cosmetics sells its
products on its Shopify e-commerce platform directly to consumers
and wholesale to various global retailers.

On Jan. 14, 2022, BHCosmetics Holdings, LLC and three of its
affiliates filed petitions seeking relief under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Lead Case No. 22-10050), to pursue
a sale of the assets.

BHCosmetics Holdings estimated assets and debt of $50 million to
$100 million as of the bankruptcy filing.

The Debtors tapped YOUNG CONAWAY STARGATT & TAYLOR, LLP, as
bankruptcy counsel; and RIVERON MANAGEMENT SERVICES, LLC, as
financial advisor.  TRAVERSE LLC provides the controller and other
accounting personnel.  SB360 CAPITAL PARTNERS LLC and HILCO IP
SERVICES, LLC are the sale and liquidation agents.  EPIQ CORPORATE
RESTRUCTURING, LLC, is the claims agent.


BITNILE HOLDINGS: Enters Into New Partnership With Ed Carpenter
---------------------------------------------------------------
BitNile Holdings, Inc. announced a new partnership with Ed
Carpenter Racing to serve as primary partner for the No. 20
Chevrolet in a two-year deal (subject to certain termination
provisions) as Ed Carpenter Racing welcomes back Conor Daly as the
full-time driver for the 2022 NTT INDYCAR SERIES season.  BitNile
will also serve as an associate sponsor on Ed Carpenter Racing's
second entry, the No. 21 Chevrolet.

The upcoming season will mark Daly's return to Ed Carpenter Racing
for a third year, though it will be his first as full-time driver
of the No. 20 BitNile Chevrolet.  Over the past eight years Conor
Daly, an Indiana native, has competed in 80 Indy car races.  The
2021 Indianapolis 500 proved a career highlight for the hometown
favorite as he paced the field for nearly a quarter of the race,
leading the most laps of all drivers.

Milton "Todd" Ault, III, the Company's executive chairman, stated,
"I've been a fan of Indy car racing for a long time, and it is
exciting to have the opportunity to team up with Ed Carpenter
Racing.  It's a natural fit for BitNile to invest in a small
Indiana business as we have a number of investments in the Midwest,
including our mining facilities."  He added, "BitNile operates with
a 'Risk On' philosophy where we believe risk is a key element to
winning.  Conor Daly and Ed Carpenter Racing share that mindset."

Next Wednesday, January 19, Messrs. Daly and Carpenter will be
guests on Mr. Ault's podcast, Risk On.  Viewers can watch a live
stream from the ECR shop on YouTube at 4 p.m. ET.  The 2022 NTT
INDYCAR SERIES season will begin on Sunday, Feb. 27, 2022 in St.
Petersburg, FL.

BitNile previously announced its plan to split into two public
companies by distributing the equity of Ault Alliance to its
stockholders.  Following the spin-off of Ault Alliance, the
Company, through its BitNile, Inc. subsidiary, will be a pure-play
provider of Bitcoin mining and data center operations, pursuing
DeFi-related initiatives.  Ault Alliance will maintain its focus on
the Company's legacy businesses and more recently initiated
operations, including lending and investing in the real estate and
distressed asset spaces as well as, among others, defense, and
power solutions, including electric vehicle charging products.

                      About BitNile Holdings

BitNile Holdings, Inc. (formerly known as Ault Global Holdings,
Inc.) is a diversified holding company pursuing growth by acquiring
undervalued businesses and disruptive technologies with a global
impact.  Through its wholly and majority-owned subsidiaries and
strategic investments, the Company owns and operates a data center
at which it mines Bitcoin and provides mission-critical products
that support a diverse range of industries, including
defense/aerospace, industrial, automotive, telecommunications,
medical/biopharma, and textiles.  In addition, the Company extends
credit to select entrepreneurial businesses through a licensed
lending subsidiary.  BitNile's headquarters are located at 11411
Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;
www.BitNile.com.

BitNile reported a net loss of $32.73 million for the year ended
Dec. 31, 2020, a net loss of $32.94 million for the year ended
Dec. 31, 2019, and a net loss of $32.98 million for the year ended
Dec. 31, 2018.  As of Sept. 30, 2021, the Company had $225.72
million in total assets, $24.74 million in total liabilities, and
$200.98 million in total stockholders' equity.


BLACKSTONE MORTGAGE: S&P Alters Outlook to Pos., Affirms 'B+' ICR
-----------------------------------------------------------------
S&P Global Ratings revised its outlook on Blackstone Mortgage Trust
Inc. (BXMT) to positive from stable. S&P also affirmed its 'B+'
long-term issuer credit rating and 'B+' senior secured debt
rating.

S&P said, "The positive outlook is based on our expectation that
the company will report stable operating results during 2022 while
continuing to navigate any obstacles that remain in commercial real
estate from the pandemic. The company has reported
better-than-expected earnings and stable portfolio performance
through 2021 while shifting originations more toward multifamily
where we see less relative risk. For the 12 months ended Sept. 30,
2021, 43% of loan originations were backed by multifamily
collateral. Preprovision operating earnings for 2020 totaled $308
million, compared with $307 million for 2019, and we expect a
material increase in 2021 and 2022 from growth in the company's
loan portfolio. In the first three quarters of 2021, preprovision
operating income was $248 million, compared with $230 million in
the first three quarters the prior year."

The company has also increased total liquidity during the
pandemic--to over $1.0 billion as of Sept. 30, 2021, from $751
million at year-end 2019. Total liquidity includes $211 million in
cash, $452 million available based on collateral currently pledged
to its secured agreements, and $395 million in liquidity from a
senior secured issuance that priced on Sept. 24, 2021, and had not
yet closed as of quarter-end.

The company has maintained access to capital markets throughout the
pandemic. During 2020, it issued securitized debt obligations for
net proceeds of $2.1 billion, term loan add-ons for net proceeds of
$315 million, and common stock for net proceeds of $278 million.
Last year, the company issued common stock for net proceeds of $312
million, secured debt for net proceeds of close to $700 million,
and securitized debt obligations for net proceeds of over $800
million. While repurchase agreements continue to make up a larger
share of funding for BXMT relative to higher-rated peers, the
company effectively managed liquidity risk through the past two
years despite tough credit conditions.

Office properties represent 50% of BXMT's $20.4 billion
on-balance-sheet loan portfolio. However, the quality of the
collateral supporting BXMT's first mortgage loans, and the quality
of the financial sponsors (which are the borrowers), will continue
to support loan performance, in S&P's view. While pressure remains
in the office market as a result of the pandemic, the company has
reported outperformance from a leasing perspective in its office
portfolio as high-quality, newer vintage, amenity-filled office
space has had more stable demand.

In 2020, the company recorded $173.6 million in current expected
credit loss reserves, though only approximately $70 million is due
to two impaired loans. The reserve for impaired loans has not
changed since June 2020.

S&P said, "The positive outlook reflects our expectation that over
the next year, BXMT--helped by the rebounding economy--will report
mostly stable asset quality trends while maintaining adequate
liquidity and leverage of 3.0x-4.0x, as measured by debt to
adjusted total equity. Pandemic-related changes in commercial real
estate, such as in the office market, may still create challenges
for the company and other lenders in the next few years, but we
expect it to work through those while maintaining leverage,
funding, and liquidity around current levels.

"We could revise the outlook to stable in the next six to 12 months
if asset quality deteriorates or if BXMT does not maintain adequate
liquidity, in our view. We could also downgrade the company if
leverage rises above 4.5x.

"We could raise the rating on BXMT over the next 12 months if we
see clear signs that portfolio credit quality remains stable and if
the company maintains leverage in line with our expectations."



BOSTON ROAD: Unsecured Creditors Will Get 30% of Claims in 5 Years
------------------------------------------------------------------
Boston Road Service & Charter Corp. filed with the U.S. Bankruptcy
Court for the District of Massachusetts a Chapter 11 Subchapter V
Plan of Reorganization dated Jan. 10, 2022.

The Debtor's business, which is tied to the travel and
entertainment industry, was operating successfully until demand for
the company's services plummeted with the onset of the Covid-19
pandemic. As a result, the Debtor fell behind on its payments to
creditors. This Chapter 11 case was filed to address the impending
repossession of the Debtor's charter buses by its secured
creditors.

The Plan contemplates that the Debtor will stay in business and
return to positive cash flow. Under the Plan: (i) leases are
amended and assumed with new affordable payments; (ii) Allowed
Secured Claims are paid in full based on the value of the security;
(iii) Allowed Administrative and Priority Claims are paid in full;
and (iii) the Debtor's projected disposable income is submitted to
the payment of Allowed General Unsecured Claims over a 60 month
period from the Effective Date of the Plan.

The Plan constitutes the Debtor's best efforts to repay creditors.
Unsecured creditors would likely receive nothing if the Debtor were
forced to liquidate.

Class 4 is comprised of all holders of Allowed General Unsecured
Claims against the Debtor. Based upon the Proofs of Claim that have
been filed and the Debtor's Schedules, the Debtor estimates that
there will be approximately $482,477.00 in Allowed Class 4 Claims
(including the SBA).

In full and complete settlement, satisfaction and release of all
Allowed Class 4 Claims, each holder of an Allowed Class 4 Claim
shall receive its pro rata share of all of the Debtor's projected
net disposable income over the five-year period following the
Effective Date. Based on the Budget, the Debtor anticipates such
amount to be approximately $144,000, and therefore projects that
the total distribution to Class 4 Claimants will be approximately
thirty percent (30%) of the allowed amount of such claim.

Payments on account of Allowed Class 4 Claims shall be made
quarterly, within the first ten days of each quarter, beginning in
the second quarter of 2023, which is when the Budget anticipates
the Debtor will have positive net cash flow, and shall be based on
the actual net disposable income from that quarter. Class 4 is
impaired.

Class 5 consists of Equity Interests. Gilmaris Ocasio, who is the
sole equity interest holder of the Debtor, shall receive no
distribution under the Plan on account of such interests, but will
retain unaltered, the legal, equitable and contractual rights to
which such interests were entitled as of the Petition Date.

The Plan will be funded from the Debtor's future earnings and
income. Upon the Effective Date, the Debtor is authorized to take
all action permitted by law, including, without limitation, to use
its cash and other assets for all purposes provided for in the Plan
and in its business operations, and to borrow funds and to transfer
funds for any legitimate purpose.

A full-text copy of the Subchapter V Plan of Reorganization dated
Jan. 10, 2022, is available at https://bit.ly/3qsyChE  from
PacerMonitor.com at no charge.

Counsel for the Debtor in Possession:

     David B. Madoff, Esq.
     Steffani M. Pelton (BBO#666470)
     Madoff & Khoury LLP
     Suite 400, 6000 Poplar Avenue
     124 Washington Street
     Foxboro, MA 02035
     Tel.: 508-543-0040
     Email: madoff@mandkllp.com

                     About Boston Road Service

Boston Road Service & Charter Corp. is a Massachusetts company that
owns and operates a charter bus service out of its offices located
at 144 Devon Street, Taunton, MA.  It is run by its sole officer
and shareholder, Gilmaris Ocasio, and her husband, Pedro Nevarez.

Boston Road Service & Charter Corp. filed a petition for Chapter 11
protection (Bankr. D. Mass. Case No. 21-11491) on Oct. 14, 2021,
listing up to $1 million in assets and up to $10 million in
liabilities.  Gilmaris Ocasio, president, signed the petition.
Judge Frank J. Bailey oversees the case.  The Debtor tapped David
B. Madoff, Esq., at Madoff & Khoury, LLP as legal counsel.


BRADBURY LOGISTICS: Feb. 16 Plan Confirmation Hearing Set
---------------------------------------------------------
On Jan. 5, 2022, Debtor Bradbury Logistics & Services, LLC filed
with the U.S. Bankruptcy Court for the Middle District of Georgia a
Chapter 11 Plan of Reorganization. On January 6, 2022, Judge James
P. Smith ordered that:

     * Feb. 16, 2022 at 11:00 AM in Courtroom A, Macon, GA is the
hearing on confirmation of the Plan.

     * Feb. 9, 2022 is fixed as the last day for filing written
acceptances or rejections of the Plan.

     * Feb. 9, 2022 is fixed as the last day for filing and serving
written objections to the confirmation of the Plan.

A full-text copy of the order dated Jan. 06, 2022, is available at
https://bit.ly/33lF9BZ from PacerMonitor.com at no charge.

Debtor's Counsel:

     Wesley J. Boyer, Esq.
     Boyer Terry, LLC
     348 Cotton Avenue, Suite 200
     Macon, GA 31201
     Phone: (478) 742-6481
     Email: Wes@BoyerTerry.com

                About Bradbury Logistics & Services

Bradbury Logistics & Services, LLC filed a petition for Chapter 11
protection (Bankr. M.D. Ga. Case No. 21-50923) on Oct. 7, 2021,
listing as much as $1 million in both assets and liabilities. Judge
James P. Smith oversees the case.  Wesley J. Boyer, Esq., at Boyer
Terry, LLC represents the Debtor as legal counsel.


BROOKFIELD WEC: Fitch Alters Outlook on 'B' LT IDRs to Positive
---------------------------------------------------------------
Fitch Ratings has affirmed Brookfield WEC Holdings Inc's and
Brookfield WEC Holdings Sub-Aggregator LP's (WEC; operating under
the name Westinghouse Electric Company) Long-Term Issuer Default
Ratings at 'B'. The Rating Outlook was revised to Positive from
Stable. Fitch also affirmed WEC's asset-based lending (ABL)
facility at 'BB'/'RR1' along with the senior secured revolving
credit facility (RCF) and term loan at 'B+'/'RR3'.

KEY RATING DRIVERS

Positive Outlook: The Outlook revision reflects Fitch's revised
expectations that growth in the business outside of legacy plant
projects will be sustainably positive around the low-single digits,
supporting earnings and cash flow stability, leverage will decline
and remain in the low- to mid-4.0x range and that EBITDA margins
will improve to the low-20% range in 2021 and remain steady. Fitch
will monitor the company's ability to continue to execute on growth
strategies and profitability as WEC's core nuclear energy market
faces secular pressures.

Improving Growth Prospects: Fitch has revised its long-term growth
expectations mildly higher, sustaining in the low-single digits,
following good execution on growth strategies and new contract
wins. Growth expectations are still weighed against WEC's
concentration in the nuclear energy market that continues to face
long-term pressure in core U.S. and Western European geographies,
though there are some early signs of moderation given clean energy
goals globally and energy supply challenges in Europe.
Historically, nuclear energy has been under pressure from lower
priced competing energy sources and political and regulatory
resistance, particularly within the U.S. and Western Europe. These
core geographies make up a high majority of WEC's revenue.

Operational Restructuring Improves Margins: Fitch expects
profitability to improve in 2021, with EBITDA margins surpassing
20%, up from just under 18% in 2019. The improvement is a result of
WEC's substantial profit improvement program, which has achieved
its $200 million incremental savings target (vs 2019). These
savings are weighed against the decline in new plant projects that
have higher than company average margins. Meanwhile WEC's
environmental services business is growing quickly but has not yet
achieved profitability, though the segment has high operating
leverage and continued growth in scale should support improving
margins.

Modest Deleveraging Anticipated: Based on the success of WEC's
profit improvement program, Fitch believes debt/EBITDA will decline
from 4.7x at fiscal YE 2020 to about 4.4x in 2021 and remain in the
low- to mid-4.0x range going forward. This is consistent with 'B'
category issuers in the diversified industrial sector. These
expectations are balanced with distributions to the private equity
sponsor, Brookfield Asset Management and ongoing bolt-on M&A. These
priorities are not expected to increase leverage, though a more
aggressive stance could pressure credit quality.

Leading Market Position and Technology: WEC has a leading
technology position in the commercial nuclear reactor space, with
approximately half of the world's nuclear reactors running on its
technology. These reactors were either built by WEC or other
companies that licensed WEC's technology. In the U.S. and Europe,
the company has a top one or top two market position in nuclear
plant services, benefiting from intellectual property, technical
expertise, intense regulations, high switching costs and an
extended fuel licensing process. The company also has a presence in
China, where much of the world's growth in nuclear energy
generation is expected, though there is a risk of increased
competition from local firms.

High Recurring Revenue Base: WEC benefits from a solid recurring
revenue base supported by multiyear contracts and regular
maintenance requirements. Fitch estimates that over two-thirds of
profitability is driven by regularly recurring refueling and
maintenance outages serviced under contracts generally ranging from
10-15 years for fuel and three to five years for outage services.
These refueling cycles drive some volatility in performance yoy,
though the risk is moderated by the regulatory-driven
predictability of these cycles.

Good Financial Flexibility: WEC's flexibility is supported by
expectations of solid liquidity and FCF generation. FFO interest
coverage is expected to remain around mid-3.0x range over next
couple years as a result of improving margins and lower
restructuring costs, which is higher than the 'B' category midpoint
for diversified industrial firms. Capital deployment plans are
expected to be focused on internal growth investment and small
acquisitions as priority with residual cash flow expected to be
returned to the sponsor, Brookfield Asset Management. However,
given WEC's concentrated ownership, changes to financial policies
remain an ever-present risk.

DERIVATION SUMMARY

WEC's ratings reflect its leading market position servicing the
nuclear reactor market, strong technological capabilities,
recurring demand-focused offering and prospects of improving
profitability. These factors are weighed against its concentration
in the nuclear energy market, which has faced secular challenges in
core geographies and execution risks associated with its growth
strategies. From a financial profile perspective, WEC's EBITDA
margins are expected to exceed 20% and are relatively strong
compared with 'B' category industrial issuers. Debt/EBITDA trending
toward the low- to mid-4.0x range is consistent with the rating
category.

KEY ASSUMPTIONS

Fitch's key assumptions within the Agency's rating case for the
issuer include:

-- Organic revenue growth, excluding New Plant Projects, is
    positive in the low-single digits reflecting its demonstrated
    execution on growth plans;

-- EBITDA margins improve in 2021, reaching the low-20% range due
    to success in its profit improvement programs. It is able to
    maintain margins around this level;

-- The company does not incur debt to finance shareholder
    distributions;

-- No large-scale transactions such as the sale of WEC or a
    large-scale acquisition is assumed.

Recovery Analysis

The recovery analysis for a hypothetical future bankruptcy assumes
that WEC would be considered a going concern (GC) in bankruptcy and
that the company would be reorganized rather than liquidated. Fitch
has assumed a 10% administrative claim.

The GC EBITDA estimate of $440 million reflects Fitch's view of a
sustainable post-reorganization EBITDA level, upon which the agency
bases the valuation of the company. The GC EBITDA reflects the
secular challenges facing the industry, including a long-term
decline in the nuclear industry, and the potential for significant
liabilities arising from nuclear or environment incidents. The
estimate also reflects Fitch's assumption that WEC can mitigate
adverse conditions with additional cost reductions. The GC EBITDA
is about 35% below forecast 2021 EBITDA.

An enterprise value multiple of 6.0x is used to calculate a
post-reorganization valuation and reflects several factors. The
recent bankruptcy exit multiple for WEC, based on the $3.8 billion
purchase price by Brookfield (including transaction costs) was 9.0x
based on fiscal 2017 EBITDA, and 7.0x based on fiscal 2018 EBITDA.
In addition, the 2018 acquisition of WEC's key competitor,
Framatome, was completed at approximately 8x EBITDA.

The ABL facility and first-lien RCF are assumed to be fully drawn
upon default. The ABL facility is senior to the first-lien RCF and
term loans.

The waterfall results in a 'RR1' Recovery Rating for the ABL
facility of $200 million, representing outstanding recovery
prospects. The waterfall also indicates a 'RR3' for the first-lien
RCF of $200 million and term loan of $3 billion, corresponding to
good recovery prospects.

RATING SENSITIVITIES

Factors that could, individually or collectively, lead to positive
rating action/upgrade:

-- Maintenance of backlogs and contract renewals which supports
    earnings and cash flow stability;

-- WEC demonstrates sustainably positive organic growth outside
    of legacy plant projects;

-- WEC adheres to a disciplined financial policy supporting
    debt/EBITDA maintained below 4.5x and FFO interest coverage is
    sustained above 3.0x.

Factors that could, individually or collectively, lead to negative
rating action/downgrade:

-- Decline in backlogs and contract renewals which erodes
    earnings and cash flow stability;

-- An aggressive financial policy leads to debt/EBITDA maintained
    above 5.5x and FFO interest coverage is sustained below 2.0x;

-- Heightened liquidity risk as a result of a 50% reduction in
    credit line availability.

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Non-Financial Corporate
issuers have a best-case rating upgrade scenario (defined as the
99th percentile of rating transitions, measured in a positive
direction) of three notches over a three-year rating horizon; and a
worst-case rating downgrade scenario (defined as the 99th
percentile of rating transitions, measured in a negative direction)
of four notches over three years. The complete span of best- and
worst-case scenario credit ratings for all rating categories ranges
from 'AAA' to 'D'. Best- and worst-case scenario credit ratings are
based on historical performance.

LIQUIDITY AND DEBT STRUCTURE

WEC's liquidity is supported by $331 million of cash and
equivalents in addition to availability under its $200 million ABL
revolver and $200 million cash flow revolver. The two revolvers
were undrawn though there were several LOCs outstanding against
these facilities and the $479 million LOC facility at Sept. 30,
2021. Debt maturities are manageable, with $30 million of annual
term loan amortization and the two revolving facilities maturing
first in June 2026, with a springing trigger to May 2025.

ISSUER PROFILE

Westinghouse Electric Company provides a variety of engineering
services, nuclear fuel and various components for nuclear power
plants globally. It was acquired out of bankruptcy by Brookfield
Asset Management in 2018.


CAMBER ENERGY: Gets Extension to File Delayed Reports Until Feb. 15
-------------------------------------------------------------------
Camber Energy, Inc. received a letter from the NYSE American on
Jan. 14, 2022, in response to the Company's request for an
extension of the date by which the Company is to file outstanding
financial reports.

The Company is not in compliance with the Exchange's continued
listing standards as set forth in Section 1007 of the NYSE American
Company Guide given the Company failed to timely file the following
reports: (i) Form 10-K for the 9-month transition period ended Dec.
31, 2020; (ii) Form 10-Q for the period ended March 31, 2021; (iii)
Form 10-Q for the period ended June 30, 2021; and (iv) Form 10-Q
for the period ended Sept. 30, 2021.  The Filing Delinquency will
be cured via the filing of the Delayed Reports.

The Company intended to remedy the Filing Delinquency on or before
Jan. 14, 2022, however due to certain circumstances requested the
Exchange grant the Company a brief extension of time by which to
file the Delayed Reports.  The Exchange accepted the Company's
request and has allowed the Company until Feb. 15, 2022 to file the
Delayed Reports.

If the Company is unable to cure the delinquency by Feb. 15, 2022,
the Company may request an additional extension up to the maximum
cure period of May 20, 2022.  NYSE Regulation staff will review the
Company periodically for compliance with adherence to the
milestones in the plan.  In addition, if the Company does not make
progress consistent with the plan during the plan period or if the
Company does not complete its Delayed Filings and any subsequently
delayed filings with the SEC by the end of the maximum 12-month
cure period on May 20, 2022, Exchange staff will initiate delisting
proceedings as appropriate.  The Company may appeal a staff
delisting determination in accordance with Section 1010 and Part 12
of the Company Guide.

Receipt of the letter does not have any immediate effect on the
listing of the Company's shares on the Exchange, except that until
the Company regains compliance with the Exchange's listing
standards, a "BC" indicator will be affixed to the Company's
trading symbol.  The Company's business operations and SEC
reporting requirements are unaffected by the notification, provided
that if the Filing Delinquency is not cured then the Company will
be subject to the Exchange's delisting procedures.

The Company is committed to filing the Delayed Reports to achieve
compliance with the Exchange's requirements, and, although there
are no guarantees it will do so, the Company expects to file the
Delayed Reports on or before Feb. 15, 2022.

                        About Camber Energy

Based in Houston, Texas, Camber Energy -- http://www.camber.energy
-- is primarily engaged in the acquisition, development and sale of
crude oil, natural gas and natural gas liquids from various known
productive geological formations, including from the Hunton
formation in Lincoln, Logan, Payne and Okfuskee Counties, in
central Oklahoma; the Cline shale and upper Wolfberry shale in
Glasscock County, Texas; and Hutchinson County, Texas, in
connection with its Panhandle acquisition which closed in March
2018.

Camber Energy reported a net loss of $3.86 million for the year
ended March 31, 2020, compared to net income of $16.64 million for
the year ended March 31, 2019.  As of Sept. 30, 2020, the Company
had $11.79 million in total assets, $32.48 million in total
liabilities, $38 million in temporary equity, and a total
stockholders' deficit of $58.68 million.

Marcum LLP, in Houston, Texas, the Company's auditor since 2015,
issued a "going concern" qualification in its report dated June 29,
2020, citing that the Company has incurred significant losses from
operations and had an accumulated deficit as of March 31, 2020 and
2019.  These factors raise substantial doubt about its ability to
continue as a going concern.


CLUBHOUSE MEDIA: Signs $120K Note Purchase Deal With Fast Capital
-----------------------------------------------------------------
Clubhouse Media Group, Inc. entered into a securities purchase
agreement, dated as of Jan. 10, 2022, with Fast Capital, LLC.  

Pursuant to the terms of the SPA, Clubhouse agreed to issue and
sell, and the buyer agreed to purchase, a 10% convertible note in
the aggregate principal amount of $120,000.  The note has an
original issue discount of $10,000, resulting in gross proceeds to
Clubhouse of $110,000.

The note bears interest at a rate of 10% per annum and matures on
Jan. 10, 2023.  It may be prepaid or assigned with the following
penalties/premiums:

  Prepay Date              Prepay Amount
  -----------              -------------
  On or before 30 days     115% of principal plus accrued interest
  31 – 60 days             120% of principal plus accrued
interest
  61 – 90 days             125% of principal plus accrued
interest
  91 – 120 days            130% of principal plus accrued
interest
  121 – 150 days           135% of principal plus accrued
interest
  151 – 180 days           140% of principal plus accrued
interest

The note may not be prepaid after the 180th day.

The buyer has the right from time to time, and at any time after
180 days to convert all or any part of the outstanding and unpaid
principal amount of the note into common stock, subject to a 4.99%
equity blocker.

The conversion price of the note equals 70% of the lowest trading
price of Clubhouse's common stock for the 20 prior trading days,
including the day upon which a notice of conversion is delivered.

                       About Clubhouse Media

Las Vegas, Nevada-based Clubhouse Media Group, Inc. operates a
global network of professionally run content houses, each of which
has its own brand, influencer cohort and production capabilities.
The Company offers management, production and deal-making services
to its handpicked influencers, a management division for individual
influencer clients, and an investment arm for joint ventures and
acquisitions for companies in the social media influencer space.
Its management team consists of successful entrepreneurs with
financial, legal, marketing, and digital content creation
expertise.

Clubhouse Media reported a net loss of $2.58 million for the year
ended Dec. 31, 2020, compared to a net loss of $74,764 for the year
ended Dec. 31, 2019.  As of Sept. 30, 2021, the Company had $1.70
million in total assets, $7.95 million in total liabilities, and a
total stockholders' deficit of $6.25 million.

Spokane, Washington-based Fruci & Associates II, PLLC, the
Company's auditor since 2020, issued a "going concern"
qualification in its report dated March 15, 2021, citing that the
Company has net losses and negative working capital.  These factors
raise substantial doubt about the Company's ability to continue as
a going concern.


CUSTOM TRUCK: Acquires HiRail Leasing Group for $46 Million
-----------------------------------------------------------
Custom Truck One Source, Inc. has completed the acquisition of
HiRail Leasing, Northshore Rail Contracting and Heavy Equipment
Repairs for $46.0 million, subject to fleet and other customary
purchase price adjustments.

With over 600 rental units, HiRail is among the largest rail
equipment rental providers in Canada and serves Canada's leading
railways and rail contractors.  HiRail's two locations in Ontario
and Alberta will also extend Custom Truck's geographic reach in the
region.  HiRail has a diverse rental fleet including light duty,
medium duty and heavy-duty trucks fitted with a wide array of
attachments including rail gear, grapples, knuckles, mechanic and
welding equipment and snowplows and also provides complementary
upfitting and repair services.

"We are excited to welcome HiRail to the Custom Truck team," said
Custom Truck CEO Fred Ross.  "This acquisition allows us to
accelerate growth in our core rental business.  We will leverage
our one stop shop capabilities in rental, sales, equipment
upfitting, and service to meet the critical equipment needs of new
and existing customers across Canada.  We are impressed with the
business HiRail has built in Canada and look forward to working
with all of their existing employees."

"HiRail has earned the trust of Canada's leading rail customers by
providing reliable, best-in-class service for over thirty years,"
Ryan McMonagle, Custom Truck president & COO said.  "We look
forward to carrying on that tradition and building on that
reputation to expand our presence in Canada and to support our
customers, employees and communities."

The HiRail acquisition was financed with cash on hand as well as
drawings on Custom Truck's existing credit facility.

                      About Custom One Truck

Custom Truck One Source, Inc. (formerly known as Nesco Holdings,
Inc.) is a provider of specialty equipment, parts, tools,
accessories and services to the electric utility transmission and
distribution, telecommunications and rail markets in North America.
CTOS offers its specialized equipment to a diverse customer base
for the maintenance, repair, upgrade and installation of critical
nfrastructure assets, including electric lines, telecommunications
networks and rail systems.  The Company's coast-to-coast rental
fleet of more than 8,800 units includes aerial devices, boom
trucks, cranes, digger derricks, pressure drills, stringing gear,
hi-rail equipment, repair parts, tools and accessories. For more
information, please visit investors.customtruck.com

The Company reported net losses of $21.28 million in 2020, $27.05
million in 2019, and $15.53 million in 2018.  As of Sept. 30, 2021,
the Company had $2.68 billion in total assets, $416.61 million in
total current liabilities, $1.41 billion in total long-term
liabilities, and $857.50 million in total stockholders' equity.


CYBER LITIGATION: Updates Tort Damages Claim Pay Details
--------------------------------------------------------
Cyber Litigation Inc. submitted a Disclosure Statement for a Second
Amended Chapter 11 Plan of Liquidation dated Jan. 10, 2022.

The Plan is a plan of liquidation which, among other things,
provides for the transfer of the remaining assets and Causes of
Action of the Estate into the Plan Trust for the Plan Trustee to
direct the liquidation of such remaining assets and prosecution of
such Causes of Action.

In this Chapter 11 Case, the Debtor has already liquidated
substantially all of its assets, including, without limitation, the
postpetition Bankruptcy Court-approved sales of the Debtor's assets
to Codium and Deduce, but excluding Causes of Action and Avoidance
Actions that have not been previously settled or waived. The Debtor
has also already repaid its DIP Facility Claims in full in Cash.

The net proceeds remaining from such prior liquidations and
resolutions of certain Causes of Action and Avoidance Actions,
together with the net proceeds from sales or other disposition of
the remaining assets (including, without limitation, recovery of
the Estate's claim, if any, to the assets of Adam Rogas' seized by
the government), and prosecution of Causes of Action and Avoidance
Actions of the Estate after the Effective Date, will be used to
fund recoveries under the Plan to creditors of the Debtor.

With respect to Secured Claims (in Class 1), all such Claims will
receive the value of any collateral securing such Claims, and are
therefore are deemed Unimpaired under the Plan. For the avoidance
of doubt, the Debtor is presently unaware of any Secured Claims.

With respect to Other Priority Claims (in Class 2) and General
Unsecured Claims (in Class 3), all such claims will be paid in full
upon the Effective Date through the Plan. As such, these claims are
deemed unimpaired under the Plan.

Generally under the Plan, Tort Damages Claims (in Class 4) will
receive their Pro Rata distributions of Net Distributable Assets
from and after the Effective Date, once all such assets have been
reduced to Cash. The Net Distributable Assets are net of amounts
necessary to fund the payment of, as applicable and except as
otherwise agreed by the Holders of such Claims, Allowed
Administrative Expense Claims, Priority Tax Claims, Other Priority
Claims, General Unsecured Claims and Trust Expenses of the Debtor,
and/or any reserves established for the foregoing.

The estimated recovery range for Class 4 (Tort Damages Claims) does
not incorporate the benefit to nonSupporting Sponsors of the Plan
Settlement contained in Article V.B of the Plan, pursuant to which
the Supporting Sponsors will not participate in the first $1.5
million of Net Distributable Assets and shall not be entitled a
catch-up Plan Distribution on account of such $1.5 million. As a
result, the range of potential recoveries by holders of Allowed
Class 4 Claims who are not Supporting Sponsors could be higher,
according to a footnote in the Disclosure Statement.

The source of all distributions and payments under the Plan will be
the Distributable Assets and the proceeds thereof, including the
Debtor's Cash on hand and proceeds from the sale or other
disposition of the Debtor's assets and the Plan Trust Assets,
including the prosecution of Causes of Action. Distributions to the
Holders of Allowed Professional Fee Claims, General Unsecured
Claims, Administrative Expense Claims, Priority Tax Claims, and
Other Priority Claims will be funded by the Debtor's Estate on the
Effective Date or as soon as practicable thereafter. Allowed Tort
Damages Claims will be funded entirely from Plan Trust Assets
consisting of Net Distributable Assets.

A full-text copy of the Disclosure Statement dated Jan. 10, 2022,
is available at https://bit.ly/33HdWtu  from PacerMonitor.com at no
charge.

Counsel for Debtor:

     BLANK ROME LLP
     Stanley B. Tarr (No. 5535)
     Josef Mintz (No. 5644)
     1201 N. Market St., Suite 800
     Wilmington, DE 19801
     Telephone: (302) 425-6400
     Facsimile: (302) 425-6464
     E-mail: tarr@blankrome.com
             mintz@blankrome.com

            -and-

     John Lucian
     One Logan Square
     130 N. 18th Street
     Philadelphia, Pennsylvania 19103
     Telephone: (215) 569-5500
     Facsimile: (215) 569-5555
     Email: lucian@blankrome.com

            -and-

     COOLEY LLP
     Michael Klein
     Joseph Brown
     Jared Kasner
     55 Hudson Yards
     New York, New York 10001
     Telephone: (212) 479-6000
     Facsimile: (212) 479-6275
     E-mail: mklein@cooley.com
             jbrown@cooley.com  
             jkasner@cooley.com

           - and -

     Cullen D. Speckhart
     1299 Pennsylvania Avenue, NW, Suite 700
     Washington, DC 20004-2400
     Telephone: (202) 842-7800
     Facsimile: (202) 842-7899
     Email: cspeckhart@cooley.com

                   About NS8 Inc.

Las Vegas-based NS8 Inc. -- https://www.ns8.com -- is a developer
of a comprehensive fraud prevention platform that combines
behavioral analytics, real-time scoring, and global monitoring to
help businesses minimize risk.

NS8 sought Chapter 11 protection (Bankr. D. Del. Case No. 20 12702)
on October 27, 2020. The petition was signed by Daniel P. Wikel,
the chief restructuring officer.

The Debtor was estimated to have $10 million to $50 million in
assets and $100 million to $500 million in liabilities at the time
of the filing.

Judge Craig T. Goldblatt replaced the Honorable Christopher S.
Sontchi as the case judge.  The Debtor tapped Blank Rome LLP and
Cooley LLP as its legal counsel, and FTI Consulting Inc. as its
financial advisor. Stretto is the claims agent.

                          *     *     *

The company changed its name to Cyber Litigation after selling
substantially all of its assets to Codium Software LLC in December
2020.


DIAMOND SPORTS: S&P Downgrades ICR to 'CC' on Restructuring Plans
-----------------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on Diamond
Sports Group LLC and the issue-level ratings on its existing senior
secured debt to 'CC' from 'CCC'.

Diamond Sports Group announced plans to raise a new $600 million
first-priority term loan that will rank ahead of its existing
senior secured first-lien debt.

S&P said, "We consider the proposed transactions tantamount to
default because the existing secured debt will have a more junior
rank. In addition, absent the proposed transactions, we view the
company's capital structure as unsustainable given secular
challenges facing regional sports, its heavy debt burden of more
than $8 billion, and our expectation for negative discretionary
cash flow over the next few years. Given declining linear
distribution revenue, rising sports programming costs, and
investments in its planned direct-to-consumer (DTC) streaming
service, we have concerns about a potential liquidity shortfall in
the second half of 2022 or first half of 2023 absent new
financing."

If Diamond Sports Group completes the proposed transactions, it
could extend the liquidity runway while it scales its DTC streaming
service. Under the proposed transactions, Diamond Sports Group
would receive an incremental $600 million of capital and defer a
portion of the management fees it pays to Sinclair Television Group
Inc. The company recently renewed its rights agreements with the
National Basketball Association (NBA) and National Hockey League
(NHL), which will allow it to offer streaming content on an
authenticated and DTC basis. These streaming rights, along with
those of four Major-League Baseball (MLB) teams, will support the
launch of its DTC streaming service in the first half of 2022.
However, the pricing and contract terms, how quickly it can
increase the subscriber base, and to what extent it will
cannibalize its existing regional sports network (RSN) subscriber
base are uncertain.

S&P said, "The negative outlook reflects our expectation that we
will lower our issuer credit rating on Diamond Sports Group to 'SD'
upon completion of the proposed financing and exchange offer.

"We would lower the issuer credit rating on the company to 'SD'
upon completion of the proposed financing and exchange offer.
Immediately thereafter, we would raise our rating such that it
reflects the ongoing risk of a conventional default or future
distressed restructurings.

"While unlikely, we could raise our issuer credit rating if the
company does not proceed with the proposed debt restructuring."



DIOCESE OF CAMDEN: $1.6M Sale of Sicklerville Property to NHRS OK'd
-------------------------------------------------------------------
Judge Jerrold N. Poslusny, Jr., of the U.S. Bankruptcy Court for
the District of New Jersey authorized The Diocese of Camden, New
Jersey's sale of the real property located at 1000 Williamstown
Road, in Sicklerville, New Jersey 08081 (Block 18302, Lot 1 on the
official tax map of the Township of Gloucester, County of Camden,
State of New Jersey) to BHRS Group LLC for $1,595,000.

The sale is free and clear of all liens, claims, interests and
encumbrances, with any valid liens, claims, interests and
encumbrances to attach to the proceeds of the Sale.

Pursuant to Bankruptcy Code sections 363(b) and 365(a), the Diocese
is authorized to sell and transfer its interest in the Property
pursuant to and in accordance with the terms and conditions of the
Agreement and to take all other actions as are necessary to
effectuate all of the terms thereof and to consummate the
transactions contemplated therein.

The sale and/or transfer of the Property is in furtherance of a
plan of reorganization or liquidation in the Bankruptcy Cases and,
as a result, the sale and/or transfer of the Property is exempt
from any state or local realty transfer tax or similar tax pursuant
to 11 U.S.C. Section 1146(a).   

The Sale approved by the Order is not subject to avoidance or the
imposition of costs and damages pursuant to Bankruptcy Code section
363(n).

The Order will be effective immediately upon entry, and the stay
provisions of Bankruptcy Rules 6004(h) and 6006(d) are waived in
their entirety.

                   About The Diocese of Camden

The Diocese of Camden, New Jersey is a non-profit religious
corporation organized pursuant to Title 16 of the Revised Statutes
of New Jersey. It is the secular legal embodiment of the Roman
Catholic Diocese of Camden, a juridic person recognized under
Canon
Law.

The Diocese of Camden sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.N.J. Case No. 20-21257) on Oct. 1, 2020.
Reverend Robert E. Hughes, vicar general and vice president,
signed
the petition. In the petition, the Debtor disclosed total assets
of
$53,575,365 and liabilities of $25,727,209.

Judge Jerrold N. Poslusny Jr. oversees the case.

The Debtor tapped McManimon, Scotland & Baumann, LLC, as its
bankruptcy counsel, Eisneramper, LLP, as financial advisor, Cooper
Levenson P.A. and Duane Morris LLP as special counsel. Prime Clerk
LLC is the Debtor's claims and noticing agent and administrative
advisor.

The U.S. Trustee for Regions 3 and 9 appointed an official
committee of unsecured trade creditors in the Debtor's Chapter 11
case.  The committee is represented by Porzio, Bromberg & Newman,
P.C.



EAST WEST MANUFACTURING: Moody's Assigns First Time 'B3' CFR
------------------------------------------------------------
Moody's Investors Service assigned first time ratings to East West
Manufacturing LLC ("EWM"), including a B3 corporate family rating
and a B3-PD probability of default rating. Concurrently, Moody's
assigned a B3 rating to the company's proposed seven year $275
million senior secured term loan, five year $40 million revolving
credit facility and $40 million delayed draw term loan. The outlook
is stable.

Proceeds from the term loans, along with new equity from MSD
Partners, and rollover equity from management will primarily be
used to fund the acquisition of East West Manufacturing, LLC. The
delayed draw term loan will be available for two years and will
primarily be used to fund acquisitions.

Assignments:

Issuer: East West Manufacturing LLC

Corporate Family Rating, Assigned B3

Probability of Default Rating, Assigned B3-PD

Senior Secured 1st Lien Term Loan, Assigned B3 (LGD3)

Senior Secured 1st Lien Delayed Draw Term Loan, Assigned B3
(LGD3)

Senior Secured Revolving Credit Facility, Assigned B3 (LGD3)

Outlook Actions:

Issuer: East West Manufacturing LLC

Outlook, Assigned Stable

RATINGS RATIONALE

East West Manufacturing's B3 CFR reflects the company's modest size
and scale within the fragmented and competitive outsourced design
and manufacturing sector. With two sizable acquisitions made in
2020 and 2021, the rating is also constrained by risks associated
with the company's rapid and recent growth. As a result, there is a
limited track record of operations and free cash flow at current
scale. Moody's projects leverage will remain high, given private
equity ownership and the likelihood that the company will continue
to be acquisitive. Pro forma for the acquisition, Moody's expects
pro forma debt/EBITDA of about 6.0x for the twelve months ended
December 31, 2021. The rating is also constrained by meaningful
concentration within the top two customers (about a third of total
revenue in fiscal 2021) and the potential for variability in demand
for customer orders. Industry-wide headwinds, including supply
chain challenges and wage inflation, particularly as EWM recruits
and retains in-demand engineering talent, are also risks to
performance.

The rating is supported by the company's deep and enduring
relationships with customers that rely on EWM's engineering and
design expertise as well as its global manufacturing footprint.
Moody's believes that customer relationships are sticky with high
switching costs. EWM also has good diversity by industry with
customers largely in growing markets such as health and wellness,
automation, internet of things (IoT) and industrial technologies.
Further, Moody's expects positive free cash flow to be supported by
relatively low capital expenditure requirements, with routine capex
of under 2% of revenue.

Moody's expects adequate liquidity supported by positive free cash
flow and an undrawn revolving credit facility of $40 million.

The stable outlook reflects Moody's expectation that EWM will
pursue acquisitions that will continue to expand scale and
diversity while not materially increasing leverage from current
levels.

The senior secured credit agreement provides for certain
incremental debt capacity, including the ability to incur
incremental debt in an unlimited amount subject to leverage based
incurrence tests for pari passu, junior and unsecured indebtedness.
The revolving credit facility is expected to have a springing first
lien net leverage test of 8.50x, springing only when more than the
greater of (x) $14.0 million and (y) 35% of then outstanding
revolving commitment is drawn under the revolving credit facility
at quarter end. Expected terms allow the release of guarantees when
any subsidiary ceases to be wholly owned and asset transfers to
unrestricted subsidiaries, in each case subject to certain
exceptions , limitations and carve-outs.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

Ratings could be upgraded if EWM expands its revenue base and
increases customer diversity either through new organic business
wins or acquisitions, while maintaining profitability. In addition,
adjusted debt-to-EBITDA sustained below 5.5x and free cash
flow-to-debt maintained in the mid-single digits range could lead
to an upgrade.

Ratings could be downgraded should there be a sustained decline in
earnings due to competitive factors or loss of key customers.
Weakening of liquidity or an increasingly aggressive financial
policy, including debt-financed dividends or sizeable acquisitions
could also result in a downgrade.

East West Manufacturing LLC is an outsourced product design and
manufacturing company that assists customers in designing and
manufacturing products as well as logistical support. Projected
revenue for fiscal 2021 is expected to be about $450 million.

The principal methodology used in these ratings was Manufacturing
published in September 2021.


