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260702.mbx T R O U B L E D C O M P A N Y R E P O R T E R Thursday, July 2, 2026, Vol. 30, No. 183 Headlines 3220 S FISKE BLVD: Gets Interim OK to Use Cash Collateral 4US CORP: Court Extends Cash Collateral Access to July 17 727 LOFTS HOLDINGS: Case Summary & 20 Largest Unsecured Creditors AD SERVICE: Seeks to Tap The Desai Law Firm as Bankruptcy Counsel AHT TRANSPORT: Gets Final OK to Use Cash Collateral ALLIED TELECOM: ISP Business Asset Sale to LightCore MetroNet OK'd ALPHA SURFACES: Seeks to Hire Mickler & Mickler as Legal Counsel AMC ENTERTAINMENT: Debt-Free Through 2028 After $200M Capital Raise AMPLE INC: Hires CITTA Brokerage Company as Duty Drawback Broker ANTELOPE HOSPITALITY: Creditors to Get Proceeds From Liquidation API HOLDINGS: S&P Withdraws 'CCC' Issuer Credit Rating AQUABOUNTY TECHNOLOGIES: All Proposals Approved at Annual Meeting ARC PRIMARY: Gets Interim OK to Use Cash Collateral Until July 22 ASCEND ELEMENTS: Court OKs Chapter 11 Sale, Minor Asset Rules ASCENT SOLAR: Jane Street Group Holds 5.3% Equity Stake ATERIAN INC: Declares CVR Dividend Tied to Asset Sale ATLANTIC INTERNATIONAL: Regains Compliance With Nasdaq Requirement AVANTGARDE SENIOR: Commences Chapter 11 Bankruptcy in California BAHNASY 2024: Commences Chapter 11 Bankruptcy in New York BALTIMORE INTERNATIONAL: Unsecureds Will Get 10% over 5 Years BLUE IVY: Gets Interim OK to Use Cash Collateral BREASHEARS ROOFING: Seeks to Tap Mesa Springs Tax as Accountant BUILTTOSUIT USA: Gets Interim OK to Use Cash Collateral CAROLINA EARTHWERX: Gets Interim OK to Use Cash Collateral CERO THERAPEUTICS: Borrows $663,600 Under Restated Note CHELSEA BUSINESS: Hires Matthews Real Estate Investment as Broker CIBUS INC: Registers 4.08M More Shares Under 2017 Incentive Plan CURIS INC: Stockholders Approve 1-for-5 to 1-for-25 Stock Split CURIS INC: Stockholders OK 1-for-5 to 1-for-25 Reverse Split DARE BIOSCIENCE: Registers 1.5M More Shares Under Amended 2022 Plan DEALER SOURCE: Seeks Subchapter V Bankruptcy in Texas DIESEL DEVELOPMENT: Plan Exclusivity Period Extended to July 10 DIOCESE OF BURLINGTON: Creditors Want to Access to $500MM Assets DIOCESE OF EL PASO: September 11 Proof of Claim Filing Deadline Set DIOCESE OF SAN FRANCISCO: Reaches $395M Abuse Settlement in Ch. 11 DIOCESE OF SAN FRANCISCO: Slater Schulman Helps Win $395M Trust DOLCHE TRUCKLOAD: Gets Extension to Access Cash Collateral DYNASTY FAB: Gets Interim OK to Use Cash Collateral EASTSIDE COLLISION: Hires Jones Lang LaSalle as Real Estate Broker ECHOSTAR CORP: Chief Legal Officer Dean Manson Steps Down EGO COLLISION: Gets Interim OK to Use Cash Collateral ELITE PROJECT: Seeks Approval to Hire ELG Accounting as Accountant ESGTHERM LLC: Seeks Chapter 11 Bankruptcy in New Jersey ETEGRA INC: Gets Extension to Access Cash Collateral FABRICATION DESIGNS: Unsecureds Will Get 10% over 3 Years FAT BRANDS: Plan Confirmation Hearing Scheduled for July 27 FIRST BRANDS: Sells Brake Brands to Motorcar Parts in Chapter 11 FREIGHT TECHNOLOGIES: Secures $2.5M Term Loan to Refinance Debt FULTON SCG: UCC Public Sale Scheduled for July 1 G.A.H. BAR-B-Q: Seeks Chapter 11 Bankruptcy for the 2nd Time GAIN THERAPEUTICS: Stockholders Elect Directors, Ratify Auditor GARCIA GRAIN: Texas Properties Sale to GSI International OK'd GENERATIONS ON 1ST: Files Amendment to Disclosure Statement GENESIS HEALTHCARE: July 22 Disclosure Statement Hearing Set GLOBAL LEADERSHIP: Seeks Chapter 11 Bankruptcy in New York GUNSTOCK RANCH: Unsecureds to Get Share of Income for 3 Years HCW BIOLOGICS: Sets 1-for-6 Reverse Stock Split HIGHLAND CAPITAL: Supreme Court Rejects Chap. 11 Gatekeeper Appeal HOSTEL FISH: Seeks Subchapter V Bankruptcy in Washington HRONIS INC: Gets Court OK to Increase DIP Financing to $54.023-Mil. HUGHES SATELLITE: Manson Leaves EchoStar Legal Role HUNT PROPERTIES: Starts Chapter 11 Bankruptcy in Tennessee I A P CONSTRUCTION: Cash Collateral Access Extended to July 29 INSIGHT PHOTONIC: Updates Unsecured Claims Pay Details INTEGRITY IRON: Gets Interim OK to Use Cash Collateral IQSTEL INC: Signs MOU to Acquire 51% of ULTRANET Telecom Group IRIDIUM COMMUNICATIONS: S&P Places 'BB-' ICR on Watch Negative JAMESBRIDGE 2017: Wells Fargo's Receivership Request Denied JAYJAY PROPERTY: Voluntary Chapter 11 Case Summary KAIZEN CLEANING: Seeks Subchapter V Bankruptcy in LouIsiana KUSTOM ENTERTAINMENT: Sells Video Division to Cycurion for $5.5MM KV TOOLING: Gets Interim OK to Use Cash Collateral Until July 16 LAGUNA HILLS: Commences Chapter 11 Bankruptcy in California LINQTO TEXAS: Seeks Approval to Sell $130MM Recovery Fund Shares MAKIIN LLC: Gets Final OK to Use Cash Collateral MG LOGISTICS: Court Extends Cash Collateral Access to Aug. 31 MJS MATERIALS: Gets OK to Use Cash Collateral Until July 21 MOBIQUITY TECHNOLOGIES: Stephano Slack Out, M&K CPA In as Auditor MOBIX LABS: Issues $2.8M Convertible Note to Leviston MP COMPLETE: Claims to be Paid from Available Cash & Income MP ELKO: Case Summary & 13 Unsecured Creditors MZS PROPERTIES: Court Extends Cash Collateral Access to Aug. 4 NEW FORTRESS: NFE Brazil Issues $973.5MM Sr. Secured Notes Due 2029 NEW HOPE: To Sell Alexandria Property to FCRHA for $700K NEXTCURE INC: Stockholders Approve 2019 Incentive Plan Changes NIGHTFOOD HOLDINGS: Inks LOI to Acquire 51% of Jiun Jiang NOBLE LIFE: Court Extends Cash Collateral Access to Aug. 31 NOISA INC: Unsecured Creditors Will Get 7.25% of Claims in Plan NORDICUS PARTNERS: Closes $554K Private Placement of 201,500 Shares NORTH ATLANTA HOME: Seeks Subchapter V Bankruptcy in Georgia NORTH TEXAS: To Sell Fiber Business Assets to Private Fiber NOVATECH FS: Unsecured Creditors to Split $15K over 60 Months NY 182 REALTY: Case Summary & One Unsecured Creditor OFFICE PROPERTIES: Issues $805M in New Secured Notes at Emergence OUTLOOK THERAPEUTICS: Regains Nasdaq Bid Compliance PAVMED INC: All Three Key Proposals Approved at Annual Meeting PLUMBING NERDS: Gets Extension to Access Cash Collateral PREMIER AIR: Names Matt Aune CFO, Grants 1.5M Options PURE SCIENCE: Wins Final Cash Collateral Access QUINCE THERAPEUTICS: Sets 1-for-20 Reverse Split RAD DIVERSIFIED: Court OKs Belle Property Sale at Auction RAD DIVERSIFIED: Court OKs Minnieola Property Sale at Auction RAD DIVERSIFIED: Court OKs Philadelphia Properties Sale at Auction RUTHERFORD ENTERPRISES: To Sell Resto Assets to Authentic Italian SALON VOSS: Seeks Chapter 11 Bankruptcy in Virginia SAN FRANCISCO ARCHDIOCESE: Settles Abuse Claims for $395MM SANGAMO THERAPEUTICS: Enters Deal w/ Eli Lilly to Buy Assets SCILEX HOLDING: All Three Key Proposals Approved at Annual Meeting SELECTIS HEALTH: Inks Merger Deal With Black Pearl Equities SILICON VALLEY: Former Exec Faces FDIC Trial SIMAD HOLDINGS: Brown Rudnick, Norton and Steptoe Advise Bidders SIMAD HOLDINGS: Secures Court OK for Chap. 11 Funding, Speedy Sale SIMPLY INTERIOR: Court Sets July 27 Bid Submission Deadline SISTERS OF SAINT ANN: Seeks Ch.11 Bankruptcy to Reorganize Finances SKEENA RESOURCES: Omnibus Incentive Plan, Board Slate OK'd SLEEP NUMBER: Pacific Ridge Ceases Beneficial Ownership SPANISH BROADCASTING: Wins Approval of Chapter 11 Debt Plan SQUARE ONE: Court OKs Welch Way Property Sale to Wendell Smith SUITECENTRIC LLC: Seibert's Appeal on Plan Confirmation Tossed SUPERNOVA MANAGEMENT: Court OKs Continued Use of Cash Collateral SUSTAINABLE SAN DIEGO: Voluntary Chapter 11 Case Summary T-NEVIN-T HOLDINGS: Gets Final OK to Use Cash Collateral TALPHERA INC: All Five Key Proposals OK'd at Annual Meeting TEANECK SURGICAL: Medical Operating License Sale to Holy Name OK'd TIGER CAPITAL: Gets Final OK to Use Cash Collateral TPX COMMUNICATIONS: Files Chapter 11 to Eliminate Significant Debt U.S. TELEPACIFIC: Case Summary & 30 Largest Unsecured Creditors U.S. TELEPACIFIC: Court OKs Bid Rules to Sell IT Assets via Auction U.S. TELEPACIFIC: Seeks Chapter 11 Bankruptcy, Eyes $1B Debt Cut UPSHOT BREWING: To Sell Brewery Assets to Parlay 6 US NUCLEAR: FY25 Net Loss Narrows to $1.24M, Going Concern Persists VEYTIA VENTURES: Gets Interim OK to Use Cash Collateral WHITE ASH: Seeks to Sell Carmel Property in Private Sale WHOLESALE PROPERTY: To Sell Belote Property to Oakwood Property WHOLESALE PROPERTY: To Sell Jacksonville Property to G. & J. Liboy WORKSPORT LTD: Keeps Full Compliance With Nasdaq Bid Price Rule WORKSPORT LTD: Raises $723K in Registered Direct Offerings Y & Q HOME: Section 341(a) Meeting of Creditors on July 29 YESCARE CORP: To Permanently Shutter Tenn. HQ, Cut 150 Jobs Z SQUARED: Plans $5M Preferred-Stock Deal for Paradox ZYYAH LLC: Seeks Chapter 11 Bankruptcy in Texas [] Arkansas Tops in 2025 Farm Bankruptcies [] Dechert Adds Klingbaum, Harris to Lead Capital Solutions Team [] Piper Sandler Expands Restructuring Group With John D'Amico [] Sherwood Partners Joins EisnerAmper in July 2026 Combination [] Two New Partners Join Dechert LLP's Capital Solutions Team [^] Recent Small-Dollar & Individual Chapter 11 Filings ********* 3220 S FISKE BLVD: Gets Interim OK to Use Cash Collateral --------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Orlando Division, entered a third interim order authorizing 3220 S Fiske Blvd, LLC to continue using cash collateral through July 7. The court granted the Debtor's request on an interim basis, allowing the use of cash collateral to fund court-authorized payments, Subchapter V trustee obligations, and operating expenses outlined in the approved budget, subject to a 10% variance per line item. Under the order, the Debtor must comply with all debtor-in-possession obligations and provide biweekly supplemental reports detailing cash receipts and cash balances. The Debtor is also required to submit updated rent rolls showing occupancy levels and collections for each reporting period, providing creditors with ongoing visibility into the property's operating performance. As adequate protection, the Debtor offers secured creditors post-petition replacement liens on cash collateral, with the same validity, priority, and extent as their pre-petition liens. Additional safeguards include liability and casualty insurance and filing of biweekly reports on receipts and cash balances. The order remains in effect until further court order, the effective date of a confirmed plan, or July 7, subject to reconsideration upon request of any party in interest. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/PaM9a from PacerMonitor.com. A continued hearing on the cash collateral motion is scheduled for July 7. As of the petition date, the Debtor estimates the value of its cash collateral (consisting of cash on hand) is approximately $55.51; accounts receivable of approximately $14,000 monthly; and future payments from incoming guests at its extended stay motel in Rockledge, Florida. Subject to defenses and offsets, Irock Loans, LLC may assert claims secured by a lien on the cash collateral. About 3220 S Fiske Blvd LLC 3220 S Fiske Blvd, LLC, doing business as Rockledge Extended Stay, operates an extended-stay hotel in Rockledge, Florida. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01242) on Feb. 24, 2026, with $1 million to $10 million in assets and liabilities. Raffaello Ciciola, manager, signed the petition. Andrew S. Ballentine, Esq. at Nardella & Nardella, PLLC represents the Debtor as legal counsel. 4US CORP: Court Extends Cash Collateral Access to July 17 --------------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division issued a sixth interim order authorizing 4 US Corp, Inc. to use cash collateral to fund ordinary business operations. Under the sixth interim order, the Debtor is authorized to use assets considered cash collateral, including $1,000 in a checking account at Bank of America, $50,000 in accounts receivable, office equipment valued at $2,000, a fleet of 26 trucks and 30 trailers valued at about $3,030,000, and a forklift valued at $35,000. These assets can be used only to pay necessary operating expenses and only within the limits of a court-approved budget. The order places restrictions on how the collateral can be used. Any spending that exceeds a budgeted line item by more than 5% requires prior written approval from the U.S. Small Business Administration or additional authorization from the court. The Debtor is also required to maintain insurance coverage on its property and assets to protect the collateral while it is being used during the bankruptcy process. The authorization to use the cash collateral is temporary and will expire on July 17 unless the court extends it. A status hearing regarding the Debtor's continued use of cash collateral is scheduled for July 14. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/xSzfa from PacerMonitor.com. About 4US Corp Inc. 4US Corp, Inc. operates as a transportation and logistics company, providing freight hauling services through ownership of commercial trucks and trailers, including Freightliner trucks and Wabash, Dorsey, Mac, Fontaine, Hyundai, and Eagle trailers. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-01936) on February 2, 2026. In the petition signed by Eli Malikovsky, president, the Debtor disclosed $3,118,000 in total assets and $9,253,165 in total liabilities. Judge Timothy A. Barnes oversees the case. David Freydin, Esq., at the Law Offices of David Freydin, represents the Debtor as bankruptcy counsel. 727 LOFTS HOLDINGS: Case Summary & 20 Largest Unsecured Creditors ----------------------------------------------------------------- Debtor: 727 Lofts Holdings, LLC 1422 E. 71st St. Tulsa, OK 74136 Chapter 11 Petition Date: June 25, 2026 Court: United States Bankruptcy Court Northern District of Texas Case No.: 26-32780 Debtor's Counsel: Joyce Lindauer, Esq. LINDAUER & VAUGHN 117 S. Dallas St. Ennis, TX 75119 Tel: (972) 503-4033 E-mail: joyce@joycelindauer.