EAST WEST MANUFACTURING: S&P Assigns 'B-' ICR on MSD Buyout
-----------------------------------------------------------
S&P Global Ratings assigned a 'B-' rating to East West
Manufacturing LLC. S&P also assigned its 'B-' issue-level and '3'
recovery ratings to its proposed secured credit facilities.

In November 2021, MSD Partners L.P. entered into a definitive
agreement to acquire Atlanta-based outsourced manufacturing,
design, and supply chain provider East West Manufacturing LLC.

East West has a concentrated customer base. Like most joint design
manufacturing providers, East West's customer base is concentrated
with the top 10 customers representing nearly 60% of revenue. A
leading industrial robotics company, a connected home fitness
company, and a heating, ventilation, and air conditioning (HVAC)
equipment provider are exceptionally large customers. S&P said, "We
think it's unlikely the company would lose one of these customers,
but declines in demand or pauses in programs could affect East
West. The robotics and fitness companies have driven significant
growth over the past two years. East West has had a relationship
with the robotics company for nearly 10 years, winning business
because of its diverse capabilities that matched the customer's
needs and because it has performed well on many programs. East West
is now benefiting as the robotics company rolls out warehouse
automation. The fitness company has been a customer for only three
years, but it has grown rapidly since inception. It provides
premium at-home fitness products, and East West is supporting the
customer with its product design capabilities. We view this
relationship as riskier than that with the robotics company because
it is newer and the fitness company is at an earlier stage in its
lifecycle."

S&P said, "The stable outlook reflects our view that East West's
long-standing customer relationships and exposure to growth markets
will allow it to deliver steady operating performance over the next
12 months.

"We could lower the rating if the company's cash flow after debt
service approaches break-even, which would likely entail leverage
above 7x. This could occur if a large customer curtails orders in
response to customer demand or if it ends existing programs without
awarding new programs to East West. A macroeconomic downturn
related to rising inflation could also cause orders to fall across
a broad range of customers. We could also lower the rating if
financial covenants restrict access to the revolving credit
facility in a downturn such that the company would require
favorable market conditions to meet its debt service requirements.

"We could raise the rating if we expect East West to maintain
leverage below 5x. We think this is unlikely over the next 12
months because we believe the company intends to use balance sheet
capacity for acquisitions."

ESG credit indicators: E-2 S-2 G-3

S&P said, "Governance factors are a moderately negative
consideration in our credit rating analysis of East West, as is the
case for most rated entities owned by private equity sponsors. We
believe the company's highly leveraged financial risk profile
points to corporate decision-making that prioritizes the interests
of the controlling owners. This also reflects the generally finite
holding periods and a focus on maximizing shareholder returns."



EMBECTA CORP: Moody's Assigns First Time 'Ba3' Corp. Family Rating
------------------------------------------------------------------
Moody's Investors Service assigned first time ratings to Embecta
Corp., including a Ba3 Corporate Family Rating, a Ba3-PD
Probability of Default, and Ba3 ratings to the proposed first lien
senior secured credit facilities. In addition, Moody's assigned a
Speculative Grade Liquidity Rating of SGL-1. The outlook is
stable.

In connection with Embecta's spinoff from Becton, Dickinson and
Company ("BD"), the company seeks to raise new credit facilities
consisting of a $500 million senior secured first lien revolver
(undrawn at close), and a $1,150 million senior secured first lien
term loan. In addition, Embecta has announced plans to issue $500
million of other funded debt that Moody's also expects to be ranked
senior secured. Proceeds from the new debt will be used to make a
$1.44 billion cash distribution to BD, fund $160 million of cash on
the balance sheet, and pay related fees and expenses. The Ba3
ratings assigned to the proposed senior secured credit facilities
reflect their interest in substantially all assets of the borrower
and the fact that secured debt is the sole financial debt within
the company's capital structure.

Assignments:

Issuer: Embecta Corp.

Corporate Family Rating, Assigned Ba3

Probability of Default Rating, Assigned Ba3-PD

Speculative Grade Liquidity Rating, Assigned SGL-1

Senior Secured 1st Lien Revolving Credit Facility, Assigned Ba3
(LGD4)

Senior Secured 1st Lien Term Loan, Assigned Ba3 (LGD4)

Outlook Actions:

Issuer: Embecta Corp.

Outlook, Assigned Stable

ESG factors are material to the ratings assignment. Social risk
considerations include favorable demographic and societal trends,
such as the rising prevalence of diabetes globally. Among
governance considerations, the company is likely to employ
moderately aggressive financial policies, and its track record as a
standalone public company is limited.

RATING RATIONALE

Embecta's Ba3 Corporate Family Rating broadly reflects its top
market position in diabetes insulin injection devices globally. The
company benefits from long-standing customer loyalty to its
products, driving recurring revenue from users and providers. The
credit rating is further supported by the scale of the company's
manufacturing and distribution network, which acts as a barrier to
entry and allows for significant operating leverage -- driving
attractive profit margins and good free cash flow generation.

The Ba3 rating is constrained by the company's modest growth
prospects, as adoption of new insulin management technologies will
continue to take share from Embecta's legacy injection products.
The rating also takes into consideration the company's lack of
diversification outside of diabetes care injections which may
expose it to high business risk, such as potential pricing
pressure, manufacturing issues, and product defects. In addition,
the rating accounts for execution risk related to the spinoff of
Embecta from Becton, Dickinson and Company (BD).

The stable outlook reflects Moody's expectation that leverage will
initially increase towards the company's stated target (4.25x gross
leverage) over the next 12-18 months as the company establishes
standalone infrastructure, and spends incremental R&D on growth
initiatives. Moody's believes earnings and leverage will stabilize
towards the end of fiscal year 2023, reflecting the steadiness of
the underlying insulin injection business.

The Speculative Grade Liquidity Rating of SGL-1 reflects Moody's
expectation that Embecta's liquidity will remain very good over the
next 12 to 18 months. Embecta's liquidity is supported by $160
million of cash at transaction's close. Moody's estimates that
Embecta will generate at least $75 million of annual free cash flow
over the next 12 to 18 months. External liquidity is supported by a
new 5-year revolving credit facility that provides for borrowings
of $500 million. This facility has a Maximum First Lien Leverage
covenant of 4.75x. Alternative sources of liquidity are limited as
substantially all assets are pledged.

As proposed, the new credit facilities are expected to provide
covenant flexibility that if utilized could negatively impact
creditors. The credit facilities include provisions allowing the
transfer of assets to unrestricted subsidiaries, subject to
"blocker" provisions which restrict the transfer, sale,
distribution or contribution of material intellectual property to
an unrestricted subsidiary. Only wholly-owned subsidiaries are
required to act as subsidiary guarantors. The risk of a release of
guarantees is moderated by the protection language that no
guarantor shall be released from its guarantee as a result of it
becoming a non-wholly owned subsidiary in a transaction that is non
bona fide or from the sale of equity interest with the sole
intention to release the guarantee. The above are proposed terms
and the final terms of the credit agreement may be materially
different.

ESG CONSIDERATIONS

Embecta's ESG Credit Impact Score is moderately negative (CIS-3).
The score reflects low exposure to environmental risks, and
moderately negative exposure to social risks - notably to potential
product safety litigation, recalls, and ongoing pricing pressure.
In addition, Embecta has an adequate governance structure, with a
commitment to moderately aggressive financial policies (public
gross leverage target below 4.25x).

Environmental risk is low/neutral (E-2 issuer profile score), in
line with exposure from the medical products and devices industry.

Social risk is moderately negative (S-3 issuer profile score).
Medical device company's face moderate social risk, however they
regularly encounter elevated elements of social risk including
those associated with responsible production including compliance
with regulatory requirements and potential reputational and
financial impacts from product recalls or related issues. Social
considerations include favorable demographic and societal trends,
such as the rising prevalence of diabetes globally. These
supportive trends are however partly mitigated by on-going pressure
from government and commercial payors to reduce healthcare costs.

Governance risk is moderately negative (G-3 issuer profile score),
reflecting Moody's expectation that the company is committed to
moderately aggressive financial policies. This is based on the
company's articulated leverage target of gross debt/EBITDA
remaining below 4.25x, including any potential M&A and shareholder
friendly activities.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

Ratings upside is unlikely in the near-term as the company
transitions into a standalone entity from BD over the next 12-24
months. Longer-term, assuming a successful spin-off, ratings could
be upgraded if Embecta is able to maintain stable earnings from the
core injection business, while effectively managing its strategic
initiatives under more conservative financial policies.
Quantitively, ratings could be upgraded if debt/EBITDA is sustained
below 3.5x while maintaining a very good liquidity profile.

Ratings could be downgraded if more rapid inroads from insulin
management technologies pressured Embecta's revenue and earnings.
Ratings could also be downgraded if the company is unable to
successfully manage the transition to a standalone entity, faces
operating disruptions, or loses a major customer contract. In
addition, ratings could be downgraded if the company manages its
growth initiatives with a more aggressive financial policy.
Quantitatively, the ratings could be downgraded if adjusted debt to
EBITDA is sustained above 4.5x.

Embecta is a leading provider of Diabetes insulin injection
products and services, including pen needles, syringes, and related
safety products. Embecta generated revenue of $1.16 billion in the
last twelve months ended September 30, 2021.

The principal methodology used in these ratings was Medical
Products and Devices published in October 2021.


EMBECTA CORP: S&P Assigns 'B+' ICR on Spin-Off from Becton
----------------------------------------------------------
S&P Global Ratings assigned its 'B+' issuer credit rating to
Embecta Corp. At the same time, S&P assigned its 'B+' issue-level
rating and '3' recovery rating to its first-lien secured debt. The
'3' recovery rating indicates its expectation for meaningful
(50%-70%; rounded estimate: 50%) recovery in the event of a payment
default.

Becton Dickinson & Co. is spinning off its U.S.-based insulin
delivery products business to create an independent publicly traded
company named Embecta Corp.

S&P said, "Our rating reflects the company's therapeutic
concentration and competition from more technologically advanced
solutions, which are partially offset by its strong brand, global
market presence, and our expectation of continued demand for its
lower-cost products. Embecta has a solid franchise in insulin pen
needles and syringes for use in the diabetes space and maintains
significant worldwide market share in this category. However, its
insulin pen needle and syringe sales account for almost all of its
revenue. In addition, the insulin delivery market is slowly
transitioning toward more technologically advanced and convenient
solutions, such as insulin pumps.

"We believe the level of insulin pump penetration in the developed
markets varies, with the U.S. leading other markets with an
estimated 35% market share for pumps among Type 1 patients.
However, we assume that this technology will gain more traction and
market share globally over the next few years, especially as the
connectivity between pumps and blood glucose monitoring devices
advances, which will reduce the burden on patients by providing
algorithm-driven insulin delivery to create an artificial pancreas
system. This type of integration cannot be achieved using pen
needles or syringes.

"At the same time, we estimate that the significant cost advantage
of insulin pens versus pumps, combined with the growing population
of diabetes patients, will support significant global market for
insulin pens over the next few years. We believe the company's
strong brand, significant market share, and global presence serving
over 30 million patients worldwide will support the demand for its
pen needles. Nonetheless, in our base-case scenario we assume that
the rising demand for its products will be mostly offset by pricing
pressures, leading to a flat to low-single-digit percent rise in
its sales in this segment over the next few years. Meanwhile, we
project that Embecta will continue to face declining demand for its
syringes.

"Although we expect the company to capitalize on the growing demand
for insulin pens in emerging markets due to rising incomes and
elevated levels of diabetes awareness and diagnoses, we don't
expect it will significantly offset its near-term headwinds in the
developed markets, which is where it derives the majority of its
revenue.

"We believe the company's further development of insulin pumps will
likely provide it with healthy long-term growth prospects, although
the success of its new products remains uncertain.Embecta is
currently developing its own patch insulin pump, which it will
likely use to supplement its existing product portfolio and support
its long-term growth prospects. We believe the company's pump would
have competitive advantage for Type 2 diabetes patients and see
better potential for increased penetration in this segment.
However, the successful launch and adoption of its pump remains
uncertain. In addition, by the time Embecta is ready to launch its
pump, it will face competition from products offered by established
players that already have a presence in this market, such as
Medtronic PLC, Insulet Corp., Tandem Diabetes Care Inc., and
Ypsomed Holding AG (partnering with Eli Lilly & Co.).

"As the company funds the R&D and sales and marketing
infrastructure necessary for this project, we forecast that its S&P
Global Ratings-adjusted EBITDA and cash flows could decline
materially for an extended period relative to its performance in
previous years, though we forecast these measures will remain
material for its size.

"We believe the risks associated with the spin-off are mitigated by
the relatively independent structure of the company's operations
under Becton Dickinson.We believe the risks associated with the
spin-off will be partially mitigated by the independence of the
company's manufacturing and sales operations, which Becton
Dickinson ran mostly separately from its other businesses. Still,
Embecta will have to build up its corporate infrastructure in a
short period of time and will incur negative synergies as a
stand-alone company, which we incorporate in our measure of its
EBITDA. At the same time, we view its transition charges as
temporary and add them back to our estimate of its EBITDA.

"The stable outlook on Embecta reflects our expectation that it
will likely sustain S&P Global Ratings-adjusted leverage in the
4x-5x range and FOCF to debt of comfortably above 5% over the next
several years despite its minimal revenue growth and margin
declines, which stem mainly from its increased stand-alone costs
and investments in R&D.

"We could lower our rating on Embecta if we expect its debt
leverage to increase above 5.5x on a sustained basis. This could
occur if the company's market share deteriorates quicker than we
expect, either due to significant pricing pressures in its core
product portfolio as its competitors in the pen needle market
reduce their prices to drive increased volumes or because insulin
pump solutions are adopted more rapidly and broadly than we expect,
perhaps due to advances in technology or a sharp decline in cost.
The company's leverage could also become elevated if it experiences
integration challenges that lead to lower-than-expected operating
margins on a sustained basis.

"Although it's unlikely that we will raise our rating on Embecta in
the coming 12 months, we could upgrade the company in the future if
it maintains S&P Global Ratings-adjusted debt leverage of less than
4x and we are confident that the long-term trajectory for its
revenue and EBITDA margin is positive, which would most likely
follow the successful launch of its pump product. An upgrade would
also be predicated on our confidence that its financial policy as a
stand-alone entity is supportive of maintaining lower leverage."

ESG credit indicators: E-2 S-2 G-2



EWT HOLDINGS III: Moody's Hikes CFR to Ba3, Outlook Remains Stable
------------------------------------------------------------------
Moody's Investors Service upgraded the Corporate Family Rating and
Probability of Default Rating of EWT Holdings III Corp. (also known
as "Evoqua" or the company) to Ba3 and Ba3-PD from B1 and B1-PD,
respectively. EWT Holdings III Corp. is a wholly-owned subsidiary
of publicly-traded Evoqua Water Technologies Corp. Concurrently,
Moody's upgraded the senior secured bank credit facilities of the
company to Ba3 from B1. The company's SGL-2 speculative grade
liquidity rating remains unchanged, reflecting the company's good
liquidity. The ratings outlook is stable.

The ratings upgrade is supported by the company's stronger free
cash flow that resulted from improved working capital management
along with earnings growth. The ratings upgrade is also supported
by Moody's expectation that the company will maintain financial
leverage (debt-to-EBITDA) in the mid-3x range pro forma for
acquisitions over the next 12 to 18 months.

Moody's took the following rating actions:

Upgrades:

Issuer: EWT Holdings III Corp.

Corporate Family Rating, Upgraded to Ba3 from B1

Probability of Default Rating, Upgraded to Ba3-PD from B1-PD

Senior Secured Bank Credit Facility, Upgraded to Ba3 (LGD3) from
B1 (LGD3)

Outlook Actions:

Issuer: EWT Holdings III Corp.

Outlook, Remains Stable

RATINGS RATIONALE

Evoqua's Ba3 CFR reflects the benefits derived from a
well-entrenched position within the water treatment industry, which
exhibits strong long term demand characteristics that support the
company's revenue growth. Evoqua's revenue base also comprises a
substantial amount of services and aftermarket sales, which
provides stability against cyclical capital equipment sales.
Moody's expects the company to generate steady EBITDA margins
exceeding 16%, which will support robust operating cash flow before
capital expenditures.

The ratings also reflect Evoqua's high debt levels relative to the
company's $1.6 billion revenue base (pro forma for acquisitions).
In addition, free cash flow is constrained by sizable capital
investment needed to support revenue growth and execute on the
company's backlog. Further, the company is contending with
macroeconomic-related supply chain and inflationary cost pressures
that are expected to persist through at least the first half of
2022.

Environmental considerations are a credit positive for the company.
Evoqua's core business is centered on the provision of clean water
solutions to customers through advanced water and wastewater
treatment systems and technologies. Evoqua provides products and
services to customers in diverse end markets ranging from
industrial and municipalities to commercial. As such, the company
contributes to increasing water cleanliness and conservation needs
globally through water treatment, recycling and reuse.

The stable ratings outlook reflects Moody's expectation that Evoqua
will improve its margins as supply chain and inflationary cost
pressures ease. Moody's also expects that Evoqua will maintain
working capital efficiencies, supporting its free cash flow
generation.

Evoqua's SGL-2 liquidity rating incorporates Moody's expectation
that the company will continue to generate free cash flow in excess
of $50 million in fiscal 2022 despite elevated capital expenditures
necessary to realize backlog conversion. Moody's expects the
company to maintain ample revolver availability and substantial
covenant headroom.

Evoqua's corporate governance profile is supported by a relatively
balanced capital allocation approach. The company maintains modest
financial leverage, which helps to mitigate the seasonal and
cyclical nature of the company's business. Moody's does not expect
the company to undertake more aggressive financial policies such as
debt-funded shareholder returns.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

A ratings downgrade could be warranted if the company shifts to a
more aggressive financial policy, such as debt-financed
acquisitions or share repurchases. Debt/EBITDA that exceeds and is
sustained above 4.5x would support lower ratings, as would a
significant decline in revenue along with margin erosion. A
deterioration in the company's liquidity, entailing a meaningfully
lower cash balance, significantly reduced availability under the
revolver or negative free cash flow, would also exert downward
ratings pressure.

Conversely, ratings could be upgraded following substantial revenue
growth and margin improvement while the company maintains good
liquidity. Free cash flow to debt sustained above 10% along with
debt/EBITDA sustained below 3.0x would also support higher
ratings.

Headquartered in Pittsburgh, Pennsylvania, EWT Holdings III Corp.
is a publicly-traded (NYSE: AQUA) designer, manufacturer and
provider of water treatment solutions for the process, drinking and
waste water needs of industrial, municipal and commercial
customers. Pro forma revenue is approximately $1.6 billion.

The principal methodology used in these ratings was Manufacturing
published in September 2021.


GIRARDI & KEESE: Court Orders Erika to Turn Over AmEx Bills
-----------------------------------------------------------
Bernie Zilio of Radar Online reports that Erika Jayne still looks
carefree and cozy despite bankruptcy judge ordering her AmEx bills
to be turned over in Girardi bankruptcy.

The often stoic Bravo star did not appear to look too concerned
over what may be discovered in her estranged husband's Chapter 7
bankruptcy.

As Radar exclusively reported, a federal court judge just ordered
American Express to turn over Tom's credit card statements, which
include hundreds of pages of documents pertaining to expenses made
by Erika over the past 10 years.

According to the court documents we obtained, the judge presiding
over the once-respected lawyer's bankruptcy granted the trustee's
motion earlier this week.

As we first reported, the trustee -- who is working to figure out
the best plan to pay back Girardi's $101 million debt -- recently
asked the court for permission to demand records from AmEx.  The
trustee felt the financial records kept by Girardi and his law firm
were inadequate and did not provide all the answers they needed for
their investigation into whether he committed fraud.

"While the Debtor's bank statements contain general line item
entries relating to the payments, no additional information was
found in the Debtor's records that sheds any light on the nature of
the payments made, or if the Debtor received reasonably equivalent
value in exchange for the payments," read the filing.

Girardi is accused of running his law firm like a Ponzi scheme. His
former clients, including orphans and widows, claim they were
screwed out of millions of dollars.

For the past several months, the trustee has worked on reviewing
Girardi's statements to try and figure out where his money went.

"The trustee's review did reveal, however, substantial payments
made by the Debtor to American Express," the docs read.

Tom's former clients believe he used their settlement funds to pay
the bills of the reality star's company, EJ Global. She is also
facing a $25 million lawsuit as part of the bankruptcy.

Jayne continues to deny knowledge of her husband's alleged misdeeds
and has refused to return a dime.

                       About Girardi & Keese

Girardi and Keese or Girardi & Keese was a Los Angeles-based law
firm founded in 1965 by lawyers Thomas Girardi and Robert Keese. It
served clients in California in a variety of legal areas. It was
known for representing plaintiffs against major corporations.

An involuntary Chapter 7 petition (Bankr. C.D. Cal. Case No.
20-21022) was filed in December 2020 against GIRARDI KEESE by
alleged creditors Jill O'Callahan, Robert M. Keese, John Abassian,
Erika Saldana, Virginia Antonio, and Kimberly Archie.

The petitioners' attorneys:

         Andrew Goodman
         Goodman Law Offices, Apc
         Tel: 818-802-5044
         E-mail: agoodman@andyglaw.com

Elissa D. Miller, a member of the firm SulmeyerKupetz, has been
appointed as Chapter 7 trustee for GIRARDI KEESE. The Chapter 7
trustee can be reached at:

         Elissa D. Miller
         333 South Grand Ave., Suite 3400
         Los Angeles, California 90071-1406
         Telephone: (213) 626-2311
         Facsimile: (213) 629-4520
         E-mail: emiller@sulmeyerlaw.com

An involuntary Chapter 7 petition was also filed against Thomas
Vincent Girardi (Case No. 20-21020) on Dec. 18, 2020. The Chapter 7
trustee can be reached at:

         Jason M. Rund
         Email: trustee@srlawyers.com
         840 Apollo Street, Suite 351
         El Segundo, CA  90245
         Telephone: (310) 640-1200


GOLDEN 8 MAPLE: Unsecureds to Get 94.69%; Plan Hearing Feb. 22
--------------------------------------------------------------
Golden 8 Maple LLC submitted a Chapter 11 Plan and a Disclosure
Statement.

Class 2 consists of the secured claim of Mohammad A. Malik.  The
$19,764,000 total amount of secured debt will be paid in full, in
cash for a total value $19,764,000 on the effective date of the
Plan.

Class 3 Non-priority unsecured creditors will be impaired. This
Class will be paid in full, in cash of a total value $1,920,300 on
the effective date of the Plan. This Class will receive a
distribution of 94.69% of their allowed claims.

Class 4 Equity security holders of the Debtor will be impaired.
This Class will have no repayment until Class 1, Class 2, and Class
3 are satisfied. This is a chapter 11 reorganization case and not a
chapter 7 case. All equity interest holders will have the same
equity interest Post Confirmation of the Plan.

Payments and distributions under the Plan will be funded by capital
infusion and refinance, rental income.

The Plan Proponent's financial projections show that the Debtor
will have an aggregate annual average cash flow of $670,000.00,
after paying operating expenses and post-confirmation taxes. The
final Plan payment is expected to be paid on the Plan Effective
Date.

The Court has scheduled February 22, 2022 at 11:00 a.m. as the
telephonic hearing to confirm the plan. February 15, 2022 at 5:00
p.m. as the deadline for voting to accept or reject the plan, and
February 15, 2022 at 4:00 p.m. as the deadline for objecting to
confirmation of the plan.

Brandi P. Klineberg was retained as the Receiver's attorney and
general counsel to assist the Receiver will all matters pertaining
to the appointment as Receiver for the Premises as directed by the
Receiver; Michael R. Mintz of MD Squared Property Group LLC was
retained managing agent and property manager for the Premises and
to provided the Receiver with professionals management services for
the Premises. However, there have been no professionals approved by
the Bankruptcy Court other than the Debtor's legal counsel Sim &
DePaola, LLP.

A full-text copy of the Disclosure Statement dated Jan. 10, 2022,
is available at https://bit.ly/3I3RGIY  from PacerMonitor.com at no
charge.

                      About Golden 8 Maple

Golden 8 Maple LLC is engaged in activities related to real estate.
The Company owns a real property located at 134-38 Maple Ave.,
Flushing, NY valued at $22.5 million (using potential transaction
valuation method).

Golden 8 Maple filed a Chapter 11 petition (Bankr. E.D.N.Y. Case
No. 21-42452) on Sept. 28, 2021.  In the petition signed by Xiangyu
Cao, managing member, the Debtor disclosed $22,691,000 in assets
and $28,408,091 in liabilities.  The Hon. Jil Mazer-Marino oversees
the case.  Sang J. Sim, Esq. of SIM DEPAOLA, LLP, is the Debtor's
counsel.


GPMI COMPANY: Goes Bust, Files for Chapter 11 Bankruptcy
--------------------------------------------------------
Katya Schwenk of Phoenix News Times reports that Arizona sanitary
wipes manufacturer GPMI Company has filed for bankruptcy
protection.

After a major expansion deal with an Israeli manufacturing partner
went sour, the company was forced to cut its workforce in half.
This second week of January 2022, the company filed for Chapter 11
bankruptcy protection.  

According to bankruptcy filings in federal court, GPMI has more
than 100 creditors who want to get paid.  The company had between
$10 million and $50 million in assets or the total value of the
business and between $10 million and $50 million in liabilities to
creditors, or debts to be paid.

GPMI has $13.3 million in unsecured claims across 116 creditors,
records show.

It generated $14 million in revenue during 2021 bad business deal
and all, bankruptcy records show.

Yarron Bendor, an Israeli entrepreneur, founded GPMI in 1989, and
it's been headquartered in Arizona ever since.  The company
manufactures wet wipes of various types for companies that include
American businesses The Clorox Company and Procter & Gamble
Company, but also the Dial brand created by German giant Henkel
mnnAG, according to court filings.

GPMI had more than 100 employees. Most were handed pink slips.

One recent, scathing Google review of the company from a former
employee described a tumultuous year, where dozens of newly hired
employees were let go and hours were so unpredictable "to where at
some point people started to quit."

The business -- which did not immediately return Phoenix New Times'
inquiries for this article -- said in court documents that its
financial troubles began with the pandemic.

Although in the spring of 2020, demand for wet wipes and other
sanitizing products spiked, clearing them off the shelves of
pharmacies and grocery stores, shortages in manufacturing materials
made it increasingly difficult for GPMI to keep up.

We all remember scouring empty shelves for them.

Furthermore, cheaper, inferior products flooded the market, which,
according to GPMI, contributed to depressed demand in 2021.

But it was a deal with an Israeli hygiene behemoth, Albaad Massuot
Yitzhak Limited, that ultimately landed GPMI in major debt.

Albaad is publicly traded and claims to be one of the world's
largest manufacturers of wet wipes and other hygiene products. It
does business in the U.S. and Europe in addition to Israel. In the
spring of last year, it offered GPMI an appealing deal: It wanted
to order tens of millions of goods from the company, to help beef
up its offerings in the U.S. when demand was through the roof.
Albaad promised the local company $80 million in orders during the
first year and $100 million by the second year, GPMI claims.

The company's expansion, at the time, was touted as a win for
Gilbert's economy. GPMI spent $7.5 million to ramp up operations,
offset somewhat by Albaad's initial payment of $3.75 million.

But the deal quickly went awry.

GPMI built out new facilities, hired dozens of new employees, and
began shipping out the product.

Albaad's client needed FDA approval for its product but ran into
problems securing it.

Albaad never paid up or even picked up the products, bankruptcy
filings claim. GPMI ended the year with revenues $37 million less
than anticipated.

GPMI was stuck paying $17,000 to store product they didn't have a
buyer for, and was $800,000 short in budgeted revenue. And the
Israeli company wasn't prepared to buy $25.5 million more worth of
the product by the end of December 2021.

"Further payment promises were made by Albaad but nothing
materialized," Bendor said in court filings.

It turns out, Albaad decided to tell its shareholders it would
write off $10 million from its failed U.S. expansion venture "due
to issues with its customers and distributor and seeking litigation
options with its partners," GPMI claims in bankruptcy court
filings.

Still, GPMI painted a rosy future of its sales, saying that it
still anticipated more than $15 million in revenue for the upcoming
year, given new clients that it had developed.

The company has secured a $2.5 million loan in order to pay its
remaining employees and other expenses until it can restructure and
even considered selling itself to get out from its mountain of
debt.

It also says it plans to seek damages from Albaad in civil court,
whose "failure to perform threatened the very survival of GPMI."

                        About GPMI Company  

GPMI Company is engaged in developing new concepts, innovating
products, program development, and marketing.  GPMI is an Arizona
based company established in 1989, with production facilities in
multiple United States locations.

GPMI filed its voluntary petition for relief under Chapter 11 of
the Bankruptcy Code (Bankr. D. Ariz. Case No. 22-00150) on Jan. 10,
2022, listing $10 million to $50 million in both assets and
liabilities. Yarron Bendor, president, signed the petition.

Judge Eddward P. Ballinger Jr. oversees the case.

Engelman Berger, PC, serves as the Debtor's legal counsel.


GRUPO AEROMEXICO: Airline, Invictus Given Few Days to Reach Deal
----------------------------------------------------------------
Jeremy Hill of Bloomberg News reports that Grupo Aeromexico SAB's
bankruptcy judge on Friday declined to immediately rule on a voting
dispute between the air carrier and Invictus Global Management,
giving the parties the weekend to work toward a settlement.

Invictus, an investment firm, says it isn't bound by a Chapter 11
plan support agreement embedded in claims it holds against
Aeromexico.  Invictus had bought the claims from Independencia
Union, one of Aeromexico's labor unions.

Aeromexico asked U.S. Bankruptcy Judge Shelley Chapman to enforce
the lockup agreement, which would ease its path out of Chapter 11.
The carrier noted that the Independencia Union had signed on to the
Plan as part of the collective bargaining agreement.

At a virtual hearing, counsel for Invictus faced skepticism from
U.S. Bankruptcy Judge Shelly Chapman on its arguments that the
voting agreement that came with its purchased claims against Grupo
Aeromexico was not binding. "There just seems to be no limit or no
sense to considering the bigger picture here,' she said.

Invictus has disagreed that it is bound by the covenant.

"Invictus has already voted its claims to reject the Plan, but the
Debtors now ask this Court not "merely" to designate those votes
and thereby to disenfranchise Invictus from being allowed to vote,
one way or the other.  Rather, in the hope that they can thereby
demonstrate
sufficient creditor acceptances for the Plan to be confirmed, the
Debtors go even further, asking this Court to deem Invictus's votes
to reject the Plan as the exact opposite -- votes to accept the
Plan.  The Debtors seek this remarkable relief not based on any
provision of the Bankruptcy Code permitting a court to require a
creditor to vote to accept a plan it wishes to reject (or to reject
a plan it wishes to accept) -- there is no such provision in the
Code -- nor even based on any misconduct by Invictus, proven
following an evidentiary hearing, that could warrant the "drastic
remedy," Adelphia, 359 B.R. at 61, of simply disregarding
Invictus's votes through designation under section 1126(e) of the
Bankruptcy Code," Invictus said in a Jan. 3 filing.

"In large measure, the Objection is an impermissible collateral
attack on one order of this Court dated April 22, 2021 (the "CBA
Order"), and an impermissible attempt to reargue issues that were
resolved by this Court on November 16, 2021. The Objection also
continues Invictus's ongoing misinformation campaign against the
Debtors -- this time
arguing, without any actual evidence, that the De btors somehow
misled one of its own Unions about a plan support provision as part
of its collective barg aining agreement ("CBA") renegotiation (and
presumably misled this Cour t into granting a motion and entering
an order that provided for such plan support).  This plan support
language is identical to the plan support language in every CBA
that was negotiated over a period of months with each of the
Debtors' Unions (including ASPA, the pilots' union that is a member
of the Official Committee of
Unsecured Creditors (the "Committee")), and to post-petition agr
eements with various fleet counterparties," the Debtors said Jan.
5, 2022, in response to the objection.

"Invictus failed to review -- or chooses to ignore -- the record
established in connection with the Court's approval of the CBA
Motion. 5 Invictus likewise failed to diligence -- or chose not to
-- its own transaction with Independencia in purchasing the
Independencia Union Claims.  The Modification Agreements, the
February 12 Complementary
Agreements and the March 31 Complementary Agreements were all
executed by the Debtors and Independencia (and the CBA Order was
entered on the Court’s docket) months in advance of Invictus's
purchase of the Independencia Union Cl aims.  Invictus's failure to
properly diligence
its own transaction with Independencia does not, in any way, result
in Independencia (and, in turn, Invictus) not being bound by the
Covenant. Consistent w ith the explicit and unequivocal statements
made by the Debtors in the CBA Motion and the declarations
submitted in support
thereof (collectively, the "CBA Pleadings"), after months-long
negotiations".

                   About Grupo Aeromexico

Grupo Aeromexico, S.A.B. de C.V. (BMV: AEROMEX) --
https://www.aeromexico.com/ -- is a holding company whose
subsidiaries are engaged in commercial aviation in Mexico and the
promotion of passenger loyalty programs.  Aeromexico, Mexico's
global airline, has its main hub at Terminal 2 at the Mexico City
International Airport. Its destinations network features the United
States, Canada, Central America, South America, Asia and Europe.

Grupo Aeromexico and three of its subsidiaries sought Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 20-11563) on June 30,
2020. In the petitions signed by CFO Ricardo Javier Sanchez Baker,
the Debtors reported consolidated assets and liabilities of $1
billion to $10 billion.

The Debtors tapped Davis Polk and Wardell LLP as their bankruptcy
counsel, KPMG Cardenas Dosal S.C. as auditor, and Rothschild & Co
US Inc. and Rothschild & Co Mexico S.A. de C.V. as financial
advisor and investment banker.  White & Case LLP, Cervantes Sainz
S.C. and De la Vega & Martinez Rojas, S.C., serve as the Debtors'
special counsel. Epiq Corporate Restructuring, LLC, is the claims
and administrative agent.  

The U.S. Trustee for Region 2 appointed a committee to represent
unsecured creditors on July 13, 2020.  The committee is represented
by Willkie Farr & Gallagher, LLP and Morrison & Foerster, LLP.


H-CYTE INC: Names Richard Rosenblum, Matthew Anderer as Directors
-----------------------------------------------------------------
The board of directors of H-Cyte, Inc. appointed Richard Rosenblum
and Matthew Anderer as new directors of the company, effective
Jan. 17, 2022.

Mr. Rosenblum (62) is a business veteran and entrepreneur in the
areas of the financial services, capital markets, healthcare,
technology and real estate.  His experience ranges from serving as
managing director at several investment merchant banks to heading
companies as a C-suite executive.  He also sits on the boards of
public and private healthcare, life sciences and technology-sector
companies.

Mr. Rosenblum is currently president, CFO and Board Member of
Innovative Payment Solutions, Inc., a California-based FinTech
company focused on building a 21st century universal digital
payment and money remittance platform.  As the founder of
Harborview Capital Advisors, LLC, Mr. Rosenblum leads a team of
strategic advisors in the areas of capital formation, merchant
banking and management consulting, and has raised more than $250
million in capital funding for companies.  Since founding it over
20 years ago, Mr. Rosenblum has served as manager and director of
Harborview Property Management LLC, raising over $100 million while
managing domestic and international commercial and multi-family
real estate assets.  From 2008 to 2014, Mr. Rosenblum was director,
president and executive chairman of Alliqua Biomedical Inc.
(NASDAQ: ALQA), a leader in hydrogel manufacturing technology in
the wound care sector.

Mr. Rosenblum received his B.A. in Finance & Accounting from the
State University of New York at Buffalo in 1981, graduating summa
cum laude.

Mr. Rosenblum will receive $5,000 a month as compensation from
H-Cyte for his service as a director.

Mr. Anderer (55) started his career in the United States Air Force
as a fast jet and special operations pilot and instructor before
taking operational and staff officer roles with Special Operations
Command and NATO.  He has commanded worldwide airlift capability of
the highest posts within the White House and from a technology
perspective, he has directed a range of high-profile, high-value
acquisition projects.  Mr. Anderer was the Director of the US Air
Force leadership and citizenship development program for 220,000
cadets before taking command of the busiest air mobility group in
the world, responsible for support to destinations world-wide.
Among other contingency crisis operations in this capacity, Matt
played a crucial role establishing robust, resilient, and
repeatable processes to prevent the potential spread of the Ebola
Virus for aircraft, cargo and passengers that transited sub-Saharan
West Africa. He is currently the training systems Country
Integration Lead for Lockheed Martin's F-35 International
customers, a position that he has held since prior to 2017.

Most recently, Mr. Anderer was also a member of the Board for
Deverra Theraputics, a clinical stage cell therapy company
headquartered in Seattle.  He is a graduate of Villanova
University, Air Command and Staff College, Naval Staff College and
the Geneva Center for Security Policy.

Mr. Anderer will receive $5,000 a month as compensation from H-Cyte
for his service as a director.

The board of directors of H-Cyte has affirmatively determined that
both Mr. Rosenblum and Mr. Anderer meet the applicable standards
for independent directors under Rule 10A-3 of the Securities
Exchange Act of 1934.

                         About H-CYTE Inc.

Headquartered in Tampa, Florida, H-CYTE -- http://www.HCYTE.com/--
is a hybrid-biopharmaceutical company dedicated to developing and
delivering new treatments for patients with chronic respiratory and
pulmonary disorders.

H-Cyte reported a net loss of $6.46 million for the year ended Dec.
31, 2020, compared to a net loss of $29.81 million for the year
ended Dec. 31, 2019. As of June 30, 2021, the Company had $1.98
million in total assets, $5.63 million in total liabilities, and a
total stockholders' deficit of $3.65 million.

Tampa, Florida-based Frazier & Deeter, LLC, issued a "going
concern" qualification in its report dated March 25, 2021, citing
that the Company has negative working capital, has an accumulated
deficit, has a history of significant operating losses, and has a
history of negative operating cash flow.  These factors raise
substantial doubt about the Company's ability to continue as a
going concern.


HILL-ROM HOLDINGS: Moody's Withdraws B1 Rating on Unsecured Notes
-----------------------------------------------------------------
Moody's Investors Service withdrew the ratings of Hill-Rom
Holdings, Inc. ("Hillrom").

Withdrawals:

Issuer: Hill-Rom Holdings, Inc.

Senior Unsecured Debentures, Withdrawn , previously rated B1
(LGD6)

RATING RATIONALE

Baxter International, Inc. (Baa2 stable) completed the acquisition
of Hillrom on December 13, 2021. Hillrom's 7% notes due 2024 that
are impacted in the action were not callable and remain
outstanding. These notes will not be guaranteed by Baxter, nor will
have stand-alone financial statements. As a result, Moody's has
withdrawn the rating because it believes it has insufficient or
otherwise inadequate information to support the maintenance of the
rating.


HIRECLUB.COM INC: Unsecureds Will Get 100% Dividend in 36 Months
----------------------------------------------------------------
HireClub.com, Inc., filed with the U.S. Bankruptcy Court for the
Northern District of California a Plan of Reorganization for Small
Business dated Jan. 10, 2022.

HireClub.com is a Delaware corporation. HireClub operates an online
platform to help individuals improve their careers by providing
individuals with: 1) a resume builder; 2) job posts; 3) job search
tracking tool; 4) community for career support; and 5) coaches.

Pre-petition, HireClub ran into two (2) problems: 1) the Covid-19
Pandemic affected the fluidity of monthly cashflow; and 2) HireClub
needed to restructure its contracts with coaches on the HireClub
platform. As a result, the Debtor elected to seek bankruptcy
protection and reorganize under chapter 11 Subchapter V to
restructure its executory contracts and all other prepetition
liabilities.

The Plan Proponent's financial projections show that the Debtor
will have projected disposable income of $ 1,416.91. The final Plan
payment is expected to be paid on April 1, 2025.

Non-priority unsecured creditors holding allowed claims will
receive distributions, which the proponent of this Plan has valued
at approximately 100 cents on the dollar, with interest payable at
0.45% (2022 federal post judgment interest rate per 28 U.S.C. §
1961). This Plan also provides for the payment of administrative
and priority claims.

The Plan will treat claims as follows:

     * Class 2A – All priority unsecured claims of subscribing
members with prepaid deposits for time on HireClub platform. Class
2A members will receive 100% credit for prepetition prepaid time
deposits for continued use on online HireClub platform. In the
event any member(s) of Class 2A cancels subscription agreement with
prepaid time balance remaining, Debtor will refund cash balance to
member(s). Said treatment is the as the pre-petition status quo
treatment.

     * Class 3A – All non-priority unsecured claims. Class 3A
shall receive a 100% dividend with interest payable at 0.45% (2022
federal post-judgment interest rate per 28 U.S.C. § 1961). A
detailed breakdown of each creditor within Class 3A and related
payment schedule of 36 monthly payments is attached. Said claims
are impaired due to the 36 month payment term.

     * Class 3B – First Republic Bank, NA. (PPP Loan). The Debtor
had as pre petition contingent liability for PPP loan in the amount
of $46,000. Said PPP loan was forgiven in November 2021. Class 3B
shall receive $0.00.

     * Class 3C – Insider loans. Mr. Ketan K. Anjaria lent the
Debtor $20,790.00 in the two (2) years preceding the October 11,
2022 petition date. Mr. Anjaria's loans will be paid at $0.00.

     * Class 4 - Equity security holders of the Debtor. All
pre-petition equity security holders shall retain 100% of all
equity security rights in the Debtor.

The Debtor will retain possession of the property of the estate.
For Effective Date payments, at or prior to the confirmation
hearing, the Debtor will produce proof of deposit into trust of
$45,000.00 necessary to make Effective Date payments.

First, the Debtor will pay all priority unsecured claims and
administrative claims in full on the Effective Date. The estate has
no secured claims. For administrative priority claims of the
Subchapter V Trustee, Mr. Mark Sharf, and Debtor's counsel, Mr.
Matthew D. Metzger, Belvedere Legal, PC, the Debtor shall pay said
claims in full, on the Effective Date, or, if later, following
Court approval, from resources set aside for Effective Date
Payments. The amount paid shall not exceed the final amount
approved the Court.

Second, for ongoing monthly payments, the Debtor will continue to
operate the HIreClub.com online platform. The Debtor will pledge
all disposable income generated from said online platform for the
duration of the 36 month commitment term of the instant pot plan,
with payment amounts delineated as follows:

For months 1-36, the Debtor will pay all Class 3A claims at an
estimated dividend of 100% with interest payable 0.45% (2022
federal post-judgment interest rate per 28 U.S.C. § 1961). The
amount paid to Class 3A shall not exceed $31,095.36.

A full-text copy of the Plan of Reorganization dated Jan. 10, 2022,
is available at https://bit.ly/3fqaZjq from PacerMonitor.com at no
charge.

Attorney for the Plan Proponent:

     Matthew D. Metzger, Esq.
     Belvedere Legal, PC
     1777 Borel Place, Suite 314
     San Mateo, CA 94402
     Tel: (415) 513-5980
     Fax: (415) 513-5985
     Email: mmetzger@belvederelegal.com

                      About HireClub.com Inc.

HireClub.com, Inc., sought protection for relief under Chapter 11
of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 21-30694) on Oct.
11, 2021, listing up to $50,000 in assets and up to $100,000 in
liabilities.  Judge William J. Lafferty oversees the case. Matthew
D. Metzger, Esq., at Belvedere Legal, PC serves as the Debtor's
legal counsel.


HK FACILITY SERVICES: Unsecureds Will Get 100% of Claims in Plan
----------------------------------------------------------------
HK Facility Services, Inc., filed with the U.S. Bankruptcy Court
for the Northern District of Illinois an Amended Plan of
Reorganization dated Jan. 10, 2022.

The Debtor is a commercial janitorial service founded in 2016,
providing janitorial services to business and apartment buildings.

The Chapter 11 filing was triggered by the filing of a lawsuit by
Buildingstars Management, Inc., as well as holds issued on monies
due from customers, by Newco Capital Group VI LLC and Fox Business.
The Debtor filed this case on September 9, 2021 to allow the Debtor
to restructure.

This Plan of Reorganization proposes to pay creditors of the Debtor
from future revenues generated by the Debtor's business.

Generally, the Plan provides that all administrative creditors will
be paid in full on the Effective Date of the Plan (which is 60 days
after the Order confirming the Plan) unless otherwise agreed.
Secured claims with liens on vehicles will continue to be paid in
accordance with the terms of their contracts. Secured claims with
UCC liens will be paid 100% of their allowed claims. Unsecured
claims will receive 100% of the amount of their allowed claims.
Payments shall begin 30 days after payment in full of the secured
claims. Plan term is estimated to be 60 months.

Class 1 shall consist of claims held by the lenders with a security
interest in vehicles. Lenders will be paid on an ongoing monthly
basis in accordance with the terms of their contracts including
contractual interest. There are two Class 1 Claims:

     * Ally Bank has a claim for $35,986.90 with a lien against a
2019 Ford F150 Truck. Monthly payments are $714.39. Ally Bank will
retain its lien until its secured claim is paid in full.

     * Ally Bank has a second claim for $25,316.22 with a lien
against a 2021 Ford Commercial Transit Cargo Van. Monthly payments
are $518.80. Ally Bank will retain its lien until its secured claim
is paid in full.

Class 2 consists of the Secured Claims with UCC Liens. The Debtor
proposes to pay $5,000.00 monthly, with each secured creditor to
receive a pro-rata share of said $5,000.00 each month until all
five claims have been paid in full. Each Class 2 creditor will
retain its lien on and security interest in its collateral until
its secured claim is paid in full. Payments shall begin 30 days
after the Effective Date. At $5,000.00 per month, it is estimated
that all Class 2 creditors will be paid in 35 months. Class 2
Claims are unimpaired.

Class 3 consists of Unsecured Claims. The Debtor proposes to pay
$5,000.00 monthly, with each unsecured creditor to receive a
pro-rata share of said $5,000.00 each month until all five claims
have been paid in full. At $5,000.00 per month, it is estimated
that all Class 3 creditors will be paid in 22 months. Payments
shall begin 30 days after payment in full of the Class 2 claims.
Class 3 Claims are unimpaired. HFH Captial LLC ($21,813.29) filed
proof of claim. The following Class 3 creditors did not file proofs
of claim:

     * Buildingstars ($35,000.00)

     * Delta Bridge Funding ($28,175.00)

     * Legend Advance Funding LLC ($3,456.35)

     * Lending Valley ($21,500.00)

A full-text copy of the Amended Plan of Reorganization dated Jan.
10, 2022, is available at https://bit.ly/3tAnGQX from
PacerMonitor.com at no charge.

Attorneys for Debtor:

     Joseph Wrobel, Esq.
     Joseph Wrobel, Ltd.
     206 1954 First Street
     Highland Park, IL 60035
     Tel: (312) 781-0996
     Email: josephwrobel@chicagobankruptcy.com

                    About HK Facility Services

HK Facility Services, Inc., provides janitorial services to
businesses and apartment buildings.  Founded in 2016, HK Facility
operates its business at 3209 N. Wilke Road, Suite 112, Arlington
Heights, Ill.

HK Facility filed a petition for Chapter 11 protection (Bankr. N.D.
Ill. Case No. 21-10458) on Sept. 9, 2021, listing up to $50,000 in
assets and up to $500,000 in liabilities.  Hugh McGuirk, president
of HK Facility, signed the petition.

Joseph Wrobel, Ltd. is the Debtor's bankruptcy counsel.


HOME CAPITAL: S&P Withdraws 'BB-' Long-Term Issuer Credit Rating
----------------------------------------------------------------
S&P Global Ratings withdrew its 'BB-' long-term issuer credit
rating on Home Capital Group and its 'BB+/B' long- and short-term
issuer credit ratings on Home Trust Co. at the company's request.

At the time of the withdrawal, the outlooks on both entities were
stable.



INTERPACE BIOSCIENCES: Peter Kamin Has 18.6% Stake as of Jan. 12
----------------------------------------------------------------
Peter H. Kamin disclosed in an amended Schedule 13D filed with the
Securities and Exchange Commission that as of Jan. 12, 2022, he
beneficially owns 781,956 shares of common stock of Interpace
Biosciences, Inc., representing 18.6 percent calculated based on
4,195,412 shares of Common Stock issued and outstanding as of Dec.
1, 2021.  

On Jan. 12, 2022, Interpace commenced its previously announced
rights offering pursuant to which the Company distributed
non-transferable subscription rights to each holder of its Common
Stock as well as to each holder of its outstanding warrants to
purchase Common Stock, in each case held as of 5:00 p.m. Eastern
Standard Time on Jan. 10, 2022, the record date for the Rights
Offering.  The subscription rights may be exercised at any time
during the subscription period, which commences on Jan. 13, 2022.
The rights will expire if they are not exercised by 5:00 p.m.,
Eastern Standard Time, on Feb. 2, 2022, unless the Issuer extends
the Rights Offering subscription period.  Each subscription right
will entitle the eligible holder to purchase .75 share of Common
Stock at a price per whole share of common stock of $6.65.  Holders
who fully exercise their rights may subscribe for additional shares
not subscribed for by other holders on a pro rata basis.

In connection with the Rights Offering, on Jan. 12, 2022, Kamin, on
behalf of himself, the Trusts and 3K Limited Partnership of which
Kamin serves as general partner and managing partner, and the
Issuer entered into a standby purchase agreement whereby, and
subject to the terms and conditions thereof, Kamin and each Trust
agreed to exercise all the Subscription Rights it receives pursuant
to the Rights Offering and the Standby Purchaser agreed to
purchase, in a private placement pursuant to Section 4(a)(2) of the
Securities Act of 1933, as amended, all shares that are not
subscribed for at the expiration of the Rights Offering to the
extent that other holders elect not to exercise all of their
respective Subscription Rights at a price per whole share equal to
the Subscription Price less $0.15, and upon the closing of the
Rights Offering, the Issuer agreed to pay the Standby Purchaser
$750,000 for its guarantee of the Rights Offering, as well as
reimburse the Investors for their reasonable legal and professional
out-of-pocket expenses in connection with the Rights Offering,
whether or not the Rights Offering is consummated.

A full-text copy of the regulatory filing is available for free
at:

https://www.sec.gov/Archives/edgar/data/937541/000117152022000034/eps9972.htm

                          About Interpace

Headquartered in Parsippany, NJ, Interpace Biosciences f/k/a
Interpace Diagnostics Group, Inc. -- http://www.interpace.com--
offers specialized services along the therapeutic value chain from
early diagnosis and prognostic planning to targeted therapeutic
applications.  Clinical services, through Interpace Diagnostics,
provides clinically useful molecular diagnostic tests,
bioinformatics and pathology services for evaluating risk of cancer
by leveraging the latest technology in personalized medicine for
improved patient diagnosis and management.  Pharma services,
through Interpace Pharma Solutions, provides pharmacogenomics
testing, genotyping, biorepository and other customized services to
the pharmaceutical and biotech industries.

Interpace Biosciences reported a net loss of $26.45 million for the
year ended Dec. 31, 2020, compared to a net loss of $26.74 million
for the year ended Dec. 31, 2019.  As of Sept. 30, 2021, the
Company had $40.31 million in total assets, $32.42 million in total
liabilities, $46.54 million in preferred stock, and a total
stockholders' deficit of $38.65 million.

Woodbridge, New Jersey-based BDO USA, LLP, the Company's auditor
since 2012, issued a "going concern" qualification in its report
dated April 1, 2021, citing that the Company has suffered operating
losses, has negative operating cash flows and is dependent upon its
ability to generate profitable operations in the future or obtain
additional financing to meet its obligations and repay its
liabilities arising from normal business operations when they come
due.  In addition, the Company has been materially impacted by the
outbreak of a novel coronavirus (COVID-19), which was declared a
global pandemic by the World Health Organization in March 2020.
These conditions raise substantial doubt about its ability to
continue as a going concern.


ION GEOPHYSICAL: Empery & Martin Hoe No Longer Own Common Shares
----------------------------------------------------------------
In an amended Schedule 13G filed with the Securities and Exchange
Commission, Empery Asset Management, LP and Martin D. Hoe disclosed
that as of Dec. 31, 2021, they have ceased to beneficially own
shares of common stock of ION Geophysical Corporation.  Meanwhile,
Ryan M. Lane beneficially owns 835 shares of common stock as of
December 31, 2021.  

A full-text copy of the regulatory filing is available for free at:


https://www.sec.gov/Archives/edgar/data/866609/000090266422000203/p22-0089sc13ga.htm

                             About ION

Headquartered in Houston, Texas, ION (NYSE: IO) --
http://www.iongeo.com-- is an innovative, asset light global
technology company that delivers powerful data-driven
decision-making offerings to offshore energy, ports and defense
industries.  The Company is entering a fourth industrial revolution
where technology is fundamentally changing how decisions are made.
The Company provides its services and products through two business
segments -- E&P Technology & Services and Operations Optimization.

ION Geophysical reported a net loss of $37.11 million for the year
ended Dec. 31, 2020, compared to a net loss of $47.21 million on
$174.68 million for the year ended Dec. 31, 2019.  As of Sept. 30,
2021, the Company had $190.91 million in total assets, $256.07
million in total liabilities, and a total deficit of $65.17
million.

Houston, Texas-based Grant Thornton LLP, the Company's auditor
since 2014, issued a "going concern" qualification in its report
dated Feb. 11, 2021, citing that as of Dec. 31, 2020, the Company
had outstanding $120.6 million aggregate principal amount of its
9.125% Senior Secured Second Priority Notes, which mature on Dec.
15, 2021.  The Notes, classified as current liabilities, caused the
Company's current liabilities to exceed its current assets by
$150.9 million and its total liabilities exceeds its total assets
by $71.1 million.  These conditions, along with other matters,
raise substantial doubt about the Company's ability to continue as
a going concern.

                             *   *   *

As reported by the TCR on Jan. 6, 2022, S&P Global Ratings lowered
its issuer credit rating on U.S.-based marine seismic data company
ION Geophysical Corp. to 'D' from CCC'.  S&P said the downgrade
reflects ION Geophysical's missed interest and principal payments
on its 8% senior secured notes due 2025 and its 9.125% unsecured
notes due 2021.


JOHNSTOWN CITY REDEVELOPMENT: S&P Cuts Sewer Bond Rating to 'BB'
-----------------------------------------------------------------
S&P Global Ratings has lowered its long-term rating by six notches
to 'BB' from 'A' on Johnstown City Redevelopment Authority, Pa.'s
(JRA) existing sewer revenue bonds. The outlook is stable.

"The rating action is driven by sharp declines in debt service
coverage and liquidity, which are expected to continue through at
least fiscal-year end 2023," said S&P Global Ratings credit analyst
Alan Shabatay.

Debt service coverage (DSC) has declined since fiscal year-end
(FYE) 2017, from about 2.2x to roughly 0.8x in FYE 2020, with
indications that coverage levels in FYE 2021 and 2022 will remain
below 1.0x. Similarly, unrestricted cash has declined from about
$8.6 million in 2019 to $3.7 million in 2021. Issuer-provided
projections show further declines, to about $1.1 million for FYE
2022, which represents only 60 days' operating expenses. The
authority's ability to raise rates to provide consistently
sufficient coverage is critical to both rating stability and any
positive future rating actions. S&P believes the authority's
history of volatile operating results leaves it vulnerable to
insufficient all-in DSC if rate increases are not implemented.
Interest is payable on February 15 and August 15 of each year, with
principal payments due on August 15.

S&P said, "In our view, environmental risks are elevated. Ongoing
violations at the treatment facility led the Pennsylvania
Department of Environmental Protection (PaDEP) to issue a consent
order and agreement (CO&A) in 2009 with JRA to eliminate all
sanitary sewer overflows (SSOs) and combined sewer overflows (CSOs)
from the sewer system by 2022. The authority will be requesting the
PaDEP to extend the deadlines to Nov. 30, 2023, for the new or
modified facilities and to Dec. 31, 2023, for the SSO eliminations.
The request was initiated as certain member municipalities are
requesting an extension, but the authority expects its projects to
be completed on schedule.

"We believe the authority's governance factors are elevated
compared with other similarly related utilities, as financial
projections are not updated regularly and the authority does not
maintain a formal liquidity policy, which we view as a credit
limitation. In our view, financial policies and rate-setting
practices have not resulted in sufficient all-in DSC for fiscal
years 2020 and 2021, and we believe margins could remain pressured
absent corrective action." Relying on liquidity to meet rate
covenants rather than maintaining positive operating margins
introduces significant risk given that the practice has resulted in
declining cash and postponement of necessary rate increases.

If expected rate increases either do not occur, or are not as
effective as expected, the rating or outlook would likely face
additional downward pressure. The key to rating stability will be a
rate structure that produces sufficient coverage levels absent the
ongoing use of reserves. This will require implementation of
sufficient rate increases and cost-control measures.

S&P is unlikely to raise the rating over the next two years, given
its view of the authority's variable financial performance over the
past five years and its ongoing consent order with PaDEP.



KDA PROPERTIES: Auction Sale and $50K Contribution to Fund Plan
---------------------------------------------------------------
KDA Properties, LLC, filed with the U.S. Bankruptcy Court for the
District of Colorado a Disclosure Statement describing Amended Plan
of Reorganization dated Jan. 10, 2022.

KDA Properties, LLC was formed on March 15, 2018. Prior to Debtor's
filing for bankruptcy, it owned (and operated through an affiliate
entity) a boutique hotel in downtown Denver, Colorado (the
"Hotel").

Since the Petition Date, the Debtor and Pangea have continued
negotiations and discussions concerning the potential sale of the
Property at auction upon mutually agreeable terms. In light of the
reinstitution of mask and capacity mandates in Denver, the Debtor
determined that recommencing operations was unlikely to be
successful and was unlikely be beneficial as compared to the cost.
As a result, the Debtor does not intend to operate, and instead, as
set forth herein and in the Plan, intends to sell the Property at
auction.

Just as the Debtor has not operated during the pendency of this
Chapter 11 case, it will not recommence operations following
confirmation. Following confirmation of the Plan, the Debtor will
pay its Creditors holding Allowed Secured Claims, pursuant to the
provisions of the confirmed Plan, from the Net Proceeds of the sale
of its Real Property after the Auction Sale. Creditors with Allowed
Unsecured Claims will be paid a Pro-Rata amount of their Allowed
Claim based on their respective Claim Amounts from (a) the Net
Proceeds of the Auction Sale, (b) the $50,000 contribution of the
Equity Interest Holders, and (c) any recovery or collection on the
Debtor's Accounts Receivable.

Upon confirmation of the Debtor's Plan, the Bankruptcy Estate's
Assets will be transferred to the Reorganized Debtor. The
pre-petition Equity Interest Holders interest in the Debtor will be
extinguished following the Auction Sale and distribution of Net
Proceeds to Creditors as set forth herein and in the Plan.

Class 1 consists of the Allowed Secured Property Tax Claim of the
Denver County Department of Finance Office. Class 1 is impaired
under the Plan. Creditor shall retain its priority lien securing
its claim to the same extent and with the same priority as its
pre-petition lien pending the closing of the Auction Sale of the
Debtor's Real Property, at which time any remaining unpaid balance
of principal and interest owing to the Class 1 creditor shall be
paid in full and the Class 1 creditor's lien shall be released.

Class 2 consists of the Secured Claim of Pangea. Pangea, shall
retain its lien securing its Claim to the same extent and with the
same priority as its pre-petition lien and shall be paid upon the
closing of the Auction Sale of the Debtor's Real Property, provided
that the Claim of the Class 2 creditor has been determined to be an
Allowed Secured Claim upon the entry of Final Orders in all pending
or to be filed Legal Proceedings.

Class 3 consists of the holders of Allowed Unsecured Claims. Class
4 is impaired under the Plan. The holders of allowed unsecured
claims in Class 3 shall be paid their ProRata shares based on
respective Claim amounts from the following: (a) the Net Proceeds
from the Auction Sale, if any; (b) the $50,000 contribution of the
Equity Interest Holders to be funded no later than sixty (60) days
following the Effective Date as set forth herein; and (c) the
Debtor's collection of any of its Accounts Receivable.

Class 4 consists of the Allowed Unsecured Claims of the Equity
Interest Holders, Suliaman and Ware, as the sole members of the
Debtor and holders of a prepetition equity interest in the Debtor.
Class 4 is impaired under the Plan. The holders of the pre-petition
equitable interests will relinquish their interests on the
Effective Date. The Class 4 Claims of the Equitable Interest
Holders shall be subject to the provisions of the Debtor's Plan.
Upon effectuation of the Plan as set forth herein, equity or
membership interests in the Debtor shall be cancelled if the
Allowed Claims of Unsecured Creditors are not paid in full.

Upon confirmation of the Plan, the Reorganized Debtor will
implement its Plan as follows:

     * Upon entry of the Confirmation Order, the Estate's Assets
shall be transferred to the Reorganized Debtor.

     * The Reorganized Debtor will:

     * Cease business operations, if any, upon entry of the
Confirmation Order;

     * Sell its Real Property through an Auction Sale as approved
by the Court in accordance with the applicable Rules for same;

     * The Reorganized Debtor will pay Allowed Chapter 11
Administrative Claims and Allowed Unsecured Claims under the Plan.

     * The Reorganized Debtor will pay to the holders of Allowed
Unsecured Claims their Pro Rata share of the Equity Interest
Holder's $50,000 contribution to be made no later than sixty (60)
days from the Effective Date.

     * The Debtor shall pay quarterly fees to the U.S. Trustee as
required by the Bankruptcy Code until the Chapter 11 case is
closed, converted to a Chapter 7 case or dismissed by the
Bankruptcy Court.

A full-text copy of the Disclosure Statement dated Jan. 10, 2022,
is available at https://bit.ly/3A0y2La from PacerMonitor.com at no
charge.

Attorneys for KDA Properties:

     Patrick D. Vellone, Esq.
     Rachel A. Sternlieb, Esq.
     Jeffrey A. Weinman, #7605
     Allen Vellone Wolf Helfrich & Factor, P.C.
     1600 Stout Street, Suite 1900
     Denver, CO 80202
     Tel: (303) 534-4499
     Email: pvellone@allen-vellone.com
            rsternlieb@allen-vellone.com
     E-mail: Jweinman@allen-vellone.com
     
                    About KDA Properties LLC

Denver-based KDA Properties filed its voluntary petition for
Chapter 11 protection (Bankr. D. Colo. Case No. 21-14821) on Sept.
21, 2021, listing $11,610,138 in assets and $9,609,712 in
liabilities. Amin Suliaman, managing member of KDA Properties,
signed the petition.

Judge Elizabeth E. Brown oversees the case.

Jeffrey A. Weinman, Esq., at Weinman & Associates, P.C., and Allen
Vellone Wolf Helfrich & Factor, P.C., serve as the Debtor's
bankruptcy counsel and special counsel, respectively.


LATAM AIRLINES: Some Creditors Seek Alternative Proposal
--------------------------------------------------------
Jeremy Hill of Bloomberg News reports that some Latam Airlines
Group SA creditors are so displeased with the carrier's strategy to
exit bankruptcy that they're working on an alternative proposal,
according to court papers.

A group of investment firms is working with Latam Air's official
low-ranking creditor group "to explore the development and
consummation of potential alternative" transactions, including a
sale to rival Azul SA, court papers show.  As of Dec. 29, the group
included Avenue Capital Management, Pentwater Capital Management
and Invictus Global Management, disclosures show.

                    About LATAM Airlines Group

LATAM Airlines Group S.A. -- http://www.latam.com/-- is a
pan-Latin American airline holding company involved in the
transportation of passengers and cargo and operates as one unified
business enterprise. It is the largest passenger airline in South
America.

Before the onset of the COVID-19 pandemic, LATAM offered passenger
transport services to 145 different destinations in 26 countries,
including domestic flights in Argentina, Brazil, Chile, Colombia,
Ecuador and Peru, and international services within Latin America
as well as to Europe, the United States, the Caribbean, Oceania,
Asia and Africa.

LATAM and its 28 affiliates sought Chapter 11 protection (Bankr.
S.D.N.Y. Lead Case No. 20-11254) on May 25, 2020. Affiliates in
Chile, Peru, Colombia, Ecuador and the United States are part of
the Chapter 11 filing.

The Debtors disclosed $21,087,806,000 in total assets and
$17,958,629,000 in total liabilities as of Dec. 31, 2019.

The Hon. James L. Garrity, Jr., is the case judge.

The Debtors tapped Cleary Gottlieb Steen & Hamilton LLP as
bankruptcy counsel, FTI Consulting as restructuring advisor, Lee
Brock Camargo Advogados as local Brazilian litigation counsel, and
Togut, Segal & Segal LLP and Claro & Cia in Chile as special
counsel.  The Boston Consulting Group, Inc. and The Boston
Consulting Group UK LLP serve as the Debtors' strategic advisors.
Prime Clerk LLC is the claims agent.

The official committee of unsecured creditors formed in the case
tapped Dechert LLP as its bankruptcy counsel, Klestadt Winters
Jureller Southard & Stevens, LLP as conflicts counsel, UBS
Securities LLC as investment banker, and Conway MacKenzie, LLC as
financial advisor. Ferro Castro Neves Daltro & Gomide Advogados is
the committee's Brazilian counsel.

The Ad Hoc Group of LATAM Bondholders tapped White & Case LLP as
counsel.

Glenn Agre Bergman & Fuentes, LLP, led by managing partner Andrew
Glenn and partner Shai Schmidt, has been retained as counsel to the
Ad Hoc Committee of Shareholders.


LTL MANAGEMENT: J&J Strategy Gets Final Test in February
--------------------------------------------------------
Bloomberg News reports that Johnson & Johnson should know by the
end of February 2022 whether its controversial use of bankruptcy to
try to resolve billions of dollars in cancer claims can proceed, or
if the consumer products giant must fight roughly 38,000 lawsuits
individually.

U.S. Bankruptcy Judge Michael B. Kaplan said in court Friday,
January 14, 2022, that he will rule by Feb. 28 on a demand to throw
out the bankruptcy case filed by a J&J unit responsible for paying
claims related to allegations that its baby powder causes certain
cancers.

                     About Johnson & Johnson

Johnson & Johnson is an American multinational corporation founded
in 1886 that develops medical devices, pharmaceuticals, and
consumer packaged goods.  It is the world's largest and most
broadly based healthcare company.

Johnson & Johnson is headquartered in New Brunswick, New Jersey,
the consumer division being located in Skillman, New Jersey.  The
corporation includes some 250 subsidiary companies with operations
in 60 countries and products sold in over 175 countries.

The corporation had worldwide sales of $82.6 billion in 2020.

                        About LTL Management

LTL Management, LLC, is a subsidiary of Johnson & Johnson (J&J),
which was formed to manage and defend thousands of talc-related
claims and oversee the operations of Royalty A&M. Royalty A&M owns
a portfolio of royalty revenue streams, including royalty revenue
streams based on third-party sales of LACTAID, MYLANTA/MYLICON and
ROGAINE products.

LTL Management filed a petition for Chapter 11 protection (Bankr.
W.D.N.C. Case No. 21-30589) on Oct. 14, 2021. The case was
transferred to New Jersey (Bankr. D.N.J. Case No. 21-30589) on Nov.
16, 2021. The Hon. Michael B. Kaplan is the case judge. At the time
of the filing, the Debtor was estimated to have $1 billion to $10
billion in both assets and liabilities.

The Debtor tapped Jones Day, Rayburn Cooper & Durham, P.A. and
Wollmuth Maher & Deutsch, LLP as bankruptcy counsel; King &
Spalding, LLP and Shook, Hardy & Bacon LLP as special counsel;
McCarter & English, LLP as litigation consultant; Bates White, LLC
as financial consultant; and AlixPartners, LLP as restructuring
advisor.  Epiq Corporate Restructuring, LLC is the claims agent.

U.S. Bankruptcy Administrator Shelley Abel formed an official
committee of talc claimants in the Debtor's Chapter 11 case.  The
committee tapped Bailey & Glasser, LLP, Otterbourg, P.C. and Brown
Rudnick, LLP as bankruptcy counsel; and Massey & Gail, LLP and
Parkins Lee & Rubio, LLP as special counsel.  Houlihan Lokey
Capital, Inc. serves as the committee's investment banker.


LTL MANAGEMENT: Judge Gives Ch. 11 Dismissal Bid Prominence
-----------------------------------------------------------
Vince Sullivan of Law360 reports that Johnson & Johnson's bankrupt
talc subsidiary, LTL Management, will litigate its quest for an
injunction barring claims against non-debtor entities at the same
time as talc injury claimants argue for the bad-faith dismissal of
the Chapter 11 case, a New Jersey judge ruled Friday, January 14,
2022.

During a virtual hearing, Judge Michael B. Kaplan of the U. S.
Bankruptcy Court for the District of New Jersey said it made sense
to delay the motion of LTL Management LLC to make permanent the
injunction that has stopped the prosecution of talc claims against
J&J and others until the claimants' motion to dismiss the company's
Chapter 11 case.

                       About LTL Management

LTL Management, LLC, is a subsidiary of Johnson & Johnson (J&J),
which was formed to manage and defend thousands of talc-related
claims and oversee the operations of Royalty A&M.  Royalty A&M owns
a portfolio of royalty revenue streams, including royalty revenue
streams based on third-party sales of LACTAID, MYLANTA/MYLICON and
ROGAINE products.

LTL Management filed a petition for Chapter 11 protection (Bankr.
W.D.N.C. Case No. 21-30589) on Oct. 14, 2021. The case was
transferred to New Jersey (Bankr. D.N.J. Case No. 21-30589) on Nov.
16, 2021. The Hon. Michael B. Kaplan is the case judge. At the time
of the filing, the Debtor was estimated to have $1 billion to $10
billion in both assets and liabilities.

The Debtor tapped Jones Day, Rayburn Cooper & Durham, P.A. and
Wollmuth Maher & Deutsch, LLP as bankruptcy counsel; King &
Spalding, LLP and Shook, Hardy & Bacon LLP as special counsel;
McCarter & English, LLP as litigation consultant; Bates White, LLC
as financial consultant; and AlixPartners, LLP as restructuring
advisor. Epiq Corporate Restructuring, LLC is the claims agent.

U.S. Bankruptcy Administrator Shelley Abel formed an official
committee of talc claimants in the Debtor's Chapter 11 case.  The
committee tapped Bailey & Glasser, LLP, Otterbourg, P.C. and Brown
Rudnick, LLP as bankruptcy counsel; and Massey & Gail, LLP and
Parkins Lee & Rubio, LLP as special counsel.  Houlihan Lokey
Capital, Inc. serves as the committee's investment banker.

                    About Johnson & Johnson

Johnson & Johnson is an American multinational corporation founded
in 1886 that develops medical devices, pharmaceuticals, and
consumer packaged goods. It is the world's largest and most broadly
based healthcare company.

Johnson & Johnson is headquartered in New Brunswick, New Jersey,
the consumer division being located in Skillman, New Jersey.  The
corporation includes some 250 subsidiary companies with operations
in 60 countries and products sold in over 175 countries.

The corporation had worldwide sales of $82.6 billion in 2020.


LTL MANAGEMENT: US Trustee Opposes Bid to Reinstate Talc Committee
------------------------------------------------------------------
Andrew Vara, the U.S. Trustee for Regions 3 and 9, asked the U.S.
Bankruptcy Court for the District of New Jersey to deny the motions
filed by LTL Management, LLC and Arnold & Itkin, LLP related to the
reconstitution of the official talc claimants' committee appointed
in the company's Chapter 11 case and the formation of an additional
committee.

Earlier this month, LTL Management and Arnold & Itkin asked the
court to disband the additional committee that the U.S. trustee
appointed, and modify the membership of the reconstituted talc
committee to remove additional members and reappoint those who were
removed by the bankruptcy watchdog.  Both argued there is no legal
basis to support the formation of two separate official committees
to represent claimants based on the nature of the cancer that is
alleged to have resulted from the use of talc products of Johnson &
Johnson, the parent company of LTL Management.

In court papers, the U.S. trustee said the motions "fail as a
matter of law and should be denied."

"The Bankruptcy Code does not authorize the court to disband an
official committee appointed by the U.S. trustee under Section
1102(a)(1)," Mr. Vara argued.  He pointed out that although the
court may order the U.S. trustee to change the membership of an
official committee to assure adequate representation, it may not
veto the bankruptcy watchdog's decision under Section 1102(a)(1) to
appoint an official committee, either mandatory or additional.

Mr. Vara also argued that LTL Management and Arnold & Itkin neither
argue nor prove that reverting to the original committee is
"necessary to assure adequate representation, the absolute
predicate for relief
under section 1102(a)(4)."

"Rather, the movants simply argue that the court should revert back
to the prior committee membership that they prefer because two
committees are not necessary and is too expensive but these are not
the statutory standards," the U.S. trustee said.

Mr. Vara further said that even if LTL Management's estate were "on
the hook" to pay administrative expenses, the court has authority
over fee applications to ensure that all compensation is reasonable
and necessary.

"The alleged cost is a red herring because J&J, not [LTL
Management], is obligated to pay all costs of administration," Mr.
Vara argued.

Motley Rice, LLC, the law firm representing an LTL Management
claimant, and the official talc claimants' committees also
criticized the motions, saying both the creditors and the
bankruptcy case will be best served by giving independent voices to
the two sets of claimants through the separate committees that the
U.S. trustee formed.

The Official Committee of Talc Claimants I is represented by:

     Daniel M. Stolz, Esq.
     Donald W. Clarke, Esq.
     Genova Burns, LLC
     110 Allen Road, Suite 304
     Basking Ridge, NJ 07920
     Tel: 973-467-2700
     Fax: 973-467-8126
     Email: dstolz@genovaburns.com
            dclarke@genovaburns.com

The Official Committee of Talc Claimants II is represented by:

     Arthur J. Abramowitz, Esq.
     Ross J. Switkes, Esq.
     Sherman, Silverstein, Kohl, Rose & Podolsky, P.A.
     308 Harper Drive, Suite 200
     Moorestown, NJ 08057
     Tel: (856) 662-0700
     Email: aabramowitz@shermansilverstein.com
            rswitkes@shermansilverstein.com

                      About LTL Management

LTL Management, LLC, is a subsidiary of Johnson & Johnson (J&J),
which was formed to manage and defend thousands of talc-related
claims and oversee the operations of Royalty A&M. Royalty A&M owns
a portfolio of royalty revenue streams, including royalty revenue
streams based on third-party sales of LACTAID, MYLANTA/MYLICON and
ROGAINE products.

LTL Management filed a petition for Chapter 11 protection (Bankr.
W.D.N.C. Case No. 21-30589) on Oct. 14, 2021. The case was
transferred to New Jersey (Bankr. D. N.J. Case No. 21-30589) on
Nov. 16, 2021. The Hon. Michael B. Kaplan is the case judge.  At
the time of the filing, the Debtor was estimated to have $1 billion
to $10 billion in both assets and liabilities.

The Debtor tapped Jones Day and Rayburn Cooper & Durham, P.A. as
bankruptcy counsel; King & Spalding, LLP and Shook, Hardy & Bacon
LLP as special counsel; McCarter & English, LLP as litigation
consultant; Bates White, LLC as financial consultant; and
AlixPartners, LLP as restructuring advisor. Epiq Corporate
Restructuring, LLC is the claims agent.

An official committee of talc claimants was formed in the Debtor's
Chapter 11 case on Nov. 9, 2021.  On December 24, 2021, the U.S.
Trustee for Regions 3 and 9 reconstituted the talc claimants'
committee and appointed two separate committees: (i) the official
committee of talc claimants I, which represents ovarian cancer
claimants, and (ii) the official committee of talc claimants II,
which represents mesothelioma claimants.

The official committee of talc claimants I tapped Genova Burns LLC,
Brown Rudnick LLP, Otterbourg PC and Parkins Lee & Rubio LLP as its
legal counsel.  Meanwhile, the official committee of talc claimants
II is represented by the law firms of Cooley LLP, Bailey Glasser
LLP, Waldrep Wall Babcock & Bailey PLLC, Massey & Gail LLP, and
Sherman Silverstein Kohl Rose & Podolsky P.A.  
  
                     About Johnson & Johnson

Johnson & Johnson is an American multinational corporation founded
in 1886 that develops medical devices, pharmaceuticals, and
consumer packaged goods. It is the world's largest and most broadly
based healthcare company.

Johnson & Johnson is headquartered in New Brunswick, New Jersey,
the consumer division being located in Skillman, New Jersey. The
corporation includes some 250 subsidiary companies with operations
in 60 countries and products sold in over 175 countries.

The corporation had worldwide sales of $82.6 billion in 2020.


LTL MANAGEMENT: UST Challenges Info Request on 2 Tort Committees
----------------------------------------------------------------
The U.S. Trustee is pushing back on a Johnson & Johnson spinoff's
request seeking information on government-created committees that
represent tort claimants allegedly hurt by the healthcare giant's
talc products.

The Justice Department's bankruptcy watchdog, which created the two
separate tort claimant committees, asked the U.S. Bankruptcy Court
for the District of New Jersey to quash LTL Management LLC's
deposition request.

On Nov. 8, 2021, the Bankruptcy Court for the Western District of
North Carolina filed an Order Appointing the Official Committee of
Talc Claimants.  On Nov. 16, 2021, an order was entered
transferring venue of this case to the District of New Jersey.  On
Dec. 23, 2021, Andrew R. Vara, the United States Trustee for Region
3, reconstituted and amended the Official Committee of Talc
Claimants and appointed the Official Committee of Talc Claimants I
and the Official Committee of Talc Claimants II.  Seven members of
the North Carolina Committee remain on Committee I, joined by two
additional members.  The remaining four members of the North
Carolina Committee are now on Committee II, joined by three
additional members.

On Jan. 3, 2022, Debtor filed a Motion for an Order Determining
that the United States Trustee's Notice of "Reconstituted and
Amended" Talc Claimants Committee is Invalid and Reinstating that
Committee (the "Committee Motion").  The Debtor seeks an order
determining that the Notice filed on Dec. 23, 2021, is invalid and
asks that the New Jersey Bankruptcy Court reinstate the North
Carolina Committee.  Responses and objections to the Committee
Motion are due Jan. 14, 2022, and the Committee Motion is set for
hearing on Jan. 19, 2022.  The U.S. Trustee will file an objection
to the Committee Motion by the Jan. 14, 2022 deadline.

With respect to its Committee Motion, on Jan. 4, 2022, the Debtor
served written discovery requests on the U.S. Trustee consisting of
25 interrogatories and 7 requests for production, demanding
responses be served in 7 days.  In addition, Debtor served the
Notice of
Deposition, which was directed at an "officer, agent or attorney of
the Office of the United States Trustee."

In general, the Debtor seeks discovery and deposition testimony on
communications concerning the "formation or constitution" of
Committee I and Committee II or any other contemplated committee or
"other grouping of representative claimants for the purpose of
participation in this chapter 11 case."  In addition, Debtor seeks
deposition testimony on the "reason, rationale, or basis" of the
formation or constitution of Committees I and II, and for
reconstituting or amending the membership of the North Carolina
Committee.

On Jan. 11, 2022, the U.S. Trustee served objections to the written
discovery requests.  On Jan. 12, 2022, counsel for the U.S. Trustee
engaged in a meet and confer discovery conference with counsel for
the Debtor, but the parties were unable to resolve the U.S.
Trustee’s objections to the Notice of Deposition.  Accordingly,
the U.S. Trustee seeks entry of a protective order quashing the
Notice of Deposition.

                       About LTL Management

LTL Management, LLC, is a subsidiary of Johnson & Johnson (J&J),
which was formed to manage and defend thousands of talc-related
claims and oversee the operations of Royalty A&M. Royalty A&M owns
a portfolio of royalty revenue streams, including royalty revenue
streams based on third-party sales of LACTAID, MYLANTA/MYLICON and
ROGAINE products.

LTL Management filed a petition for Chapter 11 protection (Bankr.
W.D.N.C. Case No. 21-30589) on Oct. 14, 2021. The case was
transferred to New Jersey (Bankr. D.N.J. Case No. 21-30589) on Nov.
16, 2021. The Hon. Michael B. Kaplan is the case judge. At the time
of the filing, the Debtor was estimated to have $1 billion to $10
billion in both assets and liabilities.

The Debtor tapped Jones Day, Rayburn Cooper & Durham, P.A. and
Wollmuth Maher & Deutsch, LLP as bankruptcy counsel; King &
Spalding, LLP and Shook, Hardy & Bacon LLP as special counsel;
McCarter & English, LLP as litigation consultant; Bates White, LLC
as financial consultant; and AlixPartners, LLP as restructuring
advisor. Epiq Corporate Restructuring, LLC is the claims agent.

U.S. Bankruptcy Administrator Shelley Abel formed an official
committee of talc claimants in the Debtor's Chapter 11 case.  The
committee tapped Bailey & Glasser, LLP, Otterbourg, P.C. and Brown
Rudnick, LLP as bankruptcy counsel; and Massey & Gail, LLP and
Parkins Lee & Rubio, LLP as special counsel.  Houlihan Lokey
Capital, Inc. serves as the committee's investment banker.

                     About Johnson & Johnson

Johnson & Johnson is an American multinational corporation founded
in 1886 that develops medical devices, pharmaceuticals, and
consumer packaged goods. It is the world's largest and most broadly
based healthcare company.

Johnson & Johnson is headquartered in New Brunswick, New Jersey,
the consumer division being located in Skillman, New Jersey.  The
corporation includes some 250 subsidiary companies with operations
in 60 countries and products sold in over 175 countries.

The corporation had worldwide sales of $82.6 billion in 2020.


MALLINCKRODT PLC: Asks Court OK of $66M Securities Fraud Settlement
-------------------------------------------------------------------
Alex Wolf of Bloomberg Law reports that Mallinckrodt Plc urged a
bankruptcy court to approve its $65.75 million proposed settlement
resolving a securities fraud class action over statements about
revenues from its Acthar Gel product.

Product purchasers have opposed the deal, citing that shareholders
would unfairly benefit. In defending the deal, Mallinckrodt said
Wednesday that the deal puts to rest claims that could stretch on
after its bankruptcy proceedings have concluded.

The deal has been on hold for several months as the drugmaker
worked to gain court approval of its Chapter 11 plan.

                    About Mallinckrodt PLC

Mallinckrodt -- http://www.mallinckrodt.com/-- is a global
business consisting of multiple wholly-owned subsidiaries that
develop, manufacture, market and distribute specialty
pharmaceutical products and therapies.  The company's Specialty
Brands reportable segment's areas of focus include autoimmune and
rare diseases in specialty areas like neurology, rheumatology,
nephrology, pulmonology and ophthalmology; immunotherapy and
neonatal respiratory critical care therapies; analgesics; and
gastrointestinal products.  Its Specialty Generics reportable
segment includes specialty generic drugs and active pharmaceutical
ingredients.

On Oct. 12, 2020, Mallinckrodt plc and certain of its affiliates
sought Chapter 11 protection in Delaware (Bankr. D. Del. Lead Case
No. 20-12522) to seek approval of a restructuring that would reduce
total debt by $1.3 billion and resolve opioid-related claims
against them.

Mallinckrodt plc disclosed $9,584,626,122 in assets and
$8,647,811,427 in liabilities as of Sept. 25, 2020.

Judge John T. Dorsey oversees the cases.

The Debtors tapped Latham & Watkins LLP and Richards, Layton &
Finger P.A. as their bankruptcy counsel; Arthur Cox and Wachtell,
Lipton, Rosen & Katz as corporate and finance counsel; Ropes & Gray
LLP as litigation counsel; Torys LLP as CCAA counsel; Guggenheim
Securities LLC as investment banker; and AlixPartners LLP as
restructuring advisor.  Prime Clerk, LLC, is the claims agent.

The official committee of unsecured creditors retained Cooley LLP
as its legal counsel, Robinson & Cole LLP as co-counsel, and Dundon
Advisers LLC as its financial advisor.

On Oct. 27, 2020, the U.S. Trustee for Region 3 appointed an
official committee of opioid related claimants. The OCC tapped Akin
Gump Strauss Hauer & Feld LLP as its lead counsel, Cole Schotz as
Delaware co-counsel, Province Inc. as financial advisor, and
Jefferies LLC as investment banker.

A confirmation trial for the Debtors' First Amended Joint Plan of
Reorganization was set to begin Nov. 1, 2021.  The Confirmation
Hearing is slated to have two phases.  Phase 1 commenced the week
of Nov. 1.  Phase 2 will begin on or around the week of Nov. 15,
when the Acthar Administrative Claims Hearing proceedings conclude.


MAPLE 888 GOLDEN: Unsecureds to Get $93.47%; Plan Hearing Feb. 22
-----------------------------------------------------------------
Maple 888 Golden Tower LLC submitted a Disclosure Statement
describing its Chapter 11 Plan.

The reason why a Chapter 11 reorganization is preferable to Chapter
7 liquidation for the Debtor are as follows:

     * Prior to default, the Debtor acted reasonably in attempting
to obtain a loan extension from the Secured Creditor that started
in December of 2019.

     * The Debtor was led to believe that the Secured Creditor
agreed to the loan extension and thus, was in the process of
negotiating the terms of the extension with a person who purported
to the secured creditor's nephew with an annual interest rate of
6%.

     * However, at the last hour, the Debtor was advised that a
loan extension would not be given under the terms that were
discussed. At this time, due to the Covid-19 Pandemic, the Debtor
was unable to refinance from a traditional bank because the banks
suspended lending due to the Pandemic.

     * The Debtor has been diligent in arranging financing as well
as raising additional capital to fulfill its reorganization plan.

     * The Debtor intends to develop the vacant lot, which would
provide additional housing and parking to alleviate the housing and
parking crisis in the Flushing community in Queens County. This
additional development would also generate additional rental income
for the Debtor;

     * The Debtor has been acting in good faith and is motivated by
legitimate reorganization purpose and is not principally guided by
a desire to avoid foreclosure of the property. The Debtor has been
actively managing the property and has been acting in good faith in
actively seeking refinancing to repay the creditors in order to
return back to normal operations.

Class 2 Secured claims holder Mohammad A. Malik is impaired by the
Plan. Mohammad A. Malik will be paid in full principal $11,050,000.
The adjusted secured debt will be paid in full, in cash of a total
value $12,155,000 where payments will begin and end on the
effective date of the Plan.

Class 3 Non-priority unsecured creditors will be impaired. This
Class will receive a distribution of 93.47% of their allowed
claims. Payment in full, in cash of $1,674,250.00 on the effective
date of the Plan. The repayment will start and end on the effective
date of the Plan.

Class 4 Equity security holders of the Debtor will be impaired.
This Class will have no repayment until Class 1, Class 2, and Class
3 are satisfied. This is a chapter 11 reorganization case and not a
chapter 7 case. All equity interest holders will have the same
equity interest Post Confirmation of the Plan.

Payments and distributions under the Plan will be funded by capital
infusion and refinance, rental income.

The Plan Proponent's financial projections show that the Debtor
will have an aggregate annual average cash flow of $550,000.00,
after paying operating expenses and post-confirmation taxes. The
final Plan payment is expected to be paid on the Plan Effective
Date.

The Court has scheduled February 22, 2022 at 11:00 a.m. as the
telephonic hearing to confirm the plan. February 15, 2022 at 5:00
p.m. as the deadline for voting to accept or reject the plan, and
February 15, 2022 at 4:00 p.m. as the deadline for objecting to
confirmation of the plan.

A full-text copy of the Disclosure Statement dated Jan. 10, 2022,
is available at https://bit.ly/3KgJd75 from PacerMonitor.com at no
charge.

                      About Maple 888 Golden

Maple 888 Golden Tower LLC is engaged in activities related to real
estate.  It filed a Chapter 11 petition (Bankr. E.D.N.Y Case No.
21-42451) on Sept. 28, 2021.  In the petition signed by Xiangyu
Cao, managing member, the Debtor disclosed $20,914,578 in assets
and up to $16,377,122 in liabilities.  The Hon. Jil Mazer-Marino
oversees the case.  Sang J. Sim, Esq. of SIM & DEPAOLA, LLP is the
Debtor's counsel.


MINESEN COMPANY: Taps Joseph M. Salvator as Accountant
------------------------------------------------------
The Minesen Company, a Colorado Corporation seeks approval from the
U.S. Bankruptcy Court for the District of Hawaii to employ Joseph
M. Salvator C.P.A., P.C. as accountant.