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $100,000 to $500,000 The petition was signed by Marc Kulick as authorized signer. A copy of the Debtor's list of its 20 largest unsecured creditors is available for free on PacerMonitor at: https://www.pacermonitor.com/view/6VMVXNQ/727_Lofts_Holdings_LLC__txnbke-26-32780__0004.0.pdf?mcid=tGE4TAMA A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/QLOJOAQ/727_Lofts_Holdings_LLC__txnbke-26-32780__0001.0.pdf?mcid=tGE4TAMA AD SERVICE: Seeks to Tap The Desai Law Firm as Bankruptcy Counsel ----------------------------------------------------------------- AD Service LLC, doing business as White Glove Exotic Services, seeks approval from the U.S. Bankruptcy Court for the Eastern District of Missouri to employ The Desai Law Firm, LLC as counsel. The firm will render these services: (a) advise the Debtor with respect to its rights, power and duties in this Chapter 11 case; (b) assist and advise the Debtor in its consultations with any committee appointed in this case; (c) assist the Debtor in analyzing the claims of creditors and negotiating with such creditors; (d) assist the Debtor with investigation of its assets, liabilities and financial condition and reorganize its business in order to maximize the value of its assets for the benefit of all creditors; (e) advise the Debtor in connection with the sale of assets or business; (f) assist the Debtor in its analysis of and negotiation with any third-party concerning matters related to, among other things, the terms of a plan of reorganization; (g) assist and advise the Debtor with respect to any communications with the general creditor body regarding significant matters in this case; (h) commence and prosecute necessary and appropriate actions and/or proceedings on behalf of the Debtor; (i) review, analyze or prepare, on behalf of the Debtor, all necessary legal documents; (j) represent the Debtor at all hearings and other proceedings; (k) confer with other professional advisors retained by the Debtor in providing advice; (l) perform all other necessary legal services in this case as may be requested by the Debtor in this Chapter 11 case; and (m) assist and advise the Debtor regarding pending litigation matters in which it may be involved. The firm will be paid at these hourly rates: Partners $450 Associates $300 Paralegals/Law Clerks $125 In addition, the firm will seek reimbursement for expenses incurred. Prior to the petition date, the firm was paid $6,158 for services performed prior to the petition date, including $1,738 for the filing fee. Spencer Desai, Esq., an attorney at The Desai Law Firm, 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 through: Spencer P. Desai, Esq. The Desai Law Firm, LLC 13321 North Outer Forty Road, Suite 300 St. Louis, MO 63017 Telephone: (314) 666-9781 Facsimile: (314) 448-4320 Email: spd@desailawfirmllc.com About AD Service LLC AD Service LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mo. Case No. 26-41666) on April 17, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Spencer P. Desai, Esq., at The Desai Law Firm, LLC represents the Debtor as counsel. AHT TRANSPORT: Gets Final OK to Use Cash Collateral --------------------------------------------------- AHT Transport LLC received final approval from the U.S. Bankruptcy Court for the District of Kansas to use cash collateral. Under the final order, the Debtor is authorized to use cash collateral through Dec. 31 or through confirmation of a Chapter 11 plan, whichever comes first. This period may be extended by further order of the court. The Debtor is permitted to use cash collateral to pay operating expenses in accordance with its budget up to amounts not to exceed 125% of each line item. The Debtor's cash collateral consists primarily of approximately $65,409 in accounts receivable and its bank account balances although its bank account was reportedly overdrawn as of the petition date. The cash collateral belongs to the U.S. Small Business Administration and potentially Velocity Capital Group, LLC. The Debtor believes the SBA holds a first-priority lien on these assets through a 2021 UCC filing securing approximately $1.1 million in debt while Velocity claims an interest through a later UCC filing securing approximately $251,000. However, the Debtor contends that Velocity's claim is entirely unsecured. Smart Freight Funding LLC claims an interest in the Cash Collateral by virtue of a UCC-1 filing. The Debtor is in the process of determining the extent of the security interest. The SBA, Velocity, and SFF are granted post-petition replacement liens on the Debtor's assets similar to their pre-petition collateral, with the same validity, extent and priority as their pre-petition liens. As additional protection, the SBA will receive an allowed superpriority administrative expense claims. Except for the carveout, the superpriority claims will have priority over all administrative expenses and unsecured claims against the Debtors and their bankruptcy estates. The SBA will also receive monthly payments of $1,000, not later than June 30, and continuing monthly thereafter until confirmation of a Chapter 11 plan, dismissal or conversion of the Debtor's Chapter 11 case, or entry of a subsequent court order. Events of default that could terminate the Debtor's authority to use cash collateral include relief from automatic stay, case conversion or dismissal, unauthorized sale of the Debtor's assets, or failure to comply with the order. If a default occurs and is not cured within five business days after notice, the Debtor's authority to use cash collateral terminates. The order is available at https://urlcurt.com/u?l=GbRREN from PacerMonitor.com. About AHT Transport LLC AHT Transport LLC is a transportation and logistics company engaged in freight hauling and related trucking services. AHT Transport LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Kan. Case No. 26-10613) on June 2, 2026. In its petition, the Debtor reported estimated assets of $1 million to $10 million and estimated liabilities of $1 million to $10 million. The Honorable Bankruptcy Judge Mitchell L. Herren handles the case. The Debtor is represented by January M. Bailey, Esq., of Prelle Eron & Bailey, PA. ALLIED TELECOM: ISP Business Asset Sale to LightCore MetroNet OK'd ------------------------------------------------------------------ The U.S. Bankruptcy Court for the District of Columbia has granted Allied Telecom Group, LLC to sell substantially all Assets, free and clear of liens, claims, interests, and encumbrances. The Debtor is an internet service provider (ISP) based in Washington D.C. serving the greater "DMV" area. The Debtor delivers a comprehensive suite of business-oriented connectivity and communication solutions to its customers, including high-performance business internet, data transport, cloud connectivity, and private networking. The Debtor's customer base includes private businesses, non-profits, federal (Dept. of Defense and civilian), state and local government agencies, universities, public schools and other educational institutions, among others. Operating since 1996, Allied is a trusted partner to its customers known for providing tailored solutions for critical network and communication needs. The Debtor is party to numerous executory contracts and unexpired leases in connection with its operations, including, inter alia, leases for telecom equipment and service and vendor supply agreements needed to support ongoing business operations. Collectively, the contracts and leases are integral parts of the Assets to be marketed for sale in accordance with the Bidding Procedures, and add substantial value to the Debtor's business. The Debtor is selling the Purchased Assets, as more fully described in the Asset Purchase Agreement (APA). As demonstrated by the Sale Motion, the Bidding Procedures Order, the testimony and other evidence proffered or adduced in support of the Sale Motion, and the representations of counsel made on the record, the Debtor and its advisors sufficiently marketed the Assets. The Court has authorized the Debtor to sell the Assets to LightCore MetroNet, LLC as the Stalking Horse Purchaser and Qualified Bidder. The aggregate consideration for the sale and transfer of the Acquired Assets shall be composed of the following: a cash payment of $1,000,000.00 and the assumption by Buyer of the Assumed Liabilities. The Debtor is the sole and lawful owner of the Purchased Assets and holds good, sufficient, and marketable title to the Purchased Assets, subject to any and all claims, interests, liens, and encumbrances as may otherwise exist. The consideration provided for in the APA is reasonable, fair, and constitutes adequate consideration for the Purchased Assets. The Asset Sale is a fully negotiated arms' length transaction. The Debtor, with its professionals and in consultation with Quaint Oak Bank, has exercised sound and appropriate business judgment in negotiating the Asset Sale. The Debtor has demonstrated good, sufficient, and sound business purposes and justifications for consummation of the Asset Sale and all other agreements, instruments, certificates, and other documents to be entered into or delivered by any party in connection with the transactions. The consideration provided by LightCore pursuant to the APA is fair and adequate, will provide a greater recovery for the Debtor’s estate than would be provided by any other available alternative, including liquidation, and constitutes reasonably equivalent value and fair consideration. LightCore is a District of Columbia limited liability company. Ken Williams, the Debtor's majority member, is the chairman and founder of LightCore. The Debtor and LightCore do not hold ownership interests in one another. LightCore is not a continuation of the Debtor or its estate, and there is no continuity of enterprise between LightCore and the Debtor. LightCore is not a successor to the Debtor or its estate and the Asset Sale does not amount to a consolidation, merger, or de facto merger of LightCore and the Debtor. Neither the Debtor nor LightCore engaged in any conduct that would cause or permit the APA to be avoided or costs or damages. LightCore has demonstrated adequate assurance of future performance with respect to the Assigned Contracts. About Allied Telecom Group LLC Allied Telecom Group, LLC provides Internet access and data transport services to business, nonprofit, educational, and government customers, focusing on last-mile connectivity, wide area network transport, and cloud and data center interconnection. The Washington, D.C.-based company operates as a local exchange carrier serving the District of Columbia, Maryland, and Virginia, and also offers managed IT and network security services such as firewall protection, intrusion detection, network monitoring, and disaster recovery planning. Allied Telecom Group serves a customer base of about 1,200 organizations across the public and private sectors, including federal, state, and local government agencies and educational institutions. Allied Telecom Group sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. D. Colo. Case No. 25-00599) on Dec. 23, 2025, listing $1 million to $10 million in assets and $10 million to $50 million in liabilities. Ken Williams, as designated officer, signed the petition. Judge Elizabeth L. Gunn oversees the case. Hunton Andrews Kurth, LLP serves as the Debtor's legal counsel. ALPHA SURFACES: Seeks to Hire Mickler & Mickler as Legal Counsel ---------------------------------------------------------------- Alpha Surfaces, LLC seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to employ the Law Offices of Mickler & Mickler, LLP as to handle its Chapter 11 case. The firm's rates range between $300-$400 per hour. Bryan Mickler, Esq., an attorney at Law Offices of Mickler & Mickler, 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 through: Bryan K. Mickler, Esq. Law Offices of Mickler & Mickler, LLP 5452 Arlington Expressway Jacksonville, FL 322211 Telephone: (904) 725-0822 Facsimile: (904) 725-0855 Email: bkmickler@planlaw.com About Alpha Surfaces LLC Alpha Surfaces, LLC, doing business as Aloha Flooring, is a Daytona Beach, Florida-based specialty contractor that provides flooring and surface products and services, including carpet, tile, vinyl, laminate and wood flooring, as well as related installation, coating, countertop and finish services for residential, commercial, healthcare and institutional customers. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Okla. Case No. 26-11984) on June 12, 2026. In the petition signed by Jessica Smith, authorized member, the Debtor disclosed $114,161 in total assets and $1,774,647 in total liabilities. Bryan K. Mickler, Esq., at the Law Offices of Mickler & Mickler, LLP, represents the Debtor as counsel. AMC ENTERTAINMENT: Debt-Free Through 2028 After $200M Capital Raise ------------------------------------------------------------------- AMC Entertainment Holdings, Inc. announced that it closed its registered direct offering of an aggregate of 95,250,000 shares of AMC common stock for gross proceeds of approximately $200 million, before deducting agent fees and offering expenses. Concurrently with the completion of the Offering, on June 24, 2026, the Company delivered a notice of full redemption to holders of its $125,471,000 aggregate principal amount of 6.125% Senior Subordinated Notes due 2027 to redeem the Senior Subordinated Notes in full at a redemption price equal to 100.000% of the principal amount of the Senior Subordinated Notes, plus accrued and unpaid interest, if any, to the applicable redemption date. As a result, AMC does not anticipate any material debt principal repayments coming due prior to calendar year 2029. Use of Proceeds AMC intends to use the proceeds from the Offering primarily to immediately call and soon thereafter redeem all of its $125,471,000 aggregate principal amount of Senior Subordinated Notes. In addition, the proceeds will serve to pay related fees, costs, premiums and expenses associated with the Offering and the Senior Subordinated Notes redemption, as well as for general corporate purposes, which may include the repayment of other debt. The remainder of the proceeds will go toward the strengthening of AMC's cash reserves and, of great importance, to growth-oriented investments in AMC's theatres implemented and in place as soon as this autumn. While still evidencing discipline in AMC's capital expenditures process, these targeted high-return projects will further enhance and elevate the moviegoing experience at some of AMC's already-higher grossing theatres. Management Commentary Commenting on the successful completion of the Offering, Adam Aron, Chairman and CEO of AMC Entertainment, said, "We are extremely pleased with the institutional investor interest in and support of AMC that we believe is reflected in this transaction. The successful completion of this Offering provides AMC with approximately $200 million of gross proceeds, meaningfully strengthens our balance sheet and cash position, and allows AMC to make some attractive growth-oriented investments as soon as this autumn at some of our already higher-grossing theatres." Aron continued, "Specifically, with these proceeds, we expect to repay all $125.5 million of our Senior Subordinated Notes due in 2027, reducing debt, lowering annual cash interest expense by approximately $7.7 million, and improving AMC's debt profile with no currently expected maturities until calendar year 2029. At the same time, the Offering increases our cash reserves. We also can immediately commence a few targeted, high-return investments in seating upgrades and more premium screens at some of our most important theatres that will further differentiate the guest experience that distinguishes AMC." Aron concluded, "Throughout 2026, the theatrical business has been experiencing exceptional momentum with broad-based audience demand across multiple film genres. Just this past weekend, of course, TOY STORY 5 became the seventh different film in the past three months to generate a domestic opening weekend gross exceeding $75 million. When we look at the movies coming to our theatres in July, across the summer and towards year-end, in our opinion, the number of movies expected to open with a strong performance is truly exciting." Roth Capital Partners served as the sole placement agent for the Offering. About AMC Entertainment AMC Entertainment Holdings, Inc., is engaged in the theatrical exhibition business. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors. The Company also offers a range of food and beverage items, which include popcorn; soft drinks; candy; hotdogs; specialty drinks, including beers, wine and mixed drinks, and made to order hot foods, including menu choices, such as curly fries, chicken tenders and mozzarella sticks. As of March 31, 2026, the Company had $7,684.8 million in total assets, $9,611.3 million in total liabilities, and $1,926.5 million in total stockholders' deficit. * * * In October 2025, Moody's Ratings assigned Caa2 ratings to AMC Entertainment Holdings, Inc.'s new Senior Secured First-Lien Notes due 2029 (1.5 Notes). Moody's downgraded Muvico, LLC's (Muvico) Backed Senior Secured Second-lien Notes (Existing Exchangeable Notes) rating to Caa3 from Caa2. Moody's affirmed AMC's Caa2 Corporate Family Rating and Caa2-PD Probability of Default Rating, and all other instrument ratings including the B3 on the Senior Secured First-Lien Term Loan at AMC (AMC TL) which is co-borrower with Muvico, the B3 on the Backed Senior Secured First-Lien Notes rating at Odeon Finco PLC (Odeon) (Odeon Notes), the Caa3 rating on the Senior Secured First-Lien Notes (7.5% Notes) at AMC, and the Ca rating on the Senior Subordinated Notes (Sub Notes) of AMC. AMC's Speculative Grade Liquidity Rating (SGL) remains unchanged at SGL-4. The outlook for all Companys remains stable. In July, the Company announced [1] that it entered into a Transaction Support Agreement with key creditor groups, including certain holders of its 7.5% Notes, certain holders of Muvico Existing Exchangeable Notes, and certain lenders representing AMC's TL outstanding under its existing credit agreement. In connection with the agreement, (1) Muvico issued new $194 million (now with $154 million outstanding) 6.00%/8.00% Senior Secured Second-Lien Exchangeable Notes due 2030 (New Exchangeable Notes, unrated) which have a 1.25 lien claim on Muvico assets, effectively a second lien, and (2) AMC issued the 1.5 Notes comprised of approximately $267.0 million of incremental new money financing and an exchange of $590.0 million of 7.5% Notes for a total of approximately $857 million. These lenders have a 1.5 lien on Muvico assets, effectively third claim priority behind the New Exchangeable Notes at Muvico. As a result of the transaction, the 7.5% Notes (with a pro forma debt principal amount totaling approximately $360 million), which did not participate in the exchange for the 1.5 Notes, retained existing terms and conditions (e.g. notably, no lien on Muvico assets) and therefore have lower recovery prospects relative to the New Exchangeable Notes (which have a 1.25 lien on Muvico). In addition, Moody's rank the Existing Exchangeable Notes (with approximately $108 million outstanding) that did not participate in the exchange behind the New Exchangeable Notes and the 1.5 Notes due to a change in the definition of permitted liens to allow superior liens. Moody's expects the New Exchangeable Notes to be fully extinguished in the near term (in a stock exchange) when certain conditions are met (e.g. company stock price reaches a pre-determined level and noteholders elect to exchange). AMPLE INC: Hires CITTA Brokerage Company as Duty Drawback Broker ---------------------------------------------------------------- Ample, Inc. and Ample Texas EV, LLC seek approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ CITTA Brokerage Company as duty drawback broker. The firm's services include: (a) provide duty drawback consultation, documentation and filing services required for duty drawback claims; (b) monitor the status of duty drawback claims submitted on behalf of the Debtors, tracking the progress of claim processing, and promptly communicating any updates or requirements; (c) provide additional advisory services related to duty drawback; (d) provide tax-consulting services of identifying and managing opportunities wherein tax savings can be realized; (e) analyze and implement reduction, elimination, or refund of duties and Internal Revenue Service taxes paid through the federal customs system; (f) liaise the U.S. Customs and Border Protection (CBP) regarding the processing and status of duty drawback claims and responding to any CBP inquiries or requests for additional documentation related to the claims; and (g) perform all other duty drawback-related services for and on behalf of the Debtors that may be necessary or appropriate to maximize the recovery of duty drawback refunds, subject to the scope of services agreed upon in writing by both parties. The firm will be compensated on a contingency basis equal to 18 percent of all gross savings and/or refunds realized as a result of its work, plus reimbursement. Sydnee Morfin-Goodell, a senior drawback executive at CITTA Brokerage Company, 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 through: Sydnee Morfin-Goodell CITTA Brokerage Company 2225 Washington Blvd., Suite 375 Ogden, UT 84401 About Ample Inc. Ample Inc. is an electric vehicle technology firm specializing in battery-swapping platforms and infrastructure. The company develops modular systems that allow EVs to replace batteries quickly, supporting continuous operation without lengthy charging intervals. Ample Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 25-90817) on December 16, 2025. In its petition, the Debtor reports estimated assets between $10 million and $50 million and estimated liabilities between $50 million and $100 million. Honorable Bankruptcy Judge Christopher M. Lopez handles the case. The Debtor is represented by Hugh Massey Ray, III, Esq. of Pillsbury Winthrop Shaw Pittman LLP. Twelve Bridge Capital, LLC, as DIP lender, is represented by Michael Fishel, Esq., at FISHEL LAW GROUP, in Houston, Texas. ANTELOPE HOSPITALITY: Creditors to Get Proceeds From Liquidation ---------------------------------------------------------------- Antelope Hospitality LLC filed with the U.S. Bankruptcy Court for the District of Arizona a Disclosure Statement in support of Plan of Plan of Liquidation dated June 22, 2026. The Debtor is an Arizona member-managed limited liability company. At the time of its formation, Debtor had five members: (1) Ruchit Patel; (2) Suresh Patel; (3) Hasmukhbhai Patel; (4) Rajesh Patel; and (5) Prahladbhai Patel. In June 2024, it obtained an equity infusion of $1,070,000 in exchange for granting 50% of the membership interests to three new members: (1) Hardik Shah, as trustee of the Cosmos Software Consulting Inc. Trust; (2) Deval Shah, as trustee of the Devshah 401(k) Trust; and (3) Amratbhai Patel. The Debtor owns the Hotel, which is located at 287 N. Lake Powell Blvd, Page, AZ 86040. During the pendency of this case, Debtor rejected its franchise agreement with Choice Hotels (the owner of the Quality Inn tradename and trademarks). Since then, Debtor has been operated independently under the name Scenic View Inn – Lake Powell. The Debtor received several offers to purchase the Hotels, but none of the offers exceeded $8,000,000. At the time of filing of this Disclosure Statement, Debtor is in the process of drafting and executing a definitive purchase and sale agreement with a buyer that Debtor believes to be well qualified, for a sale price of $8,000,000. The Plan proposes the liquidation of Debtor and distributions to creditors in accordance with the priorities set forth in the Bankruptcy Code and as agreed under the Plan. In short, the Plan proposes the liquidation of Debtor's assets and the distribution of the liquidation proceeds to creditors holding allowed claims in the order of their respective priority. The Debtor operates a hotel known as Scenic View Inn Lake Powell in Page, Arizona. Payments to creditors under the Plan will be funded primarily from the sale of the Hotel and related personal property, expected to be completed by December 31, 2026. Class 7 consists of General Unsecured Claims. Will receive their respective pro-rata share of any proceeds from the liquidation of the Estate, including without limitation any funds recovered by the Disbursing Agent. Distributions shall be made in the amounts and in a frequency to be determined by the Disbursing Agent in their discretion, provided that the Disbursing Agent shall use reasonable efforts to complete the liquidation of the Estate and make the final distribution payment no later than three years from the Effective Date. This class is impaired. Holders of equity interests in Debtor will not receive or retain any money or property on account of their Interests unless and until all Allowed Claims have been paid in full. The Debtor has entered or intends to enter into a contract for the sale of the Hotel and related personal property to a third-party for the sum of $8 million. As soon as reasonably practicable, Debtor will file a motion to approve the sale of the Hotel free and clear of liens, claims and encumbrances pursuant to Section 363(f) of the Bankruptcy Code. NAI Horizon, as the broker responsible for procuring the sale, and whose employment was approved by the Court pursuant to Section 327 of the Bankruptcy Code by Order entered on February 10, 2026, will be paid a commission upon the closing of the sale equal to 4% of the gross sale price. The remaining proceeds, net of ordinary and reasonable closing costs, will be distributed to the holders of Allowed Secured Claims in Classes 1 through 3 of The Plan in order of their respective priority. To the extent there are any remaining funds after such payments are made, they shall be transferred to the Debtor (if the closing of the sale occurs prior to the Effective Date) or to the Disbursing Agent (if the closing of the sale occurs on or after the Effective Date). Debtor anticipates that the sale of the Hotel will close no later than December 31, 2026. A full-text copy of the Disclosure Statement dated June 22, 2026 is available at https://urlcurt.com/u?l=o5AnY1 from PacerMonitor.com at no charge. About Antelope Hospitality Antelope Hospitality, LLC, doing business as Scenic View Inn, operates a full-service hotel in Page, Arizona. The hotel is positioned near major Northern Arizona attractions including Antelope Canyon, Horseshoe Bend, Glen Canyon National Recreation Area, Lake Powell, and local dining and shopping options, serving as a base for tourists, photographers, and adventurers. Antelope Hospitality filed for relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Ariz. Case No. 25-12347) on Dec. 22, 2025, listing up to $10 million in assets and up to $50 million in liabilities. Honorable Bankruptcy Judge Paul Sala handles the case. Engelman Berger, PC, led by Bradley D. Pack, is representing the Debtor. Antelope Hospitality's counsel: Bradley D. Pack, Esq. Engelman Berger, PC 2800 North Central Avenue Suite 1200 Phoenix, AZ 85004 Telephone: 9602) 271-9090 Facsimile: (602) 222-4999 E-mail: bdp@eblawyers.com Secured creditor First Utah Bank's counsel: Matthew H. Sloan, Esq. Jennings Haug Keleher McLeod Waterfall, LLP 2800 North Central Avenue, Suite 1800 Phoenix, AZ 85004-1049 Telephone: 602-234-7800 Facsimile: 602-277-5595 E-mail: mhs@jkwlawyers.com API HOLDINGS: S&P Withdraws 'CCC' Issuer Credit Rating ------------------------------------------------------ S&P Global Ratings withdrew all its ratings on API Holdings III Corp., including the 'CCC' issuer credit rating and the 'B-' issue-level rating on its first-lien senior secured debt following repayment of all of its outstanding debt. At the time of the withdrawal, S&P's outlook on the company was negative. AQUABOUNTY TECHNOLOGIES: All Proposals Approved at Annual Meeting ----------------------------------------------------------------- AquaBounty Technologies, Inc. has announced the results of its Annual Meeting of Stockholders at which the Stockholders considered and voted on the five proposals, each of which is described in greater detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on May 1, 2026. As of the April 24, 2026 record date for the Annual Meeting, there were 5,147,204 shares of Common Stock and 263,753 shares of Series A Preferred Stock issued and outstanding. Each share of Common Stock was entitled to one vote on the matters to be considered at the Annual Meeting and each share of Series A Preferred Stock was entitled to twenty votes on the matters to be considered at the Annual Meeting. The total number of votes entitled to be cast at the Annual Meeting was 10,422,264. Shares of the Company's capital stock representing a total of 7,903,525 votes were present or represented by proxy at the Annual Meeting, representing approximately 75.8% of the Company's total number of votes entitled to be cast as of record date. The final voting results are: Proposal 1 – Election of Directors The stockholders elected each person named below to serve as a director on the Board of Directors of the Company for a one-year term of office until the next Annual Meeting, with each director to hold office until his or her successor is duly elected and qualified or until his or her earlier resignation or removal. The results of such vote were as follows: 1. Graydon Bensler * Votes For: 6,877,654 * Votes Withheld: 88,899 * Broker