The firm's services include preparing compilation reports and
reviewing the Debtor's monthly internal financial statements.

Joseph M. Salvator will be paid a flat fee of $40,000, plus out of
pocket expenses for the compilation of reports. The firm will be
paid at the rate of $325 per hour for partners and $150 to $225 per
hour for staff for the review of monthly financial statements.

As disclosed in court filings, Joseph M. Salvator is a
"disinterested person" within the meaning of Section 101(14) of the
Bankruptcy Code.

The firm can be reached at:

     Joseph M. Salvator C.P.A., P.C.
     40 Crossways Park Dr Suite 106
     Woodbury, NY 11797
     Tel: (516) 261-6213

                     About The Minesen Company

The Minesen Company -- http://www.innatschofield.com/-- owns a
transient military lodging facility at Schofield Barracks in
central Oahu known as the Inn at Schofield Barracks. Amenities
include queen-sized beds, coffee maker, refrigerator, microwave,
television, Internet, air conditioning, laundry, and 24-hour
convenience store.

The Minesen Company filed a petition for Chapter 11 protection
(Bankr. D. Hawaii Case No. 19-00849) on July 4, 2019, listing up to
$50 million in assets and up to $10 million in liabilities. Max
Jensen, president of The Minesen Company, signed the petition.

Judge Robert J. Faris oversees the case.

Goodsill Anderson Quiin & Stifel and Snell & Wilmer, LLP serve as
the Debtor's bankruptcy counsel and special counsel, respectively.
Joseph M. Salvator C.P.A., P.C. is the Debtor's accountant.


MOBY SPA: Hits Chapter 15 Bankruptcy Protection
-----------------------------------------------
Moby SpA, the ferry company that connects Italy's mainland with its
islands, filed for Chapter 15 bankruptcy proceedings in the U.S. as
it seeks to complete a troubled restructuring process at home.

Moby and its group of companies are successful Italian ferry and
cruise operators maintaining routes in both the Mediterranean and
Baltic Seas.

Despite its success, in the recent years, Moby Group's
profitability decreased due to: (a) an increased competition; (b)
expenses associated with Moby Group's expansion in the
Mediterranean and Baltic Seas; and (c) increase d costs, including
for fuel and other port-related expenses.  In late 2019/early 2020,
Moby became the target of an involuntary bankruptcy proceeding in
Italy.  The Italian Bankruptcy Court dismissed the involuntary
proceeding because Moby, despite its financial difficulties, was a
solvent company.

In early 2020, the Moby Group's financial situation deteriorated
because of the effect the COVID-19 pandemic had on its cruise and
ferry businesses, resulting in a stiff decrease of ticket sale
revenues. Between late 2019 and the first half of 2020, Moby
negotiated a potential debt restructuring with certain creditors of
the Moby Group, including those that had filed the involuntary
bankruptcy petition in Italy.

Despite the progress of creditor discussions, certain creditors
continued to threaten Moby Group's business continuity.  Thus, on
June 30, 2020, Moby and its main subsidiary Compagnia Italiana di
Navigazione S.p.A. ("CIN," and together with Moby, the "Italian
Debtors") filed two separate applications for judicial
restructuring pursuant to article 161, sixth paragraph, of Royal
Decree No. 267/1942 (the "Italian Bankruptcy Law") (the
"Application[s]").  Consequently, from July 1, 2020 onwards, any
acts by Moby and CIN's creditors to start or continue enforcement
and foreclosure proceedings over Moby and CIN’s assets have been
automatically "stayed."  Such "stay" will remain in force as long
as Moby and CIN's respective insolvency proceedings are pending.

The Italian Bankruptcy Court accepted the Italian Debtors'
Applications on July 9, 2020, authorizing the Italian Debtors to
potentially reach an agreement with their creditors under the
Italian Bankruptcy Court's supervision.  On March 29, 2021, Moby
filed its proposal for an agreement with creditors with the Italian
Bankruptcy Court.  CIN did so on May 24, 2021.

On June 24, 2021, the Italian Bankruptcy Court authorized Moby to
proceed to the next stages of judicial restructuring.

In order to allow for an expeditious and effective commercial
restructuring in the Italian Insolvency Proceeding, including
enforcing all rights and obligations under the Indenture and other
agreements, Moby now seeks the protections afforded by Chapter 15
of the U.S. Bankruptcy Code.

                          About Moby Spa

Moby SpA is an Italian shipping company that operates ferries and
cruiseferries between the Italian or French mainland and the
islands of Elba, Sardinia and Corsica.

Moby SpA sought Chapter 15 bankruptcy protection (Bankr. S.D. Fla.
Case No. 22-10311) on Jan. 14, 2022, to seek U.S. recognition of
its restructuring proceedings in Italy.

Patricia B Tomasco of Quinn Emanuel Urquhart & Sullivan, LLP, is
the U.S. counsel.


MOSAIC MANAGEMENT: 11th Cir. Says Fee Raise Constitutional
----------------------------------------------------------
The Eleventh Circuit ruled that a temporary disparity in U.S.
Trustee fees charged to Chapter 11 debtors is constitutional.

The Jan. 14, 2022 decision from the U.S. Court of Appeals for the
Eleventh Circuit adds to a circuit split on the issue, which the
U.S. Supreme Court agreed to consider in a separate case stemming
from Circuit City's bankruptcy.

If the high court ultimately finds the disparity unconstitutional,
the U.S. Trustee could be required to return some $100 million in
fees that are collected to fund the federal bankruptcy watchdog's
operations, according to Bloomberg Law.

Quarterly fees are collected pursuant to 28 U.S.C. Sec. 1930 in
each quarter of a chapter 11 bankruptcy based on the amount of
disbursements made.  The United States Trustee collects the fees
in most districts in the country, while an arm of the Judicial
Conference does so in six.

This case before the 11th Circuit, UNITED STATES TRUSTEE REGION 21,
Plaintiff-Appellee Cross-Appellant, versus BAST AMRON LLP,
Defendant-Appellant Cross-Appellee, (In re Mosaic Management Group,
Inc.), is a challenge to the 2017 legislation that increased the
quarterly fee chargeable for the largest chapter 11 bankruptcies,
those distributing $1 million or more in a given quarter.

The bankruptcy court determined that the increased fees applied to
the instant case and that the only constitutional violation was a
partial uniformity issue.  After thorough review and with the
benefit of oral argument, the 11th Circuit judges JORDAN, BRASHER,
and ANDERSON concluded that the 2017 legislation applied to this
pending bankruptcy case without a due process violation and without
of-fending a uniformity requirement, the only source of which is
the Bankruptcy Uniformity Clause.

"[W]e hold that the 2017 Amendment properly applied in this case
because Congress clearly expressed its intent to this effect. We
also hold that the 2017 Amendment does not violate substantive due
process and is not a tax subject to the Tax Uniformity Clause.
Finally, we hold that the 2017 Amendment presents no violation of
the Bankruptcy Uniformity Clause.  Accordingly, the judgment of the
bankruptcy court is affirmed in all respects, except we reverse the
bankruptcy court’s holding that the 2% allocation of fees
collected constituted a partial nonuniformity in violation of the
Bankruptcy Uniformity Clause.  We remand for proceedings not
inconsistent with this opinion," according to an opinion written by
Judge Anderson.

A copy of the Jan. 14, 2022 opinion is available at:
https://media.ca11.uscourts.gov/opinions/pub/files/202012547.pdf

                About Mosaic Management Group

Founded in 2001, Mosaic Management was a financial services
organization that provided management oversight and administration
services for portfolios of life insurance policies.  Mosaic
Alternative was established in the British Virgin Islands in 2003
under the name of Mosaic Caribe Ltd., with the model of promoting
international sales of life settlement products to prospective
investors.

Mosaic was engaged in the business of buying existing life
insurance policies, and then selling fractional interests in those
policies to others.  In the typical life settlement transaction,
Mosaic purchased policies from the insureds for a cash settlement
for an amount in excess of the contract's cash surrender value but
less than its death benefit. To fund these purchases and its
business operations, Mosaic sold fractionalized interests in the
policies' future benefits to "investors" or "purchasers" -- i.e.,
Investors, Landau Investors, and Lapolla Investors.

Mosaic Management Group, Inc., and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Lead Case
No. 16-20833) on Aug. 4, 2016.  The petitions were signed by
Charles Thomas Ryals, president and chief executive officer.

Judge Erik P. Kimball presides over the case.

The Debtors hired the law firm of Berger Singerman LLP as general
bankruptcy counsel when they sought bankruptcy protection.
However, when Andrew Murphy assumed leadership of the Debtors, the
Debtors terminated Berger Singerman and hired Tripp Scott, P.A., as
general bankruptcy counsel.

Furr & Cohen, P.A., is counsel to the official committee of
unsecured creditors.

Bast Amron LLP is counsel to the official committee of investor
creditors.

Margaret J. Smith, was appointed by the court as investment trustee
under the Mosaic Investment Trust Agreement.  The investment
trustee hired Bast Amron LLP as counsel, GlassRatner Advisory &
Capital Group, LLC as financial advisor, and Berkowitz Pollack
Brant Advisors and Accountants as international tax accountant.

On June 6, 2017, the bankruptcy court entered an order confirming a
joint chapter 11 plan.  Under the plan, virtually all the Debtors'
assets were transferred to an investment trust to which Margaret J.
Smith was appointed as investment trustee.


NATURAL RESOURCE: S&P Alters Outlook to Stable, Affirms 'B' ICR
---------------------------------------------------------------
S&P Global Ratings revised its outlook to stable from negative on
U.S.–based minerals properties lessor Natural Resource Partners
L.P. (NRP) and affirmed its 'B' issuer credit rating, 'B+'
issue-level rating, and '2' recovery rating on NRP's $300 million
senior unsecured notes.

S&P said, "The stable outlook reflects our view that leverage will
remain in the 5x-6x range over the next 12 months, even when coal
prices moderate from the peaks seen in 2021.

"We expect the favorable end market dynamics that drove the
resurgence in NRP's revenues in the second half of 2021 to flow
through into 2022, even as prices ease. We now anticipate total
revenues of nearly $165 million-$200 million and EBITDA of $130
million-$160 million in 2022, driven by improvements in coal
markets. Both met and thermal coal prices soared to historical
highs in 2021, fueled by robust demand for steel and alternative
energy sources following the reopening of the global economy and
high natural gas prices. We now expect the company to maintain the
2021 total coal sales volume of about 28 million-30 million metric
tons in 2022, representing a 68% and 19% increase over 2020 and
2019 levels respectively, aided by the resumption of operations in
the Illinois basin. The benefit of the favorable pricing
environment began to flow through in the third quarter of 2021 as
its lessees renegotiated annual contracts with their customers at
higher prices and we expect this positive momentum to continue
through the rest of 2022.

"The restitution of distributions from the soda ash segment and
other alternative revenue sources will cushion cash flows from our
assumption of moderately lower coal prices. Ciner Wyoming, a soda
ash producer of which NRP has a 49% partnership interest,
reinstated its quarterly distributions beginning the fourth quarter
of last year on the back of strong results due to global demand
returning to pre-pandemic levels. Ciner Wyoming suspended quarterly
distributions in 2020 to preserve liquidity during the pandemic and
fund a $400 million capacity expansion project. The restoration of
distributions will partly offset the drop in revenues in 2022 based
on our assumption that met and thermal coal prices will decline to
more normal levels in 2022. Minimum lease payments will continue to
provide a comfortable cushion to NRP if prices deteriorate
significantly beyond our base case. Additionally, NRP's carbon
sequestration business may provide an alternative revenue source,
to the extent that NRP completes certification for carbon credits
to sell to interested parties. In October 2021, NRP concluded one
such deal with Chevron for sequestering 1 million metric tons of
carbon dioxide worth $13.8 million in revenue.

"We now expect leverage below 5.5x in 2022 and 2023 supported by
mandatory debt repayment and resilient operating results. September
2021 rolling twelve months adjusted leverage was 5.9x and we expect
this to improve to 4.9x by the end of 2022 as NRP continues to
realize the benefits of the favorable operating environment.
Thermal coal continues to show some short-term resilience despite
our anticipation of a secular decline in the long run, aided by
more expensive alternatives. The fixed payment arrangement with
Foresight Energy L.P. terminated at the end of 2021 and NRP may
benefit from the reversion to royalty revenue to the extent that
thermal coal prices remain competitive. Notwithstanding, we expect
the increase in volume following the resumption of operations by
Foresight Energy to compensate for lower prices. Hence, we
anticipate leverage to remain within the 5x-6x in 2022 and 2023
during normal operating conditions.

"The stable outlook reflects our view that NRP's adjusted leverage
will remain in the 5x-6x range over the next 12 months under normal
operating conditions as coal prices moderate. The company will
generate sufficient cash flows and adequate liquidity to fund its
operations and meet mandatory amortizations when due.

"We could downgrade NRP if international met and thermal coal
prices or volumes drop significantly or if poor operating results
in the soda ash segment leads to a material decline in receipt of
quarterly distributions. This will be consistent with EBITDA
declining by 30% or more at the current debt level, leading to
leverage sustained above 7x.

"We could upgrade NRP if adjusted leverage falls below 4x in normal
operating conditions. This could occur if NRP accelerates debt
reduction beyond mandatory amortizations over the next 12 months.
Further, we could raise the rating if the company diversifies its
cash flows away from volatile and declining coal markets by adding
new streams of sustainable revenue, while maintaining or improving
debt leverage."

Environmental, Social and Governance
E-4 S-3 G-3

S&P said, "Environmental factors are a negative consideration in
our credit rating analysis of Natural Resource Partners L.P. (NRP),
given that thermal coal, a commodity that is in secular decline due
to greenhouse gas (GHG) emissions, accounts for about 70% of the
company's proven reserves. Our analysis also incorporates our view
of the long-term downward pressure on profitability due to shifts
in public sentiments and consumer demand. Furthermore, we believe
NRP could have limited access to capital markets or relatively
cheaper capital due to decreased investor appetite for the thermal
coal business. However, NRP's reserves include met coal and timber,
and the company generates royalties from leases to coal producers.
As such, we assess the environmental risk for NRP as lower than
pure thermal coal producers. Social factors are a moderately
negative consideration, reflecting its coal-producing lessees'
compliance with stringent health and safety regulations to deal
with above-average risks to employees and communities in which they
operate. Governance factors are a moderately negative consideration
given the significant concentration of power in the CEO who is the
majority shareholder with the power to appoint the board of
directors, subject to a board representation and observation rights
agreements with certain entities with minority interests."



NEXTPLAY TECHNOLOGIES: Incurs $9.7-Mil. Net Loss in Third Quarter
-----------------------------------------------------------------
NextPlay Technologies, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing a net loss
of $9.67 million on $4.20 million of total revenue for the three
months ended Nov. 30, 2021, compared to a net loss of $420,838 on
zero revenue for the three months ended Nov. 30, 2020.

For the nine months ended Nov. 30, 2021, the Company reported a net
loss of $19.66 million on $6.85 million of total revenue compared
to a net loss of $974,390 on zero revenue for the same period
during the prior year.

As of Nov. 30, 2021, the Company had $120.96 million in total
assets, $31.01 million in total liabilities, and $89.95 million in
total stockholders' equity.

Cash and cash equivalents as of Nov. 30, 2021, totaled $20.5
million, compared to $8.9 million as of Aug. 31, 2021.  The
increase was due to an equity offering completed during the
quarter.

Management Commentary

"The increase in our third quarter revenues and significant gross
margin expansion demonstrate that we've arrived at a major
inflection point in our growth and development strategy as we
gradually and successfully integrate several components of recent
synergistic acquisitions to transform our business," commented
NextPlay co-CEO, Nithinan 'Jessie' Boonyawattanapisut.  "This was
the first full quarter that showed 100% contribution from these
acquisitions, and we believe that it represents the foundation for
further growth and expansion.  We are now focused on actualizing
operational and sales efficiencies by deepening operations
integration, and by cross-selling new products across divisions."

"During the quarter, our digital interactive media division,
NextMedia, delivered Blockbuster 2048, its first in-house casual
game, out of the 16 games currently in the pipeline that are
scheduled to be released during fiscal Q4 2022 and Q1 2023, to iOS
and Android app stores.  In conjunction, we have now released
HotPlay 2.0, our next-generation in-game advertising platform to
our internal teams.  It will deliver advertisements and real-world
rewards into video games without disrupting gameplay, offering new
revenue streams to publishers and advertisers alike.  With the
continued development of the HotPlay platform and integration of
the MakeItGames AI animation platform we anticipate the platform
will introduce disruptive and game-changing capabilities to game,
virtual reality, metaverse and other immersive experiences as we
release HotPlay 2.0 to select partners during the first half of
this calendar year and beyond.  We also worked on the deeper
integration of HotPlay into other parts of our ecosystem to enable
digital advertisers and brands to use HotPlay to reach a vast
global consumer base.

"Our Fintech division comprises our insurance, reinsurance, online
banking and crypto portal operations.  Led by successful insurance
and banking industry executives, the Fintech division is bringing a
diversified set of fintech solutions to market that will offer
asset banking, asset management, mobile payment, and a range of
retail banking services to customers around the world.  NextBank
welcomes blockchain industry participants and is focused on
providing enabling capabilities to clients in the DeFi, NFT and
exchange verticals.  We expect NextBank to provide significant
contributions to earnings and to cash flow beginning in fiscal Q1
2023.  Our Longroot crypto portal is in active negotiations with a
number of prospective clients (issuers) who target issuances by
fiscal Q2 and Q3 2023.  We also plan to issue our own digital
insurance tokens, which allow customers to purchase any of our
insurance products, as well as a series of stable coins to
facilitate remittance services that NextBank will provide.  We see
considerable synergies between NextBank's services and our Longroot
crypto portal services to meet the financial and operational needs
of blockchain centric companies, providing a range of services to
blockchain industry participants."

In fiscal Q3, our fintech division received conditional approval of
its general insurance and reinsurance licenses application from the
Labuan Financial Services Authority (Labuan FSA).  The licensing
advances our mission of pushing the boundaries of insurance and
reinsurance innovation with a product portfolio that will be unique
to the industry, and it keeps us on track to launch our first two
blockchained insurance products in fiscal Q2 and Q3 2023."

"Our travel division is in the process of integrating NextPlay's
NextTrip ConNextions booking engine with a number of online travel
agencies (OTAs).  Several are already in the certification process,
which is the final step before OTAs gain access to our travel
inventory via their platforms.  Our global inventory of vacation
rental properties provides many new lodging options to OTAs around
the world.  We anticipate these integrations to help increase our
booking volumes as the resurgence in the travel and tourism sector
continues following the pandemic related lockdowns."

"The major equity offering we completed in the quarter fortified
our balance sheet and supported our many growth initiatives.  We
have launched an expense reduction program to eliminate redundant
systems and processes due to the acquisitions.  Certain one-time
expenses related to post-merger activities incurred during this
quarter are not anticipated to recur in the future.  For these
reasons, we anticipate a significant reduction in SG&A expenses and
progression to positive cash flow by the end of the second half of
fiscal 2023.

"We have scheduled a special shareholder meeting on January 28,
2022, and we encourage all shareholders to submit their votes.  We
are seeking shareholder approval to complete our previously
announced acquisition of certain game-industry intellectual
property from Fighter Base Publishing Inc. and certain distributed
ledger intellectual property from Token IQ Inc.  Both entities are
majority-owned by NextPlay's Chief Technology Officer, Mark Vange,
who is a visionary leader in both industries.

"We expect the addition of Token IQ's technology to become the core
to our products and services, from our Longroot asset-based
cryptocurrencies, our digital insurance tokens and HotPlay in-game
tokens, to future NextBank fintech services and NextTrip medical
tourism offerings.  Token IQ also brings valuable technology and
software development talent to support the technology integration
between our platforms and our partners, as well as further our IP
development.  We believe Fighter Base Publishing's AI driven
animation technology will bring unique capabilities to our HotPlay
platform and significant cost reduction to our game studio
operations.

As we complete our final quarter of fiscal 2022 ending in February,
we expect to be exceptionally well-positioned for growth across all
three divisions: interactive digital media, fintech and travel.  We
see near-term revenue growth and margin expansion being further
fueled by new HotPlay deployments and Longroot cryptocurrency
offerings, and we believe that these developments will steadily
advance us toward strong cash flow and profitability."

A full-text copy of the Form 10-Q is available for free at:

https://www.sec.gov/ix?doc=/Archives/edgar/data/1372183/000121390022001943/f10q1121_nextplaytech.htm

                    About NextPlay Technologies

NextPlay Technologies, Inc. (formerly known as Monaker Group Inc.)
is a technology solutions company offering gaming, in-game
advertising, crypto-banking, connected TV and travel booking
services to consumers and corporations within a growing worldwide
digital ecosystem.  NextPlay's engaging products and services
utilize innovative AdTech, Artificial Intelligence and Fintech
solutions to leverage the strengths and channels of its existing
and acquired technologies.  For more information about NextPlay
Technologies, visit www.nextplaytechnologies.com and follow us on
Twitter @NextPlayTech and LinkedIn.

Monaker Group reported a net loss of $16.51 million for the year
ended Feb. 28, 2021, compared to a net loss of $9.45 million for
the year ended Feb. 29, 2020.  As of Aug. 31, 2021, the Company had
$103.77 million in total assets, $33.32 million in total
liabilities, and $70.44 million in total stockholders' equity.

Sugar Land, Texas-based TPS Thayer, LLC, the Company's auditor
since 2020, issued a "going concern" qualification in its report
dated June 7, 2021, citing that the Company has suffered recurring
losses from operations and has stockholders' deficit that raise
substantial doubt about its ability to continue as a going concern.


NORDIC AVIATION: Gets Court OK to Tap $170M Loan From Lender
------------------------------------------------------------
Rick Archer of Law360 reports that aircraft leasing company Nordic
Aviation Capital on Thursday, Jan. 13, 2022, got approval from a
Virginia bankruptcy judge to tap into $170 million in
debtor-in-possession financing after saying it has close to 90% of
its secured noteholders on board with its restructuring plan.

At a brief virtual hearing, U.S. Bankruptcy Judge Kevin Huennekens
approved Nordic's uncontested motion to allow it to draw on the DIP
being offered by its secured lenders, which counsel for the company
said was the only deal for bankruptcy financing it had been able to
find. Ireland-based Nordic, which filed for Chapter 11 in December
2021.

                 About Nordic Aviation Capital

Nordic Aviation Capital is the leading regional aircraft lessor
serving almost 70 airlines in approximately 45 countries.  Its
fleet of 475 aircraft includes ATR 42, ATR 72, De Havilland Dash 8,
Mitsubishi CRJ900/1000, Airbus A220 and Embraer E-Jet family
aircraft.

On Dec. 17, 2021, Nordic Aviation Capital Pte. Ltd., NAC Aviation
17 Limited, NAC Aviation 20 Limited, and Nordic Aviation Capital
A/S each filed petitions seeking relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. E.D. Va.).  On Dec. 19, 2021, Nordic
Aviation Capital Designated Activity Company and 112 affiliated
companies also filed petitions seeking Chapter 11 relief.  The lead
case is In re Nordic Aviation Capital Designated Activity Company
(Bankr. E.D. Va. Lead Case No. 21-33693).

Judge Kevin R. Huennekens oversees the cases.

The Debtors tapped Kirkland & Ellis and Kutak Rock, LLP as
bankruptcy counsel and the law firms of Clifford Chance, LLP,
William Fry, LLP and Gorrissen Federspiel as corporate counsel.
N.M. Rothschild & Sons Limited, Ernst & Young, LLP and
PricewaterhouseCoopers, LLP serve as the Debtors' financial
advisor, restructuring advisor and tax advisor, respectively.  Epiq
Corporate Restructuring, LLC is the claims and noticing agent.


NUVERRA ENVIRONMENTAL: Jan. 24 is Record Date for Merger Approval
-----------------------------------------------------------------
Nuverra Environmental Solutions, Inc. established a record date of
Jan. 24, 2022 for determining the holders of the company's common
stock entitled to execute and deliver written consents to (i)
approve that certain Agreement and Plan of Merger, dated Dec. 12,
2021 among the company, Select Energy Services, Inc., Navy Merger
Sub, Inc. and Navy Holdco, LLC, and (ii) approve, on a nonbinding,
advisory basis, the compensation that will or may become payable to
the company's named executive officers in connection with the
transactions contemplated by the merger agreement.  

Only holders of record of the company's common stock at the close
of business on Jan. 24, 2022, will be notified of and be entitled
to execute and deliver a written consent.

                           About Nuverra

Nuverra Environmental Solutions, Inc. provides water logistics and
oilfield services to customers focused on the development and
ongoing production of oil and natural gas from shale formations in
the United States.  Its services include the delivery, collection,
and disposal of solid and liquid materials that are used in and
generated by the drilling, completion, and ongoing production of
shale oil and natural gas. The Company provides a suite of
solutions to customers who demand safety, environmental compliance
and accountability from their service providers.

Nuverra Environmental reported a net loss of $44.14 million for the
year ended Dec. 31, 2020, a net loss of $54.94 million for the year
ended Dec. 31, 2019, and a net loss of $59.26 million for the year
ended Dec. 31, 2018.  As of Sept. 30, 2021, the Company had $169.31
million in total assets, $55.02 million in total liabilities, and
$114.29 million in total shareholders' equity.


OMNIQ CORP: To Present at Lake Street's Conference on Jan. 27
-------------------------------------------------------------
OMNIQ Corp. has been invited to present at Take Aim: Lake Street's
Shooting Sports & Public Safety Investor Conference, which will be
held virtually on Jan. 26-27, 2022.

Management is scheduled to host one-on-one calls and a group call
with investors on Jan. 27, 2022.

To request an invitation or to schedule a one-on-one meeting,
please email conference@lakestreetcm.com

                         About omniQ Corp.

Headquartered in Salt Lake City, Utah, omniQ Corp. (OTCQB: OMQS) --
http://www.omniq.com-- provides computerized and machine vision
image processing solutions that use patented and proprietary AI
technology to deliver data collection, real time surveillance and
monitoring for supply chain management, homeland security, public
safety, traffic and parking management and access control
applications.  The technology and services provided by the Company
help clients move people, assets and data safely and securely
through airports, warehouses, schools, national borders, and many
other applications and environments.

Omniq Corp. reported a net loss attributable to common stockholders
of $11.31 million for the year ended Dec. 31, 2020, compared to a
net loss attributable to common stockholders of $5.31 million for
the year ended Dec. 31, 2019.  As of June 30, 2021, the Company had
$35.86 million in total assets, $44.50 million in total
liabilities, and a total stockholders' deficit of $8.64 million.

Salt Lake City, Utah-based Haynie & Company, the Company's auditor
since 2019, issued a "going concern" qualification in its report
dated March 31, 2021, citing that the Company has a deficit in
stockholders' equity, and has sustained recurring losses from
operations.  This raises substantial doubt about the Company's
ability to continue as a going concern.


PETROLIA ENERGY: Resolves Lawsuit With Argonaut Insurance
---------------------------------------------------------
Argonaut Insurance Company's attorney of record filed a Release and
Satisfaction of Judgment in the Court on Jan. 7, 2022.

Petrolia Energy Corporation entered into a General Indemnity
Agreement with Argonaut on Oct. 4, 2016, in which Argo, as surety,
issued Bond Nos. SUR0038623 and SUR0038641.  The State of New
Mexico Oil Conservation Division and The State of Texas Railroad
Commission were the obligees.

On Aug. 7, 2017, and Sept. 21, 2017, Argo forwarded written demands
to Petrolia, pursuant to paragraph 12 of the GIA, requesting (i) a
full and complete release of the Bonds and/or (ii) an irrevocable
letter of credit in favor of Argo for the amount of $100,000.  Argo
purportedly chose to exercise its rights when it believed that
Petrolia's financial condition was deteriorating and/or events were
occurring that would have adversely impacted Argo's risk.

On Oct. 25, 2017, Argo filed a suit in District Court, Harris
County, Texas requesting injunctive relief and a declaratory
judgment against Petrolia stating that the Company had failed to
comply with certain obligations under the GIA.  This case was
assigned to the 11th District Court of Harris County, Texas under
Cause No. 201771934.

On March 6, 2018, Argo obtained a Final Judgment in this case in
favor of Argo for the principal amount of $50,000 and for
attorneys' fees in the amount of $2,748.50.  Subsequently, Petrolia
began negotiating a mutually satisfactory resolution of this matter
with Argo.

As a result of negations between the companies, Petrolia and Argo
reached a mutually satisfactory settlement and signed a Settlement
Agreement and Mutual Release dated Dec. 30, 2021.  The Settlement
Agreement required the Company to pay Argo a lump sum of $15,000.
Petrolia paid the lump sum of $15,000 on Dec. 31, 2021.  Argo
accepted the lump sum in full satisfaction of the March 6, 2018,
Final Judgment.

The court case is now closed, and the matter is fully and finally
resolved between the parties.

                           About Petrolia

Since 2015, Petrolia Energy Corporation has established a strategy
to acquire, enhance and redevelop high-quality, resource in place
assets.  As of 2018, the Company has been focusing on strategic
acquisitions in western Canada while actively pursuing the strategy
to execute low-cost operational solutions, and affordable
technology.  The Company believe its conventional, low-risk
resource plays and the redevelopment of its late-stage plays is a
solid foundation for continued oil production growth and future
revenue growth.

Petrolia reported a net loss of $2.89 million for the year ended
Dec. 31, 2019, compared to a net loss of $38.03 million for the
year ended Dec. 31, 2018.  As of Sept. 30, 2020, the Company had
$10.16 million in total assets, $10.68 million in total
liabilities, and a total stockholders' deficit of $518,719.

Houston, Texas-based M&K CPAS, PLLC, the Company's auditor since
2019, issued a "going concern" qualification in its report dated
May 26, 2021, citing that the Company suffered recurring net losses
from operations for the years ended Dec. 31, 2019 and 2018 and has
a working capital deficit as of Dec. 31, 2019, which raises
substantial doubt about its ability to continue as a going concern.


PETROLIA ENERGY: Resolves Violation Issues With New Mexico OCD
--------------------------------------------------------------
Petrolia Energy Corporation is the operator of 38 inactive wells in
New Mexico, at the Twin Lakes San Andres Unit ("TLSAU").  TLSAU is
located 45 miles from Roswell, Chaves County, New Mexico.

As previously reported and in Petrolia's Form 8-K dated Oct. 25,
2021, on April 8, 2021, the State of New Mexico Energy, Minerals
and Natural Resources Department, Oil Conservation Division (OCD)
issued a Notice of Violation to Petrolia alleging that the Company
violated four regulations under Title 19, Chapter 15 of the New
Mexico Administrative Code by: (i) failing to file production
reports for certain wells, (ii) exceeding the number of inactive
wells allowed, (iii) failing to provide financial assurance in the
amount required, and (iv) failing to provide additional financial
assurance in the amount required.

The Company acknowledged the violations alleged in the NOV and
requested an informal resolution.  On Dec. 30, 2021, to resolve
this matter, Petrolia entered into a Stipulated Final Order in Case
No. 21982 with the OCD whereby Petrolia among other things agreed
to: (i) submit appropriate forms for wells identified on the SFO
Inactive Well List, (ii) plug the specific TLSAU wells listed in
section 8 (c) and (d) of the SFO, as well as submit all required
information and forms specified in the SFO, (iii) open an escrow
account meeting the terms listed in the SFO, (iv) deposit funds
into an escrow account within the timeframe described in the SFO,
and (v) provide the OCD with a report proposing deadlines for
bringing all remaining wells into compliance.

                          About Petrolia

Since 2015, Petrolia Energy Corporation has established a strategy
to acquire, enhance and redevelop high-quality, resource in place
assets.  As of 2018, the Company has been focusing on strategic
acquisitions in western Canada while actively pursuing the strategy
to execute low-cost operational solutions, and affordable
technology.  The Company believe its conventional, low-risk
resource plays and the redevelopment of its late-stage plays is a
solid foundation for continued oil production growth and future
revenue growth.

Petrolia reported a net loss of $2.89 million for the year ended
Dec. 31, 2019, compared to a net loss of $38.03 million for the
year ended Dec. 31, 2018.  As of Sept. 30, 2020, the Company had
$10.16 million in total assets, $10.68 million in total
liabilities, and a total stockholders' deficit of $518,719.

Houston, Texas-based M&K CPAS, PLLC, the Company's auditor since
2019, issued a "going concern" qualification in its report dated
May 26, 2021, citing that the Company suffered recurring net losses
from operations for the years ended Dec. 31, 2019 and 2018 and has
a working capital deficit as of Dec. 31, 2019, which raises
substantial doubt about its ability to continue as a going concern.


PETROTEQ ENERGY: Delays Form 10-Q for Period Ended Nov. 30
----------------------------------------------------------
Petroteq Energy Inc. filed a Form 12b-25 with the Securities and
Exchange Commission notifying the delay in the filing of its
Quarterly Report on Form 10-Q for the period ended Nov. 30, 2021.

Petroteq is unable to file its Quarterly Report by the prescribed
date without unreasonable effort or expense because the company was
unable to compile and review certain information required in order
to permit the company to file a timely and accurate report on its
financial condition.

The company believes that the Quarterly Report will be completed
and filed within the five day extension period provided under Rule
12b-25 of the Securities Exchange Act of 1934, as amended.

                    About Petroteq Energy Inc.

Petroteq Energy Inc. -- www.Petroteq.energy -- is a clean
technology company focused on the development, implementation and
licensing of a patented, environmentally safe and sustainable
technology for the extraction and reclamation of heavy oil and
bitumen from oil sands and mineable oil deposits.  Petroteq is
currently focused on developing its oil sands resources at Asphalt
Ridge and upgrading production capacity at its heavy oil extraction
facility located near Vernal, Utah.

Petroteq Energy reported a net loss and comprehensive loss of $9.47
million for the year ended Aug. 31, 2021, compared to a net loss
and comprehensive loss of $12.38 million on zero revenue for the
year ended Aug. 31, 2020.  As of Aug. 31, 2021, the Company had
$81.03 million in total assets, $14.88 million in total
liabilities, and $66.15 million in total shareholders' equity.

Vancouver, British Columbia, Canada-based Hay & Watson, the
Company's auditor since 2012, issued a "going concern"
qualification in its report dated Dec. 14, 2021, the Company has
had recurring losses from operations and has a net capital
deficiency, which raises substantial doubt about its ability to
continue as a going concern.


PIPELINE FOODS: Unsecureds Will Get 1% to 1.9% in Liquidating Plan
------------------------------------------------------------------
Pipeline Foods, LLC, and its affiliated debtors and the Official
Committee of Unsecured Creditors of Pipeline Foods, LLC, et al.,
filed with the U.S. Bankruptcy Court for the District of Delaware
First Amended Disclosure Statement and First Amended Joint Chapter
11 Plan of Liquidation dated Jan. 10, 2022.

The Plan provides for the consolidation of the Debtors for Plan
purposes only and the Distribution of the Debtors' assets, which
have already been liquidated or will be liquidated in the future,
to Holders of Allowed Claims in accordance with the terms of the
Plan. As of the date of the Disclosure Statement, the assets are
largely Cash, accounts receivable, fully encumbered real estate, a
small grain elevator and storage facility, and the Causes of
Action.

The Plan provides for the transfer of all assets into the
Liquidating Trust and the appointment of a Liquidating Trustee as a
means to implement the Plan. The Liquidating Trustee shall be
empowered to, among other things, administer and liquidate any and
all remaining assets, object to and settle Claims, and prosecute
Causes of Action in accordance with the Plan.

The Plan also provides for Distributions to Holders of Allowed
Claims, including Other Secured Claims, Administrative Expense
Claims, Section 503(b)(9) Claims, Professional Fee Claims, Priority
Tax Claims, Priority Non Tax Claims and General Unsecured Claims.
In addition, the Plan cancels all Equity Interests in the Debtors,
and provides for the dissolution and wind-up of the affairs of the
Debtor.

The following is an overview of certain material terms of the
Plan:

     * All Allowed Secured Claims (including the Rabobank Secured
Claim, the Compeer Secured Claims and the Other Secured Claims),
Allowed Section 503(b)(9) Claims, Allowed Administrative Expense
Claims, Allowed Professional Fee Claims, Allowed Priority Tax
Claims and Allowed Priority Non-Tax Claims will be paid or
otherwise satisfied in full as required by the Bankruptcy Code and
provided for in the Plan, unless otherwise agreed to by the Holders
of such Claims.

     * Holders of Allowed General Unsecured Claims will receive
their Pro Rata share of (1) the Excess 503(b)(9) Atlantic Sale/Van
Mol Proceeds, if any, to the extent the Liquidating Trustee deems
advisable, with said funds being transferred to the Distribution
Account and earmarked for Allowed General Unsecured Claims if the
Liquidating Trustee declines to make said distribution; and (2) on
each Subsequent Distribution Date, to the extent the Liquidating
Trustee deems advisable, and the Final Distribution Date, subject
to the prior payment in full of any amounts owed to Rabobank in
respect of the Rabobank Liquidation Preference, all then-available
proceeds (minus all actual and anticipated Post-Effective Date
Expenses) of the Unsecured Creditor Post-Effective Date
Distributable Assets.

     * As of the Effective Date, all Equity Interests of any kind
will be cancelled, and the Holders thereof will not receive or
retain any property, interest in property or consideration under
the Plan on account of such Equity Interests.

     * The entry of the Confirmation Order shall constitute the
Bankruptcy Court’s approval of each of the compromises and
settlements provided for in the Plan, and the Bankruptcy Court's
findings shall constitute its determination that such compromises
and settlements are in the best interests of the Debtors, their
Estates, Holders of Claims and other parties in interest, and are
fair, equitable and reasonable.

Class 5 consists of General Unsecured Claims with $80-$84 million
estimated allowed of claims. The Plan provides that except to the
extent that a Holder of an Allowed Class 5 General Unsecured Claim
agrees to a different treatment, each Holder of an Allowed Class 5
General Unsecured Claim shall receive a Pro Rata Share of: (1) the
Excess 503(b)(9) Atlantic Sale/Van Mol Proceeds, if any, to the
extent the Liquidating Trustee deems advisable, with said funds
being transferred to the Distribution Account and earmarked for
Allowed General Unsecured Claims if the Liquidating Trustee
declines to make said distribution; and (2) on each Subsequent
Distribution Date, to the extent the Liquidating Trustee deems
advisable, and the Final Distribution Date, subject to the prior
payment in full of any amounts owed to Rabobank in respect of the
Rabobank Liquidation Preference, all then-available proceeds of the
Unsecured Creditor Post-Effective Date Distributable Assets. This
Class will receive a distribution of 1.0 – 1.9% of their allowed
claims. This Class is impaired under the Plan.

Class 6 consists of Subordinated Compeer Unsecured Claim. The Plan
provides that except to the extent that a Holder of an Allowed
Subordinated Compeer Unsecured Claim agrees to different treatment,
each Holder of an Allowed Subordinated Compeer Unsecured Claim
shall receive a Pro Rata Share of all then-available proceeds of
the Unsecured Creditor Post-Effective Date Distributable Assets
once, and only to the extent that, all Allowed General Unsecured
Claims have been paid in full. The Debtors and the Creditors'
Committee do not anticipate that any payments will be made to the
Holders of Allowed Subordinated Compeer Unsecured Claims.

Class 7 consists of Intercompany Claims. The Plan provides that
Allowed Intercompany Claims will not receive a Distribution under
the Plan; provided, however, that Intercompany Claims held by
Pipeline Foods, LLC against Pipeline Foods, ULC shall be Allowed in
the amount of $7,000,279.90 and Pipeline Foods, LLC shall receive,
on the Effective Date and prior to making other distributions under
the Plan, in full satisfaction of such Allowed Intercompany Claims,
all Cash held by Pipeline Foods, ULC.

For the avoidance of doubt, all Cash received by Pipeline Foods,
LLC on account of such Allowed Intercompany Claims against Pipeline
Foods, ULC shall remain subject to all then-existing liens, claims,
and encumbrances, and shall be immediately distributed to creditors
in accordance with the terms of the Plan. This means that,
notwithstanding the allowance of its Intercompany Claims, because
any and all amounts to be received by Pipeline Foods, LLC on
account of such Claims will be distributed in accordance with the
Plan and shall not be retained by Pipeline Foods, LLC, Pipeline
Foods, LLC, in effect, will not receive a recovery on account of
its Allowed Intercompany Claims.

Class 8 consists of Equity Interest. The Plan provides that on the
Effective Date, all Equity Interests will be deemed canceled,
extinguished and discharged and of no further force or effect, and
the Holders of Equity Interests will not be entitled to receive or
retain any property on account of such Equity Interests.

The Plan provides for the limited consolidation of the Debtors'
Estates, but solely for the purposes of the Plan, including making
any Distributions to Holders of Allowed Claims. The Debtors propose
limited consolidation to promote efficient administration and
effectuation of the Plan, including for purposes of Distributions
to be made under the Plan, and to avoid the inefficiency of
proposing Entity-specific Claims for which there would be little to
no impact on Distributions.

On the Effective Date, (i) all assets and liabilities of the
Debtors shall, solely for Distribution purposes, be treated on an
aggregated basis, (ii) each Claim against any of the Debtors shall
be deemed a single Claim against and a single obligation of all of
the Debtors, (iii) any Claims scheduled, filed or to be filed in
the Chapter 11 Cases shall be deemed single Claims against the
Debtors, (iv) all guarantees of one Debtor of the payment,
performance, or collection of obligations of another Debtor shall
be eliminated and canceled, (v) all transfers, disbursements and
Distributions on account of Claims made by or on behalf of any of
the Debtors' Estates hereunder will be deemed to be made by or on
behalf of all of the Debtors' Estates, and (vi) any obligation of
the Debtors as to Claims will be deemed to be one obligation of all
of the Debtors.

A full-text copy of the First Amended Disclosure Statement dated
Jan. 10, 2022, is available at https://bit.ly/3A25Mb5 from Stretto,
claims agent.

Counsel for the Debtors:

     Monique B. DiSabatino, Esq.
     Mark Minuti, Esq.
     Matthew P. Milana
     Saul Ewing Arnstein & Lehr LLP
     1201 N. Market Street, Suite 2300
     Wilmington, DE 19801
     Telephone: (302) 421-6800
     Email: monique.disabatino@saul.com
            mark.minuti@saul.com

               - and -

     Michael L. Gesas
     Barry A. Chatz
     David A. Golin
     Andrew J. Rudolph
     161 North Clark St., Suite 4200
     Chicago, Illinois 60601
     Telephone: (312) 876-7100
     E-mail: michael.gesas@saul.com
             barry.chatz@saul.com
             david.golin@saul.com
             andrew.rudolph@saul.com

                     About Pipeline Foods

Pipeline Foods, LLC -- https://www.pipelinefoods.com/ -- is the
first U.S.-based supply chain solutions company focused exclusively
on non-GMO, organic, and regenerative food and feed. It is based in
Fridley, Minn.

Pipeline Foods and its affiliates sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 21-11002) on July 8, 2021. The
affiliates are Pipeline Holdings, LLC, Pipeline Foods Real Estate
Holding Company, LLC, Pipeline Foods, ULC, Pipeline Foods Southern
Cone S.R.L., and Pipeline Foods II, LLC. In the petition signed by
CRO Winston Mar, Pipeline Foods disclosed between $100 million and
$500 million in both assets and liabilities.

Judge Karen B. Owens oversees the cases.

The Debtors tapped Saul Ewing Arnstein & Lehr, LLP as legal
counsel; Ocean Park Securities, LLC as investment banker; Baker
Tilly US, LLP and Baker Tilly Windsor, LLP as tax consultants; and
The Finley Group, Inc. as financial advisor.  Matthew Smith,
managing director at Finley Group, serves as chief restructuring
officer.  Stretto is the claims, noticing and administrative
agent.

Bryan Cave Leighton Paisner, LLP serves as legal counsel to the
Board of Directors.

On July 22, 2021, the U.S. Trustee for Region 3 appointed an
official committee of unsecured creditors. The committee tapped
Barnes & Thornburg, LLP as its legal counsel and Dundon Advisers,
LLC as its financial advisor.

Bryan Cave Leighton Paisner LLP serves as special counsel to the
board of managers of Pipeline Holdings, LLC, one of the affiliated
debtors.