Non-Votes: 936,972 2. Braeden Lichti * Votes For: 6,936,626 * Votes Withheld: 29,927 * Broker Non-Votes: 936,972 3. Rick Sterling * Votes For: 6,822,911 * Votes Withheld: 143,642 * Broker Non-Votes: 936,972 4. Sylvia A. Wulf * Votes For: 6,932,565 * Votes Withheld: 33,988 * Broker Non-Votes: 936,972 Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm The stockholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. The results of such vote were as follows: * Votes For: 7,728,776 * Votes Against: 167,151 * Abstentions: 7,598 * Broker Non-Votes: 0 Proposal 3 – Approval of an Amendment to the Certificate of Incorporation, to Approve a Reverse Stock Split The stockholders approved the amendment, granting the Company's Board the discretion to effect a reverse stock split at a ratio ranging from 1-for-5 to 1-for-20, inclusive, with such ratio and the timing of the reverse stock split, if any, to be determined by the Board in its sole discretion (but in no event later than July 31, 2026). The results of such vote were as follows: * Votes For: 7,439,977 * Votes Against: 453,736 * Abstentions: 9,812 * Broker Non-Votes: 0 Proposal 4 – Non-Binding, Advisory Vote to Approve the Compensation of the Company's Named Executive Officers The stockholders approved, on a non-binding, advisory basis, the compensation paid to the Company's named executive officers. The results of such vote were as follows: * Votes For: 6,919,501 * Votes Against: 42,280 * Abstentions: 4,772 * Broker Non-Votes: 936,972 Proposal 5 – Approval of an Adjournment of the Meeting, if Necessary to Solicit Additional Votes The stockholders approved an adjournment to the meeting, which was not necessary. The results of such vote were as follows: * Votes For: 7,679,072 * Votes Against: 219,411 * Abstentions: 5,042 * Broker Non-Votes: 0 About AquaBounty AquaBounty Technologies, Inc., headquartered in Harvard, Massachusetts, develops genetically engineered Atlantic salmon and previously operated farms in Indiana and Canada, which it has sold along with associated intellectual property, trademarks, and patents. Its primary remaining asset is the Ohio Farm Project in the U.S., consisting of land, construction in progress, and equipment. The Company is focused on realizing the potential of this asset through new investment, partnerships, or other strategic options. In its audit report dated March 31, 2026, Deloitte & Touche LLP issued a "going concern" qualification citing that the Company has limited operating assets and incurred cumulative net losses that raise substantial doubt about its ability to continue as a going concern. As of March 31, 2026, the Company had $10.2 million in total assets, $12.4 million in total liabilities, and $2.1 million in total stockholders' deficit. ARC PRIMARY: Gets Interim OK to Use Cash Collateral Until July 22 ----------------------------------------------------------------- ARC Primary Care, LLC received another extension from the U.S. Bankruptcy Court for the Southern District of Texas, McAllen Division, to use cash collateral. The court entered a second interim order authorizing the Debtor to use cash collateral through July 22 in accordance with its 30-day budget, which projects total operational expenses of $569,452.98. Under the second interim order, the Debtor is permitted to exceed individual budget line items by up to 10% on a cumulative basis, provided such expenses are reasonable, incurred in the ordinary course, and do not cause overall spending for the period to exceed the approved budget by more than 10%. Additional expenditures beyond that threshold are prohibited, except for court-authorized payments to designated critical vendors. Any other deviations from the approved budget are not permitted. The Debtor's authority to use cash collateral automatically terminates upon dismissal or conversion of its bankruptcy case, appointment of a Chapter 11 trustee, confirmation of a Chapter 11 plan, expiration or material breach of the interim order. As adequate protection, secured creditors holding perfected security interests in cash collateral as of the petition date will be granted replacement liens on post-petition accounts receivable, contract rights, and deposit accounts. These replacement liens maintain the same validity, extent, and priority as the secured creditors' pre-petition liens. The interim order includes a carveout subordinate to secured creditors' liens for payment of court fees, U.S. Trustee fees, and up to $15,000 for a trustee's fees and expenses. The order required all of the Debtor's bank accounts, including those at Lonestar National Bank, to be immediately unfrozen and allowed banks to continue normal cash management operations. The order is available at http://bankrupt.com/misc/ARCPrimary_2ICCOrder62.pdf A final hearing is scheduled for July 21, with objections due by July 14. About ARC Primary Care LLC ARC Primary Care, LLC, doing business as Happy Valley Home Care, provides home care services in Edinburg, Texas. It offers private duty nursing, primary home care, and 24-hour medical support at home, including skilled nursing care and physician-prescribed treatments such as ventilator care, tracheostomy aspiration care, nasopharyngeal treatments, and gastrostomy feedings. It serves children under age 21 with serious medical conditions and works with the Texas STAR Kids program and listed insurers. ARC Primary Care sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-70143) on May 15, 2026. In the petition signed by Richard Troy Nelson, managing member, the Debtor disclosed up to $500,000 in assets and up to $10 million in liabilities. Judge Eduardo V Rodriguez oversees the case. Robert C. Lane, Esq., at The Lane Law Firm, represents the Debtor as bankruptcy counsel. ASCEND ELEMENTS: Court OKs Chapter 11 Sale, Minor Asset Rules ------------------------------------------------------------- Emlyn Cameron of Law360 Bankruptcy Authority reports that battery recycler Ascend Elements Inc. received bankruptcy court approval Monday to complete the sale of its Covington, Georgia, assets while also securing authority to implement procedures governing the disposition of its remaining minor assets. The orders advance the company's ongoing Chapter 11 liquidation strategy. The Westborough, Massachusetts-based company specializes in recycling lithium-ion batteries and producing sustainable battery materials for electric vehicles. After filing for Chapter 11 earlier this year amid mounting financial pressure, Ascend has pursued a series of asset sales designed to preserve value for creditors, the report cites. Under the approved procedures, Ascend may sell, abandon or otherwise dispose of low-value assets through a simplified process, avoiding repeated court hearings. The company has argued that the streamlined approach will reduce expenses and facilitate an efficient conclusion to its bankruptcy case, according to report. About Ascend Elements, Inc. Ascend Elements is an advanced manufacturing and recycling company dedicated to producing sustainable lithium-ion battery materials. Founded in 2015, the company operates from its headquarters in Westborough, Massachusetts, and serves the growing electric vehicle supply chain. Ascend Elements sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90440) on April 9, 2026. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $500,000 and $1 million. Honorable Bankruptcy Judge Christopher M. Lopez handles the case. The Debtor is represented by Ryan E. Manns, Esq., of Norton Rose Fulbright US LLP. ASCENT SOLAR: Jane Street Group Holds 5.3% Equity Stake ------------------------------------------------------- Jane Street Group, LLC, Jane Street Capital, LLC, and Jane Street Global Trading, LLC, disclosed in a Schedule 13G filed with the U.S. Securities and Exchange Commission that as of June 17, 2026, Jane Street Group, LLC beneficially owns 501,891 shares of Common Stock -- held through its subsidiaries, with Jane Street Capital, LLC holding 214,499 shares and Jane Street Global Trading, LLC holding 287,392 shares, all with shared voting and dispositive power -- of Ascent Solar Technologies, Inc.'s Common Stock, $0.0001 par value per share, representing 5.3% of the outstanding shares. Jane Street Group, LLC may be reached through: Jeremy Kahn 250 Vesey Street, 3rd Floor New York, NY 10281 Tel: 212-651-6069 A full-text copy of Jane Street Group, LLC's SEC report is available at https://tinyurl.com/4e3spkzp About Ascent Solar Technologies, Inc. Ascent Solar Technologies, Inc. is a solar technology Company based in Thornton, Colorado, that manufactures and sells photovoltaic solar modules that are flexible, durable, and possess attractive power-to-weight and power-to-area performance. Its technology provides renewable power solutions to high-value production and specialty solar markets where traditional rigid solar panels are not suitable, including space power beaming, aerospace, satellites, near-Earth orbiting vehicles, fixed-wing unmanned aerial vehicles, aquatic, terrestrial, and other weight-sensitive markets (including DoD drone and space operations) with transformational, high-quality, value-added product applications. The Company operates in these target markets because they have highly specialized needs for power generation and offer attractive pricing due to the significant technological requirements. Salt Lake City, Utah-based Haynie, the Company's auditor since 2023, issued a "going concern" qualification in its report dated March 20, 2026, attached to the Company's Annual Report for the fiscal year ended December 31, 2025, citing that the Company has had limited production which has led to the Company being dependent on outside financing to fund its operations. There is no assurance that the Company will be able to raise additional capital and cash on hand is not sufficient to sustain operations. These factors raise substantial doubt about its ability to continue as a going concern. As of December 31, 2025, the Company had $6.33 million in total assets, $2.99 million in total liabilities, and $3.34 million in total stockholders' equity. ATERIAN INC: Declares CVR Dividend Tied to Asset Sale ----------------------------------------------------- Aterian Inc.'s board of directors declared a dividend of contingent value rights for common stockholders and certain warrant holders tied to its pending asset sale and investment transaction. The company said in a Form 8-K filing with the Securities and Exchange Commission that the dividend record date is the close of business July 8, 2026, though the board or an authorized committee may change the record date before the payment date. The dividend would provide one CVR for each common share held, or issuable upon exercise of participating warrants, as of the record date. Holders of preferred stock will not receive CVRs or participate in the dividend. The payment date will be set by subsequent board or committee resolutions and will be within 60 days after the record date, but not later than Sept. 4, 2026. Payment is conditioned on the board or committee not revoking the dividend before payment, including because of a material change in the solvency or surplus analysis presented to the board. Aterian said it intends to distribute to stockholders, through the contingent value right, a portion of its remaining available cash and certain proceeds that may be received in connection with the asset sale, the investment transaction and other specified assets or recoveries. The company said the timing and amounts remain unknown and depend on closing the asset sale and investment transaction and receiving necessary stockholder approvals. About Aterian, Inc. Aterian Inc. is a consumer products company based in Summit, New Jersey, that operates primarily through online retail channels including Amazon, Walmart, Target and its direct-to-consumer websites. The company operates owned brands that were incubated or acquired and sells products across categories including home and kitchen appliances, kitchenware, air quality appliances, health and beauty products and essential oils. Its primary brands include Squatty Potty, HomeLabs, Mueller Living, PurSteam, Healing Solutions and Photo Paper Direct, with substantially all sales made through the Amazon U.S. marketplace. In an audit report dated March 20, 2026, UHY LLP included a going-concern paragraph, citing recurring losses from operations, recurring negative operating cash flows since inception and potential inability to fund day-to-day operations or remain in compliance with credit-facility financial covenants. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the company reported total assets of $22.2 million, total liabilities of $12.67 million and stockholders' equity of $9.53 million. ATLANTIC INTERNATIONAL: Regains Compliance With Nasdaq Requirement ------------------------------------------------------------------ Atlantic International Corp. reported first-quarter revenue of about $249.9 million and said Nasdaq closed a filing compliance matter, according to press releases furnished as exhibits to a Form 8-K filed with the Securities and Exchange Commission. Revenue for the quarter ended March 31 rose 143% from $102.8 million in the same period a year earlier, and gross profit rose 92% to about $21.4 million from $11.2 million, the company said. Atlantic said it had $24.1 million in cash and cash equivalents as of March 31. It also said combined operations exceed $1.1 billion of annualized revenue following its January acquisition of Circle8. The company separately said Seven Stars B.V., within Circle8 Group, won a four-year framework contract with the Dutch Vehicle Authority for specialized ICT professionals. Atlantic said the contract has a minimum value of about $52 million and followed a separate public-sector award of about $380 million. Nasdaq notified the company in June 23 that, based on the filing of its quarterly report for the period ended March 31, the company regained compliance with Nasdaq Listing Rule 5250(c)(1) and the matter was closed. About Atlantic International Atlantic International Corp. provides strategic staffing and workforce solutions. Its business includes Lyneer, a staffing platform, and Circle8, a European information-technology staffing and workforce-services business acquired in January 2026. Circle8 provides technology staffing services to enterprises, technology companies, financial institutions and public-sector organizations, including software development, data analytics, cybersecurity, project-management and emerging-technology roles. In an audit report dated April 15, 2026, RBSM LLP issued a going-concern qualification, citing an accumulated deficit, recurring losses and expected future losses. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the company reported total assets of $981.05 million, total liabilities of $926.31 million, and stockholders' equity of $42.43 million. AVANTGARDE SENIOR: Commences Chapter 11 Bankruptcy in California ---------------------------------------------------------------- On June 29, Avantgarde Senior Living and its debtor affiliate filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Central District of California. Court records show the Debtor lists between $10 million and $50 million in liabilities owed to various creditors. Both the Statement of Financial Affairs (Form 107 or 207) and the Disclosure of Compensation of Attorney for Debtor (Form 2030) must be filed by July 13, 2026. About Avantgarde Senior Living Avantgarde Senior Living operates senior housing and assisted living communities in Tarzana, California, offering residential care services for elderly individuals. Avantgarde Senior Living sought Chapter 11 relief under the U.S. Bankruptcy Code (Bankr. Case No. 26-11397) on June 29. The filing indicates estimated assets and liabilities each ranging from $10 million to $50 million. The case is assigned to Honorable Bankruptcy Judge Martin R. Barash. The Debtor is represented by Ron Bender, Esq. of Levene, Neale, Bender, Yoo & Golubchik L.L.P. BAHNASY 2024: Commences Chapter 11 Bankruptcy in New York --------------------------------------------------------- On June 25, 2026, Bahnasy 2024 Steinway Street LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of New York. According to the court filing, the Debtor reports between $1 million and $10 million in debt owed to 1–49 creditors. The filing follows a 2025 foreclosure judgment of approximately $3 million related to the property, which the company acquired in 2015. A meeting of creditors filed by the Office of the United States Trustee under 341(a) to be held on July 27, 2026 at 12:00 PM at USA Toll-Free (888) 330-1716, USA Caller Paid/International Toll (713) 353-7024, Access Code 6982178. The Chapter 11 plan and disclosure statement must be filed by October 23, 2026. About Bahnasy 2024 Steinway Street LLC Bahnasy 2024 Steinway Street LLC is a Long Island City, New York-based lessor of nonresidential buildings. The company manages a mixed-use commercial property on Steinway Street in Astoria, Queens, consisting of retail and residential units. Bahnasy 2024 Steinway Street LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. not provided) on June 25, 2026. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Jil Mazer-Marino handles the case. The Debtor's counsel is not listed in the information provided. BALTIMORE INTERNATIONAL: Unsecureds Will Get 10% over 5 Years ------------------------------------------------------------- Baltimore International Warehousing & Transportation, Inc. filed with the U.S. Bankruptcy Court for the District of Maryland a Subchapter V Plan of Reorganization dated June 22, 2026. The Debtor is a Maryland corporation founded in 1987 with its principal offices located at 7646-56 Canton Center Drive, Baltimore, Maryland 21224. The Debtor specializes in providing third-party logistics services, such as warehousing and transportation, for domestic and international supply chains. The Debtor had operated five (and now operates three) warehouse facilities in close proximity to the Port of Baltimore, totaling over 1,000,000 SF (now 266,680 SF) of warehousing space. The Debtor's operations involve a wide range of warehousing services and logistical support, including but not limited to Electronic Data Interchange Integrations, packing and crating, cross docking, transloading, palletization, inventory control, labeling, and food grade storage. The Debtor began experiencing financial difficulties in May of 2025, following the loss of its largest account (the "Account"), a major food distributor, as a result of the distributor's decision to relocate its inventory storage facilities to another state. The Account generated approximately 70% of the Debtor's revenue until May 2025. Since then, the Debtor serviced approximately 30% of the historical Account. However, the Debtor will no longer maintain the Account as of the end of January 2026. The Debtor filed the instant bankruptcy petition primarily as a result of the loss of the Account. Since May 2025, the Debtor has experienced significant cashflow problems in making full payments towards its warehousing leases. Without the Account, the Debtor has been forced to lay off employees and reduce its overhead. In order to provide time to restructure its business operations, the Debtor filed the instant bankruptcy case on January 22, 2026. During the course of this bankruptcy proceeding, the Debtor has rejected the two leases for the warehouses it has vacated, resulting in significant rejection damages claims against the bankruptcy Estate. Without those ongoing lease obligations and with the related reduction in overhead costs, the Debtor expects to operate profitably and, thereby, fund this Plan. Class IV consists of Allowed Unsecured Claims. Unless otherwise objected to under Article XX, Creditors with Allowed Unsecured Claims shall be paid on a pro rata basis, by quarterly installment payments in the amount of $45,000 over five years, for a total of $900,000. The allowed unsecured claims total $9,402,507.95 based upon filed claims and anticipated claim objections/withdraws. This Class will receive a distribution of 10% of their allowed claims. Class V consists of 100% stockholder (Sue Monoghan). The ownership interests in the Debtor shall be retained pursuant to Section 1191 of the Bankruptcy Code. During the term of this Plan and pursuant to the Plan, the Debtor shall submit its disposable income (or value of such disposable income) to the Plan for payment to its Creditors as specified herein. The disposable income shall be equal to the amount necessary for the performance of this Plan. All disposable income shall be derived from the Debtor's business operations. In addition to its disposable income, any funds received by the Debtor in connection with the prosecution of any Avoidance Actions either before or after confirmation of the Plan will be used to fund the Debtor's operations and Plan payments. The value of the property to be distributed under the Plan during the term of the Plan is not less than the Debtor's projected disposable income for that same period. The Plan also provides for the payment in full of Allowed Secured Claims, Allowed Administrative Expense Claims, and Allowed Priority Claims in accordance with the Bankruptcy Code. Creditors holding Allowed Unsecured Claims will receive distributions on a pro rata basis which the Debtor has valued at approximately ten percent. A full-text copy of the Plan of Reorganization dated June 22, 2026 is available at https://urlcurt.com/u?l=4v72eH from PacerMonitor.com at no charge. Counsel to the Debtor: Alan M. Grochal, Esq. Joseph M. Selba, Esq. Megan Young, Esq. Tydings & Rosenberg LLP 1 East Pratt Street, Suite 901 Baltimore, MD 21202 Telephone: (410) 752-9700 E-mail: sgerald@tydings.com About Baltimore International Warehousing & Transportation, Inc. Baltimore International Warehousing & Transportation, Inc. provides warehousing, transportation, and logistics services, including distribution, freight handling, bonded storage, container freight station operations, and related cargo services. The Company operates in Baltimore, Maryland, serving importers, exporters, and transportation providers, with facilities located near the Port of Baltimore and supporting domestic and international freight movements. Baltimore filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Md. Case No. 26-10737) on Jan. 22, 2026, with $1 million to $10 million in assets and liabilities. Sue Monaghan, president of Baltimore, signed the petition. Joseph Selba, at Tydings & Rosenberg, LLP, is serving as counsel to the Debtor. BLUE IVY: Gets Interim OK to Use Cash Collateral ------------------------------------------------ Blue Ivy, LLC received interim approval from the U.S. Bankruptcy Court for the District of Massachusetts to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral in accordance with its budget through July 7. As adequate protection, the Debtor's secured lenders including Newburyport Five Cent Savings Bank and the Town of Essex, Massachusetts, will be granted replacement liens on all post-petition assets with the same priority, validity and enforceability as their pre-petition liens to the extent of the diminution in value of their cash collateral. A continued hearing is scheduled for July 7, with objections due by July 6. The interim order is available at https://urlcurt.com/u?l=CMe3FI from PacerMonitor.com. About Blue Ivy LLC Blue Ivy, LLC is a Massachusetts-based limited liability company engaged in business operations and investment activities. The company manages commercial interests and related assets. Blue Ivy, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-11363) on June 9, 2026. In its petition, the Debtor reported estimated assets of $1 million-$10 million and estimated liabilities of $1 million-$10 million. Honorable Bankruptcy Judge Janet E. Bostwick handles the case. The Debtor is represented by Conner B. Verreaux, Esq. of Murphy & King, P.C. BREASHEARS ROOFING: Seeks to Tap Mesa Springs Tax as Accountant --------------------------------------------------------------- Breashears Roofing seeks approval from the U.S. Bankruptcy Court for the District of Colorado to employ Mesa Springs Tax & Accounting, Inc. as accountant. The firm will prepare and file the Debtor's 2025 federal and state tax returns. The firm will be paid at a flat fee of $1,250 plus an addition of $285 per hour to the extent the returns require significant work above and beyond the ordinary course of tax preparation/planning work. Nick Tremaroli, CPA, a partner at Mesa Springs Tax & Accounting, 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 through: Nick Tremaroli, CPA Mesa Springs Tax & Accounting, Inc. 1025 W. Fillmore, St. D Colorado Springs, CO 80907 About Breashears Roofing Breashears Roofing is a Monument, Colorado-based roofing contractor providing commercial and residential roofing services to commercial property owners, homeowners, property managers, and building owners. It serves the greater Colorado Springs area, the Western Slope, and the Intermountain area. Breashears Roofing filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Colo. Case No. 26-14092) on June 8, 2026, with $100,001 to $500,000 in assets and $1 million to $10 million in liabilities. Judge Thomas B. McNamara presides over the case. The Debtor tapped Jonathan Dickey, Esq., at Kutner Brinen Dickey Riley, PC as counsel and Mesa Springs Tax & Accounting, Inc. as accountant. BUILTTOSUIT USA: Gets Interim OK to Use Cash Collateral ------------------------------------------------------- BuiltToSuit USA, LLC on June 30 received interim approval from the U.S. Bankruptcy Court for the Southern District of Florida, West Palm Beach Division, to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral for court-approved payments and current expenses set forth in its budget. This authorization will continue until further court order. The creditors that may claim interests in the cash collateral are Bluevine Capital, Inc., IOU Central, Inc., Samson MCA, LLC, and SQ Advance LLC (Square Advance). Each of these creditors allegedly claims a security interest in the Debtor's accounts and accounts receivable under merchant cash advance agreements. Additionally, C T Corporation System filed UCC-1 financing statements in Florida in February and May, claiming a security interest in all of the Debtor's accounts. As adequate protection, each creditor with a security interest in cash collateral will have a perfected replacement lien, with the same validity, priority and extent as its pre-petition lien. The Debtor acknowledges these asserted liens only to the extent they may be valid, while reserving the right to dispute their enforceability, priority, and extent. The order is available at http://bankrupt.com/misc/BuilttosuitUSA_ICCOrder30.pdf The next hearing is scheduled for July 15. About Builttosuit USA LLC Builttosuit USA, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-17598) on June 10, 2026, with $1 million to $10 million in assets and $500,001 to $1 million in liabilities. Craig I. Kelley, Esq., represents the Debtor as legal counsel. Tarek Kiem, Esq., at Kiem Law, PLLC serves as Subchapter V trustee for the Debtor. CAROLINA EARTHWERX: Gets Interim OK to Use Cash Collateral ---------------------------------------------------------- Carolina Earthwerx, LLC received interim approval from the U.S. Bankruptcy Court for the Eastern District of North Carolina, New Bern Division, to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral in accordance with a budget covering July 1 to 31, subject to a 10% variance for each line item. The 30-day budget projects total operational expenses of $59,318.81. The secured creditors that may have liens on the cash collateral are Commercial Credit Group, Inc. and Commercial Credit, Inc., which hold several UCC financing statements. In addition, CT Corporation System is listed as having filed a UCC-1 financing statement on behalf of an unidentified secured creditor. The Debtor recognizes that these creditors may have enforceable security interests in cash and receivables that qualify as cash collateral. As adequate protection, secured creditors will be granted post-petition liens on assets acquired after the bankruptcy filing to the same extent that valid, perfected, and enforceable pre-petition liens existed. The Debtor preserves its right, along with the rights of the bankruptcy estate, creditors, and any future committee, to challenge the validity, priority, or extent of those pre-petition liens and related post-petition protections. The order remains effective until July 31, unless terminated earlier by court order or replaced by another cash collateral order. The order is available at http://bankrupt.com/misc/CarolinaEarthwerx_ICCOrder18.pdf A further hearing is scheduled for July 23. About Carolina Earthwerx LLC Carolina Earthwerx, LLC provides excavation, grading, and