PLATINUM GROUP: Incurs US$3.3 Million Net Loss in First Quarter
---------------------------------------------------------------
Platinum Group Metals Ltd. reported a loss of US$3.32 million for
the period ended Nov. 30, 2021, compared to a net loss of US$2.56
million for the period ended Nov. 30, 2020.

As of Nov. 30, 2021, the Company had US$50.99 million in total
assets, US$25.47 million in total liabilities, and US$25.52 million
in total shareholders' equity.

In the current period, general and administrative expenses were
$1.3 million (Nov. 30, 2020 - $0.8 million) with the increase
primarily due to legal fees for the Africa Wide trial, which took
place during October, 2021.  Share based compensation was $0.7
million (Nov. 30, 2020 - $0.4 million) with the increase due to a
higher fair value of stock options vesting during the current
period at a higher share price.  Interest expense of $1.0 million
(Nov. 30, 2020 - $1.3 million) was lower due to the reduction in
debt during the current period.  The currency translation
adjustment recognized in the period was a loss of $3.7 million
(Nov. 30, 2020 - $3.2 million gain) with the variance due to the
Rand decreasing in value relative to the U.S. Dollar during the
current period.

At Nov. 30, 2021, finance income consisting of interest earned and
property rental fees in the period amounted to $25,000 (Nov. 30,
2020 - $24,000).  Loss per share for the period amounted to $0.04,
matching a loss of $0.04 per share for the three months ended Nov.
30, 2020.

During the three months ended Nov. 30, 2021 $5.8 million of
principal was repaid against the senior secured Sprott Facility,
bringing the nominal principal balance due at Nov. 30, 2021 down to
$3.6 million.  After period end the Company made a further
principal repayment of $0.6 million, bringing the nominal principal
balance down to $3.0 million as of Dec. 31, 2021.

Amounts receivable (including ATM Offering proceeds receivable) at
Nov. 30, 2021 totalled $0.69 million (Aug. 31, 2021 - $0.48
million) while accounts payable and accrued liabilities amounted to
$1.25 million (Aug. 31, 2021 - $2.46 million).  Amounts receivable
were comprised mainly of value added taxes repayable to the Company
in South Africa.  Accounts payable consisted primarily of Waterberg
engineering fees, geotechnical drilling costs, accrued professional
fees and regular trade payables.

Total expenditures on the Waterberg Project, before partner
reimbursements, for the three month period were approximately $1.3
million (Nov. 30, 2020 - $0.54 million).

At Nov. 30, 2021, $41.4 million in accumulated net costs had been
capitalized to the Waterberg Project (Nov. 30, 2020 - $38.4
million).  Total expenditures on the property since inception from
all investor sources to Nov. 30, 2021 are approximately $79.4
million.

A full-text copy of the Form 6-K is available for free at:

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001095052/000106299322001030/exhibit99-1.htm

                    About Platinum Group Metals

Headquartered in British Columbia, Canada, Platinum Group Metals
Ltd. -- http://www.platinumgroupmetals.net-- is a platinum and
palladium focused exploration, development and operating company
conducting work primarily on mineral properties it has staked or
acquired by way of option agreements or applications in the
Republic of South Africa and in Canada.

Platinum Group reported a loss of $13.06 million for the year ended
Aug. 31, 2021, a loss of $7.13 million for the year ended Aug. 31,
2020, and a loss of $16.78 million for the year ended Aug. 31,
2019.


PLAYA HOTELS: Richard Fried Won't Seek Re-election as Director
--------------------------------------------------------------
Richard B. Fried, a director of Playa Hotels & Resorts N.V.,
informed the company that he does not plan to stand for re-election
at the company's upcoming 2022 annual general meeting of
shareholders.  

As disclosed in a Form 8-K filed with the Securities and Exchange
Commission, there were no disagreements between Mr. Fried and the
company.  Mr. Fried's term will expire at the 2022 annual general
meeting.

                   About Playa Hotels & Resorts

Playa Hotels & Resorts is an owner, operator and developer of
all-inclusive resorts in prime beachfront locations in popular
vacation destinations in Mexico and the Caribbean.  As of Sept. 30,
2021, Playa owned and/or managed a total portfolio consisting of 22
resorts (8,366 rooms) located in Mexico, Jamaica, and the Dominican
Republic. In Mexico, Playa owns and manages Hyatt Zilara Cancun,
Hyatt Ziva Cancun, Panama Jack Resorts Cancun, Panama Jack Resorts
Playa del Carmen, Hilton Playa del Carmen All-Inclusive Resort,
Hyatt Ziva Puerto Vallarta, and Hyatt Ziva Los Cabos.  In Jamaica,
Playa owns and manages Hyatt Zilara Rose Hall, Hyatt Ziva Rose
Hall, Hilton Rose Hall Resort & Spa, Jewel Grande Montego Bay
Resort & Spa and Jewel Paradise Cove Beach Resort & Spa. In the
Dominican Republic, Playa owns and manages the Hilton La Romana
All-Inclusive Family Resort, the Hilton La Romana All-Inclusive
Adult Resort, Hyatt Zilara Cap Cana and Hyatt Ziva Cap Cana.
Playaowns two resorts in the Dominican Republic that are managed by
a third-party and manages five resorts on behalf of third-party
owners.

Playa reported a net loss of $262.37 million for the year ended
Dec. 31, 2020, compared to a net loss of $4.36 million for the year
ended Dec. 31, 2019.  As of Sept. 30, 2021, the Company had $2.02
billion in total assets, $1.39 billion in total liabilities, and
$623.95 million in total shareholders' equity.

                            *    *    *

As reported by the TCR on Sept. 21, 2021, S&P Global Ratings
revised its outlook on Playa Hotels & Resorts N.V. to positive from
negative and affirmed its 'CCC+' issuer credit rating. At the same
time, S&P affirmed its 'CCC+' issue-level rating on the company's
secured debt. S&P said, "The positive outlook reflects our
expectation that Playa will maintain adequate liquidity.  In
addition, it indicates that we could raise our rating on the
company if the significant recent improvement in travel volumes to
Mexico and the Caribbean is sustained and its package average daily
rates (ADRs), which are currently significantly elevated relative
to 2019 levels, do not moderate materially.  Specifically, we could
raise our rating if Playa increases its revenue and EBITDA such
that it sustains EBITDA coverage of interest expense of more than
1.5x, which would indicate it is able to sustain its capital
structure over the long term."


PLUS THERAPEUTICS: Signs Deal to Sell $5M Worth of Common Shares
----------------------------------------------------------------
Plus Therapeutics, Inc. entered into an equity distribution
agreement with Canaccord Genuity LLC, pursuant to which the Company
may issue and sell, from time to time, shares of its common stock
having an aggregate offering price of up to $5,000,000, depending
on market demand, with the Agent acting as an agent for sales.
Sales of the Shares may be made by any method permitted by law
deemed to be an "at the market offering" as defined in Rule
415(a)(4) of the Securities Act of 1933, as amended, including,
without limitation, sales made directly on or through the NASDAQ
Capital Market.  The Agent will use its commercially reasonable
efforts to sell the Shares requested by the Company to be sold on
its behalf, consistent with the Agent's normal trading and sales
practices, under the terms and subject to the conditions set forth
in the Distribution Agreement.  The Company has no obligation to
sell any of the Shares. The Company may instruct the Agent not to
sell the Shares if the sales cannot be effected at or above the
price designated by the Company from time to time and the Company
may at any time suspend sales pursuant to the Distribution
Agreement.

The Company will pay the Agent a commission of up to 3.0% of the
gross proceeds from the sale of Shares by the Agent under the
Distribution Agreement.  The Company has also agreed to reimburse
the Agent for its reasonable documented out-of-pocket expenses,
including fees and disbursements of its counsel, in the amount of
$50,000.  In addition, the Company has agreed to provide customary
indemnification rights to the Agent.

The Offering will terminate upon the earlier of (1) the issuance
and sale of all shares of the Company's common stock subject to the
Distribution Agreement, or (2) the termination of the Distribution
Agreement as permitted therein, including by either party at any
time without liability of any party.

Any sales of Shares under the Distribution Agreement will be made
pursuant to the Company's Registration Statement on Form S-3,
including the related prospectus, filed with the Securities and
Exchange Commission on Oct. 9, 2020 and declared effective on
Oct. 19, 2022, as supplemented by the prospectus supplement dated
Jan. 14, 2022, and any applicable additional prospectus supplements
related to the Offering that form a part of the Registration
Statement.  The aggregate market value of Shares eligible for sale
in the Offering and under the Distribution Agreement will be
subject to the limitations of General Instruction I.B.6 of Form
S-3, to the extent required under such instruction.  The Company
intends to use the net proceeds from this offering for general
corporate purposes and for working capital.

                      About Plus Therapeutics

Headquartered in Austin, Texas, Plus Therapeutics, Inc. --
http://www.plustherapeutics.com-- is a clinical-stage
pharmaceutical company focused on the discovery, development, and
manufacturing scale up of complex and innovative treatments for
patients battling cancer and other life-threatening diseases.

Plus Therapeutics reported a net loss of $8.24 million for the year
ended Dec. 31, 2020, compared to a net loss of $10.89 million for
the year ended Dec. 31, 2019.  As of Sept. 30, 2021, the Company
had $24.75 million in total assets, $9.99 million in total
liabilities, and $14.76 million in total stockholders' equity.

BDO USA, LLP, in San Diego, Calif., the Company's auditor since
2016, issued a "going concern" qualification in its report dated
Feb. 22, 2021, citing that the Company has suffered recurring
losses and negative cash flows from operations that raise
substantial doubt about its ability to continue as a going concern.


PRECISION MANUFACTURED: Trustee Taps Marshack Hays as Legal Counsel
-------------------------------------------------------------------
Richard Marshack, the Chapter 11 trustee for Precision Manufactured
Developments, Inc., seeks approval from the U.S. Bankruptcy Court
for the Central District of California to employ Marshack Hays, LLP
as his legal counsel.

The firm's services include:

   a. analyzing and evaluating the best course of actions,
including a potential sale or abandonment, with respect to the
Debtor's real property located at 220 Northwestern Ave., Rio Dell,
Calif.;

   b. assisting the trustee in analyzing the Debtor's ability to
reorganize and confirm a Chapter 11 plan of reorganization;

   c. analyzing and evaluating potential avoidance actions;

   d. analyzing and evaluating other potential assets in the case;

   e. analyzing and evaluating lawsuits involving the Debtor;

   f. conducting a detailed forensic analysis regarding alleged
diversions of funds and investigating alleged insider misconduct;

   g. assisting the trustee in analyzing the impact of possibly
converting the Debtor's case to a Chapter 7;

   h. representing the trustee in any proceedings or hearings in
the bankruptcy court, the lawsuits or in any other action where the
rights of the estate or the trustee may be litigated or affected;

   i. conducting examinations of the Debtor, witnesses, claimants
or adverse parties;

   j. preparing reports and legal papers; and

   k. performing all legal services incidental and necessary for
the smooth administration of the Debtor's estate.

The hourly rates charged by the firm's attorneys and paralegals are
as follows:

     Attorneys               $490 to $650 per hour
     Associates              $320 to $410 per hour
     Paralegals              $200 to $280 per hour

The firm will also seek reimbursement for out-of-pocket expenses
incurred.

Ristine Thagard, Esq., a partner at Marshack Hays, disclosed in a
court filing that the firm is a "disinterested person" as the term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Ristine A. Thagard, Esq.
     Marshack Hays, LLP
     870 Roosevelt
     Irvine, CA 92620
     Tel: (949) 333-7777
     Fax: (949) 333-7778
     Email: kthagard@marshackhays.com

             About Precision Manufactured Developments

Precision Manufactured Developments, Inc., a company based in
Newport Beach, Calif., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Calif. Case No. 21-12354) on Sept. 29,
2021, listing up to $10 million in assets and up to $500,000 in
liabilities.  Judge Theodor Albert oversees the case.

Andy Warshaw, Esq., at DiMarco Warshaw, APLC, is the Debtor's legal
counsel.

Richard A. Marshack is the Chapter 11 trustee appointed in the
Debtor's bankruptcy case.  The trustee is represented by Ristine A.
Thagard, Esq., at Marshack Hays, LLP.


QUOTIENT LIMITED: CEO Manuel Mendez to Get Relocation Allowance
---------------------------------------------------------------
Quotient Limited amended its employment agreement with Manuel O.
Mendez, its chief executive officer, dated Feb. 23, 2021 (as
amended), to provide for (i) the payment by the company to Mr.
Mendez of a relocation allowance in the aggregate maximum amount of
CHF 1'262'536 including an allowance of CHF 217'200 that will be
payable to Mr. Mendez only if he acquires a primary residence in
Switzerland by March 31, 2022, and (ii) the deletion from the
employment agreement of all provisions under which Mr. Mendez
otherwise would be entitled to payment or reimbursement of expenses
incurred in connection with his relocation from the United States
to Switzerland.  

The amendment provides that various amounts previously paid by the
company on account of Mr. Mendez's relocation expenses will be
credited against the relocation allowance, leaving a balance that
is payable to Mr. Mendez of CHF 261'700 (but as described above,
CHF 217'200 of that amount will be payable only if Mr. Mendez
acquires a primary residence in Switzerland by March 31, 2022).
The relocation allowance is payable net of deductions for social
security costs and taxes.

                      About Quotient Limited

Penicuik, United Kingdom-based Quotient Limited is a
commercial-stage diagnostics company committed to reducing
healthcare costs and improving patient care through the provision
of innovative tests within established markets.  With an initial
focus on blood grouping and serological disease screening, Quotient
is developing its proprietary MosaiQTM technology platform to offer
a breadth of tests that is unmatched by existing commercially
available transfusion diagnostic instrument platforms.  The
Company's operations are based in Edinburgh, Scotland; Eysins,
Switzerland and Newtown, Pennsylvania.

Quotient Limited reported a net loss of $108.47 million for the
year ended March 31, 2021, a net loss of $102.77 million for the
year ended March 31, 2020, and a net loss of $105.38 million for
the year ended March 31, 2019.  As of Sept. 30, 2021, the Company
had $249.60 million in total assets, $334.92 million in total
liabilities, and a total shareholders' deficit of $85.33
million.


REAMIR 57 CORP: Seeks to Hire Law Offices of Alla Kachan as Counsel
-------------------------------------------------------------------
Reamir 57 Corp. seeks approval from the U.S. Bankruptcy Court for
the Eastern District of New York to employ the Law Offices of Alla
Kachan, P.C. to serve as legal counsel in its Chapter 11 case.

The firm's services include:

   a. assisting the Debtor in administering the bankruptcy case;

   b. making such motions or taking such action as may be
appropriate or necessary under the Bankruptcy Code;

   c. representing the Debtor in prosecuting adversary proceedings
to collect assets of the estate and such other actions as the
Debtor deems appropriate;

   d. taking such steps as may be necessary for the Debtor to
marshal and protect the estate's assets;

   e. negotiating with the Debtor's creditors in formulating a plan
of reorganization;

   f. drafting and prosecuting the Debtor's plan of
reorganization;

   g. rendering such additional services as the Debtor may require
in its case.

The hourly rates charged by the firm's attorneys and
paraprofessionals are as follows:

     Attorneys           $475
     Paraprofessionals   $$250

The firm will be paid a retainer in the amount of $15,000 and
reimbursed for out-of-pocket expenses incurred.

Alla Kachan, Esq., a partner at the Law Offices of Alla Kachan, P.C
disclosed in a court filing that his firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     Alla Kachan, Esq.
     Law Offices of Alla Kachan, P.C.
     2799 Coney Island Avenue, Suite 202
     Brooklyn, NY 11235
     Tel: (718) 513-3145
     Email: alla@kachanlaw.com

                       About Reamir 57 Corp.

Reamir 57 Corp. filed a Chapter 11 bankruptcy petition (Bankr.
E.D.N.Y. Case No. 21-42294) on Sept. 8, 2021, disclosing as much as
$1 million in both assets and liabilities.  Judge Nancy Hershey
Lord oversees the case.  

The Debtor tapped the Law Offices of Alla Kachan, P.C. as its legal
counsel and Wisdom Professional Services, Inc. as its accountant.


REAMIR 57 CORP: Taps Wisdom Professional Services as Accountant
---------------------------------------------------------------
Reamir 57 Corp. seeks approval from the U.S. Bankruptcy Court for
the Eastern District of New York to employ Wisdom Professional
Services, Inc. as its accountant.

The firm's services include:

   a. gathering and verifying all pertinent information required to
compile and prepare monthly operating reports; and

   b. preparing monthly operating reports for the Debtor in its
Chapter 11 case.

The firm will be paid at the rate of $300 per hour, and will also
be reimbursed for out-of-pocket expenses incurred. The retainer fee
is $3,000.

Michael Shtarkman, a partner at Wisdom Professional Services,
disclosed in a court filing that his firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     Michael Shtarkman
     Wisdom Professional Services, Inc.
     626 Sheepshead Bay Rd 640
     Brooklyn, NY 11224
     Tel: (718) 554-6672
     Email: michael@shtarkmancpa.com
            mshtarkmancpa@gmail.com

                       About Reamir 57 Corp.

Reamir 57 Corp. filed a Chapter 11 bankruptcy petition (Bankr.
E.D.N.Y. Case No. 21-42294) on Sept. 8, 2021, disclosing as much as
$1 million in both assets and liabilities.  Judge Nancy Hershey
Lord oversees the case.  

The Debtor tapped the Law Offices of Alla Kachan, P.C. as its legal
counsel and Wisdom Professional Services, Inc. as its accountant.


RED RIVER WASTE: Bankruptcy Proceedings Make Progress in Court
--------------------------------------------------------------
Alyssa Ivanson of Wane.com reports that Red River Waste Solutions
bankruptcy proceedings made progress in Texas federal court
Thursday. WANE 15 got the court documents for the hearing and they
show an emergency motion about Red River's contract with Fort Wayne
is "resolved."

Fort Wayne City Spokesman John Perlich said on January 13, 2022's
hearing was a status conference, but he didn't specify exactly what
the results mean for the city's contract with Red River.

"The City's legal team is encouraged by the progress being made and
the dialogue as part of the bankruptcy proceedings.  There will be
an update for the public/media/City Council on Tuesday, January 11,
2022, evening at City Council's next meeting," Perlich said in an
emailed statement.

WANE 15 also reached out to Republican City Councilman Russ Jehl if
he knows what the update from court Thursday means for the Red
River contract.  He said he wasn't aware of it until WANE showed it
to him, saying the city has been keeping council in the dark.

Mr. Jehl will hold a press conference Friday where he told WANE 1t
he plans to call for the city to quote "level with the public."  He
said he'll also outline the steps he thinks the city should be
doing now to prepare for a possible transition to another company
if the Red River contract fails.

WANE 15 also showed the court documents to Corporate Attorney Apexa
Patel to better understand what "resolved" could mean.

The hearing to ask a judge to make Red River choose to accept or
reject its contract with Fort Wayne was originally requested by the
surety, Argonaut Insurance Company. The surety is responsible for
posting the bond as required in the contract at the beginning of
the year. There has been no indication that the bond payment was
made for 2022.

Patel said because Thursday's hearing documents said it was
"resolved by the parties," it could mean that Red River and
Argonaut reached an agreement on their own. Or, because Argonaut
"passed" on the hearing that the court set, and there is no other
pending motion, it's assumed "resolved."

Either way, it's still not clear how the development affects Fort
Wayne's contract in the future, but Red River is still, and hasn't
stopped, collecting trash.

Again, Fort Wayne's city attorneys will give an update on the
status of the Red River trash contract at city council on Tuesday,
January 11, 2022, which is open to the public.  WANE 15 will also
be there to provide complete coverage.

                 About Red River Waste Solutions

Red River Waste Solutions LP is a Dripping Springs, Texas-based
company that provides waste management services. It also offers
solid waste and garbage pickup, recycling, industrial waste
collection, disposal, and landfill management services.

Red River Waste Solutions sought Chapter 11 protection (Bankr. N.D.
Tex. Case No. 21-42423) on Oct. 14, 2021, listing up to $50 million
in assets and up to $100 million in liabilities. James Calandra,
chief restructuring officer of Red River Waste Solutions, signed
the petition.

Marcus Alan Helt, Esq., at McDermott Will & Emery LLP, is the
Debtor's legal counsel.

The Debtor's official committee of unsecured creditors tapped
Womble Bond Dickinson (US) LLP as legal counsel and Rock Creek
Advisors, LLC as financial advisor.


REDWOOD EMPIRE: Amends Plan to Include S&K Secured Claim Details
----------------------------------------------------------------
Redwood Empire Lodging, LP, submitted a Second Amended Plan of
Reorganization dated Jan. 10, 2022.

Class 5 consists of the PPB Secured Claim. Immediately upon entry
of the Confirmation Order—and pursuant to Bankruptcy Code §
506—the PPB Secured Claim will be treated pursuant to one of the
options in Sections 4.5.1, 4.5.2, 4.5.3 or 4.5.4. Class 5 Claims
are impaired.

     * Option 1 – PPB Cramdown. If neither PPB nor the Debtor
timely elect treatment under Sections 4.5.2 or 4.5.3 as applicable,
and PPB does not make a Section  1111(b)(2) Election under Section
4.5.4, PPB’s treatment under the Plan will be in accordance with
this Section 4.5.1. In full and final satisfaction of the PPB
Secured Claim, the PPB Secured Claim will be Allowed in the amount
of $10,000,000.00 or such amount determined by the Court at the
valuation hearing, or as otherwise agreed by the Debtor and PPB,
less the amount of the Prepetition Coconino County Secured Tax
Claim, and the Reorganized Debtor will pay the PPB Secured Claim as
follows:

       -- Interest will accrue on the principal amount from the
Effective Date until paid in full at the rate of 4.35% per annum;

       -- The PPB Secured Claim will continue to be secured by the
same Property that validly secured the Debtor's obligations to PPB
as of the Petition Date under applicable law.

       -- In the event the treatment of PPB's Secured Claim is
governed by this Section, then following the Court's determination
of the amount of PPB's Secured Claim, the Debtor will conduct an
Auction of the Interests in the Reorganized Debtor in accordance
with the procedures set forth in Section 4.11.

     * Option 2 - Surrender Page Property at PPB's Election. At
PPB's election, the Reorganized Debtor will surrender the Page
Property to PPB on the Effective Date, or on such earlier date
elected by PPB with at least 10 business days written notice to the
Debtor, pursuant to a deed in lieu of foreclosure or a non-judicial
trustee's sale in exchange for a real property credit of
$16,500,000.00 (the "Real Property Credit"), plus all net cash on
hand for the Page Property as of the surrender date after allowing
for payment of all accrued payroll and other accrued critical
expenses (the "Net Cash").

     * Option 3 - Surrender Page Property at Debtor's Election. If
PPB does not elect treatment under Section 4.5.2, then the Debtor
may thereafter elect under this Section to surrender the Page
Property to PPB pursuant to a deed in lieu on the Effective Date at
the value determined by the Court at the valuation hearing, plus
the Net Cash. If the Debtor elects treatment under this Section,
the Total PPB Claim will be reduced by: (i) the amount of the Page
Property's value as determined by the Court, plus (ii) the Net
Cash, except that any accrued and unpaid real property taxes on the
Page Property would be added back to the extent not considered as
part of the Court's valuation (collectively, the ("Option 3 Claim
Reduction Amount").

     * Option 4 - PPB Makes a Section 1111(b)(2) Election. If, and
only if, PPB timely makes an allowable Section 1111(b)(2) Election,
then the PPB Secured Claim will be Allowed in the amount of the
Total PPB Claim. PPB will be required to provide notice of its
Section 1111(b)(2) Election and treatment under this Section 4.5.3,
if at all, by no later than 7 calendar days after the date the
Court enters an order determining the value of the Page Property,
provided that if the Debtor appeals such order determining the
value of the Page Property, the deadline for PPB to make a Section
1111(b)(2) Election shall be the date that is 7 calendar days after
such order becomes a final, nonappealable order.

Class 9 consists of S&K's Secured Claim, but only in the event the
Court determines that S&K is entitled to a Secured Claim. In such
event, S&K will be paid the amount of its allowed secured claim as
follows:

     * Interest will accrue on the principal amount from the
Effective Date until paid in full at the rate of 4.35% per annum;

     * The Reorganized Debtor will make payments to S&K as
follows:

       -- beginning on the Claim Payment Date and continuing on the
first (1st) day of each month thereafter for 23 consecutive months,
the Reorganized Debtor will pay to S&K interest-only payments,

       -- thereafter, on the same day of each month for 83
additional consecutive months, the Reorganized Debtor will make
principal and interest payments calculated based on a 30 year
principal and interest amortization schedule, and

       -- all outstanding principal and interest will be due on the
date that is 108 months after the Claim Payment Date.

To the extent the Bankruptcy Court determines that S&K has a
Secured Claim, S&K will be required to make a Section 1111(b)(2)
Election, if at all, by no later than the date that is 7 calendar
days after the date the Bankruptcy Court enters an order
determining the value of S&K's Secured Claim, or within such other
amount of time as the Bankruptcy Court may permit.

In such event, S&K's claim will be paid in monthly interest only
payments determined by multiplying 4.35% against the Secured Claim
amount, divided by 12, for 240 months commencing on the Claim
Payment Date. The S&K's Claim will be reduced dollar-for-dollar for
every payment received from the Reorganized Debtor, regardless of
whether such payment is characterized as principal, interest, or
otherwise, and if any amount is still owing, then such balance
shall be paid at month 241.

Any time between 24 and 108 months after the Effective Date, the
Reorganized Debtor may transfer the Rohnert Park Property subject
to S&K's lien and Section 1111(b) treatment in this Section, but
only if (a) the Reorganized Debtor is not in default under the
repayment terms of this section, (b) the Reorganized Debtor pays
S&K a $10,000 reassignment fee at closing of the transfer, and (c)
S&K approves the transferee, which approval may only be reasonably
withheld based upon the financial or operational qualifications of
the transferee.

Class 10 consists of all Claims that are General Unsecured Claims,
including all or part of the S&K Claim (if not treated under Class
9), SBA Claim (as well as, potentially, a deficiency Claim of PPB).
Unless S&K is determined by the Court to have a Secured Claim, any
Liens held by S&K on the Petition Date will be deemed avoided as of
the Effective Date, and the Reorganized Debtor shall be entitled to
record a deed of release and reconveyance relating to the S&K Claim
with the Sonoma County Recorder's office. Any Liens held by S&K on
the Petition Date will be deemed avoided as of the Effective Date,
and the Reorganized Debtor shall be entitled to file a termination
of any UCC financing statement filed by the SBA.

In full and final satisfaction of each Allowed General Unsecured
Claim, the holder of such Allowed General Unsecured Claim will be
paid a Pro Rata Share of each of the Creditor Fund Payments;
provided, however, that if the treatment of PPB's Secured Claim is
governed by Section 4.5.3, then no Creditor Fund Payments will be
made and the full amount of all Allowed General Unsecured Claims
will be paid in 20 equal annual installments beginning 1 year after
the Effective Date with interest of 1.5% per annum. Class 10 Claims
are impaired and the holders of such Claims are entitled to vote on
the Plan.

Class 11 consists of any Interests in the Debtor. If PPB's
treatment under the Plan is governed by either Section 4.5.2 or
Section 4.5.4, or if PPB's treatment under the Plan is governed by
Section 4.5.1 and no Qualified Bidder outbids the Interest Holders'
New Investment at an Auction, or if no Auction is held, then the
Holders of Class 11 Interest will contribute the New Investment and
become New Interest Holders in the Reorganized Debtor.

If PPB's treatment under the Plan is governed by Section 4.5.3,
then no New Investment will be made and the Interest Holders will
become New Interest Holders in the Reorganized Debtor. Class 11
Interests are not impaired and the Interest Holders are not
entitled to vote on the Plan.

If the treatment of PPB's Secured Claim is governed by Section
4.5.1, then other interested parties may bid for the equity
Interests in the Reorganized Debtor by meeting all of the terms and
conditions set forth. Such bids shall be made pursuant to the
following Auction procedures and terms.

                      Plan Implementation

New Investment. If (i) PPB's treatment under the Plan is governed
by Sections 4.5.2 or 4.5.4, or (ii) if PPB's treatment under the
Plan is governed by Section 4.5.1 and no Qualified Bidder outbids
the Interest Holders' New Investment at an Auction, or if no
Auction is held, then on the Effective Date, the Interest Holders
will contribute the New Investment to the Reorganized Debtor.

Each of the Interest Holders will fund the New Investment in
proportion to the amount of their respective ownership interests in
the Debtor. On the Effective Date, the New Investment will be
deposited into the Reorganized Debtor's savings account and be used
to fund the Reorganized Debtor's payments owing under the Plan and
the Reorganized Debtor's general operations, as needed. No Lien
will attach to the New Investment, regardless of where the Debtor
or the Reorganized Debtor deposits the funds.

In the event there is bidding above the New Investment amount at an
Auction, then the amount of the winning bid from the Successful
Bidder (including, potentially, the Interest Holders) will be
deposited into the Reorganized Debtor's savings account and be used
to fund the Reorganized Debtor's payments owing under the Plan and
the Reorganized Debtor's general operations, as needed.

Control. The Reorganized Debtor will continue to be organized under
its prepetition partnership agreement and other organizational
documents; (ii) the Reorganized Debtor's general partner will
continue to be Redwood Empire Lodging, LLC; (iii) and the
Reorganized Debtor's limited partners will remain the same as they
existed as of the Petition Date, in the same ownership percentages,
unless a Qualified Bidder purchases the Interests, in which case
the Interest Holders will assign their Interests to the New
Interest Holders on the Effective Date.

Limitation on Distributions. If the treatment of PPB's Secured
Claim is governed by Section 4.5.1, the Debtor will not make any
distributions to the New Interest Holders prior to the date that is
two (2) years after the Effective Date, except for tax purposes.

Funding for Plan. All payments under the Plan that are due on the
Effective Date will be funded from the cash held by the Reorganized
Debtor and the proceeds of either the New Investment or the New
Interest Holder's winning bid at an Auction, as the case may be.
The funds necessary to ensure continuing performance under the Plan
after the Effective Date will be derived from any and all remaining
cash retained by the Reorganized Debtor after the Effective Date,
cash generated by the Reorganized Debtor from its business
operations after the Effective Date, and any other contributions or
financing that the Reorganized Debtor may obtain on or after the
Effective Date.

A full-text copy of the Second Amended Plan of Reorganization dated
Jan. 10, 2022, is available at https://bit.ly/3I5GCLq from
PacerMonitor.com at no charge.

Attorneys for Debtor:

     Isaac M. Gabriel, Esq.
     Jason D. Curry
     Michael Galen
     QUARLES & BRADY LLP
     Renaissance One
     Two North Central Avenue
     Phoenix, Arizona 85004-2391
     TELEPHONE 602.229.5200
     E-mail: isaac.gabriel@quarles.com
             jason.curry@quarles.com
              michael.galen@quarles.com

                   About Redwood Empire Lodging

Redwood Empire Lodging, LP, owns and operates two hotels: the Best
Western Plus located at 208 N Lake Powell Boulevard, Page, Arizona
86040, and the Best Western Sonoma Winegrower's Inn, located at
6500 Redwood Drive, Rohnert Park, California 94928.

Redwood Empire Lodging sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D. Ariz. Case No. 21-04678) on June
16, 2021.  In the petition signed by Debra Heckert, member, the
Debtor disclosed up to $50 million in both assets and liabilities.

Judge Eddward P. Ballinger Jr. is assigned to the case.

Isaac M. Gabriel, Esq., at Quarles & Brady LLP, is the Debtor's
counsel.


ROYAL ALICE: Trustee's Feb. 22 Sale of 3 New Orleans Properties Set
-------------------------------------------------------------------
Judge Meredith S. Grabill of the U.S. Bankruptcy Court for the
Eastern District of Louisiana authorized the bidding procedures
proposed by Dwayne Murray, the Chapter 11 Trustee for Royal Alice
Properties, LLC, in connection with the sale of the immovable
property of the bankruptcy estate of the Debtor, described with
addresses as: (i) 900-902 Royal Street, New Orleans, Louisiana;
(ii) 906E Royal Street, New Orleans, Louisiana; and (iii) 910-912C
Royal Street, New Orleans, Louisiana.

As set forth within the Bidding Procedures: (i) by Feb. 23, 2022,
the Trustee will submit a motion to the Court ("Sale Confirmation
Motion") seeking approval of the Trustee Auction Sale to the
Successful Bidders and approving the Back-Up Bidders as the parties
to which the Real Properties will be sold if any Successful Bidder
does not close the Trustee Auction Sale by the Closing Date under
the final version of each such Successful Bidder's APA ("Sale
Confirmation Order"); and (ii) the Sale Confirmation Motion will be
heard on March 3, 2022, at 10:00 a.m., with notice to be given to
those parties receiving electronic notice via the Court's CM/ECF
system, those parties on the official creditor matrix in the case
who do not receive electronic notice, and any Qualified Bidder
(with full reservation by the Trustee that such parties are without
standing to oppose the Sale Confirmation Motion).

The Seller will enter into the Trustee APAs with AMAG, Inc., the
senior secured creditor in the Bankruptcy Case (the "Stalking Horse
Bidder"), if (i) the Trustee receives no Qualifying Bids or (ii)
AMAG is the Successful Bidder at the Trustee Auction Sale.  

The Stalking Horse Bidder has submitted three credit bids, one for
each of the Real Properties, as follows: (i) 900-902 Royal Street -
Credit Bid of $3.135 million; (ii) 906E Royal Street - Credit Bid
of $180,000; and (iii) 910-912C Royal Street - Credit Bid of $1.7
million.

On Feb. 22, 2022, at 9:30 a.m. (CT) (the "Sale Date"), the Trustee
will conduct the Trustee Auction Sale, at the offices of Trustee's
counsel, located at 400 Poydras Street, Suite 1812, in New Orleans,
LA 70130.

The Real Properties will be sold separately.

If no Qualifying Bid is received by the Trustee by the Bid
Deadline, the Trustee Auction Sale will be to the Stalking Horse
Bidder, for the aggregate price, equal to the three Credit Bids, of
$5.015 million.

The other salient terms of the Bidding Procedures are:

     a. Bid Deadline: Feb. 15, 2022 at 4:00 p.m. (CT)

     b. Initial Bid: (i) 900-902 Royal Street - $3,197,700; (ii)
906E Royal Street - $183,600; and (iii) 910-912C Royal Street
-$1,734,000

     c. Deposit: 5% of bid, made payable to "Dwayne Murray, Chapter
11 Trustee"

     d. Auction: If one or more Qualified Bids are received, the
Seller will conduct the Trustee Auction Sale of the Real
Properties, in which the Stalking Horse Bidder and the Qualified
Bidders may participate. The Trustee Auction Sale will be conducted
at the offices of the Trustee's counsel, located at 400 Poydras
Street, Suite 1812, New Orleans, LA 70130 on Feb. 22, 2022,
commencing at 9:30 a.m. (CT).

     e. Bid Increments: 1% higher than the preceding Qualified Bid

The Trustee will notify bidders in writing that their bids are or
are not Qualified Bids by 5:00 p.m. (CT) on Feb. 16, 2022, and if
the Trustee determines that a bid is not a Qualified Bid the
notification ("Deficiency Notice") will state the grounds therefor.
Any bidder that receives a Deficiency Notice will have until 5:00
p.m. (CT) on Feb. 18, 2022, to cure all deficiencies within the
non-Qualified Bid and provide to the Seller written proof of such
cure (a "Cure Notice"). The Trustee, by Feb. 21, 2022 at 9:00 a.m.
(CT) will provide notice in writing to any bidder that has provided
the Seller with a Cure Notice whether the deficiencies within the
Deficiency Notice have in fact been cured and whether such bid, as
a result of the cure and timely Cure Notice, is a Qualified Bid.

The Counsel for the Trustee will serve the Order on the required
parties who will not receive a copy through the CM/ECF system
pursuant to the FRBP and the LBRs and file a certificate of service
to that effect within three days.

A copy of the Bidding Procedures is available at
https://tinyurl.com/yckw8wf2 from PacerMonitor.com free of charge.

                     About Royal Alice Properties

Royal Alice Properties, LLC, owns, manages and rents the building
and real estate located on the 900 block of Royal Street in the
French Quarter, New Orleans, Louisiana.  The condominium units are
located at 906, 910-12 Royal St. New Orleans, LA 70116.

Royal Alice Properties sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. E.D. La. Case No. 19-12337) on Aug.
29, 2019. In the petition signed by Susan Hoffman, member/manager,
the Debtor was estimated $1 million to $10 million in both assets
and liabilities.

The case is assigned to Judge Meredith S. Grabill.

Leo D. Congeni, Esq., at Congeni Law Firm, LLC, represents the
Debtor.

Dwayne M. Murray has been appointed as Chapter 11 Trustee.  He
retained Louis M. Phillips, Esq., at Kelly Hart & Pitre as
counsel.



ROYAL ALICE: Trustee's Sale of 3 New Orleans Properties Approved
----------------------------------------------------------------
Judge Meredith S. Grabill of the U.S. Bankruptcy Court for the
Eastern District of Louisiana authorized Dwayne Murray, the Chapter
11 Trustee for Royal Alice Properties, LLC, to sell the immovable
property of the bankruptcy estate of the Debtor, described with
addresses as: (i) 900-902 Royal Street, New Orleans, Louisiana;
(ii) 906E Royal Street, New Orleans, Louisiana; and (iii) 910-912C
Royal Street, New Orleans, Louisiana.

The Settlement as outlined in the Motion is approved according to
the following terms:

     1. The claim of AMAG is allowed as follows (determined as of
June 30, 2021): (1) principal balance - $3,137,058.62, (2) accrued
Interest - $2,510,859.37, and (3) attorney fees and costs
$301,725.01, for a total claim as of June 30, 2021 of $5,949,643
(together with interest and costs accruing after June 30, 2021
("AMAG Claim").  The full balance of the AMAG Claim is allowed as a
secured claim under Section 506 of the Bankruptcy Code up to the
full value of the Real Property for purposes of recovery by AMAG,
subject to and reduced by the Carve-Out (as defined below).  The
allowance of the AMAG Claim against the Estate is subject to the
effect of Section 506(b), such that the allowed secured AMAG Claim
will be limited to and by the value of the Real Properties and its
other collateral, less the amount of the Carve-Out.  All rights of
AMAG regarding the right to hold an unsecured claim against the
debtor and any third-party guarantors, makers, etc., are reserved.


     2. AMAG and the Trustee will file and/or prosecute (if filed)
such pleadings as necessary to seek dismissal of the appeal of this
Court’s Judgment in Adversary Proceeding 19-1133, that is
currently pending in the District Court for the Eastern District of
Louisiana as CA # 20-3346 upon a motion for reconsideration.   

     3. AMAG will pay to the Trustee for the benefit of the Estate
the amount of $50,000, upon the Order becoming final, unless the
Order is stayed pending appeal.

     4. The Trustee will sell the immovable property of the Debtor,
described with addresses as: (i) 900-902 Royal Street; (ii) 906E
Royal Street; and (iii) 910-912C Royal Street (the "Real
Properties") in accordance with the Settlement and the Bidding
Procedures, free and clear of liens, with AMAG to be the
stalking-horse bidder.  The Real Properties are more particularly
described in Exhibit A to the Order.   

     5. AMAG will make an opening credit bid for each of the three
Real Properties in the following amounts (the aggregate amount is
$5,015,000 - "Aggregate Credit Bid Amount"), with the individual
bids (each a "Credit Bid") to be: (i) 900-902 Royal Street: -
Credit Bid of $3,135,000; (ii) 906E Royal Street:  - Credit Bid of
$180,000; and (iii) 910-912C Royal Street - Credit Bid of $1.7
million.

     6. Each of the Real Properties will be offered for sale
separately, without warranty of fitness or other purpose, but the
Trustee will provide a special warranty deed concerning the
Trustee's time of his control of the Real Properties.

     7. The Trustee will conduct the Sale by private sale auction
sale within 45 days after entry of the Order and the
contemporaneously issued Order approving the bidding procedures, at
which each of the Real Properties will be sold separately.

     8. The Sale, upon closing, (i) will be a legal, valid, and
effective transfer of the Real Properties, and (ii) will vest the
buyer(s) with all right, title and interest of the Estate in and to
the Real Properties free and clear of all Liens and Claims.  The
Sale, therefore, will be free and clear of not only the AMAG Liens
and Interests but any Lien or Interest, including any lease
agreement regarding any of the Real Properties, and as well any
Liens, Claims, or Interests that could be asserted against a buyer,
all of which Liens, Claims and Interests will be extinguished.

     9. The Trustee is entitled to recoup from the first cash
proceeds of the Sale up to $25,000 paid by the Trustee for
marketing expenses for the Sale ("Marketing Expense Limit").  If
the Sale is to AMAG through a credit bid, AMAG will reimburse the
Trustee up to the Marketing Expense Limit at closing of the Sale.

     10. AMAG will offer financing to the successful bidder on the
following terms, subject to credit approval and loan and security
documents acceptable to AMAG:

          i. AMAG will loan up to 65% of the purchase price of each
of the Real Properties, with the purchaser to make a down payment
of 35% of the purchase price;

          ii. Each loan term will be three years;

          iii. There will be a loan fee payable to AMAG of 1/2% for
each loan. The interest rate will be: 4.75% for the first 12
months, 5.75% for the next 12 months and 6.75% for the last 12
months;

          iv. Loan payments will be monthly in the amount of
monthly interest accrued plus 1/2% reduction of the principal
balance, with all accrued interest and the full principal balance
to be paid in full on the third anniversary of the note;

          v. The loans may be prepaid at any time without penalty;


          vi. The buyer will be required to maintain adequate fire,
flood, earthquake and liability insurance acceptable to AMAG for
which AMAG is a named insured or AMAG will obtain such insurance,
with the premium to be paid by the buyer;

          vii. Buyer must pay current any and all ad valorem and
other taxes arising from ownership and/or operation of the Real
properties; and

          viii. Absent adequate capitalization of buyer as
determined by AMAG in its sole discretion, AMAG may decline the
loan or require personal guaranty of third parties.

     11. Any amounts received from bidders other than AMAG above
the credit bids set forth, will be split 80% to AMAG and 20% to the
bankruptcy Estate until AMAG has received full payment of the AMAG
Claim (the "Overbid Split").

     12. The Estate will receive an amount equal to 1.25% of amount
of Aggregate Credit Bid Amount at closing, regardless of the buyer
or the purchase price amount.

     13. Whether AMAG is the successful bidder above the Aggregate
Credit Bid Amount with respect to any of the Real Properties, or if
AMAG is the buyer of all of the Real Properties for a price over
the Aggregate Credit Bid Amount, AMAG will pay the Trustee for the
benefit of the Estate the same Overbid Split determined by the
price over each of the Credit Bids.

     14. There will be a carve-out for the benefit of the Estate
from the liens and security interests of AMAG in, to and upon the
collateral subject to its liens in an amount and to the extent of:
(i) the aggregate of the Marketing Expense Limit, the Settlement
Payment, the collateral to pay or the payment of the Overbid Split
and the Estate Commission; (ii) any cash on hand held by the
Trustee at the time of closing of the Sale, exclusive of the
proceeds of the Sale; (iii) any accounts receivable (other than
from the Sale); and (iv) any claims of the Estate against third
parties ("Carve-Out").  The Carve-Out will constitute a priority
lien in, to and upon the property described ("Carve-Out Property"),
for the purposes of providing the Trustee with the ability to pay
allowed administrative expense claims.  AMAG will further
subordinate its AMAG Claim and the liens securing the AMAG Claim to
allowed administrative expense claims, but only to the extent of
the value of the Carve-Out Property, except that in the event the
Carve-Out Property is insufficient to pay allowed administrative
expense claims, AMAG will pay to the Trustee for the benefit of the
Estate one-half the amount of such shortfall, but only to the
extent that such shortfall does not exceed $200,000 ("AMAG Admin
Shortfall Payment").  For the avoidance of doubt, the liability of
AMAG for the AMAG Admin Shortfall Payment will not exceed $100,000.


     15. The Settlement will not affect the rights of AMAG against
third parties under its loan documents and applicable law, all of
which rights are expressly reserved to AMAG.

The AMAG Motions are granted.