land-clearing services in eastern North Carolina. Carolina Earthwerx filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. E.D. N.C. Case No. 26-02509) on June 3, 2026, with up to $500,000 in assets and up to $10 million in liabilities. Cody Kubinak, member, signed the petition. Judge Pamela W. McAfee oversees the case. George Mason Oliver, Esq., at The Law Offices of George Oliver, PLLC, represents the Debtor as bankruptcy counsel. The U.S. Bankruptcy Administrator for the Eastern District of North Carolina appointed John Rhyne as Subchapter V trustee for the Debtor. CERO THERAPEUTICS: Borrows $663,600 Under Restated Note ------------------------------------------------------- CERo Therapeutics Holdings Inc. entered into an amended and restated promissory note with SRX Health Solutions Inc. on June 23, according to a Form 8-K filing with the Securities and Exchange Commission. The note increased the maximum loan amount to $1.41 million, including $750,000 funded under the original May 28 note and an additional $663,600 funded June 23. The note bears 10% annual interest, matures May 28, 2027, and is convertible into common stock. SRX may convert principal and accrued interest at the lesser of 5 cents a share or 80% of the average of the five lowest intraday trading prices during the 20 days before conversion. The conversion terms are subject to adjustments and limitations, including a 4.99% beneficial ownership cap. CERO said it must prepare and file a resale registration statement covering shares issuable upon conversion of the note. The company said the note was issued in reliance on exemptions from Securities Act registration and that the note and underlying shares may not be sold in the United States absent registration or an applicable exemption. About CERO Therapeutics CERo Therapeutics Holdings Inc. is an immunotherapy company based in South San Francisco, California, advancing engineered T-cell therapeutics for cancer. Its CER-T cellular immunotherapy platform redirects patient-derived T cells to destroy tumors through cytotoxic and phagocytic mechanisms. Its lead molecule, CER-1236, is an autologous T-cell product targeting TIM-4 ligand, and the company's development work includes acute myeloid leukemia and solid tumor indications such as non-small cell lung cancer and ovarian cancer. In an audit report dated April 15, 2026, Salberg & Company, P.A., included a going-concern paragraph, citing no revenue during 2025, a $19.9 million net loss, $16.1 million of cash used in operations. The company also had a $90.8 million accumulated deficit, a $5.4 million stockholders' deficit and a $6.4 million working capital deficit as of Dec. 31, 2025. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the company reported total assets of $2.21 million, total liabilities of $11.46 million and stockholders' deficit of $9.26 million. CHELSEA BUSINESS: Hires Matthews Real Estate Investment as Broker ----------------------------------------------------------------- Chelsea Business Properties, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of New York to employ Matthews Real Estate Investment Services, Inc. as real estate broker. The firm's services include: (a) provide advice and guidance to the Debtor and its counsel as to market conditions and strategies to maximize the value of its property for sale; (b) market list the Debtor's property for sale; (c) consult and advise the Debtor and its counsel with regard to negotiation of price and terms of potential sales; (d) provide such other necessary services typically provided by brokers listing residential properties in the geographic area of the property. The firm will receive a commission of 4 percent of the property's sale price. Cory Rosenthal, a real estate agent at Matthews Real Estate Investment Services, 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 through: Cory Rosenthal Matthews Real Estate Investment Services, Inc. 1600 West End, Ste. 1500 Nashville, TN 37203 About Chelsea Business Properties LLC Chelsea Business Properties LLC is a New York limited liability company that owns a commercial building located at 144 Eighth Avenue in Manhattan and operates as a single asset real estate entity. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 26-10380) on February 24, 2026. In the petition signed by Kenneth Choi, manager and operating member, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Philip Bentley oversees the case. Sally Siconolfi, Esq., at Siconolfi PLLC represents the Debtor as counsel. CIBUS INC: Registers 4.08M More Shares Under 2017 Incentive Plan ---------------------------------------------------------------- Cibus Inc. filed a Registration Statement Pursuant to General Instruction E to Form S-8, for the purpose of registering an additional 4,080,827 shares of Class A common stock, par value $0.0001 per share, of the Company authorized for issuance pursuant to the Cibus, Inc. 2017 Omnibus Incentive Plan, as amended, which is the same class as the securities previously registered for issuance thereunder on effective Registration Statements on Form S-8 filed with the Securities and Exchange Commission on July 20, 2017 (File No. 333-219382), May 9, 2019 (File No. 333-231336), July 16, 2021 (File No. 333-257972), March 2, 2023 (File No. 333-270245), May 24, 2023 (File No. 333-272177), June 30, 2023 (File No. 333-273069) and March 24, 2025 (File No. 333-286065). A full text copy of the Registration Statement is available at https://tinyurl.com/mt9zkzxs About Cibus Cibus Inc. is an agricultural biotechnology company based in San Diego, California. It develops genetic traits for major food crops using its proprietary gene-editing platform, the Rapid Trait Development System. The Company's technology aims to improve crop productivity and resilience by addressing challenges such as pests, diseases, and environmental stressors. San Diego, Calif.-based BDO USA, P.C., the Company's auditor since 2023, issued a "going concern" qualification in its report dated March 17, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025. The report highlights that the Company has suffered recurring losses from operations and negative cash flows from operations that raise substantial doubt about its ability to continue as a going concern. As of March 31, 2026, the Company had $324.2 million in total assets, $288.7 million in total liabilities, and $35.5 million in total stockholders' equity. CURIS INC: Stockholders Approve 1-for-5 to 1-for-25 Stock Split --------------------------------------------------------------- Curis, Inc. stockholders approved a reverse stock split proposal at a June 25 special meeting, according to a Form 8-K filing with the Securities and Exchange Commission. The proposal authorizes amendments to the company's restated certificate of incorporation to effect a reverse split at a ratio from 1-for-5 to 1-for-25, with the exact ratio to be determined by the board. Curis said the board may abandon the amendment even after stockholder approval. The reverse-split proposal received 26.9 million votes for, 751,966 against and 123,820 abstentions, with no broker non-votes. Stockholders also approved an adjournment proposal, though no adjournment was needed because the reverse-split proposal passed. About Curis Inc. Curis, Inc. is a clinical-stage biotechnology company developing drug candidates for cancer and related serious diseases. The Company's programs include precision oncology and small-molecule therapeutics. Curis was organized as a Delaware corporation in 2000 and is based in Lexington, Massachusetts. In an audit report dated March 24, 2026, PricewaterhouseCoopers LLP included a going concern paragraph, citing recurring losses and cash outflows from operations. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, CURIS INC reported total assets of $29.69 million, total liabilities of $16.98 million and stockholders' equity of $12.71 million. CURIS INC: Stockholders OK 1-for-5 to 1-for-25 Reverse Split ------------------------------------------------------------ Curis Inc. has announced the results of its special meeting of stockholders at which the Company's stockholders voted on two proposals, each of which is described in the Company's definitive Proxy Statement for the Special Meeting filed with the Securities and Exchange Commission on June 5, 2026. The voting results are: Proposal 1: The proposal to adopt and approve amendments to the Company's Restated Certificate of Incorporation, as amended, to effect a reverse stock split of the Company's issued shares of common stock, by a ratio ranging from any whole number between 1-for-5 and 1-for-25, as determined by the Company's Board of Directors in its discretion, subject to the Board's authority to abandon such amendments was adopted and approved: * Votes For: 26,898,163 * Votes Against: 751,966 * Abstentions: 123,820 * Broker Non-Votes: -- Proposal 2: The proposal to adjourn the Special Meeting, if necessary, to solicit additional proxies in the event there are insufficient votes to approve Proposal 1 was approved: * Votes For: 26,935,929 * Votes Against: 602,625 * Abstentions: 235,395 * Broker Non-Votes: -- Although Proposal 2 was approved, an adjournment of the Special Meeting was not necessary because the Company's stockholders approved Proposal 1. About Curis Inc. Curis Inc. is a biotechnology company focused on developing emavusertib, also known as CA-4948, an orally available small-molecule inhibitor of IRAK4 and FLT3. Emavusertib is being evaluated in the TakeAim Lymphoma Phase 1/2 study in relapsed or refractory primary central nervous system lymphoma in combination with ibrutinib and in a Phase 2 chronic lymphocytic leukemia combination study with zanubrutinib. The company has an exclusive license to emavusertib through a 2015 collaboration with Aurigene Discovery Technologies Ltd. Curis is headquartered in Lexington, Massachusetts. In an audit report dated March 24, 2026, PricewaterhouseCoopers LLP said Curis had incurred recurring losses and cash outflows from operations that raised substantial doubt about its ability to continue as a going concern. As of March 31, 2026, Curis reported total assets of $29.69 million, total liabilities of $16.98 million and total stockholders' equity of $12.71 million. DARE BIOSCIENCE: Registers 1.5M More Shares Under Amended 2022 Plan ------------------------------------------------------------------- Dare Bioscience, Inc. filed a Registration Statement on Form S-8 with the U.S. Securities and Exchange Commission for the purpose of registering an additional 1,500,000 shares of its common stock that may be issued under the Dare 2022 Stock Incentive Plan, as amended by Amendment No. 1 to Dare 2022 Stock Incentive Plan and by Amendment No. 2 to Dare 2022 Stock Incentive Plan. At Dare's annual meeting of stockholders held on June 11, 2026, Dare's stockholders approved Amendment No. 2 to increase the number of shares of common stock reserved for issuance of awards under the 2022 Plan by 1,500,000. Dare previously filed the following registration statements with the Commission to register the following number of shares of its common stock for issuance under the 2022 Plan: (a) a Registration Statement on Form S-8 filed on August 9, 2022 (File No. 333-266699) to register 1,349,479 shares of common stock (after giving effect to the 1-for-12 reverse stock split effected in June 2024), and (b) a Registration Statement on Form S-8 filed on August 14, 2025 (File No. 333-289607) to register 600,000 shares of common stock. This Registration Statement registers an additional 1,500,000 shares of Dare's common stock for issuance under the 2022 Plan, thereby increasing the total number of shares of Dare's common stock available for issuance under the 2022 Plan to 3,449,479. This Registration Statement relates to securities of the same class as those registered under the Prior Registration Statements and is being filed in accordance with General Instruction E to Form S-8. Pursuant to such instruction, the contents of the Prior Registration Statements related to the 2022 Plan are hereby incorporated by reference in and made part of this Registration Statement, except to the extent supplemented, superseded or modified by the specific information set forth below and/or the specific exhibits attached under Item 8 hereto, pursuant to Rule 412 under the Securities Act of 1933, as amended. In accordance with the instructional Note to Part I of Form S-8, the information specified by Part I of Form S-8 has been omitted from this Registration Statement for offers of common stock pursuant to the 2022 Plan. The documents containing the information specified in Part I will be delivered to the participants in the 2022 Plan as required by Rule 428(b)(1) under the Securities Act. A full text copy of the Registration Statement is available at https://tinyurl.com/4u3m7659 About Dare Bioscience Dare Bioscience, Inc. is a biopharmaceutical company committed to advancing innovative products for women's health. The Company's mission is to identify, develop, and bring to market a diverse portfolio of differentiated therapies that prioritize women's health and well-being, expand treatment options, and improve outcomes, primarily in the areas of contraception, vaginal health, reproductive health, menopause, sexual health, and fertility. Irvine, California-based Haskell & White LLP, the Company's auditor since 2023, issued a "going concern" qualification in its report dated March 26, 2026, citing that the Company's recurring losses from operations and its dependency on additional financing to fund operations, raise substantial doubt about the Company's ability to continue as a going concern. As of March 31, 2026, the Company had $27.8 million in total assets, $27.1 million in total liabilities, and $734,451 in total stockholders' equity. DEALER SOURCE: Seeks Subchapter V Bankruptcy in Texas ----------------------------------------------------- On June 23, 2026, Dealer Source ATX LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Western District of Texas. According to court filings, the Debtor reports between $500,000 and $1 million in debt owed to 1–49 creditors. A meeting of creditors under Section 341(a) set for July 20, 2026 at 01:00 PM via Via Phone: (888)330-1716; Code: 7659325. The Small Business Subchapter V Chapter 11 Plan is due by September 21, 2026. About Dealer Source ATX LLC Dealer Source ATX LLC, operating under the trade name Auto Enhancements, is a Pflugerville, Texas-based automotive aftermarket accessories and vehicle customization company. The company provides fleet upfitting, leather seat conversions, electronic installations, and other vehicle enhancement services, with approximately 85% of its business derived from B2B dealership contracts. Dealer Source ATX LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 26-11176) on June 23, 2026. In its petition, the Debtor reports estimated assets of $100,000 to $500,000 and estimated liabilities of $500,000 to $1 million. Honorable Bankruptcy Judge Shad M. Robinson handles the case. The Debtor is represented by Robert Chamless Lane, Esq. of The Lane Law Firm PLLC. DIESEL DEVELOPMENT: Plan Exclusivity Period Extended to July 10 --------------------------------------------------------------- Judge Carlota M. Bohm of the U.S. Bankruptcy Court for the Western District of Pennsylvania extended Diesel Development Systems, LLC's exclusive period to file a Chapter 11 plan to July 10, 2026. As shared by Troubled Company Reporter, the Debtor intended to sell its real property located at 9043 Marshall Road, Cranberry Township, PA 16066. The Debtor engaged the services of a real estate broker, who was appointed by Order of Court dated January 28, 2026. The sale of Debtor's property was intended to contribute to funding a feasible Chapter 11 plan of reorganization. The Debtor's real property has remained listed and marketed but has not received any offers. The Debtor explains that upon review with the accountant, the company believes that the non-filing operating entity has improved its financial position to the extent that it can make consistent rent payments to the Debtor, and that Debtor will be able to file a Plan of reorganization that can be funded through continued operations. Diesel Development Systems LLC is represented: Brian C. Thompson, Esq. Thompson Law Group, PC 301 Smith Drive, Suite 6 Cranberry Township, PA 16066 Telephone: (724) 799-8404 Facsimile: (724) 799-8409 E-mail: bthompson@thompsonattorney.com About Diesel Development Systems Diesel Development Systems, LLC, operates the Diesel Sports Complex, a sports and training facility located in Cranberry Township, Pennsylvania. The Company owns the 9043 Marshall Road property, which features indoor and outdoor turf fields used for athletic training and recreational events. Diesel Development Systems is classified under the amusement and recreation industry and conducts business primarily in western Pennsylvania. Diesel Development Systems filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Pa. Case No. 25-22796) on Oct. 17, 2025, listing up to $10 million in both assets and liabilities. Brian C. Thompson, at Thompson Law Group, PC, is serving as the Debtor's counsel. DIOCESE OF BURLINGTON: Creditors Want to Access to $500MM Assets ---------------------------------------------------------------- Kevin O'Connor of vtdigger reports that the survivors of clergy abuse are asking the bankruptcy court overseeing the Roman Catholic Diocese of Burlington's Chapter 11 case to allow access to approximately $500 million in parish assets held in individual trusts. The creditors' committee contends the trusts were established in 2006 to place parish property beyond the reach of abuse claimants and should be treated as part of the bankruptcy estate. The Vermont diocese filed for Chapter 11 after years of clergy abuse settlements substantially reduced its financial resources. Court records indicate the church has already paid $34.5 million to resolve dozens of claims and still faces 119 pending cases, prompting its effort to reorganize under bankruptcy protection, the report relays. At the center of the dispute are trusts created by former Bishop Salvatore Matano, who said at the time they were intended to protect parish assets for charitable and religious purposes. Attorneys for abuse survivors argue the transfers may have violated Vermont law governing fraudulent transfers because they allegedly sought to prevent creditors from reaching church property, according to vtdigger. The litigation threatens to complicate an already expensive bankruptcy proceeding that has incurred roughly $2 million in professional fees. As the diocese works to sell its headquarters and develop a restructuring plan, the bankruptcy court has warned that failure to present a viable proposal by September could lead to dismissal or conversion, exposing the church to renewed abuse litigation, the report cites. About Roman Catholic Diocese of Burlington Vermont The Roman Catholic Diocese of Burlington sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Vt. Case No. 24-10205) on Sept. 30, 2024. In the petition signed by Reverend John Joseph McDermott, bishop, the Debtor disclosed up to $50 million in assets and up to $10 million in liabilities. Judge Heather Z. Cooper oversees the case. The Debtor tapped James Baillie, Esq., at Fredrikson & Byron, PA as bankruptcy counsel and Obuchowski Law Office as local counsel. DIOCESE OF EL PASO: September 11 Proof of Claim Filing Deadline Set ------------------------------------------------------------------- Regardless of how old you are today or when the sexual abuse occurred, you need to file your claim so that it is received by September 11, 2026. The Diocese of El Paso (“Diocese”) has filed bankruptcy to restructure its nonprofit organization and pay Putative Abuse Survivors. Please read this notice carefully as it may impact your rights against the Diocese and provides information about the case, In re: Diocese of El Paso (Bankr. W.D. Tx.). This notice is a short summary. For more detail, go to https://cases.stretto.com/dioceseofelpaso or call (833) 345-0351. Who Should File a Claim? Anyone who alleges they were abused and believes the Diocese, or persons affiliated with the Diocese, may be responsible for the abuse must file a claim. This includes abuse in connection with any entity or activity associated with the Diocese, including schools, orphanages, parishes, or Catholic Charities. A list of such entities associated with the Diocese is available on the website or by calling the toll-free number listed below. If you have an abuse claim against any entity on that list, you may have a claim against the Diocese. Only the Diocese is in bankruptcy. If you have a claim against any entity on that list, you must take additional legal action to preserve and pursue your rights. When and How Should File a Claim? You should file a claim using either Official Bankruptcy Form No. 410 (or a form substantially similar thereto) or the Abuse Proof of Claim Supplement Claim so that it is received by September 11, 2026. If you do not file a timely claim, you may lose rights against the Diocese, including any right to compensation. Your information will be kept private. You can download and file a claim at the website or call the toll-free number listed below for help on how to file a claim by mail. Visit cases.stretto.com/dioceseofelpaso or call (833) 345-0351 About Roman Catholic Diocese of El Paso Roman Catholic Diocese of El Paso, Texas, oversees parishes and Catholic institutions in the El Paso region. Roman Catholic Diocese of El Paso, Texas, sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 26-30311) on March 6, 2026. In its petition, the Debtor reports estimated assets between $10 million and $50 million and estimated liabilities between $1 million and $10 million. Judge Christopher G. Bradley oversees the case. Husch Blackwell LLP serves as the Debtor's counsel. DIOCESE OF SAN FRANCISCO: Reaches $395M Abuse Settlement in Ch. 11 ------------------------------------------------------------------ The official committee representing survivors of childhood sexual abuse in the bankruptcy case of the Roman Catholic Archbishop of San Francisco, Case No. 23-30564 (Bankr. N.D. Cal.)., has announced on June 29, 2026, a historic and record-breaking settlement with the Archdiocese that will establish a $395 million trust to compensate approximately 530 survivors of clergy sexual abuse. The settlement also provides the survivor trust with the ability to pursue insurers on behalf of survivors and for survivors to retain the right to pursue litigation to enforce insurer liability. Pachulski Stang Ziehl & Jones LLP, representing the Committee, has successfully resolved more childhood sexual abuse bankruptcy cases than any other law firm. The $395 million settlement is the largest bankruptcy settlement from a diocese in American history and does not include any insurance proceeds. It ends years of litigation on behalf of hundreds of survivors abused by individuals, including clergy, affiliated with the Archdiocese of San Francisco. Distributions will be made in accordance with a survivors allocation protocol developed by the Committee to ensure fair and equitable treatment across all claimants. "No amount of money can erase the pain and shame associated with carrying the burden of my child abuse in silence for over 50 years. While it is unfortunate that it took hundreds of lawsuits, years of litigation, and a bankruptcy to effectuate this settlement, the agreement reflects a positive path forward for the hundreds of survivors whose collective voices were finally heard by the Archdiocese," said Steve Moreno, co-chair of the Committee. "I am proud of the hard and difficult work of the Committee in negotiating this settlement, and I want to thank all of the survivors who came forward and shared their story. We would not be at this point without your courage to come forward. I also want to acknowledge the many who are not alive to finally see justice." Beyond the monetary settlement, the Committee negotiated an extensive package of non-monetary reforms that will be incorporated into the bankruptcy plan and will be enforceable by the Bankruptcy Court. Any party who believes the Archdiocese is not complying will have the legal standing to seek enforcement. "Survivors didn't just want a settlement. We wanted change, real, lasting, enforceable change," said Margie O'Driscoll, co-chair of the Committee. "What we achieved here is not a list of good intentions. These obligations will be supervised by a federal judge. We demanded that the Archdiocese be held to the same standards of accountability that every other institution in California is expected to meet. That is what this agreement delivers." "Every dollar and provision in this settlement was hard-fought," said Brittany Michael, counsel for the Committee. "None of it was given. All of it was won. We are deeply proud to have represented the survivors in this case, and we are honored to be able to deliver this historic settlement." About The Roman Catholic Archbishop of San Francisco The Roman Catholic Archbishop of San Francisco, Archdiocese of San Francisco, is a tax-exempt religious organization. The Archdiocese of San Francisco is a Latin Church ecclesiastical territory or diocese of the Catholic Church in the northern California region of the United States. The Archdiocese of San Francisco was erected on July 29, 1853, by Pope Pius IX, and its cathedral is the Cathedral of Saint Mary of the Assumption. The Archdiocese sought relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 23-30564) on Aug. 21, 2023. In the petition filed by Fr. Patrick Summerhays as vicar general and moderator of the Curia, the Archdiocese reported $100 million to $500 million in assets and liabilities. The Hon. Dennis Montali oversees the case. The Debtor tapped Felderstein Fitzgerald Willoughby Pascuzzi & Rios, LLP and Sheppard, Mullin, Richter & Hampton LLP as counsel. Weintraub Tobin Chediak Coleman & Grodin as special litigation counsel. Weinstein & Numbers, LLP as special insurance counsel. GlassRatner Advisory & Capital Group LLC d/b/a B. Riley Advisory Services as financial advisor. Omni Agent Solutions, Inc., is the administrative agent. Counsel for Certain Personal Injury Creditors are Michael G. Finnegan, Esq., Jennifer E. Stein, Esq., and Parker P. Estenson, Esq. of JEFF ANDERSON & ASSOCIATES, P.A. DIOCESE OF SAN FRANCISCO: Slater Schulman Helps Win $395M Trust --------------------------------------------------------------- Slater Slater Schulman LLP, a leading, full-service law firm with decades of experience representing survivors of traumatic and catastrophic events, announced on June 29, 2026, that a global settlement has been reached in the Chapter 11 bankruptcy proceedings of the Archdiocese of San Francisco. The settlement establishes a $395 million trust for survivors and allows them to pursue additional recovery from insurers, a significant milestone towards resolving the more than 500 child sexual abuse claims. Further provisions of the agreement include policies and protocols to enhance child safety and transparency. Slater Slater Schulman served on the creditors' committee and represents more than 50 survivors. The lawsuits describe a pattern of abuse perpetrated by clergy and others in positions of trust against children who were parishioners, students, and altar servers, often isolated and abused by individuals bearing religious authority. "No settlement can give these survivors back what was taken from them, but this resolution holds the Archdiocese of San Francisco to account for the lifelong harm it caused hundreds of people," said Michael Carney, Managing Partner of Slater Slater Schulman's California office. "We are proud to have helped, alongside our fellow committee members and counsel, bring about an outcome that gives our clients a measure of justice too long denied." "For decades, the survivors we represent were failed by an institution they were taught to trust, and many of them have waited a lifetime for this moment," said Partner Simona Danesh. "We were honored to stand with our clients throughout these proceedings and to work alongside the committee and bankruptcy counsel toward a resolution for every survivor with a claim. We will continue to fight for childhood sexual abuse survivors across California." NOTE: Individuals seeking to be linked to resources for sexual assault survivors can call 800.656.HOPE (4673) to be connected with a trained staff member from a sexual assault service provider in your area. The National Sexual Assault Hotline operated by RAINN (Rape, Abuse & Incest National Network) provides confidential support from trained staff members and can assist with finding local healthcare resources, help talk through what happened, and offer referrals for long-term support. About Slater Slater Schulman LLP Slater Slater Schulman LLP