The Order will upon entry be immediately executory, and it is
ordered that the stay of effectiveness under Federal Rule of
Bankruptcy Procedure 6004(h) be and is waived and abrogated.

The movant will serve the Order on the required parties who will
not receive a copy through the ECF system pursuant to the FRBP and
the LBRs and file a certificate of service to that effect within
three days.  

                     About Royal Alice Properties

Royal Alice Properties, LLC, owns, manages and rents the building
and real estate located on the 900 block of Royal Street in the
French Quarter, New Orleans, Louisiana.  The condominium units are
located at 906, 910-12 Royal St. New Orleans, LA 70116.

Royal Alice Properties sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. E.D. La. Case No. 19-12337) on Aug.
29, 2019. In the petition signed by Susan Hoffman, member/manager,
the Debtor was estimated $1 million to $10 million in both assets
and liabilities.

The case is assigned to Judge Meredith S. Grabill.

Leo D. Congeni, Esq., at Congeni Law Firm, LLC, represents the
Debtor.

Dwayne M. Murray has been appointed as Chapter 11 Trustee.  He
retained Louis M. Phillips, Esq., at Kelly Hart & Pitre as
counsel.



SAMURAI MARTIAL: Amends Several Secured Claims Pay Details
----------------------------------------------------------
Samurai Martial Sports, Inc., submitted a Third Amended Plan of
Reorganization for Small Business dated Jan. 10, 2022.

Samurai has a history as a profitable business. For example, in
2015, the Debtor had income of $671,940 (monthly income of $55,995)
and in 2016 the Debtor had income of $912,521 (monthly income of
$76,043).

Such income from either year would fund this plan. In these years,
the Debtor did not have a soccer field and income from a soccer
program that are currently in place. The Debtor has demonstrated
from past operations that it can and should have more than
sufficient income necessary to fund this plan.

The Plan Proponent's financial projections show that the Debtor
will have projected disposable income for the period described in
§ 1191(c)(2) as set forth on the projections. In addition, the
Debtor has an agreement with Houston Independent School District
("HISD") to be the provider for after school activities. The
agreement with HISD will provide significant income for the
Debtor.

The Debtor has submitted documents to obtain an EIDL loan from the
SBA for up to $500,000. If the Debtor obtains the loan after
confirmation, the Debtor intends to use the proceeds to pay the
administrative costs of this case, including without limitation,
the attorneys' fees of counsel, pay the 2021 ad valorem taxes (both
real property and personal property) to Harris County, the City of
Houston, Alief Independent School District, Texas Workforce
Commission, Lift Fund and up to $200,000 to BankUnited. If more
than $100,000 is paid to BankUnited, then BankUnited shall agree to
re-amortize the remaining amount of the loan over the remaining
term.

Class 1 consists of Harris County et al. Claim. Harris County filed
a proof of claim for $25,123.38. On or before January 31, 2022,
BankUnited will pay from the escrow amounts approximately one-half
of the amounts due for the real estate ad valorem taxes for 2021
for Class 1; provided that BankUnited shall only be required to pay
in total for all real estate ad valorem taxes for 2021 the escrow
amounts for ad valorem taxes for the Debtor. The claim of Harris
County shall be fully paid on or before July 2, 2026.

Class 2 consists of the City of Houston Claim. The City of Houston
filed a proof of claim for $9,308.94. On or before January 31,
2022, BankUnited will pay from the escrow amounts the amounts due
for the real estate ad valorem taxes for 2021 for Class 2 up to the
escrow reserve of BankUnited; provided that BankUnited shall only
be required to pay in total for all ad valorem taxes for 2021 the
escrow amounts for ad valorem taxes for the Debtor. The claim of
the City of Houston shall be fully paid on or before July 2, 2026.

Class 3 consists of Alief Independent School District Claim. Alief
Independent School District filed a proof of claim for $20,360.93.
On or before January 31, 2022, BankUnited will pay from the escrow
amounts the amounts due for the real estate ad valorem taxes for
2021 for Class 3; provided that BankUnited shall only be required
to pay in total for all ad valorem taxes for 2021 the escrow
amounts for ad valorem taxes for the Debtor. The claim of Alief
Independent School District shall be fully paid on or before July
2, 2026.

Class 4 consists of Texas Workforce Commission Claim. Samurai will
pay $1,779.53 to Class 4, plus post-petition interest accruing on
this amount at a rate of 3.75% per year from the petition date
until the amount is paid in full. Samurai will pay this amount in
36 equal monthly payments, beginning on the fifth day of the first
full calendar month after the effective date of the Plan.

Class 6 consists of BankUnited Claim. Samurai will pay the total
debt claim of $2,117,184.87 in monthly payments amortized over 21
years. Notwithstanding section 3 of the Note, the interest rate is
changed from a variable rate to a fixed rate of 5.25% per annum for
the entire remaining term of the Loan. The monthly payments for
principal and interest will be $13,883.73. Payments will start on
the Payment Start Date. At the request of BankUnited, Samurai will
execute amendments or supplements to the Note and Deed of Trust to
reflect the terms of this plan.

Class 8 consists of Priority Claim of the Internal Revenue Service.
The priority claim of the Internal Revenue Service estimated at
$13,162.49 over approximately 55 months at 3% interest such that
the total priority claim of the Internal Revenue Service shall be
fully paid on or before July 2, 2026.

Like in the prior iteration of the Plan, Samurai will pay $45,000
to the creditors with claims in Class 9 Non-Priority Unsecured
Creditors in 60 monthly payments, beginning on the fifth day of the
first full calendar month after the effective date of the Plan.
Such amount will be in full satisfaction of the claims in Class 9.

The Debtor will establish and maintain an emergency reserve fund at
BankUnited during the term of this plan. The fund will be for (1)
contingencies and possible future covid type issues, and (2)
payment of the Subpart V Trustee. An emergency shall be determined
by the facts and circumstances that exist at the time.

At the conclusion of this plan, the Debtor shall receive and may
continue to hold $100,000 as an emergency reserve fund, with the
funds then being in the control of the Debtor. Any funds in excess
of $100,000 in the emergency reserve fund will be paid to
BankUnited to reduce amounts owed to BankUnited. After completion
of this plan, the Debtor may move the emergency reserve fund to any
other bank of its choice. Payments of amounts in excess of $100,000
from the emergency reserve fund shall be made to BankUnited to be
applied to the loan with BankUnited. BankUnited shall release
control of the emergency reserve fund up to $100,000.

Samurai expects to fund the Plan with future income generated by
its sports and fitness programs, which were profitable before the
economic shut-down for COVID-19 and which Samuai expects to be
profitable once again now that the economic shut-down hopefully has
ended. Except for any items of property specifically surrendered
according to the terms of the Plan, Samurai will retain the
property of the bankruptcy estate. Ihab Ahmed will remain president
of the reorganized Debtor.

Samurai has approximately $13,000 as a bond in the Texas state
court case number 2021- 31372. If the funds have not been released
prior to the Effective Date, confirmation of this plan will allow
Samurai to request release of the funds from the 333rd State
District Court of Harris County. The 333rd State District Court is
directed to release the funds to Samurai with an order of
confirmation of this plan to Samurai and Samurai may use the funds
for its operations.

A full-text copy of the Third Amended Plan dated Jan. 10, 2022, is
available at https://bit.ly/3qw1JRh from PacerMonitor.com at no
charge.

Attorney for the Debtor:

     Reese Baker, Esq.
     Baker & Associates
     950 Echo Lane, Ste 300
     Houston, TX 77024
     Tel: (713) 979-2279

                   About Samurai Martial Sports

Samurai Martial Sports, Inc., is a Houston-based company that
operates a sports complex, camps, after school care and related
matters.

Samurai Martial Sports filed a petition for Chapter 11 protection
(Bankr. S.D. Tex. Case No. 21-32250) on July 2, 2021, listing as
much as $10 million in both assets and liabilities.  Ihab Ahmed,
president of Samurai Martial Sports, signed the petition.  

Judge Eduardo V. Rodriguez oversees the case.

Reese Baker, Esq., at Baker & Associates and Norris & Associates,
serve as the Debtor's legal counsel and accountant, respectively.


SEANERGY MARITIME: Jelco Delta, Claudia Restis Hold 9.9% Stake
--------------------------------------------------------------
In an amended Schedule 13D filed with the Securities and Exchange
Commission, Jelco Delta Holding Corp. and Claudia Restis disclosed
that as of Dec. 16, 2021, they beneficially own 17,291,934 shares
of common stock of Seanergy Maritime Holdings Corp., representing
9.99% based on 173,092,437 common shares outstanding as of Jan. 14,
2022.  Comet Shipholding Inc. also reported beneficial ownership of
3,440 common shares as of that date.

A full-text copy of the regulatory filing is available for free
at:

https://www.sec.gov/Archives/edgar/data/1448397/000121390022002125/ea154026-13da25jelco_seane.htm

                      About Seanergy Maritime

Greece-based Seanergy Maritime Holdings Corp. --
http://www.seanergymaritime.com-- is the only pure-play Capesize
ship-owner publicly listed in the US. Seanergy provides marine dry
bulk transportation services through a modern fleet of Capesize
vessels.  On a 'fully-delivered' basis, the Company's fleet will
consist of 16 Capesize vessels with average age of 11.5 years and
aggregate cargo carrying capacity of above 2,829,630 dwt.

Seanergy Maritime reported a net loss of $18.35 million for the
year ended Dec. 31, 2020, a net loss of $11.70 million for the year
ended Dec. 31, 2019, and a net loss of $21.06 million for the year
ended Dec. 31, 2018.  As of Dec. 31, 2020, the Company had $295.24
million in total assets, $199.55 million in total liabilities, and
$95.69 million in total stockholders' equity.


SELINSGROVE INSTITUTIONAL: More Civil Complaints Filed vs Brubakers
-------------------------------------------------------------------
Marcia Moore of The Daily Item reports that more employees of
Maurice and Deb Brubaker, the owners of three troubled Snyder
County firms, have filed civil complaints to recoup money they
claim is owed them.

Karen Schafer, Dana Fisher and Kenneth Snook are among at least six
employees of Stanley Woodworking, Middleburg, and Wood-Metal,
Selinsgrove, who have filed complaints at District Judge John
Reed's office in Selinsgrove, seeking to recoup less than $12,000
from the Brubakers who they say continued to deduct contributions
to health insurance, retirement and disability from paychecks after
dropping the benefits.

Fisher's claim is for $11,573 to cover medical bills, health
insurance and short-term disability premiums.  Schafer is seeking
$2,363 and Snook's claim is for $2,000 in medical bills, insurance
premiums and unpaid wages.

Wendi Clark, a 21-year Stanley Woodworking employee who filed a
civil claim against the Brubakers last week in district court, said
she did not receive a paycheck on Thursday.

In October 2021, William Penn Cabinetry, a new Freeburg
cabinet-making firm launched by the couple in February 2020 closed.
On Friday, January 14, 2022, Harrisburg attorney Robert Chernicoff
filed for Chapter 11 bankruptcy on behalf of Wood-Metal and said he
is negotiating with creditors of the two other companies.

                 About Wood-Metal Industries

Wood-Metal Industries -- is a manufacturer of cabinets and casework
for a variety of applications in education, healthcare and
institutional environments. It offers wide of products like custom
made wood, music and plastic laminate casework in various colours,
thereby enabling clients to choose and enhance the style that
complements their interior design schemes along with performance
and strength.

Selinsgrove Institutional Casework, LLC, doing business as Wood
Metal Industries, sought Chapter 11 protection (Bankr. M.D. Pa.
Case No. 22-bk-00021) on Jan. 7, 2022.

The Debtor's counsel:

         Robert E Chernicoff
         Cunningham And Chernicoff PC
         Tel: (717) 238-6570
         E-mail: rec@cclawpc.com


SONOMA PHARMACEUTICALS: Completes Stock Option Grants to Employees
------------------------------------------------------------------
Sonoma Pharmaceuticals, Inc. completed its annual grant of stock
options to employees, including executive officers, and directors
of the company.  

The annual grant is intended to recognize employees who meet
certain employment criteria and retain key employees.  The exercise
price of the options is based on the closing price of the company's
common stock of $4.57 per share on Jan. 14, 2022, and the options
vest in three equal tranches on the six-month, 18-month and
30-month anniversary of the grant date.  All options vest upon
change of control.  Any unvested options will expire if the
employment of the respective executive terminates prior to the
vesting date.  Each director received 30,000 options and each
executive officer received grants as follows:

   * Amy Trombly, Chief Executive Officer: 30,000 options;
   * Jerry Dvonch, Chief Financial Officer: 30,000 options; and
   * Bruce Thornton, Chief Operations Officer: 30,000 options.

                   About Sonoma Pharmaceuticals

Sonoma Pharmaceuticals, Inc. -- http://www.sonomapharma.com-- is a
global healthcare company that develops and produces stabilized
hypochlorous acid, or HOCl, products for a wide range of
applications, including wound care, animal health care, eye care,
oral care and dermatological conditions.  The Company's products
reduce infections, itch, pain, scarring and harmful inflammatory
responses in a safe and effective manner.  In-vitro and clinical
studies of HOCl show it to have impressive antipruritic,
antimicrobial, antiviral and anti-inflammatory properties. Its
stabilized HOCl immediately relieves itch and pain, kills pathogens
and breaks down biofilm, does not sting or irritate skin and
oxygenates the cells in the area treated assisting the body in its
natural healing process.  The Company sells its products either
directly or via partners in 54 countries worldwide.

Sonoma Pharmaceuticals reported a net loss of $3.95 million for the
year ended March 31, 2021, compared to a net loss of $3.31 million
for the year ended March 31, 2020.  As of Sept. 30, 2021, the
Company had $19.83 million in total assets, $8.37 million in total
liabilities, and $11.46 million in total stockholders' equity.

New York, NY-based Marcum LLP, the Company's auditor since at least
2006, issued a "going concern" qualification in its report dated
July 14, 2021, citing that the Company has incurred significant
losses and needs to raise additional funds to meet its obligations
and sustain its operations.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.


STAYSAVER VACATIONS: Case Summary & 20 Top Unsecured Creditors
--------------------------------------------------------------
Debtor: StaySaver Vacations LLC
        2601 Cattleman Rd. Suite 500
        Sarasota, FL 34232

Business Description: StaySaver provides members only access to
                      online travel savings, including flights,
                      hotel stays, car rentals, luxury cruises and

                      more.

Chapter 11 Petition Date: January 17, 2022

Court: United States Bankruptcy Court
       Middle District of Florida

Case No.: 22-00192

Debtor's Counsel: Marshall G. Reissman, Esq.
                  THE REISSMAN LAW GROUP, P.A.
                  1700 66th Street North
                  Suite 405
                  Saint Petersburg, FL 33710
                  Tel: 727-322-1999
                  Fax: 727-327-7999
                  Email: marshall@reissmanlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Larry Biondi, managing member.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 20 largest unsecured creditors is available
for free at PacerMonitor.com at:

https://www.pacermonitor.com/view/GAMUCXA/StaySaver_Vacations_LLC__flmbke-22-00192__0001.0.pdf?mcid=tGE4TAMA


STEM HOLDINGS: Incurs $64.6 Million Net Loss in FY Ended Sept. 30
-----------------------------------------------------------------
Stem Holdings, Inc. filed with the Securities and Exchange
Commission its Annual Report on Form 10-K disclosing a net loss of
$64.61 million on $35.77 million of revenues for the year ended
Sept. 30, 2021, compared to a net loss of $11.49 million on $13.97
million of revenues for the year ended Sept. 30, 2020.

As of Sept. 30, 2021, the Company had $57.19 million in total
assets, $22.95 million in total liabilities, and $34.23 million in
total shareholders' equity.

Deer Park, IL-based LJ Soldinger Associates, LLC, the Company's
auditor since 2017, issued a "going concern" qualification in its
report dated Jan. 13, 2022, citing that the Company, and its
affiliates, had net losses of $64.4 million and $11.5 million,
negative working capital of $2.954 million and $9.235 million and
accumulated deficits of $115.750 million and $51.386 million as of
and for the year ended Sept. 30, 2021 and 2020, respectively.  In
addition, the Company has commenced operations in the production
and sale of cannabis and related products, an activity that is
illegal under United States Federal law for any purpose, by way of
Title II of the Comprehensive Drug Abuse Prevention and Control Act
of 1970, otherwise known as the Controlled Substances Act of 1970.
These facts raise substantial doubt as to the Company's ability to
continue as a going concern.

A full-text copy of the Form 10-K is available for free at:

https://www.sec.gov/ix?doc=/Archives/edgar/data/1697834/000149315222001152/form10-k.htm

                        About Stem Holdings

Headquartered in Boca Raton, Florida, Stem Holdings, Inc. --
http://www.stemholdings.com-- is a multi-state, vertically
integrated, cannabis company that, through its subsidiaries and its
investments, is engaged in the manufacture, possession, use, sale,
distribution or branding of cannabis, and holds licenses in the
adult use and medical cannabis marketplace in the states of Oregon,
Nevada, California, Oklahoma and Massachusetts.


SYNIVERSE HOLDINGS: Moody's Rates New Secured First Lien Debt 'B2'
------------------------------------------------------------------
Moody's Investors Service assigned a B2 rating to Syniverse
Holdings, Inc.'s proposed senior secured first lien credit
facility. The proceeds will be used to refinance the company's
existing capital structure. The company's existing ratings,
including the corporate family rating (CFR) at Caa1 on review for
upgrade, are unchanged. All existing ratings remain on review for
upgrade.

The proposed credit facility consists of a $1 billion 7-year senior
secured first lien term loan and a $165 million 5-year revolver
(undrawn at close), which will also represent the entirety of the
company's proforma debt post-merger. The successful completion of
the refinancing is one of several required conditions for Syniverse
to close on its proposed merger with M3-Brigade Acquisition II
Corp. ("MBAC"), a publicly-traded special purpose acquisition
company (SPAC). The SPAC merger will result in Syniverse becoming a
publicly traded company with reduced private equity ownership, a
lower debt burden and lower financial leverage. The proposed
refinancing and the SPAC merger will result in a capital structure
that cuts Syniverse's funded debt and interest burden in half,
de-risking credit profile. Moody's views governance considerations
as integral to this ratings action.

Assignments:

Issuer: Syniverse Holdings, Inc.

Senior Secured 1st Lien Term Loan, Assigned B2 (LGD3)

Senior Secured 1st Lien Multi Currency Revolving Credit Facility,
Assigned B2 (LGD3)

RATINGS RATIONALE

Syniverse's current Caa1 CFR (on review for upgrade) reflects its
high leverage, weak liquidity, secular decline in the highly
profitable CDMA business, and historical execution difficulties
that have not yet reversed. Nevertheless, Syniverse garners credit
support from its global reach, secure communication network,
established business serving mobile network operators and
enterprises globally and leading market positions with
differentiated technology. Moody's expects that Syniverse will
materially improve its liquidity and reduce its leverage upon the
successful completion of the merger. If the transaction closes as
anticipated by the end of fiscal Q1 2022, Moody's estimates pro
forma Debt/EBITDA (Moody's adjusted) approaching 5x by the
transaction close, down from 10.3x as of LTM 8/2021 (Moody's
adjusted). To the extent the proposed merger is completed timely,
consistent with the proposed terms, operating performance continues
to improve, and absent any other material changes to the credit
profile, Moody's would consider upgrading Syniverse's corporate
family rating and probability of default rating by two notches to
B2 and B2-PD, respectively, with a stable outlook.

The B2 rating on the proposed credit facility is based on the
post-merger credit profile of the company consistent with Moody's
current expectation for a post-merger B2 CFR, assuming timely close
of the SPAC merger on current terms and improving operating
performance.

The proposed credit facilities are expected to contain extremely
aggressive covenant flexibility for transactions not disclosed at
this time that could adversely affect creditors, including the
omission of certain material lender protections.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The review for upgrade of Syniverse's ratings will continue to
focus on the successful completion of the SPAC merger. The merger
with MBAC is expected to close before the end of fiscal Q1 2022 and
is subject to MBAC shareholder approval, consummation of Twilio
Inc's (Twilio, Ba3 stable) investment, and other customary closing
conditions.

The principal methodology used in these ratings was Business and
Consumer Services published in November 2021.

Headquartered in Tampa, Florida, Syniverse Holdings, Inc. is a
leading provider of mobile and wireless technology services to
mobile network operators and enterprises globally. The company's
FYE 11/2021 revenue was $733 million.


SYSTEM ONE: S&P Raises ICR to 'B' on Good Revenue & EBITDA Trends
-----------------------------------------------------------------
S&P Global Ratings raised all of its ratings on U.S.-based
specialized staffing firm OCM System One Buyer CTB LLC, which does
business as System One, including the issuer credit rating, to 'B'
from 'B-'.

The stable outlook reflects S&P's expectations for low-single-digit
percent revenue growth and leverage of about 5x over the next 12
months.

System One is funding two acquisitions by adding an incremental $30
million term loan that's fungible with its existing term loan
facility.

S&P said, "We upgraded System One despite the leveraging impact of
the company's proposed acquisitions because we believe that the
company will maintain leverage of about 5x through at least 2023.

"The company's operating performance has been higher than we
expected, and we believe the company will continue to exhibit good
revenue and EBITDA growth over the next 12 to 24 months. Pro forma
for the proposed transaction, S&P adjusted debt to EBITDA was
around 5.4x from 5x as of Sept. 30, 2021. We expect adjusted FOCF
to debt to remain healthy at over 5%."

The supply/demand imbalance in the labor market and tailwinds
stemming from the COVID-19 pandemic have resulted in strong demand
for System One's services. The company has experienced significant
growth in 2021 with revenue and adjusted EBITDA up around 13% and
37%, respectively in the first three quarters of 2021. We project
the company's revenue and EBITDA to growth in the mid-single digit
percent area in 2022, driven by organic growth in the low single
digits as robust demand trends continue, and $45-50 million of
acquired revenue following its acquisition of DreamTek and an
undisclosed company that provides services to public housing
organizations.

S&P said, "We expect System One will continue to make acquisitions
to increase scale, which entails integration and execution risks.
System One has routinely made tuck-in acquisitions to bolster
revenue growth. We expect this to continue over time, as organic
growth excluding acquisitions remains in the low single digits.
With such a strategy, the risks of overpaying and successful
integration remain heightened. We expect FOCF to increase modestly
over time due to EBITDA growth and low capital requirements and be
used for acquisitions rather than shareholder returns."

System One's hybrid delivery business model carries more stable
growth but lower margins than peers' because of the focus on scale,
stability, and larger clients, which tends to limit billing rates
in favor of higher volumes. The company's mix of customer direct
service (about two-thirds of revenue) and managed service provider
business models creates margins that are stable but lower than
peers'. The majority of System One's gross margin comes from
longer-tenured clients of over 10 years. The company also has a
diverse client base and good revenue visibility given long-term
contracts. In addition, System One's client base, highly recurring
nature, and regulatory, nondiscretionary service offerings somewhat
reduce the volatility inherent with the staffing industry. However,
S&P believes System One's focus on scale and larger clients lowers
average billing rates versus rated peers' despite competing in
similar verticals.

The stable outlook reflects S&P's expectations for low-single-digit
percent organic revenue growth--driven by a tight labor market
driving demand for shorter-term contracts and long-term stable
contacts driving continued demand--and leverage of about 5x over
the next 12 months.

S&P could lower its rating on System One if its leverage exceeds
5.5x or its FOCF to debt declines below 5% on a sustained basis.
This could occur if:

-- The company undertakes debt-financed shareholder returns or
large acquisitions that result in elevated leverage, which S&P
believes could happen if the company and its sponsor chooses to
pursue a more aggressive than expected financial policy;

-- It is unable to effectively integrate its acquisitions and
expand its end markets; or

-- There is a prolonged economic downturn that causes its revenue
to decline significantly.

S&P views another upgrade as unlikely over the next 12 months given
the company's financial sponsor ownership and its expectation that
it could continue to pursue debt-financed acquisitions. However,
S&P could raise its rating on System One over the longer term if:

-- The company materially expands its business and improves EBITDA
margins, such that S&P has a more favorable view of its competitive
position;

-- Its leverage remains less than 4.5x on a sustained basis, even
accounting for the possibility of leveraging acquisitions; and

-- The company is able to maintain FOCF to debt of more than 10%.

E-2, S-2, G-3

Governance is a moderately negative consideration, as it is for
most rated entities owned by private-equity sponsors. S&P believes
System One's highly leveraged financial risk profile points to
corporate decision-making that prioritizes the interests of
controlling owners. This also reflects private-equity sponsors'
generally finite holding periods and focus on maximizing
shareholder returns.



TOZ-BEL INC: Unsecured Creditors to Split $27.9K in 72 Months
-------------------------------------------------------------
Toz-Bel, LLC, a/k/a Rossy's Garden, submitted a First Amended
Combined Plan of Reorganization and Disclosure Statement dated Jan.
9, 2022.

Since the petition date, the Debtor has been carefully reviewing
its operations in order to formulate a successful Plan of
Reorganization. Continuing the Debtor's operations and utilizing
the liquor license to complement the Debtor's fine food and
encompass the full dining experience is essential to the Debtor's
Plan of Reorganization.

The Amended Plan will treat claims as follows:

     * All Administrative Expenses, including tax claims,
professional fees, Trustee fees, expenses arising in the ordinary
course of business after the Petition Date and value of goods
received in the ordinary course of business will be paid in full on
the effective date of the Plan or according to separate written
agreement.

     * Priority Tax Claims shall be paid in full in equal monthly
installments starting in the 1st month after the effective date of
confirmation for 72 months or on the anniversary of the effective
date (annual payments) for six (6) years. This unique request for
an extension of time to pay priority claims is being made due to
the ongoing Covid-19 pandemic, staff shortages and periodic state
mandated business closings.

     * Secured Claims in Class 1 that are unimpaired pursuant to
their attached collateral and date and priority of their judgment
lien filing will be paid in full in equal monthly installments
starting in the 1st month after the effective date of confirmation
for 72 months pursuant to their rights as a judgment creditor. They
shall retain their prepetition liens until their claims are paid in
full with interest.

     * Secured Claims in Class 2 that are impaired and paid an
allowed claim of $23,555.97 pursuant to a 1/13/17 consent order
from the Debtor's prior Chapter 11 Bankruptcy filing shall be paid
in equal monthly installments starting the 1st month after the
effective date of confirmation for 72 months.

     * Secured Claims in Class 3 that are impaired pursuant to
their collateral and date and priority of their judgment lien
filing shall be determined as totally under secured pursuant to
Section 506 of the Bankruptcy Code and shall be completely crammed
down and paid as a general unsecured creditor.

     * Executory Contracts and Unexpired Leases: There are no
executor contracts or unexpired leases for the Debtors to reject or
assume. There is no written lease agreement and no security for the
business location as Debtor is month to month on an oral agreement.
Rent payments have been suspended until further notice due to
improvements made to the property and the ongoing Covid-19
pandemic.

     * General Unsecured Claims shall be paid 5% of allowed claims
in equal monthly installments starting in the 1st month after the
effective date of confirmation for 72 months for a total of
$27,936.00 to be paid.

     * Allowed Unsecured of Insiders will receive no dividend.

     * Equity Interest Holder, Julio Maldonado, will retain his
interest in the Debtor as he has and continues to provide new value
to the Debtor by way of injection of personal funds that have paid
for major renovations of the business location as well as cover any
anticipated cash flow shortages to ensure all plan payments are
met.

The Plan will be funded by the Debtor's post-petition average cash
on hand at the end of the month of approximately $6,800.00 per
month to fund all obligations under the Plan. This is a
conservative outlook due to the ongoing economic slowdown from
Covid-19 but Debtor's recent operating reports are showing positive
cash flow that will only improve provided that the recent surge in
the Covid-19 infections hopefully dissipates in the coming months
as we exit the holiday season.

Julio Maldonado, Managing Member and General Manager of the Debtor,
shall also make additional capital contributions towards
administrative expenses and/or Plan funding upon confirmation of
the Plan (if necessary).

A full-text copy of the First Amended Small Business Combined Plan
and Disclosure Statement dated Jan. 9, 2022, is available at
https://bit.ly/3FwDFSi from PacerMonitor.com at no charge.
Attorneys for the Debtor Toz-Bel, LLC:

     Steven D. Pertuz, Esq.
     THE LAW OFFICES OF STEVEN D. PERTUZ, LLC
     111 Northfield Avenue, Suite 304
     West Orange, New Jersey 07052
     Tel: (973) 669-8600
     Fax: (973) 669-8700

                       About Toz-Bel LLC

Toz-Bel, LLC, filed a Chapter 11 bankruptcy petition (Bankr. D.N.J.
Case No. 16-15415) on March 22, 2016.  The Debtor is represented by
Anthony Sodono III, Esq., of the firm Trenk, DiPasquale, Della Fera
& Sodono, PC.


VANGUARD GROUP: Fitch Gives 'BBf' to Vanguard Emerging ETF
----------------------------------------------------------
Fitch Ratings has assigned International Fund Credit Quality
Ratings (FCQR) and Fund Market Risk Sensitivity Ratings (MRSR) to
the six exchange traded funds (ETFs) listed below, which are
managed by the Vanguard Group, Inc. (Vanguard). As of Nov. 30 2021,
the funds had approximately $443 billion in assets:

-- Vanguard Total Bond ETF (BND): 'Af'/'S4';

-- Vanguard Short-Term Corporate Bond ETF (VCSH): 'Af'/'S3';

-- Vanguard Intermediate-Term Corporate Bond ETF (VCIT):
    'BBBf'/'S4';

-- Vanguard Long-Term Corporate Bond ETF (VCLT): 'BBBf'/'S6';

-- Vanguard Mortgage-Backed Securities ETF (VMBS):
    'AAAf'/'S3'/Rating Outlook Negative;

-- Vanguard Emerging Markets Government Bond ETF (VWOB):
    'BBf'/'S6'.

KEY RATING DRIVERS

The ratings reflect Fitch's review of the funds' investment
guidelines, credit quality, diversification, duration, and the
capabilities of Vanguard.

FCQRs and MRSRs do not opine on the probability of extraordinary
liquidity management measures being applied, the redemption risk of
the fund or potential deviations between a fund's net asset value
and the share price. As the funds are passively managed, their
FCQRs and MRSRs may change as a result of changes in the underlying
credit quality of the portfolios, as reflected in the respective
indices the funds track, due to downgrades of underlying holdings.

ASSET CREDIT QUALITY

The main driver of the FCQRs is the credit quality of the
portfolios as measured by their weighted average rating factor
(WARF). WARF is Fitch's risk-weighted measure of a portfolio of
assets that accounts for the portfolio's credit quality and
maturity profile. As of the review date of Nov. 30, 2021, the funds
had the following WARFs:

Vanguard Total Bond ETF (BND)

The portfolio's WARF was 0.9, in line with Fitch's 'AAf' rating
criteria range of 0.3 to 1.0. However, Fitch assigned an 'Af' FCQR
to reflect the sensitivity of the portfolio's WARF to credit
migration in Fitch's stress tests, as the fund's WARF is near the
lower bound (1.0) of the 'AAf' WARF range. The 'Af' FCQR indicates
very high underlying credit quality (or low vulnerability to
default).

Vanguard Short-Term Corporate Bond ETF (VCSH)

The portfolio's WARF was 2.0, in line with Fitch's 'Af' rating
criteria range of 1.0 to 2.6. The 'Af' FCQR indicates high
underlying credit quality (or low vulnerability to default).

Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

The portfolio's WARF was 3.0, in line with Fitch's 'BBBf' rating
criteria range of 2.6 to 8.8. The 'BBBf' FCQR indicates good
underlying credit quality (or moderate vulnerability to default).

Vanguard Long-Term Corporate Bond ETF (VCLT)

The portfolio's WARF was 2.8, in line with Fitch's 'BBBf' rating
criteria range of 2.6 to 8.8. The 'BBBf' FCQR indicates good
underlying credit quality (or moderate vulnerability to default).

Vanguard Mortgage-Backed Securities ETF (VMBS)

The portfolio's WARF was 0.2, in line with Fitch's 'AAAf' rating
criteria range of 0.0 to 0.3. The 'AAAf' FCQR indicates the highest
underlying credit quality (or lowest vulnerability to default). The
Negative Rating Outlook indicates the assigned FCQR's sensitivity
to the rating of the U.S. Government and its agencies
(AAA/F1+/Negative).

Vanguard Emerging Markets Government Bond ETF (VWOB)

The portfolio's WARF was 12.4, in line with Fitch's 'BBf' rating
criteria range of 8.8 to 22.3. The 'BBf' FCQR indicates the
underlying assets are of speculative credit quality (or elevated
vulnerability to default).

MARKET RISK

The main driver of the MRSRs is the Fitch-calculated market risk
sensitivity factor (MRSF). A fund's MRSF is calculated by combining
the portfolio interest rate duration and risk-adjusted spread
duration of the securities in the portfolio, and adjusting the
result for the effect of any leverage. As of the review date of
Nov. 30, 2021, the funds had the following MSRFs:

Vanguard Total Bond ETF (BND)

The portfolio's MRSF was 8.6, in line with Fitch's 'S4' rating
criteria range of 7.5 to 12.5. The 'S4' MRSR indicates moderate to
high sensitivity to market risk.

Vanguard Short-Term Corporate Bond ETF (VCSH)

The portfolio's MRSF was 4.4, in line with Fitch's 'S3' rating
criteria range of 4.0 to 7.5. The 'S3' MRSR indicates moderate
sensitivity to market risk.

Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

The portfolio's MRSF was 10.7, in line with Fitch's 'S4' rating
criteria range of 7.5 to 12.5. The 'S4' MRSR indicates moderate to
high sensitivity to market risk.

Vanguard Long-Term Corporate Bond ETF (VCLT)

The portfolio's MRSF was 24.0, in line with Fitch's 'S6' rating
criteria range of 17.5 to 25.0. The 'S6' MRSR indicates very high
sensitivity to market risk.

Vanguard Mortgage-Backed Securities ETF (VMBS)

The portfolio's MRSF was 4.3, in line with Fitch's 'S3' rating
criteria range of 4.0 to 7.5. The 'S3' MRSR indicates moderate
sensitivity to market risk.

Vanguard Emerging Markets Government Bond ETF (VWOB)

The portfolio's MRSF was 25.4, in excess of Fitch's criteria range
of 17.5-25.0 for an 'S6' rating. Fitch assigned an 'S6' rating
since this indicates the highest relative degree of market risk
sensitivity on Fitch's MRSR scale.

INDICES

Under normal circumstances, the funds invest at least 80% of the
total assets in securities that comprise their respective benchmark
indices.

The funds apply a passive or indexing investment approach, seeking
to replicate as closely as possible, before fees and expenses, the
price and yield performance of the respective indices. Transaction
costs, including brokerage costs, decrease the funds' net asset
value to the extent not offset by transaction fees payable by an
authorized participant.

The Vanguard Total Bond ETF (BND) seeks to replicate the Bloomberg
U.S. Aggregate Float Adjusted Index, which is comprised of U.S.
Treasuries, U.S. dollar-denominated investment grade corporate
bonds, mortgage-backed, and asset-backed securities all with
maturities of more than one year.

The Vanguard Short-Term Corporate Bond ETF (VCSH) seeks to
replicate the Bloomberg U.S. 1-5 Year Corporate Bond Index, which
is comprised of U.S. dollar-denominated investment grade corporate
bonds with maturities between one and five years.

The Vanguard Intermediate-Term Corporate Bond ETF (VCIT) seeks to
replicate the Bloomberg U.S. 5-10 Year Corporate Bond Index, which
is comprised of U.S. dollar-denominated investment grade corporate
bonds with maturities between five and 10 years.

The Vanguard Long-Term Corporate Bond ETF (VCLT) seeks to replicate
the Bloomberg U.S. 10+ Year Corporate Index, which is comprised of
U.S. dollar-denominated investment grade corporate bonds with
maturities greater than 10 years.

The Vanguard Mortgage-Backed Securities ETF (VMBS) seeks to
replicate the Bloomberg U.S. MBS Float Adjusted Index, which is
comprised of U.S. agency mortgage-backed pass-through securities
issued by Ginnie Mae (GNMA), Fannie Mae (FNMA), and Freddie Mac
(FHLMC). To be included in the index, pool aggregates must have at
least $1 billion currently outstanding and a weighted average
maturity of at least one year.

The Vanguard Emerging Markets Government Bond ETF (VWOB) seeks to
replicate the Bloomberg USD Emerging Markets Government RIC Capped
Index, which is comprised of U.S. dollar-denominated bonds that
have maturities longer than one year and that were issued by
emerging market governments and government-related issuers.

Exposure to any particular bond issuer is limited to a maximum of
20% and aggregate exposure to issuers that individually constitute
5% or more of the index is limited to 48%. If the index, as
constituted based on market weights, exceeds the 20% or 48% limits,
the excess is reallocated to bonds of other issuers represented in
the index.

LEVERAGE

The funds may borrow money from their custodian through a credit
facility. However, the facility has not and is not expected to be
utilized under normal circumstances.

STRESS TESTS

Fitch conducted stress tests as outlined in its rating criteria to
test the sensitivity of the funds' ratings against potential
changes in the portfolios' credit quality. The stressed scenarios
indicated no material deterioration in the underlying scores that
support the funds' assigned ratings.

Fitch also conducted additional stress tests that reflect potential
ratings transition of underlying portfolio securities. Under these
stress scenarios portfolio metrics worsened, and for BND support a
lower rating than implied by the fund's current portfolio.

SURVEILLANCE

Fitch receives monthly fund portfolio holdings information,
including credit quality, market value and duration of the
individual securities to conduct surveillance against the Bond Fund
Rating Criteria. Portfolios as of November 30, 2021 were used to
complete the analysis for the assigned ratings.

INVESTMENT MANAGER

Fitch views Vanguard's investment advisory capabilities, resource
commitment, operational controls, corporate governance, and
compliance procedures as consistent with the ratings assigned to
the funds. Vanguard managed approximately $8 trillion in asset as
of Sept. 30, 2021.

RATING SENSITIVITIES

Factors that could, individually or collectively, lead to a
positive rating action/upgrade:

-- A material and sustained increase in portfolio credit quality
    could result in the FCQRs being upgraded for five of the six
    ETFs. Upward rating momentum for the FCQR of VMBS is not
    possible given the rating is already at the highest level on
    the FCQR scale.

-- A material and sustained decrease in portfolio duration could
    result in the MRSRs being upgraded.

-- In the case of VMBS, the Negative Rating Outlook would be
    revised to Stable if the Rating Outlooks assigned to the U.S
    government and/or its agencies are revised to Stable.

Factors that could, individually or collectively, lead to a
negative rating action/downgrade:

-- A material and sustained decrease in portfolio credit quality
    or increase in maturities could result in the FCQRs being
    downgraded. More specifically, in the case of VMBS, the FCQR
    could be downgraded if the ratings of the U.S. government
    and/or its agencies are downgraded.

-- A material and sustained increase in portfolio duration could
    result in the MRSRs being lowered for four of the six ETFs.
    Downward rating momentum for the MRSRs of VCLT and VWOB is not
    possible given the ratings are already at the lowest level on
    the MRSR scale.

CRITERIA VARIATION

Fitch's analysis of VMBS included a variation from Fitch's
criteria, "Bond Fund Rating Criteria". While Fitch typically uses
modified duration to calculate a fund's Market Risk Sensitivity
Rating, Fitch based its calculation on the ETF's effective duration
given that a majority of the assets were agency residential
mortgage backed securities (RMBS). Fitch believes effective
duration is a more accurate reflection of the weighted average
spread risk of such assets than modified duration given the
embedded option present in these securities.

Fitch's analysis of VWOB included a variation from the agency's
criteria, "Bond Fund Rating Criteria". As noted above, the
portfolio's MRSF was 25.4 as of Nov. 30, 2021, in excess of the
criteria range of 17.5-25.0 for an 'S6' rating. Fitch assigned an
'S6' rating since this indicates the highest relative degree of
market risk sensitivity on Fitch's MRSR scale.


WATSONVILLE HOSPITAL: Feb. 17 Auction of Substantially All Assets
-----------------------------------------------------------------
Judge Elaine M. Hammond of the U.S. Bankruptcy Court for the
Northern District of California authorized the bidding procedures
proposed by Watsonville Hospital Corp. and its affiliates in
connection with the auction sale of all or substantially all of
their assets.

The Debtors, in consultation with the Consultation Parties, are
authorized to take any and all actions necessary to implement the
Bidding Procedures.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: Feb. 14, 2022, at 4:00 p.m. (PT)

     b. Initial Bid:  Each Bid must clearly set forth the cash
purchase price and identify any non-cash consideration included in
such Bid

     c. Deposit: 10% of the Bidder's proposed Purchase Price

     d. Auction: The Auction, if any, will take place on Feb. 17,
2022, at 10:00 a.m. (PT) via videoconference, subject to
modification in accordance with the Bidding Procedures. As soon as
reasonably practicable after the conclusion of the Auction, but in
no event later than one day after the close of the Auction, the
Debtors will file with the Court and serve on the Master Service
List and all Qualified Bidders a notice identifying the Winning
Bidder and the Backup Bidder, if any, and post such notice on the
Debtors' bankruptcy website
(http://cases.stretto.com/WatsonvilleHospital). If the Debtors do
not receive any Bids that the Debtors, in consultation with the
Consultation Parties, deem to be Qualified Bids on or prior to the
Bid Deadline other than the Stalking Horse APA, the Debtors, in
consultation with the Consultation Parties, may designate the
Stalking Horse Bidder as the Winning Bidder without holding an
Auction, in which case the Debtors will file a notice of
cancellation of the Auction.

     e. Bid Increments: $250,000

     f. Sale Hearing: Feb. 23, 2022, at 10:00 a.m. (PT)

     g. Sale Objection Deadline: Feb. 7, 2022, at 4:00 p.m. (PT)

The Debtors are authorized to enter into the Stalking Horse APA
(Exhibit 5) for purposes of the Motion and the Auction.

If the Debtors, after consultation with the Consultation Parties,
determine that the Stalking Horse Bidder is a Qualified Bidder as
provided in the Bidding Procedures on or prior to Feb. 14, 2022,
the Stalking Horse Bidder will be entitled to the Expense
Reimbursement, which, in such event, will be earned by and payable
to the Stalking Horse Bidder, without need for further order of the
Court, upon the Closing and from the proceeds of a Sale with a
Winning Bidder other than the Stalking Horse Bidder.  For the
avoidance of doubt, if the Stalking Horse Bidder is the Winning
Bidder but fails to close, the Stalking Horse Bidder will not be
entitled to the Expense Reimbursement.

The Debtors (or their agent) shall, on or prior to Jan. 17, 2022,
file and serve the Auction and Sale Notice upon the Sale Notice
List.  The Debtors are not required to serve the Auction and Sale
Notice on the Patient List. The Debtors (or their agent) shall, on
or prior to Jan. 17, 2022, file and serve the Assumption and
Assignment Notice on the Contract Counterparties. As soon as
practicable after entry of the Order, the Debtors will cause the
Publication Notice to be published once in each of The Pajaronian
and the Santa Cruz Sentinel.

The Assumption and Assignment Procedures are approved in their
entirety, including all procedures and deadlines set forth therein.
On or prior to Jan. 17, 2022, the Debtors will file with the Court,
and serve on the Contract Counterparties, the Assumption and
Assignment Notice, including the Cure Schedule. The Contract
Objection Deadline is Feb. 7, 2022 at 4:00 p.m. (PT).  

Notice of the Motion as provided therein will be deemed good and
sufficient notice of such Motion and the requirements of Bankruptcy
Rule 6004(a) and the Bankruptcy Local Rules are satisfied by such
notice.

The requirements of Bankruptcy Rules 6004(h) and 6006(d) are
waived.

A copy of the Bidding Procedures and the Exhibits is available at
https://tinyurl.com/3s756ujz from PacerMonitor.com free of charge.

              About Watsonville Hospital Corporation

Watsonville Hospital Corporation and its affiliates operate
Watsonville Community Hospital, a 106-bed acute care facility
located in Watsonville, Calif. The hospital, which is the only
acute care facility in the area, provides emergency, cardiac,
pediatric, surgical, pharmaceutical, laboratory, radiological and
other critical services.

Watsonville Hospital Corporation and its affiliates filed
petitions
for Chapter 11 protection (Bankr. N.D. Calif. Lead Case No.
21-51477) on Dec. 5, 2021. Jeremy Rosenthal, chief restructuring
officer, signed the petitions. In its petition, Watsonville
Hospital Corporation listed as much as $50 million in both assets
and liabilities.

Judge Elaine M. Hammond oversees the cases.

The Debtors tapped Pachulski Stang Ziehl & Jones, LLP as
bankruptcy
counsel; Hooper, Lundy & Bookman, PC and Bartko Zankel Bunzel &
Miller as special counsel; Cowen and Company, LLC as investment
banker; and Force Ten Partners, LLC as restructuring advisor.
Jeremy Rosenthal of Force Ten Partners serves as the Debtors'
chief
restructuring officer.  Bankruptcy Management Solutions, Inc.,
doing business as Stretto, is the Debtors' claims, noticing and
solicitation agent and administrative advisor.



WITCHEY ENTERPRISES: Jan. 25 Hearing on Bid Procedures for Assets
-----------------------------------------------------------------
Judge Henry W. Van Eck of the U.S. Bankruptcy Court for the Middle
District of Pennsylvania rescheduled the hearing on Witchey
Enterprises, Inc.'s proposed bidding procedures in connection with
the sale of a portion of its personal property for Jan. 25, 2022,
at 10:00 a.m., in the Bankruptcy Courtroom, US Courthouse & Federal
Building, Third and Walnut Streets, Third Floor, in Harrisburg,
Pennsylvania.

The Court granted the Supplemental Motion for Continuance of the
Debtor of the January 11, 2022 Hearings in the matter concerning
the Debtor's Motion to Approve the Sale of a portion of its
personal property and Motion to Approve Bidding Procedures.

                      About Witchey Enterprises

Witchey Enterprises, Inc., a Wilkes-Barre, Pa.-based provider of
courier and express delivery services, filed a Chapter 11 petition
(Bankr. M.D. Pa. Case No. 19-00645) on Feb. 14, 2019. Louis
Witchey, president, signed the petition.  At the time of filing,
the Debtor had between $1 million and $10 million in both assets
and liabilities.  Judge Patricia M. Mayer oversees the case.  The
Debtor tapped Andrew Joseph Katsock, III, Esq., as legal counsel,
and David L. Haldeman as accountant.



YOUNGEVITY INT'L: Sets Q1 Monthly Dividend
------------------------------------------
Youngevity International, Inc. has declared its regular monthly
dividend of $0.203125 per share of its 9.75% Series D Cumulative
Redeemable Perpetual Preferred Stock (OTCM:YGYIP) for each of
January, February and March 2022.  The dividend will be payable on
Feb. 15, 2022, March 15, 2022, and April 15, 2022, to holders of
record as of Jan. 31, 2022, Feb. 28, 2022, and March 31, 2022.  The
dividend will be paid in cash.

                          About Youngevity

Chula Vista, California-based Youngevity International, Inc. --
https://ygyi.com -- is a multi-channel lifestyle company operating
in three distinct business segments including a commercial coffee
enterprise, a commercial hemp enterprise, and a direct marketing
enterprise.  The Company features a multi country selling network
and has assembled a virtual Main Street of products and services
under one corporate entity, The Company offers products from the
six top selling retail categories: health/nutrition, home/family,
food/beverage (including coffee), spa/beauty, apparel/jewelry, as
well as innovative services.

Youngevity reported a net loss attributable to common stockholders
of $52.67 million for the year ended Dec. 31, 2019, compared to a
net loss attributable to common stockholders of $23.50 million for
the year ended Dec. 31, 2018.  As of Dec. 31, 2019, the Company had
$89.69 million in total assets, $59.52 million in total
liabilities, and $30.17 million in total stockholders' equity.

Houston, Texas-based MaloneBailey, LLP, the Company's auditor since
2020, issued a "going concern" qualification in its report dated
June 24, 2021, citing that the Company has suffered recurring
losses from operations and has a net capital deficiency that raises
substantial doubt about its ability to continue as a going concern.


[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------

                                                Total
                                               Share-      Total
                                    Total    Holders'    Working
                                   Assets      Equity    Capital
  Company         Ticker             ($MM)       ($MM)      ($MM)
  -------         ------           ------    --------    -------
ACCELERATE DIAGN  AXDX* MM           81.2       (39.7)      64.0
ACCELERATE DIAGN  1A8 TH             81.2       (39.7)      64.0
ACCELERATE DIAGN  1A8 QT             81.2       (39.7)      64.0
ACCELERATE DIAGN  1A8 GR             81.2       (39.7)      64.0
ACCELERATE DIAGN  AXDX US            81.2       (39.7)      64.0
AEMETIS INC       AMTXGEUR EU       147.0      (132.1)     (57.6)
AEMETIS INC       AMTXGEUR EZ       147.0      (132.1)     (57.6)
AEMETIS INC       DW51 GZ           147.0      (132.1)     (57.6)
AEMETIS INC       DW51 TH           147.0      (132.1)     (57.6)
AEMETIS INC       DW51 QT           147.0      (132.1)     (57.6)
AEMETIS INC       DW51 GR           147.0      (132.1)     (57.6)
AEMETIS INC       AMTX US           147.0      (132.1)     (57.6)
AERIE PHARMACEUT  0P0 TH            351.8       (72.9)     157.8
AERIE PHARMACEUT  0P0 QT            351.8       (72.9)     157.8
AERIE PHARMACEUT  0P0 GZ            351.8       (72.9)     157.8
AERIE PHARMACEUT  AERIEUR EZ        351.8       (72.9)     157.8
AERIE PHARMACEUT  AERI US           351.8       (72.9)     157.8
AERIE PHARMACEUT  AERIEUR EU        351.8       (72.9)     157.8
AERIE PHARMACEUT  0P0 GR            351.8       (72.9)     157.8
AGRIFY CORP       AGFY US           159.3       134.7      109.9
ALPHA CAPITAL -A  ASPC US           231.1       212.7        1.0
ALPHA CAPITAL AC  ASPCU US          231.1       212.7        1.0
ALTENERGY ACQU-A  AEAE US             0.5        (0.1)      (0.1)
ALTENERGY ACQUIS  AEAEU US            0.5        (0.1)      (0.1)
ALTICE USA INC-A  ATUS US        33,432.7    (1,132.7)  (2,824.2)
ALTICE USA INC-A  15PA GR        33,432.7    (1,132.7)  (2,824.2)
ALTICE USA INC-A  15PA TH        33,432.7    (1,132.7)  (2,824.2)
ALTICE USA INC-A  ATUSEUR EU     33,432.7    (1,132.7)  (2,824.2)
ALTICE USA INC-A  15PA GZ        33,432.7    (1,132.7)  (2,824.2)
ALTICE USA INC-A  ATUS* MM       33,432.7    (1,132.7)  (2,824.2)
ALTICE USA INC-A  ATUS-RM RM     33,432.7    (1,132.7)  (2,824.2)
ALTIRA GP-CEDEAR  MOC AR         39,564.0    (1,226.0)  (2,092.0)
ALTIRA GP-CEDEAR  MOD AR         39,564.0    (1,226.0)  (2,092.0)
ALTIRA GP-CEDEAR  MO AR          39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  MOEUR EU       39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  MO SW          39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  MO US          39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  PHM7 GR        39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  0R31 LI        39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  ALTR AV        39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  MOUSD SW       39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  PHM7 GZ        39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  MOEUR EZ       39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  PHM7 QT        39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  MO CI          39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  MO-RM RM       39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  MO* MM         39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  PHM7 TH        39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP INC  MO TE          39,564.0    (1,226.0)  (2,092.0)
ALTRIA GROUP-BDR  MOOO34 BZ      39,564.0    (1,226.0)  (2,092.0)
AMC ENTERTAINMEN  AMC4EUR EU     11,057.5    (1,642.7)     173.8
AMC ENTERTAINMEN  AMC* MM        11,057.5    (1,642.7)     173.8
AMC ENTERTAINMEN  AH9 TH         11,057.5    (1,642.7)     173.8
AMC ENTERTAINMEN  AH9 QT         11,057.5    (1,642.7)     173.8
AMC ENTERTAINMEN  AH9 GR         11,057.5    (1,642.7)     173.8
AMC ENTERTAINMEN  AH9 GZ         11,057.5    (1,642.7)     173.8
AMC ENTERTAINMEN  AMC-RM RM      11,057.5    (1,642.7)     173.8
AMC ENTERTAINMEN  A2MC34 BZ      11,057.5    (1,642.7)     173.8
AMC ENTERTAINMEN  AMC US         11,057.5    (1,642.7)     173.8
AMERICAN AIR-BDR  AALL34 BZ      68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  AAL11EUR EU    68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  AAL AV         68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  AAL TE         68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  A1G SW         68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  A1G GZ         68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  AAL11EUR EZ    68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  A1G QT         68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  AAL US         68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  A1G GR         68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  AAL* MM        68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  A1G TH         68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  AAL-RM RM      68,437.0    (7,437.0)     257.0
AMERICAN AIRLINE  AAL_KZ KZ      68,437.0    (7,437.0)     257.0
AMYRIS INC        AMRS US           542.3       (53.3)    (182.0)
AMYRIS INC        3A01 SW           542.3       (53.3)    (182.0)
AMYRIS INC        3A01 QT           542.3       (53.3)    (182.0)
AMYRIS INC        AMRSEUR EU        542.3       (53.3)    (182.0)
AMYRIS INC        AMRSEUR EZ        542.3       (53.3)    (182.0)
AMYRIS INC        3A01 GZ           542.3       (53.3)    (182.0)
AMYRIS INC        AMRS* MM          542.3       (53.3)    (182.0)
AMYRIS INC        3A01 GR           542.3       (53.3)    (182.0)
AMYRIS INC        3A01 TH           542.3       (53.3)    (182.0)
APELLIS PHARMACE  1JK TH            525.7       (57.3)     381.2
APELLIS PHARMACE  APLS US           525.7       (57.3)     381.2
APELLIS PHARMACE  1JK GR            525.7       (57.3)     381.2
APELLIS PHARMACE  APLSEUR EU        525.7       (57.3)     381.2
APOLLO ENDOSURGE  APEN US            71.1        (0.1)      39.0
APOLLO ENDOSURGE  HQ8F GR            71.1        (0.1)      39.0
APOLLO ENDOSURGE  APEN1EUR EU        71.1        (0.1)      39.0
APOLLO ENDOSURGE  HQ8F TH            71.1        (0.1)      39.0
ARCH BIOPARTNERS  ARCH CN             2.7        (4.8)      (1.4)
ARCHIMEDES TECH   ATSPU US          133.8       133.5        0.6
ARCHIMEDES- SUB   ATSPT US          133.8       133.5        0.6
ARTERIS INC       AIP US             40.6       (15.0)     (12.2)
ATHENA BITCOIN G  ABIT US             0.0        (1.6)      (1.6)
ATLAS TECHNICAL   ATCX US           420.1      (144.9)     103.2
AUSTERLITZ ACQ-A  AUS US            692.9       614.7       (5.4)
AUSTERLITZ ACQUI  AUS/U US          692.9       614.7       (5.4)
AUTOZONE INC      AZO US         14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC      AZOEUR EZ      14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC      AZ5 GZ         14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC      AZOEUR EU      14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC      AZ5 QT         14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC      AZO AV         14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC      AZ5 TE         14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC      AZO* MM        14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC      AZO-RM RM      14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC      AZ5 GR         14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC      AZ5 TH         14,460.9    (2,124.7)  (1,738.7)
AUTOZONE INC-BDR  AZOI34 BZ      14,460.9    (2,124.7)  (1,738.7)
AVID TECHNOLOGY   AVD TH            248.9      (126.4)      (6.5)
AVID TECHNOLOGY   AVD GZ            248.9      (126.4)      (6.5)
AVID TECHNOLOGY   AVID US           248.9      (126.4)      (6.5)
AVID TECHNOLOGY   AVD GR            248.9      (126.4)      (6.5)
AVIS BUD-CEDEAR   CAR AR         21,610.0      (198.0)    (231.0)
AVIS BUDGET GROU  CAR* MM        21,610.0      (198.0)    (231.0)
AVIS BUDGET GROU  CAR2EUR EZ     21,610.0      (198.0)    (231.0)
AVIS BUDGET GROU  CUCA TH        21,610.0      (198.0)    (231.0)
AVIS BUDGET GROU  CUCA QT        21,610.0      (198.0)    (231.0)
AVIS BUDGET GROU  CAR2EUR EU     21,610.0      (198.0)    (231.0)
AVIS BUDGET GROU  CUCA GZ        21,610.0      (198.0)    (231.0)
AVIS BUDGET GROU  CAR US         21,610.0      (198.0)    (231.0)
AVIS BUDGET GROU  CUCA GR        21,610.0      (198.0)    (231.0)
BACKBLAZE INC-A   BLZE US            60.4       (12.1)     (32.1)
BATH & BODY WORK  BBWI* MM        6,031.0    (1,675.0)   1,550.0
BATH & BODY WORK  LTD0 QT         6,031.0    (1,675.0)   1,550.0
BATH & BODY WORK  LBEUR EZ        6,031.0    (1,675.0)   1,550.0
BATH & BODY WORK  LBEUR EU        6,031.0    (1,675.0)   1,550.0
BATH & BODY WORK  BBWI AV         6,031.0    (1,675.0)   1,550.0
BATH & BODY WORK  LTD0 GZ         6,031.0    (1,675.0)   1,550.0
BATH & BODY WORK  BBWI-RM RM      6,031.0    (1,675.0)   1,550.0
BATH & BODY WORK  BBWI US         6,031.0    (1,675.0)   1,550.0
BATH & BODY WORK  LTD0 TH         6,031.0    (1,675.0)   1,550.0
BATH & BODY WORK  LTD0 GR         6,031.0    (1,675.0)   1,550.0
BAUSCH HEALTH CO  BVF GR         29,252.0      (135.0)    (113.0)
BAUSCH HEALTH CO  BVF GZ         29,252.0      (135.0)    (113.0)
BAUSCH HEALTH CO  VRX1EUR EU     29,252.0      (135.0)    (113.0)
BAUSCH HEALTH CO  BVF QT         29,252.0      (135.0)    (113.0)
BAUSCH HEALTH CO  VRX1EUR EZ     29,252.0      (135.0)    (113.0)
BAUSCH HEALTH CO  BVF TH         29,252.0      (135.0)    (113.0)
BAUSCH HEALTH CO  VRX SW         29,252.0      (135.0)    (113.0)
BAUSCH HEALTH CO  BHCN MM        29,252.0      (135.0)    (113.0)
BAUSCH HEALTH CO  BHC US         29,252.0      (135.0)    (113.0)
BAUSCH HEALTH CO  BHC CN         29,252.0      (135.0)    (113.0)
BELLRING BRAND-A  BRBR US           696.5       (65.5)     136.8
BELLRING BRAND-A  BR6 TH            696.5       (65.5)     136.8
BELLRING BRAND-A  BR6 GR            696.5       (65.5)     136.8
BELLRING BRAND-A  BR6 GZ            696.5       (65.5)     136.8
BELLRING BRAND-A  BRBR1EUR EU       696.5       (65.5)     136.8
BENEFITFOCUS INC  BNFTEUR EU        252.4        (2.0)      65.9
BENEFITFOCUS INC  BNFT US           252.4        (2.0)      65.9
BENEFITFOCUS INC  BTF GR            252.4        (2.0)      65.9
BIGBEAR.AI HOLDI  BBAI US           360.3       344.9       (1.1)
BIGBEAR.AI HOLDI  28K1 GR           360.3       344.9       (1.1)
BIGBEAR.AI HOLDI  GIG2EUR EU        360.3       344.9       (1.1)
BIOCRYST PHARM    BO1 QT            265.8      (147.0)     119.1
BIOCRYST PHARM    BCRXEUR EU        265.8      (147.0)     119.1
BIOCRYST PHARM    BCRXEUR EZ        265.8      (147.0)     119.1
BIOCRYST PHARM    BCRX* MM          265.8      (147.0)     119.1
BIOCRYST PHARM    BCRX US           265.8      (147.0)     119.1
BIOCRYST PHARM    BO1 GR            265.8      (147.0)     119.1
BIOCRYST PHARM    BO1 TH            265.8      (147.0)     119.1
BIOHAVEN PHARMAC  BHVN US         1,131.2      (531.2)     482.1
BIOHAVEN PHARMAC  2VN GR          1,131.2      (531.2)     482.1
BIOHAVEN PHARMAC  BHVNEUR EU      1,131.2      (531.2)     482.1
BIOHAVEN PHARMAC  2VN TH          1,131.2      (531.2)     482.1
BLUE BIRD CORP    4RB GR            356.0       (32.7)      31.3
BLUE BIRD CORP    BLBDEUR EU        356.0       (32.7)      31.3
BLUE BIRD CORP    4RB GZ            356.0       (32.7)      31.3
BLUE BIRD CORP    BLBD US           356.0       (32.7)      31.3
BLUE BIRD CORP    4RB TH            356.0       (32.7)      31.3
BLUE BIRD CORP    4RB QT            356.0       (32.7)      31.3
BLUEACACIA LTD    BLEUU US          254.7        (7.8)      (7.8)
BLUEACACIA LTD-A  BLEU US           254.7        (7.8)      (7.8)
BOEING CO-BDR     BOEI34 BZ     146,846.0   (14,266.0)  31,117.0
BOEING CO-CED     BA AR         146,846.0   (14,266.0)  31,117.0
BOEING CO-CED     BAD AR        146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BCO GR        146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BAEUR EU      146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA EU         146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA-RM RM      146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA AV         146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BAUSD SW      146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BCO GZ        146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BAEUR EZ      146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA EZ         146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BCO QT        146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA CI         146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BACL CI       146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA_KZ KZ      146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BOE LN        146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA PE         146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BOEI BB       146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA US         146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BCO TH        146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA SW         146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA* MM        146,846.0   (14,266.0)  31,117.0
BOEING CO/THE     BA TE         146,846.0   (14,266.0)  31,117.0
BOEING CO/THE TR  TCXBOE AU     146,846.0   (14,266.0)  31,117.0
BOMBARDIER INC-B  BBDBN MM       12,532.0    (3,211.0)   1,296.0
BRIDGEBIO PHARMA  BBIOEUR EU        781.5      (735.9)     543.9
BRIDGEBIO PHARMA  2CL GZ            781.5      (735.9)     543.9
BRIDGEBIO PHARMA  2CL TH            781.5      (735.9)     543.9
BRIDGEBIO PHARMA  BBIO US           781.5      (735.9)     543.9
BRIDGEBIO PHARMA  2CL GR            781.5      (735.9)     543.9
BRIDGEMARQ REAL   BRE CN             84.3       (55.8)       9.9
BRINKER INTL      BKJ TH          2,339.4      (325.5)    (329.9)
BRINKER INTL      BKJ QT          2,339.4      (325.5)    (329.9)
BRINKER INTL      EAT2EUR EU      2,339.4      (325.5)    (329.9)
BRINKER INTL      EAT2EUR EZ      2,339.4      (325.5)    (329.9)
BRINKER INTL      EAT US          2,339.4      (325.5)    (329.9)
BRINKER INTL      BKJ GR          2,339.4      (325.5)    (329.9)
BROOKFIELD INF-A  BIPC US         9,176.0    (1,148.0)  (2,097.0)
BROOKFIELD INF-A  BIPC CN         9,176.0    (1,148.0)  (2,097.0)
BRP INC/CA-SUB V  B15A GZ         4,572.6      (226.8)     252.5
BRP INC/CA-SUB V  DOOEUR EU       4,572.6      (226.8)     252.5
BRP INC/CA-SUB V  DOO CN          4,572.6      (226.8)     252.5
BRP INC/CA-SUB V  B15A GR         4,572.6      (226.8)     252.5
BRP INC/CA-SUB V  DOOO US         4,572.6      (226.8)     252.5
BRP INC/CA-SUB V  B15A TH         4,572.6      (226.8)     252.5
CACTUS ACQUISITI  CCTSU US            0.2        (0.3)      (0.3)
CACTUS ACQUISITI  CCTS US             0.2        (0.3)      (0.3)
CALUMET SPECIALT  CLMT US         1,833.9      (300.2)    (273.4)
CARBON STREAMING  NETZ CN             -          (0.5)      (0.5)
CARBON STREAMING  M2Q GR              -          (0.5)      (0.5)
CARBON STREAMING  OFSTFEUR EU         -          (0.5)      (0.5)
CARBON STREAMING  M2Q GZ              -          (0.5)      (0.5)
CARBON STREAMING  OFSTF US            -          (0.5)      (0.5)
CASPER SLEEP INC  CSPR US           220.0       (43.0)     (23.9)
CEDAR FAIR LP     FUN US          2,814.5      (682.6)     331.8
CENGAGE LEARNING  CNGO US         2,804.1      (237.0)     197.1
CENTRUS ENERGY-A  LEU US            487.2      (229.1)      79.0
CENTRUS ENERGY-A  4CU TH            487.2      (229.1)      79.0
CENTRUS ENERGY-A  LEUEUR EU         487.2      (229.1)      79.0
CENTRUS ENERGY-A  4CU GZ            487.2      (229.1)      79.0
CENTRUS ENERGY-A  4CU GR            487.2      (229.1)      79.0
CHOICE CONSOLIDA  CDXX-U/U CN       173.8        (3.3)       -
CHOICE CONSOLIDA  CDXXF US          173.8        (3.3)       -
CINEPLEX INC      CGX CN          2,108.8      (199.8)    (351.0)
CINEPLEX INC      CX0 TH          2,108.8      (199.8)    (351.0)
CINEPLEX INC      CGXEUR EU       2,108.8      (199.8)    (351.0)
CINEPLEX INC      CGXN MM         2,108.8      (199.8)    (351.0)
CINEPLEX INC      CX0 GZ          2,108.8      (199.8)    (351.0)
CINEPLEX INC      CPXGF US        2,108.8      (199.8)    (351.0)
CINEPLEX INC      CX0 GR          2,108.8      (199.8)    (351.0)
CLEAR CHANNEL OU  CCO US          5,365.3    (3,287.8)     110.8
CLEARWATER AN-A   CWAN US           326.6       242.4      272.9
COEPTIS THERAPEU  COEP US             0.2        (0.6)      (0.6)
COGENT COMMUNICA  CCOI US         1,008.7      (356.8)     337.1
COGENT COMMUNICA  CCOIEUR EU      1,008.7      (356.8)     337.1
COGENT COMMUNICA  CCOI* MM        1,008.7      (356.8)     337.1
COGENT COMMUNICA  OGM1 GR         1,008.7      (356.8)     337.1
COMMUNITY HEALTH  CYH US         15,670.0    (1,000.0)   1,087.0
COMMUNITY HEALTH  CG5 QT         15,670.0    (1,000.0)   1,087.0
COMMUNITY HEALTH  CYH1EUR EU     15,670.0    (1,000.0)   1,087.0
COMMUNITY HEALTH  CG5 TH         15,670.0    (1,000.0)   1,087.0
COMMUNITY HEALTH  CG5 GZ         15,670.0    (1,000.0)   1,087.0
COMMUNITY HEALTH  CG5 GR         15,670.0    (1,000.0)   1,087.0
CORESITE REALTY   07H TH          2,167.0        (9.8)       -
CORESITE REALTY   COR US          2,167.0        (9.8)       -
CORESITE REALTY   07H GR          2,167.0        (9.8)       -
CORVUS GOLD INC   KOR US             12.8        (7.3)     (12.9)
CORVUS GOLD INC   KOR CN             12.8        (7.3)     (12.9)
COVEO SOLUTIONS   CVO CN            176.5      (981.8)      87.8
CPI CARD GROUP I  PMTSEUR EU        252.3      (122.5)      86.0
CPI CARD GROUP I  PMTS US           252.3      (122.5)      86.0
CPI CARD GROUP I  CPB1 GR           252.3      (122.5)      86.0
CRIXUS BH3 ACQ-A  BHAC US             0.3        (0.0)      (0.3)
CRIXUS BH3 ACQUI  BHACU US            0.3        (0.0)      (0.3)
CRUCIAL INNOVATI  CINV US             -          (0.0)      (0.0)
D2L INC           DTOL CN           123.1      (201.4)    (224.6)
DECARBONIZATIO-A  DCRD US           321.4       (57.0)       0.9
DECARBONIZATION   DCRDU US          321.4       (57.0)       0.9
DEEP MEDICI-CL A  DMAQ US             0.4        (0.1)       0.4
DELEK LOGISTICS   DKL US            930.5      (104.8)     (61.5)
DENNY'S CORP      DENNEUR EU        411.0       (89.6)     (43.5)
DENNY'S CORP      DE8 TH            411.0       (89.6)     (43.5)
DENNY'S CORP      DE8 GR            411.0       (89.6)     (43.5)
DENNY'S CORP      DE8 GZ            411.0       (89.6)     (43.5)
DENNY'S CORP      DENN US           411.0       (89.6)     (43.5)
DIALOGUE HEALTH   CARE CN           142.0       126.1      112.3
DIEBOLD NIXDORF   DBD SW          3,586.9      (863.5)     361.6
DIEBOLD NIXDORF   DBD GR          3,586.9      (863.5)     361.6
DIEBOLD NIXDORF   DBD US          3,586.9      (863.5)     361.6
DIEBOLD NIXDORF   DBDEUR EU       3,586.9      (863.5)     361.6
DIEBOLD NIXDORF   DBD TH          3,586.9      (863.5)     361.6
DIEBOLD NIXDORF   DBDEUR EZ       3,586.9      (863.5)     361.6
DIEBOLD NIXDORF   DBD QT          3,586.9      (863.5)     361.6
DIEBOLD NIXDORF   DBD GZ          3,586.9      (863.5)     361.6
DIGITAL MEDIA-A   DMS US            267.9       (46.2)      19.5
DINE BRANDS GLOB  IHP TH          1,922.5      (254.3)     148.7
DINE BRANDS GLOB  IHP GZ          1,922.5      (254.3)     148.7
DINE BRANDS GLOB  DIN US          1,922.5      (254.3)     148.7
DINE BRANDS GLOB  IHP GR          1,922.5      (254.3)     148.7
DMY TECHNOLOGY G  DMYS/U US           0.5        (0.1)      (0.5)
DMY TECHNOLOGY G  DMYS US             0.5        (0.1)      (0.5)
DOMINO'S P - BDR  D2PZ34 BZ       1,764.4    (4,127.5)     429.6
DOMINO'S PIZZA    EZV GR          1,764.4    (4,127.5)     429.6
DOMINO'S PIZZA    DPZ US          1,764.4    (4,127.5)     429.6
DOMINO'S PIZZA    DPZEUR EU       1,764.4    (4,127.5)     429.6
DOMINO'S PIZZA    EZV GZ          1,764.4    (4,127.5)     429.6
DOMINO'S PIZZA    DPZEUR EZ       1,764.4    (4,127.5)     429.6
DOMINO'S PIZZA    EZV QT          1,764.4    (4,127.5)     429.6
DOMINO'S PIZZA    DPZ AV          1,764.4    (4,127.5)     429.6
DOMINO'S PIZZA    DPZ* MM         1,764.4    (4,127.5)     429.6
DOMINO'S PIZZA    DPZ-RM RM       1,764.4    (4,127.5)     429.6
DOMINO'S PIZZA    EZV TH          1,764.4    (4,127.5)     429.6
DOMO INC- CL B    DOMO US           211.1      (112.6)     (46.2)
DOMO INC- CL B    1ON GR            211.1      (112.6)     (46.2)
DOMO INC- CL B    DOMOEUR EU        211.1      (112.6)     (46.2)
DOMO INC- CL B    1ON GZ            211.1      (112.6)     (46.2)
DOMO INC- CL B    1ON TH            211.1      (112.6)     (46.2)
DROPBOX INC-A     DBX US          3,339.1      (162.6)     881.2
DROPBOX INC-A     1Q5 GR          3,339.1      (162.6)     881.2
DROPBOX INC-A     1Q5 SW          3,339.1      (162.6)     881.2
DROPBOX INC-A     1Q5 TH          3,339.1      (162.6)     881.2
DROPBOX INC-A     DBXEUR EU       3,339.1      (162.6)     881.2
DROPBOX INC-A     1Q5 QT          3,339.1      (162.6)     881.2
DROPBOX INC-A     DBX AV          3,339.1      (162.6)     881.2
DROPBOX INC-A     DBXEUR EZ       3,339.1      (162.6)     881.2
DROPBOX INC-A     DBX* MM         3,339.1      (162.6)     881.2
DROPBOX INC-A     1Q5 GZ          3,339.1      (162.6)     881.2
DROPBOX INC-A     DBX-RM RM       3,339.1      (162.6)     881.2
EAST RESOURCES A  ERESU US          345.3       (40.5)     (40.5)
EAST RESOURCES-A  ERES US           345.3       (40.5)     (40.5)
EFFECTOR THERAPE  EFTR US            59.9        (7.7)      12.6
EFFECTOR THERAPE  LWK1 TH            59.9        (7.7)      12.6
EFFECTOR THERAPE  EFTREUR EU         59.9        (7.7)      12.6
EFFECTOR THERAPE  LWK1 GR            59.9        (7.7)      12.6
ESPERION THERAPE  0ET SW            225.3      (362.7)      92.2
ESPERION THERAPE  0ET TH            225.3      (362.7)      92.2
ESPERION THERAPE  ESPREUR EU        225.3      (362.7)      92.2
ESPERION THERAPE  0ET QT            225.3      (362.7)      92.2
ESPERION THERAPE  ESPREUR EZ        225.3      (362.7)      92.2
ESPERION THERAPE  0ET GR            225.3      (362.7)      92.2
ESPERION THERAPE  ESPR US           225.3      (362.7)      92.2
ESPERION THERAPE  0ET GZ            225.3      (362.7)      92.2
EXCELFIN ACQUI-A  XFIN US             0.4        (0.2)      (0.6)
EXCELFIN ACQUISI  XFINU US            0.4        (0.2)      (0.6)
EXPRESS INC       EXPR US         1,324.1        (8.2)    (112.7)
F45 TRAINING HOL  FXLV US           166.6       110.9       59.9
F45 TRAINING HOL  4OP GR            166.6       110.9       59.9
F45 TRAINING HOL  FXLVEUR EU        166.6       110.9       59.9
F45 TRAINING HOL  4OP TH            166.6       110.9       59.9
F45 TRAINING HOL  4OP GZ            166.6       110.9       59.9
F45 TRAINING HOL  4OP QT            166.6       110.9       59.9
FAIR ISAAC CORP   FRI GZ          1,567.8      (110.9)      (8.2)
FAIR ISAAC CORP   FRI QT          1,567.8      (110.9)      (8.2)
FAIR ISAAC CORP   FICO1* MM       1,567.8      (110.9)      (8.2)
FAIR ISAAC CORP   FICOEUR EU      1,567.8      (110.9)      (8.2)
FAIR ISAAC CORP   FICOEUR EZ      1,567.8      (110.9)      (8.2)
FAIR ISAAC CORP   FRI GR          1,567.8      (110.9)      (8.2)
FAIR ISAAC CORP   FICO US         1,567.8      (110.9)      (8.2)
FARADAY FUTURE I  FFIE US           229.9        (9.4)      (2.4)
FERRELLGAS PAR-B  FGPRB US        1,776.6      (196.4)     262.4
FERRELLGAS-LP     FGPR US         1,776.6      (196.4)     262.4
FLUENCE ENERGY I  FLNC US           717.7       (56.2)    (110.0)
FOREST ROAD AC-A  FRXB US           351.3       (26.2)       0.9
FOREST ROAD ACQ   FRXB/U US         351.3       (26.2)       0.9
GAMES & ESPORTS   GEEXU US            0.6        (0.0)      (0.5)
GCM GROSVENOR-A   GCMG US           512.9      (110.2)     174.7
GLOBAL CLEAN ENE  GCEH US           352.9       (53.4)     (50.1)
GLOBAL SPAC -SUB  GLSPT US          169.8       (11.0)      (5.4)
GLOBAL SPAC PART  GLSPU US          169.8       (11.0)      (5.4)
GLOBAL TECHNOL-A  GTAC US             1.3        (0.1)      (0.6)
GLOBAL TECHNOLOG  GTACU US            1.3        (0.1)      (0.6)
GODADDY INC -BDR  G2DD34 BZ       7,298.0      (101.1)    (715.5)
GODADDY INC-A     38D TH          7,298.0      (101.1)    (715.5)
GODADDY INC-A     38D GR          7,298.0      (101.1)    (715.5)
GODADDY INC-A     38D QT          7,298.0      (101.1)    (715.5)
GODADDY INC-A     GDDY* MM        7,298.0      (101.1)    (715.5)
GODADDY INC-A     GDDY US         7,298.0      (101.1)    (715.5)
GODADDY INC-A     38D GZ          7,298.0      (101.1)    (715.5)
GOGO INC          GOGO US           443.2      (560.2)      20.1
GOGO INC          G0G TH            443.2      (560.2)      20.1
GOGO INC          GOGOEUR EU        443.2      (560.2)      20.1
GOGO INC          G0G QT            443.2      (560.2)      20.1
GOGO INC          G0G GR            443.2      (560.2)      20.1
GOGO INC          G0G GZ            443.2      (560.2)      20.1
GOGREEN INVESTME  GOGN/U US           0.3        (0.1)      (0.3)
GOGREEN INVESTME  GOGN US             0.3        (0.1)      (0.3)
GOLDEN NUGGET ON  GNOG US           289.0       (45.4)     106.9
GOLDEN NUGGET ON  LCA2EUR EU        289.0       (45.4)     106.9
GOLDEN NUGGET ON  5ZU TH            289.0       (45.4)     106.9
GOOSEHEAD INSU-A  2OX GR            247.1       (75.7)      16.8
GOOSEHEAD INSU-A  GSHDEUR EU        247.1       (75.7)      16.8
GOOSEHEAD INSU-A  GSHD US           247.1       (75.7)      16.8
GOOSEHEAD INSU-A  2OX TH            247.1       (75.7)      16.8
GOOSEHEAD INSU-A  2OX QT            247.1       (75.7)      16.8
GORES HOLD VII-A  GSEV US           551.9       515.7      (15.0)
GORES HOLDINGS V  GSEVU US          551.9       515.7      (15.0)
GORES TECH-B      GTPB US           461.7       425.9      (18.1)
GORES TECHNOLOGY  GTPBU US          461.7       425.9      (18.1)
GRAFTECH INTERNA  EAF US          1,393.1      (110.7)     359.1
GRAFTECH INTERNA  G6G GR          1,393.1      (110.7)     359.1
GRAFTECH INTERNA  G6G TH          1,393.1      (110.7)     359.1
GRAFTECH INTERNA  EAFEUR EU       1,393.1      (110.7)     359.1
GRAFTECH INTERNA  G6G QT          1,393.1      (110.7)     359.1
GRAFTECH INTERNA  EAFEUR EZ       1,393.1      (110.7)     359.1
GRAFTECH INTERNA  G6G GZ          1,393.1      (110.7)     359.1
GRAFTECH INTERNA  EAF* MM         1,393.1      (110.7)     359.1
GRAPHITE BIO INC  GRPH US           416.2       400.1      390.0
GREEN VISOR FI-A  GVCI US             0.7        (0.1)      (0.8)
GREEN VISOR FINA  GVCIU US            0.7        (0.1)      (0.8)
GREENSKY INC-A    GSKY US         1,405.0       (74.5)     668.4
GULFPORT ENERGY   GPOR US         2,088.2        49.0     (836.2)
GULFPORT ENERGY   G2U0 GR         2,088.2        49.0     (836.2)
HAGERTY INC-A     HGTY US           117.4       102.3        1.1
HERBALIFE NUTRIT  HOO GR          2,853.0    (1,333.4)     488.4
HERBALIFE NUTRIT  HOO GZ          2,853.0    (1,333.4)     488.4
HERBALIFE NUTRIT  HOO TH          2,853.0    (1,333.4)     488.4
HERBALIFE NUTRIT  HLFEUR EZ       2,853.0    (1,333.4)     488.4
HERBALIFE NUTRIT  HLFEUR EU       2,853.0    (1,333.4)     488.4
HERBALIFE NUTRIT  HOO QT          2,853.0    (1,333.4)     488.4
HERBALIFE NUTRIT  HLF US          2,853.0    (1,333.4)     488.4
HEWLETT-CEDEAR    HPQ AR         38,610.0    (1,650.0)  (6,926.0)
HEWLETT-CEDEAR    HPQD AR        38,610.0    (1,650.0)  (6,926.0)
HEWLETT-CEDEAR    HPQC AR        38,610.0    (1,650.0)  (6,926.0)
HILTON WORLD-BDR  H1LT34 BZ      15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HLT* MM        15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HLTEUR EU      15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HLTEUR EZ      15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HLTW AV        15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HI91 QT        15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HI91 TE        15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HLT US         15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HI91 TH        15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HI91 GR        15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HI91 GZ        15,314.0    (1,128.0)      72.0
HILTON WORLDWIDE  HLT-RM RM      15,314.0    (1,128.0)      72.0
HORIZON GLOBAL    HZN US            468.3       (25.9)     115.3
HORIZON GLOBAL    2H6 GR            468.3       (25.9)     115.3
HORIZON GLOBAL    HZN1EUR EU        468.3       (25.9)     115.3
HORIZON GLOBAL    2H6 GZ            468.3       (25.9)     115.3
HP COMPANY-BDR    HPQB34 BZ      38,610.0    (1,650.0)  (6,926.0)
HP INC            HPQ* MM        38,610.0    (1,650.0)  (6,926.0)
HP INC            HPQUSD SW      38,610.0    (1,650.0)  (6,926.0)
HP INC            HPQEUR EU      38,610.0    (1,650.0)  (6,926.0)
HP INC            7HP GZ         38,610.0    (1,650.0)  (6,926.0)
HP INC            HPQEUR EZ      38,610.0    (1,650.0)  (6,926.0)
HP INC            HPQ SW         38,610.0    (1,650.0)  (6,926.0)
HP INC            7HP QT         38,610.0    (1,650.0)  (6,926.0)
HP INC            HPQ AV         38,610.0    (1,650.0)  (6,926.0)
HP INC            HPQ CI         38,610.0    (1,650.0)  (6,926.0)
HP INC            HPQ-RM RM      38,610.0    (1,650.0)  (6,926.0)
HP INC            HPQ TE         38,610.0    (1,650.0)  (6,926.0)
HP INC            HPQ US         38,610.0    (1,650.0)  (6,926.0)
HP INC            7HP TH         38,610.0    (1,650.0)  (6,926.0)
HP INC            7HP GR         38,610.0    (1,650.0)  (6,926.0)
HPX CORP          HPX US            253.9       (21.3)       0.4
HPX CORP          HPX/U US          253.9       (21.3)       0.4
IMMUNITYBIO INC   NK1EUR EU         214.4      (189.9)      29.0
IMMUNITYBIO INC   26CA GZ           214.4      (189.9)      29.0
IMMUNITYBIO INC   NK1EUR EZ         214.4      (189.9)      29.0
IMMUNITYBIO INC   IBRX US           214.4      (189.9)      29.0
IMMUNITYBIO INC   26CA GR           214.4      (189.9)      29.0
IMMUNITYBIO INC   26CA TH           214.4      (189.9)      29.0
IMMUNITYBIO INC   26CA QT           214.4      (189.9)      29.0
INFINITE AC-CL A  NFNT US             0.4        (0.1)      (0.5)
INFINITE ACQUISI  NFNT/U US           0.4        (0.1)      (0.5)
INSEEGO CORP      INO TH            220.5       (15.3)      61.2
INSEEGO CORP      INO QT            220.5       (15.3)      61.2
INSEEGO CORP      INSG US           220.5       (15.3)      61.2
INSEEGO CORP      INSGEUR EU        220.5       (15.3)      61.2
INSEEGO CORP      INO GR            220.5       (15.3)      61.2
INSEEGO CORP      INSGEUR EZ        220.5       (15.3)      61.2
INSEEGO CORP      INO GZ            220.5       (15.3)      61.2
INSEEGO CORP      INSG-RM RM        220.5       (15.3)      61.2
INSPIRED ENTERTA  4U8 GR            303.8      (120.9)      14.7
INSPIRED ENTERTA  INSEEUR EU        303.8      (120.9)      14.7
INSPIRED ENTERTA  INSE US           303.8      (120.9)      14.7
INSTADOSE PHARMA  INSD US             -          (0.1)      (0.1)
INTERCEPT PHARMA  ICPT US           523.1      (156.0)     352.5
INTERCEPT PHARMA  I4P GR            523.1      (156.0)     352.5
INTERCEPT PHARMA  ICPT* MM          523.1      (156.0)     352.5
INTERCEPT PHARMA  I4P TH            523.1      (156.0)     352.5
INTERCEPT PHARMA  I4P GZ            523.1      (156.0)     352.5
J. JILL INC       JILL US           466.2       (48.9)     (20.2)
JACK IN THE BOX   JBX GR          1,750.1      (817.9)    (160.1)
JACK IN THE BOX   JBX GZ          1,750.1      (817.9)    (160.1)
JACK IN THE BOX   JBX QT          1,750.1      (817.9)    (160.1)
JACK IN THE BOX   JACK1EUR EZ     1,750.1      (817.9)    (160.1)
JACK IN THE BOX   JACK1EUR EU     1,750.1      (817.9)    (160.1)
JACK IN THE BOX   JACK US         1,750.1      (817.9)    (160.1)
JUNIPER II COR-A  JUN US             12.5        (0.0)      (0.4)
JUNIPER II CORP   JUN/U US           12.5        (0.0)      (0.4)
KARYOPHARM THERA  25K TH            254.1      (126.0)     172.7
KARYOPHARM THERA  25K QT            254.1      (126.0)     172.7
KARYOPHARM THERA  25K GZ            254.1      (126.0)     172.7
KARYOPHARM THERA  KPTI US           254.1      (126.0)     172.7
KARYOPHARM THERA  25K GR            254.1      (126.0)     172.7
KARYOPHARM THERA  KPTIEUR EU        254.1      (126.0)     172.7
KL ACQUISI-CLS A  KLAQ US           288.6       267.7        0.7
KL ACQUISITION C  KLAQU US          288.6       267.7        0.7
KNOWBE4 INC-A     KNBE US           463.9       172.1      137.2
L BRANDS INC-BDR  B1BW34 BZ       6,031.0    (1,675.0)   1,550.0
LDH GROWTH C-A    LDHA US           232.6       216.7        2.1
LDH GROWTH CORP   LDHAU US          232.6       216.7        2.1
LENNOX INTL INC   LII* MM         2,123.5      (334.8)      84.5
LENNOX INTL INC   LXI TH          2,123.5      (334.8)      84.5
LENNOX INTL INC   LII1EUR EU      2,123.5      (334.8)      84.5
LENNOX INTL INC   LXI GR          2,123.5      (334.8)      84.5
LENNOX INTL INC   LII US          2,123.5      (334.8)      84.5
LESLIE'S INC      LESL US         1,043.8      (217.6)     292.0
LESLIE'S INC      LE3 GR          1,043.8      (217.6)     292.0
LESLIE'S INC      LESLEUR EU      1,043.8      (217.6)     292.0
LESLIE'S INC      LE3 TH          1,043.8      (217.6)     292.0
LESLIE'S INC      LE3 QT          1,043.8      (217.6)     292.0
LI-METAL CORP     LIM CN              0.0        (1.9)      (1.9)
LI-METAL CORP     5ZO GR              0.0        (1.9)      (1.9)
LI-METAL CORP     LIMEUR EU           0.0        (1.9)      (1.9)
LI-METAL CORP     5ZO TH              0.0        (1.9)      (1.9)
LI-METAL CORP     5ZO QT              0.0        (1.9)      (1.9)
LIFESPEAK INC     LSPK CN            83.9        54.0       67.5
LIFESPEAK INC     81F GR             83.9        54.0       67.5
LIFESPEAK INC     LSPKEUR EU         83.9        54.0       67.5
LION ELECTRIC CO  LEV US            141.0      (113.0)     (66.2)
LION ELECTRIC CO  LEV CN            141.0      (113.0)     (66.2)
LION ELECTRIC CO  LEVEUR EU         141.0      (113.0)     (66.2)
LION ELECTRIC CO  70U TH            141.0      (113.0)     (66.2)
LION ELECTRIC CO  70U GR            141.0      (113.0)     (66.2)
LION ELECTRIC CO  70U QT            141.0      (113.0)     (66.2)
LOWE'S COS INC    LWE GZ         49,400.0    (1,576.0)   4,015.0
LOWE'S COS INC    LOW* MM        49,400.0    (1,576.0)   4,015.0
LOWE'S COS INC    LWE QT         49,400.0    (1,576.0)   4,015.0
LOWE'S COS INC    LOWEUR EU      49,400.0    (1,576.0)   4,015.0
LOWE'S COS INC    LOWE AV        49,400.0    (1,576.0)   4,015.0
LOWE'S COS INC    LOWEUR EZ      49,400.0    (1,576.0)   4,015.0
LOWE'S COS INC    LWE TE         49,400.0    (1,576.0)   4,015.0
LOWE'S COS INC    LOW-RM RM      49,400.0    (1,576.0)   4,015.0
LOWE'S COS INC    LOW US         49,400.0    (1,576.0)   4,015.0
LOWE'S COS INC    LWE TH         49,400.0    (1,576.0)   4,015.0
LOWE'S COS INC    LWE GR         49,400.0    (1,576.0)   4,015.0
LOWE'S COS-BDR    LOWC34 BZ      49,400.0    (1,576.0)   4,015.0
MADISON SQUARE G  MS8 GR          1,327.9      (232.2)    (263.8)
MADISON SQUARE G  MSG1EUR EU      1,327.9      (232.2)    (263.8)
MADISON SQUARE G  MSGS US         1,327.9      (232.2)    (263.8)
MADISON SQUARE G  MS8 TH          1,327.9      (232.2)    (263.8)
MADISON SQUARE G  MS8 QT          1,327.9      (232.2)    (263.8)
MADISON SQUARE G  MS8 GZ          1,327.9      (232.2)    (263.8)
MAGNET FORENSICS  MAGT CN           148.9        86.7       82.3
MAGNET FORENSICS  91T GR            148.9        86.7       82.3
MAGNET FORENSICS  MAGTEUR EU        148.9        86.7       82.3
MAGNET FORENSICS  MAGTF US          148.9        86.7       82.3
MANNKIND CORP     NNFN QT           238.2      (184.7)     109.2
MANNKIND CORP     MNKDEUR EU        238.2      (184.7)     109.2
MANNKIND CORP     MNKDEUR EZ        238.2      (184.7)     109.2
MANNKIND CORP     NNFN GZ           238.2      (184.7)     109.2
MANNKIND CORP     NNFN TH           238.2      (184.7)     109.2
MANNKIND CORP     MNKD US           238.2      (184.7)     109.2
MANNKIND CORP     NNFN GR           238.2      (184.7)     109.2
MARKETWISE INC    MKTW US           403.4      (441.9)    (198.5)
MASON INDUS-CL A  MIT US            502.3       (33.8)       1.7
MASON INDUSTRIAL  MIT/U US          502.3       (33.8)       1.7
MATCH GROUP -BDR  M1TC34 BZ       4,893.6       (59.5)     304.1
MATCH GROUP INC   MTCH US         4,893.6       (59.5)     304.1
MATCH GROUP INC   4MGN TH         4,893.6       (59.5)     304.1
MATCH GROUP INC   MTCH1* MM       4,893.6       (59.5)     304.1
MATCH GROUP INC   4MGN GR         4,893.6       (59.5)     304.1
MATCH GROUP INC   4MGN QT         4,893.6       (59.5)     304.1
MATCH GROUP INC   MTC2 AV         4,893.6       (59.5)     304.1
MATCH GROUP INC   4MGN GZ         4,893.6       (59.5)     304.1
MATCH GROUP INC   MTCH-RM RM      4,893.6       (59.5)     304.1
MBIA INC          MBI1EUR EU      4,816.0      (157.0)       -
MBIA INC          MBJ QT          4,816.0      (157.0)       -
MBIA INC          MBJ GZ          4,816.0      (157.0)       -
MBIA INC          MBJ TH          4,816.0      (157.0)       -
MBIA INC          MBI US          4,816.0      (157.0)       -
MBIA INC          MBJ GR          4,816.0      (157.0)       -
MCAFEE CORP - A   MCFE US         3,484.0    (1,765.0)    (398.0)
MCAFEE CORP - A   MC7 GR          3,484.0    (1,765.0)    (398.0)
MCAFEE CORP - A   MCFEEUR EU      3,484.0    (1,765.0)    (398.0)
MCAFEE CORP - A   MC7 TH          3,484.0    (1,765.0)    (398.0)
MCDONALD'S CORP   TCXMCD AU      52,727.0    (5,675.0)   1,700.3
MCDONALDS - BDR   MCDC34 BZ      52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MDO TH         52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCD AV         52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCDUSD SW      52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCDEUR EU      52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MDO GZ         52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCDEUR EZ      52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    0R16 LN        52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MDO QT         52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCD CI         52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCD-RM RM      52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCDCL CI       52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCD US         52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCD SW         52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MDO GR         52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCD* MM        52,727.0    (5,675.0)   1,700.3
MCDONALDS CORP    MCD TE         52,727.0    (5,675.0)   1,700.3
MCDONALDS-CEDEAR  MCDD AR        52,727.0    (5,675.0)   1,700.3
MCDONALDS-CEDEAR  MCD AR         52,727.0    (5,675.0)   1,700.3
MCDONALDS-CEDEAR  MCDC AR        52,727.0    (5,675.0)   1,700.3
MCKESSON CORP     MCK GZ         63,601.0       (87.0)    (495.0)
MCKESSON CORP     MCK1EUR EZ     63,601.0       (87.0)    (495.0)
MCKESSON CORP     MCK1EUR EU     63,601.0       (87.0)    (495.0)
MCKESSON CORP     MCK QT         63,601.0       (87.0)    (495.0)
MCKESSON CORP     MCK-RM RM      63,601.0       (87.0)    (495.0)
MCKESSON CORP     MCK GR         63,601.0       (87.0)    (495.0)
MCKESSON CORP     MCK US         63,601.0       (87.0)    (495.0)
MCKESSON CORP     MCK TH         63,601.0       (87.0)    (495.0)
MCKESSON CORP     MCK* MM        63,601.0       (87.0)    (495.0)
MCKESSON-BDR      M1CK34 BZ      63,601.0       (87.0)    (495.0)
MEDIAALPHA INC-A  MAX US            245.5       (72.9)      46.6
MELI KASZEK PI-A  MEKA US            10.7       (55.9)      (6.6)
MEWCOURT ACQUISI  NCACU US            0.2        (0.1)      (0.3)
MINERVA SURGICAL  UTRS US            85.2      (122.1)     (10.9)
MINORITY EQUAL-A  MEOA US           129.5       (18.8)       0.8
MINORITY EQUALIT  MEOAU US          129.5       (18.8)       0.8
MONEYGRAM INTERN  9M1N TH         4,483.9      (185.9)      18.3
MONEYGRAM INTERN  MGIEUR EU       4,483.9      (185.9)      18.3
MONEYGRAM INTERN  MGIEUR EZ       4,483.9      (185.9)      18.3
MONEYGRAM INTERN  9M1N QT         4,483.9      (185.9)      18.3
MONEYGRAM INTERN  MGI US          4,483.9      (185.9)      18.3
MONEYGRAM INTERN  9M1N GR         4,483.9      (185.9)      18.3
MOTOROLA SOL-BDR  M1SI34 BZ      11,422.0      (248.0)   1,306.0
MOTOROLA SOL-CED  MSI AR         11,422.0      (248.0)   1,306.0
MOTOROLA SOLUTIO  MSI1EUR EU     11,422.0      (248.0)   1,306.0
MOTOROLA SOLUTIO  MTLA GZ        11,422.0      (248.0)   1,306.0
MOTOROLA SOLUTIO  MSI1EUR EZ     11,422.0      (248.0)   1,306.0
MOTOROLA SOLUTIO  MOSI AV        11,422.0      (248.0)   1,306.0
MOTOROLA SOLUTIO  MTLA QT        11,422.0      (248.0)   1,306.0
MOTOROLA SOLUTIO  MSI-RM RM      11,422.0      (248.0)   1,306.0
MOTOROLA SOLUTIO  MOT TE         11,422.0      (248.0)   1,306.0
MOTOROLA SOLUTIO  MSI US         11,422.0      (248.0)   1,306.0
MOTOROLA SOLUTIO  MTLA TH        11,422.0      (248.0)   1,306.0
MOTOROLA SOLUTIO  MTLA GR        11,422.0      (248.0)   1,306.0
MSCI INC          3HM GR          5,142.7      (280.0)     830.4
MSCI INC          3HM SW          5,142.7      (280.0)     830.4
MSCI INC          3HM QT          5,142.7      (280.0)     830.4
MSCI INC          3HM GZ          5,142.7      (280.0)     830.4
MSCI INC          MSCIEUR EZ      5,142.7      (280.0)     830.4
MSCI INC          MSCI* MM        5,142.7      (280.0)     830.4
MSCI INC          3HM TH          5,142.7      (280.0)     830.4
MSCI INC          MSCI PE         5,142.7      (280.0)     830.4
MSCI INC          MSCI AV         5,142.7      (280.0)     830.4
MSCI INC          MSCI-RM RM      5,142.7      (280.0)     830.4
MSCI INC          MSCI US         5,142.7      (280.0)     830.4
MSCI INC-BDR      M1SC34 BZ       5,142.7      (280.0)     830.4
MUDRICK CAP ACQ   MUDSU US          321.3       (33.8)      (4.7)
MUDRICK CAPITA-A  MUDS US           321.3       (33.8)      (4.7)
NATHANS FAMOUS    NATHEUR EU        116.5       (56.0)      87.3
NATHANS FAMOUS    NFA GR            116.5       (56.0)      87.3
NATHANS FAMOUS    NATH US           116.5       (56.0)      87.3
NEIGHBOURLY PHAR  NBLY CN           514.2       318.1       84.8
NEW ENG RLTY-LP   NEN US            288.9       (44.8)       -
NEWCOURT ACQ-A    NCAC US             0.2        (0.1)      (0.3)
NOBLE CORP        NE US           2,094.8     1,366.7      179.4
NOBLE CORP        85V0 GR         2,094.8     1,366.7      179.4
NOBLE CORP        85V0 QT         2,094.8     1,366.7      179.4
NOBLE CORP        NE1EUR EU       2,094.8     1,366.7      179.4
NOBLE ROCK ACQ-A  NRAC US           243.1       224.7        1.3
NOBLE ROCK ACQUI  NRACU US          243.1       224.7        1.3
NORTHERN OIL AND  4LT1 GR         1,244.1      (157.7)    (187.6)
NORTHERN OIL AND  NOG1EUR EU      1,244.1      (157.7)    (187.6)
NORTHERN OIL AND  4LT1 TH         1,244.1      (157.7)    (187.6)
NORTHERN OIL AND  4LT1 GZ         1,244.1      (157.7)    (187.6)
NORTHERN OIL AND  NOG US          1,244.1      (157.7)    (187.6)
NORTONLIFEL- BDR  S1YM34 BZ       6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  SYMC AV         6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  NLOK US         6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  NLOK* MM        6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  SYMCEUR EU      6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  SYM GZ          6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  SYMCEUR EZ      6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  SYM QT          6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  NLOK-RM RM      6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  SYM TH          6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  SYM GR          6,733.0      (232.0)    (864.0)
NORTONLIFELOCK I  SYMC TE         6,733.0      (232.0)    (864.0)
NUTANIX INC - A   0NU GZ          2,254.6      (698.7)     647.6
NUTANIX INC - A   0NU GR          2,254.6      (698.7)     647.6
NUTANIX INC - A   NTNXEUR EU      2,254.6      (698.7)     647.6
NUTANIX INC - A   0NU TH          2,254.6      (698.7)     647.6
NUTANIX INC - A   0NU QT          2,254.6      (698.7)     647.6
NUTANIX INC - A   NTNX US         2,254.6      (698.7)     647.6
NUTANIX INC - A   NTNXEUR EZ      2,254.6      (698.7)     647.6
NUTANIX INC - A   NTNX-RM RM      2,254.6      (698.7)     647.6
NUVVE HOLDING CO  NVVE US            98.8        91.7       43.9
O'REILLY AUT-BDR  ORLY34 BZ      11,789.4      (140.9)  (1,427.5)
O'REILLY AUTOMOT  ORLY AV        11,789.4      (140.9)  (1,427.5)
O'REILLY AUTOMOT  ORLYEUR EU     11,789.4      (140.9)  (1,427.5)
O'REILLY AUTOMOT  OM6 GZ         11,789.4      (140.9)  (1,427.5)
O'REILLY AUTOMOT  OM6 GR         11,789.4      (140.9)  (1,427.5)
O'REILLY AUTOMOT  ORLY US        11,789.4      (140.9)  (1,427.5)
O'REILLY AUTOMOT  ORLY* MM       11,789.4      (140.9)  (1,427.5)
O'REILLY AUTOMOT  ORLYEUR EZ     11,789.4      (140.9)  (1,427.5)
O'REILLY AUTOMOT  OM6 QT         11,789.4      (140.9)  (1,427.5)
O'REILLY AUTOMOT  ORLY-RM RM     11,789.4      (140.9)  (1,427.5)
O'REILLY AUTOMOT  OM6 TH         11,789.4      (140.9)  (1,427.5)
OMEROS CORP       3O8 QT            123.4      (262.7)      48.5
OMEROS CORP       3O8 TH            123.4      (262.7)      48.5
OMEROS CORP       OMEREUR EU        123.4      (262.7)      48.5
OMEROS CORP       3O8 GZ            123.4      (262.7)      48.5
OMEROS CORP       OMER US           123.4      (262.7)      48.5
OMEROS CORP       3O8 GR            123.4      (262.7)      48.5
OPTIVA INC        OPT CN             95.5       (34.3)      27.5
OPY ACQUISIT-A    OHAA US             0.2        (0.0)      (0.2)
OPY ACQUISITION   OHAAU US            0.2        (0.0)      (0.2)
ORACLE BDR        ORCL34 BZ     106,897.0    (9,658.0)  12,197.0
ORACLE CO-CEDEAR  ORCLC AR      106,897.0    (9,658.0)  12,197.0
ORACLE CO-CEDEAR  ORCL AR       106,897.0    (9,658.0)  12,197.0
ORACLE CO-CEDEAR  ORCLD AR      106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCL* MM      106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCL US       106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORC GR        106,897.0    (9,658.0)  12,197.0
ORACLE CORP       0R1Z LN       106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCL AV       106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCLUSD SW    106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORC GZ        106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCLEUR EZ    106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCL SW       106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCLEUR EU    106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORC QT        106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCL CI       106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCLCL CI     106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCL-RM RM    106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORC TH        106,897.0    (9,658.0)  12,197.0
ORACLE CORP       ORCL TE       106,897.0    (9,658.0)  12,197.0
ORGANON & CO      OGN US         11,335.0    (1,618.0)   1,200.0
ORGANON & CO      7XP TH         11,335.0    (1,618.0)   1,200.0
ORGANON & CO      OGN-WEUR EU    11,335.0    (1,618.0)   1,200.0
ORGANON & CO      OGN* MM        11,335.0    (1,618.0)   1,200.0
ORGANON & CO      7XP GR         11,335.0    (1,618.0)   1,200.0
ORGANON & CO      7XP GZ         11,335.0    (1,618.0)   1,200.0
ORGANON & CO      7XP QT         11,335.0    (1,618.0)   1,200.0
ORGANON & CO      OGN-RM RM      11,335.0    (1,618.0)   1,200.0
OTIS WORLDWI      OTIS US        10,472.0    (3,233.0)      12.0
OTIS WORLDWI      4PG GR         10,472.0    (3,233.0)      12.0
OTIS WORLDWI      OTISEUR EZ     10,472.0    (3,233.0)      12.0
OTIS WORLDWI      OTISEUR EU     10,472.0    (3,233.0)      12.0
OTIS WORLDWI      4PG GZ         10,472.0    (3,233.0)      12.0
OTIS WORLDWI      OTIS* MM       10,472.0    (3,233.0)      12.0
OTIS WORLDWI      4PG TH         10,472.0    (3,233.0)      12.0
OTIS WORLDWI      4PG QT         10,472.0    (3,233.0)      12.0
OTIS WORLDWI      OTIS AV        10,472.0    (3,233.0)      12.0
OTIS WORLDWI      OTIS-RM RM     10,472.0    (3,233.0)      12.0
OTIS WORLDWI-BDR  O1TI34 BZ      10,472.0    (3,233.0)      12.0
PANAMERA HOLDING  PHCI US             0.0        (0.1)      (0.1)
PAPA JOHN'S INTL  PZZAEUR EU        890.0      (129.5)     (46.4)
PAPA JOHN'S INTL  PP1 GZ            890.0      (129.5)     (46.4)
PAPA JOHN'S INTL  PP1 TH            890.0      (129.5)     (46.4)
PAPA JOHN'S INTL  PZZAEUR EZ        890.0      (129.5)     (46.4)
PAPA JOHN'S INTL  PP1 QT            890.0      (129.5)     (46.4)
PAPA JOHN'S INTL  PP1 GR            890.0      (129.5)     (46.4)
PAPA JOHN'S INTL  PZZA US           890.0      (129.5)     (46.4)
PARATEK PHARMACE  N4CN GZ           182.3      (105.0)     123.9
PARATEK PHARMACE  PRTK US           182.3      (105.0)     123.9
PARATEK PHARMACE  N4CN GR           182.3      (105.0)     123.9
PARATEK PHARMACE  N4CN TH           182.3      (105.0)     123.9
PEPPERLIME HEA-A  PEPL US             4.8        (0.0)      (0.6)
PEPPERLIME HEALT  PEPLU US            4.8        (0.0)      (0.6)
PET VALU HOLDING  PET CN            542.1      (152.2)      19.5
PHILIP MORRI-BDR  PHMO34 BZ      41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  0M8V LN        41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PMOR AV        41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  4I1 GZ         41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PM1CHF EZ      41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PM1EUR EZ      41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  4I1 QT         41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PM* MM         41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PMIZ IX        41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PMIZ EB        41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PMIZ TQ        41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PM-RM RM       41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  4I1 GR         41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PM US          41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PM1CHF EU      41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PM1 TE         41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  4I1 TH         41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PMI SW         41,589.0    (8,632.0)     (31.0)
PHILIP MORRIS IN  PM1EUR EU      41,589.0    (8,632.0)     (31.0)
PLANET FITNESS I  P2LN34 BZ       1,949.7      (658.4)     468.9
PLANET FITNESS-A  3PL QT          1,949.7      (658.4)     468.9
PLANET FITNESS-A  PLNT1EUR EU     1,949.7      (658.4)     468.9
PLANET FITNESS-A  PLNT US         1,949.7      (658.4)     468.9
PLANET FITNESS-A  3PL TH          1,949.7      (658.4)     468.9
PLANET FITNESS-A  3PL GR          1,949.7      (658.4)     468.9
PLANET FITNESS-A  PLNT1EUR EZ     1,949.7      (658.4)     468.9
PLANET FITNESS-A  3PL GZ          1,949.7      (658.4)     468.9
POTBELLY CORP     PBPB US           256.8        (0.3)     (44.6)
PROJECT ENERGY R  PEGRU US            0.7        (0.0)      (0.7)
PROJECT ENERGY R  PEGR US             0.7        (0.0)      (0.7)
QUANTUM CORP      QTM1EUR EU        198.5      (116.0)      (2.3)
QUANTUM CORP      QNT2 TH           198.5      (116.0)      (2.3)
QUANTUM CORP      QNT2 GZ           198.5      (116.0)      (2.3)
QUANTUM CORP      QMCO US           198.5      (116.0)      (2.3)
QUANTUM CORP      QNT2 GR           198.5      (116.0)      (2.3)
RADIUS HEALTH IN  1R8 TH            186.2      (242.5)      87.4
RADIUS HEALTH IN  RDUSEUR EU        186.2      (242.5)      87.4
RADIUS HEALTH IN  1R8 QT            186.2      (242.5)      87.4
RADIUS HEALTH IN  RDUSEUR EZ        186.2      (242.5)      87.4
RADIUS HEALTH IN  1R8 GR            186.2      (242.5)      87.4
RADIUS HEALTH IN  RDUS US           186.2      (242.5)      87.4
RAINFOREST RESOU  RRIF US             0.0        (1.8)      (1.8)
RAPID7 INC        R7D SW          1,260.9      (105.0)      17.4
RAPID7 INC        RPDEUR EU       1,260.9      (105.0)      17.4
RAPID7 INC        RPD US          1,260.9      (105.0)      17.4
RAPID7 INC        R7D GR          1,260.9      (105.0)      17.4
RAPID7 INC        R7D TH          1,260.9      (105.0)      17.4
RAPID7 INC        RPD* MM         1,260.9      (105.0)      17.4
RAPID7 INC        R7D GZ          1,260.9      (105.0)      17.4
RAPID7 INC        R7D QT          1,260.9      (105.0)      17.4
RCF ACQUISIT-A    RCFA US             0.4        (0.0)      (0.4)
RCF ACQUISITION   RCFA/U US           0.4        (0.0)      (0.4)
REAL GOOD FOOD C  RGF US             43.8       (52.3)     (40.0)
RENT THE RUNWA-A  RENT US           478.4       104.9      220.3
REVLON INC-A      RVL1 TH         2,448.2    (2,066.3)     248.3
REVLON INC-A      REVEUR EU       2,448.2    (2,066.3)     248.3
REVLON INC-A      REV* MM         2,448.2    (2,066.3)     248.3
REVLON INC-A      RVL1 GR         2,448.2    (2,066.3)     248.3
REVLON INC-A      REV US          2,448.2    (2,066.3)     248.3
RIMINI STREET IN  RMNI US           256.7      (160.2)     (64.2)
RIMINI STREET IN  0QH GR            256.7      (160.2)     (64.2)
RIMINI STREET IN  RMNIEUR EU        256.7      (160.2)     (64.2)
RIMINI STREET IN  0QH QT            256.7      (160.2)     (64.2)
ROSE HILL ACQU-A  ROSE US             0.4        (0.0)      (0.4)
ROSE HILL ACQUIS  ROSEU US            0.4        (0.0)      (0.4)
RR DONNELLEY & S  RRDEUR EU       3,093.4      (223.6)     502.9
RR DONNELLEY & S  RRD US          3,093.4      (223.6)     502.9
RR DONNELLEY & S  DLLN GR         3,093.4      (223.6)     502.9
RR DONNELLEY & S  DLLN GZ         3,093.4      (223.6)     502.9
RR DONNELLEY & S  DLLN TH         3,093.4      (223.6)     502.9
RYMAN HOSPITALIT  RHPEUR EU       3,537.8       (27.1)      (6.8)
RYMAN HOSPITALIT  4RH TH          3,537.8       (27.1)      (6.8)
RYMAN HOSPITALIT  4RH QT          3,537.8       (27.1)      (6.8)
RYMAN HOSPITALIT  4RH GR          3,537.8       (27.1)      (6.8)
RYMAN HOSPITALIT  RHP US          3,537.8       (27.1)      (6.8)
SABRE CORP        19S SW          5,442.9      (355.1)     830.9
SABRE CORP        SABREUR EU      5,442.9      (355.1)     830.9
SABRE CORP        19S QT          5,442.9      (355.1)     830.9
SABRE CORP        SABREUR EZ      5,442.9      (355.1)     830.9
SABRE CORP        SABR US         5,442.9      (355.1)     830.9
SABRE CORP        19S GR          5,442.9      (355.1)     830.9
SABRE CORP        19S TH          5,442.9      (355.1)     830.9
SABRE CORP        19S GZ          5,442.9      (355.1)     830.9
SBA COMM CORP     4SB GR          9,668.1    (4,943.1)    (188.2)
SBA COMM CORP     SBAC US         9,668.1    (4,943.1)    (188.2)
SBA COMM CORP     4SB GZ          9,668.1    (4,943.1)    (188.2)
SBA COMM CORP     4SB QT          9,668.1    (4,943.1)    (188.2)
SBA COMM CORP     SBACEUR EU      9,668.1    (4,943.1)    (188.2)
SBA COMM CORP     SBACEUR EZ      9,668.1    (4,943.1)    (188.2)
SBA COMM CORP     SBAC* MM        9,668.1    (4,943.1)    (188.2)
SBA COMM CORP     4SB TH          9,668.1    (4,943.1)    (188.2)
SBA COMMUN - BDR  S1BA34 BZ       9,668.1    (4,943.1)    (188.2)
SCIENTIFIC GAMES  TJW TH          7,850.0    (2,191.0)   1,077.0
SCIENTIFIC GAMES  TJW GZ          7,850.0    (2,191.0)   1,077.0
SCIENTIFIC GAMES  SGMS US         7,850.0    (2,191.0)   1,077.0
SCIENTIFIC GAMES  TJW GR          7,850.0    (2,191.0)   1,077.0
SCIENTIFIC GAMES  TJW QT          7,850.0    (2,191.0)   1,077.0
SCIENTIFIC GAMES  SGMS1EUR EZ     7,850.0    (2,191.0)   1,077.0
SCIENTIFIC GAMES  SGMS1EUR EU     7,850.0    (2,191.0)   1,077.0
SCULPTOR ACQUISI  SCUA/U US           0.4        (0.0)      (0.4)
SHARECARE INC     SHCR US           783.7       608.5      336.5
SHARECARE INC     8DJ0 GR           783.7       608.5      336.5
SHARECARE INC     SHCREUR EU        783.7       608.5      336.5
SHELL MIDSTREAM   SHLX US         2,329.0      (469.0)     352.0
SHOALS TECHNOL-A  SHLS US           382.8       (11.1)      73.1
SIDUS SPACE INC   SIDU US             3.8        (1.6)       0.6
SINCLAIR BROAD-A  SBGIEUR EU     12,845.0    (1,366.0)   1,652.0
SINCLAIR BROAD-A  SBTA GZ        12,845.0    (1,366.0)   1,652.0
SINCLAIR BROAD-A  SBTA TH        12,845.0    (1,366.0)   1,652.0
SINCLAIR BROAD-A  SBTA QT        12,845.0    (1,366.0)   1,652.0
SINCLAIR BROAD-A  SBGI US        12,845.0    (1,366.0)   1,652.0
SINCLAIR BROAD-A  SBTA GR        12,845.0    (1,366.0)   1,652.0
SIRIUS XM HO-BDR  SRXM34 BZ      10,094.0    (2,555.0)  (1,796.0)
SIRIUS XM HOLDIN  SIRI AV        10,094.0    (2,555.0)  (1,796.0)
SIRIUS XM HOLDIN  SIRIEUR EU     10,094.0    (2,555.0)  (1,796.0)
SIRIUS XM HOLDIN  RDO GZ         10,094.0    (2,555.0)  (1,796.0)
SIRIUS XM HOLDIN  SIRIEUR EZ     10,094.0    (2,555.0)  (1,796.0)
SIRIUS XM HOLDIN  RDO QT         10,094.0    (2,555.0)  (1,796.0)
SIRIUS XM HOLDIN  RDO GR         10,094.0    (2,555.0)  (1,796.0)
SIRIUS XM HOLDIN  RDO TH         10,094.0    (2,555.0)  (1,796.0)
SIRIUS XM HOLDIN  SIRI US        10,094.0    (2,555.0)  (1,796.0)
SIRNAOMICS LTD    2257 HK           110.2       (94.2)      11.0
SIX FLAGS ENTERT  SIXEUR EU       3,054.9      (452.1)      99.8
SIX FLAGS ENTERT  SIX US          3,054.9      (452.1)      99.8
SIX FLAGS ENTERT  6FE QT          3,054.9      (452.1)      99.8
SIX FLAGS ENTERT  6FE TH          3,054.9      (452.1)      99.8
SIX FLAGS ENTERT  6FE GR          3,054.9      (452.1)      99.8
SKYWATER TECHNOL  SKYT US           271.7        85.1       23.1
SLEEP NUMBER COR  SNBREUR EU        883.6      (440.1)    (695.6)
SLEEP NUMBER COR  SL2 TH            883.6      (440.1)    (695.6)
SLEEP NUMBER COR  SL2 QT            883.6      (440.1)    (695.6)
SLEEP NUMBER COR  SL2 GZ            883.6      (440.1)    (695.6)
SLEEP NUMBER COR  SNBR US           883.6      (440.1)    (695.6)
SLEEP NUMBER COR  SL2 GR            883.6      (440.1)    (695.6)
SMILEDIRECTCLUB   SDC* MM           886.1       (45.7)     387.3
SOFTCHOICE CORP   SFTC CN           513.3        45.8      (36.6)
SOFTCHOICE CORP   90Q GR            513.3        45.8      (36.6)
SOFTCHOICE CORP   SFTCEUR EU        513.3        45.8      (36.6)
SOFTCHOICE CORP   90Q GZ            513.3        45.8      (36.6)
SONIDA SENIOR LI  SNDA US           674.2      (153.6)    (186.5)
SONIDA SENIOR LI  13C0 GR           674.2      (153.6)    (186.5)
SONIDA SENIOR LI  CSU2EUR EU        674.2      (153.6)    (186.5)
SONIDA SENIOR LI  13C0 GZ           674.2      (153.6)    (186.5)
SOUTHWESTRN ENGY  SW5 QT          9,241.0      (286.0)  (3,260.0)
SOUTHWESTRN ENGY  SWN1EUR EU      9,241.0      (286.0)  (3,260.0)
SOUTHWESTRN ENGY  SWN1EUR EZ      9,241.0      (286.0)  (3,260.0)
SOUTHWESTRN ENGY  SW5 GZ          9,241.0      (286.0)  (3,260.0)
SOUTHWESTRN ENGY  SWN-RM RM       9,241.0      (286.0)  (3,260.0)
SOUTHWESTRN ENGY  SW5 TH          9,241.0      (286.0)  (3,260.0)
SOUTHWESTRN ENGY  SW5 GR          9,241.0      (286.0)  (3,260.0)
SOUTHWESTRN ENGY  SWN US          9,241.0      (286.0)  (3,260.0)
SPRAGUE RESOURCE  SRLP US         1,231.6      (101.9)    (139.0)
SQUARESPACE -BDR  S2QS34 BZ         905.8       (15.9)     (41.3)
SQUARESPACE IN-A  SQSP US           905.8       (15.9)     (41.3)
SQUARESPACE IN-A  8DT GR            905.8       (15.9)     (41.3)
SQUARESPACE IN-A  8DT GZ            905.8       (15.9)     (41.3)
SQUARESPACE IN-A  SQSPEUR EU        905.8       (15.9)     (41.3)
SQUARESPACE IN-A  8DT TH            905.8       (15.9)     (41.3)
SQUARESPACE IN-A  8DT QT            905.8       (15.9)     (41.3)
STARBUCKS CORP    SBUX* MM       31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUX AV        31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUX TE        31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUXEUR EU     31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUX IM        31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUXUSD SW     31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SRB GZ         31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUX US        31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    TCXSBU AU      31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUX PE        31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUXEUR EZ     31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    0QZH LI        31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUX SW        31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SRB QT         31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUX CI        31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUX-RM RM     31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUXCL CI      31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SBUX_KZ KZ     31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SRB GR         31,392.6    (5,314.5)   1,605.0
STARBUCKS CORP    SRB TH         31,392.6    (5,314.5)   1,605.0
STARBUCKS-BDR     SBUB34 BZ      31,392.6    (5,314.5)   1,605.0
STARBUCKS-CEDEAR  SBUX AR        31,392.6    (5,314.5)   1,605.0
STARBUCKS-CEDEAR  SBUXD AR       31,392.6    (5,314.5)   1,605.0
TAILWIND INTERNA  TWNI/U US         347.0       (22.0)       1.1
TAILWIND INTERNA  TWNI US           347.0       (22.0)       1.1
TALON 1 ACQUIS-A  TOAC US             0.4        (0.0)      (0.4)
TALON 1 ACQUISIT  TOACU US            0.4        (0.0)      (0.4)
TASTEMAKER ACQ-A  TMKR US           279.5       254.3        0.4
TASTEMAKER ACQUI  TMKRU US          279.5       254.3        0.4
THUNDER BRIDGE C  TBCPU US          414.9       394.0       (5.6)
THUNDER BRIDGE-A  TBCP US           414.9       394.0       (5.6)
TKB CRITICAL T-A  USCT US             0.5        (0.0)      (0.5)
TKB CRITICAL TEC  USCTU US            0.5        (0.0)      (0.5)
TORRID HOLDINGS   CURV US           636.3      (214.6)     (31.5)
TPG INC           TPG US              0.0        (0.0)       0.0
TRANSAT A.T.      TRZ CN          1,897.7      (315.1)      89.7
TRANSDIGM - BDR   T1DG34 BZ      19,315.0    (2,910.0)   5,367.0
TRANSDIGM GROUP   TDG* MM        19,315.0    (2,910.0)   5,367.0
TRANSDIGM GROUP   T7D TH         19,315.0    (2,910.0)   5,367.0
TRANSDIGM GROUP   TDGEUR EU      19,315.0    (2,910.0)   5,367.0
TRANSDIGM GROUP   T7D QT         19,315.0    (2,910.0)   5,367.0
TRANSDIGM GROUP   TDGEUR EZ      19,315.0    (2,910.0)   5,367.0
TRANSDIGM GROUP   TDG-RM RM      19,315.0    (2,910.0)   5,367.0
TRANSDIGM GROUP   TDG US         19,315.0    (2,910.0)   5,367.0
TRANSDIGM GROUP   T7D GR         19,315.0    (2,910.0)   5,367.0
TRANSPHORM INC    TGAN US            14.3       (19.5)     (11.7)
TRAVEL + LEISURE  0M1K LI         6,601.0      (849.0)     658.0
TRAVEL + LEISURE  WD5A QT         6,601.0      (849.0)     658.0
TRAVEL + LEISURE  WYNEUR EU       6,601.0      (849.0)     658.0
TRAVEL + LEISURE  WYNEUR EZ       6,601.0      (849.0)     658.0
TRAVEL + LEISURE  WD5A GZ         6,601.0      (849.0)     658.0
TRAVEL + LEISURE  WD5A GR         6,601.0      (849.0)     658.0
TRAVEL + LEISURE  WD5A TH         6,601.0      (849.0)     658.0
TRAVEL + LEISURE  TNL US          6,601.0      (849.0)     658.0
TRISTAR ACQUISIT  TRIS/U US           0.7        (0.1)      (0.8)
TRISTAR ACQUISIT  TRIS US             0.7        (0.1)      (0.8)
TRIUMPH GROUP     TG7 TH          1,800.7      (828.9)     419.4
TRIUMPH GROUP     TGIEUR EU       1,800.7      (828.9)     419.4
TRIUMPH GROUP     TG7 GZ          1,800.7      (828.9)     419.4
TRIUMPH GROUP     TGI US          1,800.7      (828.9)     419.4
TRIUMPH GROUP     TG7 GR          1,800.7      (828.9)     419.4
TUPPERWARE BRAND  TUP TH          1,207.7      (223.3)    (461.6)
TUPPERWARE BRAND  TUP1EUR EU      1,207.7      (223.3)    (461.6)
TUPPERWARE BRAND  TUP GZ          1,207.7      (223.3)    (461.6)
TUPPERWARE BRAND  TUP1EUR EZ      1,207.7      (223.3)    (461.6)
TUPPERWARE BRAND  TUP QT          1,207.7      (223.3)    (461.6)
TUPPERWARE BRAND  TUP GR          1,207.7      (223.3)    (461.6)
TUPPERWARE BRAND  TUP US          1,207.7      (223.3)    (461.6)
UNISYS CORP       UISCHF EU       2,321.4      (250.1)     463.6
UNISYS CORP       USY1 GZ         2,321.4      (250.1)     463.6
UNISYS CORP       USY1 QT         2,321.4      (250.1)     463.6
UNISYS CORP       UISEUR EZ       2,321.4      (250.1)     463.6
UNISYS CORP       UISCHF EZ       2,321.4      (250.1)     463.6
UNISYS CORP       USY1 TH         2,321.4      (250.1)     463.6
UNISYS CORP       USY1 GR         2,321.4      (250.1)     463.6
UNISYS CORP       UIS US          2,321.4      (250.1)     463.6
UNISYS CORP       UIS1 SW         2,321.4      (250.1)     463.6
UNISYS CORP       UISEUR EU       2,321.4      (250.1)     463.6
UNITI GROUP INC   8XC GR          4,784.3    (2,118.2)       -
UNITI GROUP INC   UNIT US         4,784.3    (2,118.2)       -
UNITI GROUP INC   8XC TH          4,784.3    (2,118.2)       -
UNITI GROUP INC   8XC GZ          4,784.3    (2,118.2)       -
VAXXINITY INC-A   VAXX US           134.9        93.6       73.4
VECTOR GROUP LTD  VGREUR EU       1,536.0      (573.1)     470.3
VECTOR GROUP LTD  VGREUR EZ       1,536.0      (573.1)     470.3
VECTOR GROUP LTD  VGR TH          1,536.0      (573.1)     470.3
VECTOR GROUP LTD  VGR QT          1,536.0      (573.1)     470.3
VECTOR GROUP LTD  VGR GZ          1,536.0      (573.1)     470.3
VECTOR GROUP LTD  VGR US          1,536.0      (573.1)     470.3
VECTOR GROUP LTD  VGR GR          1,536.0      (573.1)     470.3
VENTYX BIOSCIENC  VTYX US           148.7       136.9      133.9
VERA THERAPEUTIC  VERA US            91.2        85.5       85.7
VERISIGN INC      VRS TH          1,814.7    (1,417.6)     216.2
VERISIGN INC      VRSN* MM        1,814.7    (1,417.6)     216.2
VERISIGN INC      VRSNEUR EU      1,814.7    (1,417.6)     216.2
VERISIGN INC      VRS GZ          1,814.7    (1,417.6)     216.2
VERISIGN INC      VRSNEUR EZ      1,814.7    (1,417.6)     216.2
VERISIGN INC      VRS QT          1,814.7    (1,417.6)     216.2
VERISIGN INC      VRSN-RM RM      1,814.7    (1,417.6)     216.2
VERISIGN INC      VRSN US         1,814.7    (1,417.6)     216.2
VERISIGN INC      VRS GR          1,814.7    (1,417.6)     216.2
VERISIGN INC-BDR  VRSN34 BZ       1,814.7    (1,417.6)     216.2
VERISIGN-CEDEAR   VRSN AR         1,814.7    (1,417.6)     216.2
VINCO VENTURES I  BBIG US           336.9      (172.0)     137.5
VIVINT SMART HOM  VVNT US         2,916.4    (1,709.5)    (508.5)
W&T OFFSHORE INC  WTI1EUR EU      1,243.3      (296.9)       2.8
W&T OFFSHORE INC  UWV TH          1,243.3      (296.9)       2.8
W&T OFFSHORE INC  UWV GZ          1,243.3      (296.9)       2.8
W&T OFFSHORE INC  WTI US          1,243.3      (296.9)       2.8
W&T OFFSHORE INC  UWV GR          1,243.3      (296.9)       2.8
WALDENCAST ACQ-A  WALD US           345.7       309.6        0.4
WALDENCAST ACQUI  WALDU US          345.7       309.6        0.4
WARBURG PINCUS C  WPCA/U US         285.7       (20.6)       1.5
WARBURG PINCUS-A  WPCA US           285.7       (20.6)       1.5
WAVERLEY CAPIT-A  WAVC US           217.2        (5.2)       2.3
WAVERLEY CAPITAL  WAVC/U US         217.2        (5.2)       2.3
WAYFAIR INC- A    W* MM           4,466.2    (1,530.1)     924.7
WAYFAIR INC- A    1WF QT          4,466.2    (1,530.1)     924.7
WAYFAIR INC- A    1WF GZ          4,466.2    (1,530.1)     924.7
WAYFAIR INC- A    1WF GR          4,466.2    (1,530.1)     924.7
WAYFAIR INC- A    1WF TH          4,466.2    (1,530.1)     924.7
WAYFAIR INC- A    WEUR EU         4,466.2    (1,530.1)     924.7
WAYFAIR INC- A    W US            4,466.2    (1,530.1)     924.7
WAYFAIR INC- BDR  W2YF34 BZ       4,466.2    (1,530.1)     924.7
WEBER INC - A     WEBR US         1,551.0      (121.3)     147.9
WINGSTOP INC      WING1EUR EU       260.4      (314.1)      29.5
WINGSTOP INC      WING US           260.4      (314.1)      29.5
WINGSTOP INC      EWG GR            260.4      (314.1)      29.5
WINGSTOP INC      EWG GZ            260.4      (314.1)      29.5
WINMARK CORP      WINA US            55.0       (12.8)      33.6
WINMARK CORP      GBZ GR             55.0       (12.8)      33.6
WORLDWIDE WEBB A  WWACU US            0.7        (0.0)      (0.7)
WORLDWIDE WEBB-A  WWAC US             0.7        (0.0)      (0.7)
WW INTERNATIONAL  WW US           1,467.9      (491.4)      53.5
WW INTERNATIONAL  WW6 GZ          1,467.9      (491.4)      53.5
WW INTERNATIONAL  WTWEUR EZ       1,467.9      (491.4)      53.5
WW INTERNATIONAL  WTWEUR EU       1,467.9      (491.4)      53.5
WW INTERNATIONAL  WW6 QT          1,467.9      (491.4)      53.5
WW INTERNATIONAL  WTW AV          1,467.9      (491.4)      53.5
WW INTERNATIONAL  WW6 TH          1,467.9      (491.4)      53.5
WW INTERNATIONAL  WW6 GR          1,467.9      (491.4)      53.5
WYNN RESORTS LTD  WYNN* MM       12,607.7      (592.6)   1,569.3
WYNN RESORTS LTD  WYNN US        12,607.7      (592.6)   1,569.3
WYNN RESORTS LTD  WYR GR         12,607.7      (592.6)   1,569.3
WYNN RESORTS LTD  WYNNEUR EU     12,607.7      (592.6)   1,569.3
WYNN RESORTS LTD  WYR GZ         12,607.7      (592.6)   1,569.3
WYNN RESORTS LTD  WYNNEUR EZ     12,607.7      (592.6)   1,569.3
WYNN RESORTS LTD  WYR QT         12,607.7      (592.6)   1,569.3
WYNN RESORTS LTD  WYNN-RM RM     12,607.7      (592.6)   1,569.3
WYNN RESORTS LTD  WYR TH         12,607.7      (592.6)   1,569.3
WYNN RESORTS-BDR  W1YN34 BZ      12,607.7      (592.6)   1,569.3
XILIO THERAPEUTI  XLO US            120.7        86.4       92.7
YELLOW CORP       YELL US         2,462.8      (306.2)     309.7
YELLOW CORP       YRCWEUR EU      2,462.8      (306.2)     309.7
YELLOW CORP       YEL QT          2,462.8      (306.2)     309.7
YELLOW CORP       YRCWEUR EZ      2,462.8      (306.2)     309.7
YELLOW CORP       YEL1 TH         2,462.8      (306.2)     309.7
YELLOW CORP       YEL GZ          2,462.8      (306.2)     309.7
YELLOW CORP       YEL GR          2,462.8      (306.2)     309.7
YUM! BRANDS -BDR  YUMR34 BZ       6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   YUM* MM         6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   YUMUSD SW       6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   TGR GZ          6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   YUM US          6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   YUMEUR EZ       6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   YUMEUR EU       6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   TGR QT          6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   YUM SW          6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   YUM AV          6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   TGR TE          6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   YUM-RM RM       6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   TGR TH          6,419.0    (7,855.0)     707.0
YUM! BRANDS INC   TGR GR          6,419.0    (7,855.0)     707.0
ZETA GLOBAL HO-A  ZETA US           354.3        55.8       95.4



                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Philadelphia, Pa., USA.
Randy Antoni, Jhonas Dampog, Marites Claro, Joy Agravante,
Rousel Elaine Tumanda, Joel Anthony G. Lopez, Psyche A. Castillon,
Ivy B. Magdadaro, Carlo Fernandez, Christopher G. Patalinghug, and
Peter A. Chapman, Editors.

Copyright 2022.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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