is a leading, full-service law firm with decades of experience representing survivors of traumatic and catastrophic events. Our dedicated attorneys are committed to ensuring the best results for our clients through persistence and compassionate representation. With 11 offices in 10 states, Slater Slater Schulman has achieved successful resolutions in some of the most challenging cases in the nation. We have considerable experience with complex, historical sexual abuse cases involving massive institutions, including academic, religious, and youth organizations. Our firm also represents clients in litigation involving pharmaceutical drugs, product liability, environmental law, employment and labor law, medical malpractice, and personal injury, and has proudly represented thousands of World Trade Center survivors. Learn more at sssfirm.com. About The Roman Catholic Archbishop of San Francisco The Roman Catholic Archbishop of San Francisco, Archdiocese of San Francisco, is a tax-exempt religious organization. The Archdiocese of San Francisco is a Latin Church ecclesiastical territory or diocese of the Catholic Church in the northern California region of the United States. The Archdiocese of San Francisco was erected on July 29, 1853, by Pope Pius IX, and its cathedral is the Cathedral of Saint Mary of the Assumption. The Archdiocese sought relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 23-30564) on Aug. 21, 2023. In the petition filed by Fr. Patrick Summerhays as vicar general and moderator of the Curia, the Archdiocese reported $100 million to $500 million in assets and liabilities. The Hon. Dennis Montali oversees the case. The Debtor tapped Felderstein Fitzgerald Willoughby Pascuzzi & Rios, LLP and Sheppard, Mullin, Richter & Hampton LLP as counsel. Weintraub Tobin Chediak Coleman & Grodin as special litigation counsel. Weinstein & Numbers, LLP as special insurance counsel. GlassRatner Advisory & Capital Group LLC d/b/a B. Riley Advisory Services as financial advisor. Omni Agent Solutions, Inc., is the administrative agent. Counsel for Certain Personal Injury Creditors are Michael G. Finnegan, Esq., Jennifer E. Stein, Esq., and Parker P. Estenson, Esq. of JEFF ANDERSON & ASSOCIATES, P.A. DOLCHE TRUCKLOAD: Gets Extension to Access Cash Collateral ---------------------------------------------------------- Dolche Truckload Corp. received sixth interim approval from the U.S. Bankruptcy Court for the Northern District of Illinois to use cash collateral. The sixth interim order authorized the Debtor to use cash collateral through August 21, consistent with the prior order entered on July 18, 2025 and subject to the budget. The Debtor projects total operational expenses of $468,450. The July 18, 2025 cash collateral order remains in effect. The next hearing is scheduled for August 18. About Dolche Truckload Corp. Dolche Truckload Corp. provides full truckload transportation services across the United States, including refrigerated, dry van, and hazardous materials freight. The Company operates a fleet of trucks and offers tailored logistics solutions from its headquarters in Palatine, Illinois. Dolche Truckload sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-09093) on June 15, 2025. In its petition, the Debtor reported total assets of $1,944,419 and total liabilities of $3,410,448. Judge Deborah L. Thorne handles the case. The Debtor is represented by: David Freydin, Esq. Law Offices of David Freydin Ltd Tel: 630-516-9990 david.freydin@freydinlaw.com DYNASTY FAB: Gets Interim OK to Use Cash Collateral --------------------------------------------------- Dynasty Fab, LLC received interim approval from the U.S. Bankruptcy Court for the Eastern District of Michigan, Southern Division, to use cash collateral to fund operations. Under the interim order, the Debtor is authorized to use up to $694,129 in cash collateral pending entry of a final order. The Debtor is authorized to spend funds according to the court-approved budget, with permitted variances of up to 15% per budget line item and 15% overall on a monthly basis. The budget anticipates generating $559,429 in net cash flow over the full 13 weeks and projects an increase in cash collateral of approximately $70,766 during the first 21 days of the Debtor's Chapter 11 case. The Debtor's available cash collateral includes approximately $139,965 in cash and $269,983 in accounts receivable, including $175,933 that is less than 90 days old. Deutsche Bank AG may hold a first-priority security interest in certain accounts and purchased receivables although the Debtor believes no money is currently owed to the bank. Oxford is identified as the primary operating lender, asserting a first-priority lien on most assets outside Deutsche's collateral and claiming approximately $1,058,851 under a line of credit. CHTD Company and Corporation Service Company each asserts junior security interests but the Debtor disputes both their liens and any underlying indebtedness. As adequate protection, secured creditors will be granted replacement liens on post-petition collateral of the same type and priority as their pre-petition liens. These replacement liens do not apply to avoidance actions, proceeds recovered from avoidance litigation, or commercial tort claims that were not already subject to valid pre-petition liens. In addition, Oxford will receive a monthly payment of $7,000, beginning this month. The order also authorized the Debtor to set aside $17,500 per month in a segregated debtor-in-possession account for professional fees. These funds remain property of the estate until approved under Bankruptcy Code Section 330 and are protected from secured creditor liens. The order is available at http://bankrupt.com/misc/DynastyFab_ICCOrder32.pdf A final hearing is scheduled for July 20. Objections are due by July 13. About Dynasty Fab LLC Dynasty Fab, LLC is a fabrication, machining, and specialty welding company founded in 2017. The company operates in Roseville, Fraser, and Detroit, Michigan, and Chickasaw, Alabama. It provides services including titanium welding, large machining, turnkey solutions, and 3-axis and 5-axis machine shop capabilities. Dynasty Fab serves industries and project areas including aerospace, defense, automation, infrastructure, maritime, gas and oil, R&D, agricultural, prototypes, telescope builds, and automotive. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mich. Case No. 26-46909) on June 17, 2026. In the petition signed by Zachary M. Jeakle, president, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Paul R. Hage oversees the case. John J. Stockdale, Jr., Esq., at Schafer and Weiner, PLLC, represents the Debtor as legal counsel. EASTSIDE COLLISION: Hires Jones Lang LaSalle as Real Estate Broker ------------------------------------------------------------------ Eastside Collision & Car Care Center, Inc. seeks approval from the U.S. Bankruptcy Court for the Northern District of Georgia to employ Jones Lang LaSalle Brokerage, Inc. as real estate broker. The firm will provide these services: (a) market the Debtor's real property for sale; (b) assist in closing a sale of the real property; and (c) such other work as may be indicated by the broker's analysis of the real property, the Debtor, and the estate. The firm will receive a commission of 7 percent of the property's gross purchase price. Paul Hanna, a licensed realtor at Jones Lang LaSalle Brokerage, 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 through: Paul Hanna Jones Lang LaSalle Brokerage, Inc. 200 E. Randolph Dr., Suite 4300 Chicago, IL 60601 About Eastside Collision & Car Care Center Inc. Eastside Collision & Car Care Center, Inc. provides automotive collision repair, body, paint and car-care services from Lithonia, Georgia. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-57078) on May 29, 2026. In the petition signed by Brian Young, CEO, the Debtor disclosed up to $10 million in both assets and liabilities. Adam E. Ekbom, Esq., at Jones & Walden LLC represents the Debtor as counsel. ECHOSTAR CORP: Chief Legal Officer Dean Manson Steps Down --------------------------------------------------------- EchoStar Corporation announced in a regulatory filing that Dean Manson has resigned as Chief Legal Officer and Secretary, effective June 26, 2026, after 26 years with the Company and its subsidiary Hughes Network Systems. Mr. Manson informed the Company in April 2026 of his intention to step down to take a career break, and on June 23, 2026, Mr. Manson and the Company formalized that plan. To ensure a seamless transition, Mr. Manson will remain with the Company for a period of time in the role of Senior Advisor, after which he will take some time to consider future professional opportunities. Jeffrey Blum, the Company's Executive Vice President of Government Affairs will assume the role of Acting Chief Legal Officer and Secretary, while the Company pursues a search for a permanent Chief Legal Officer and Secretary. Mr. Blum has been with the Company since 2005. There are no family relationships between Mr. Blum and any director or executive officer of the Company, and there are no transactions between Mr. Blum and the Company that would be required to be reported under Item 404(a) of Regulation S-K. About EchoStar Corporation EchoStar Corporation (Nasdaq: SATS) -- www.echostar.com -- is a provider of technology, networking services, television entertainment, and connectivity, offering consumer, enterprise, operator, and government solutions worldwide under its EchoStar, Boost Mobile, Boost Infinite, Sling TV, DISH TV, Hughes, HughesNet, HughesON, and JUPITER brands. In Europe, EchoStar operates under its EchoStar Mobile Limited subsidiary, and in Australia, the Company operates as EchoStar Global Australia. As of March 31, 2026, the Company had $41.38 billion in total assets and $35.7 billion in total liabilities, and total stockholders' equity of $5.68 billion. * * * In Sept. 2025, S&P Global Ratings placed its 'CCC+' Company credit rating on Echostar Corp. and all subsidiaries on CreditWatch with positive implications. S&P also placed the issue-level ratings on Echostar and all its subsidiaries' secured and unsecured debt on CreditWatch with positive implications. S&P plans to resolve the CreditWatch following close of the transaction, expected in mid-2026. EGO COLLISION: Gets Interim OK to Use Cash Collateral ----------------------------------------------------- EGO Collision Center Corp. received interim approval from the U.S. Bankruptcy Court for the Southern District of Florida, Miami Division, to use cash collateral through July 16. Under the interim order, the Debtor is authorized to use cash collateral based on a court-approved budget to fund its auto body and collision repair operations in Doral, Florida. The Debtor's cash collateral consists of accounts receivable, cash on hand, deposit accounts, insurance proceeds, customer payments, merchant receipts, and other operating proceeds. The secured creditors with potential liens on the cash collateral include AkzoNobel Coatings Inc. and Single Source, Inc. Based on a 2023 UCC financing statement, AkzoNobel Coatings Inc. appears to hold the senior blanket lien on substantially all of the Debtor's assets, while Single Source, Inc. appears to hold a junior blanket lien. Other potential secured creditors include First Corporate Solutions in connection with a merchant cash advance (MCA) financing arrangement, BHB722 Inc., and several equipment lenders. As adequate protection, creditors holding a valid lien on the Debtor's cash collateral will be granted replacement liens, with the same validity, priority and extent as their pre-petition liens. The Debtor retains the right to challenge any asserted liens or claims No cash payments to secured creditors as adequate protection are required at this stage of the case. The order is available at http://bankrupt.com/misc/EGOCollision_ICCOrder21.pdf The next hearing is scheduled for July 16. About EGO Collision Center Corp. EGO Collision Center Corp. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-17795) on June 15, 2026, with up to $500,000 in assets and up to $1 million in liabilities. Marly P. Gomez, president and owner of EGO Collision Center, signed the petition. Judge Robert A. Mark oversees the case. Aramis Hernandez, Esq., at Miami Legal Center, represents the Debtor as legal counsel. ELITE PROJECT: Seeks Approval to Hire ELG Accounting as Accountant ------------------------------------------------------------------ Elite Project Management LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of Texas to employ ELG Accounting Inc. as accountant. The firm's services include: (a) prepare financial statements; (b) prepare cash flow statements and financial summaries; (c) assist with the preparation of schedules of assets and liabilities; (d) analyze and organize the Debtor's debt structure; (e) reconcile and cleanup the Debtor's financial records; (f) prepare financial documentation requested by legal counsel or the Court; and (g) coordinate with the Debtor's attorney and other financial professionals. The firm will be paid at these fees: (a) $100 per hour; (b) the firm's services will be billed in quarter-hour (0.25) increments; (c) invoice the Debtor monthly. For any month in which the fees invoiced are less than $2,500, it is authorized to pay the invoice in the ordinary course without further order of the Court; for any month in which the invoiced fees are $2,500 or more. Edmund Gabor, a senior accountant at ELG Accounting, 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 through: Edmund Gabor ELG Accounting, Inc. 23545 Crenshaw Blvd, Suite 201B Torrance, CA 90505 About Elite Project Management LLC Elite Project Management LLC is a Texas-based company engaged in project management and business support services for commercial and operational projects. Elite Project Management sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 26-42193) on May 19, 2026. In its petition, the Debtor reported up to $50,000 in assets and between $1 million and $10 million in liabilities. Honorable Bankruptcy Judge Mark X. Mullin handles the case. The Debtor tapped Robert Thomas DeMarco, Esq., as counsel and ELG Accounting Inc. as accountant. ESGTHERM LLC: Seeks Chapter 11 Bankruptcy in New Jersey ------------------------------------------------------- On June 25, 2026, ESGTHERM LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of New Jersey. According to the court filing, the Debtor reports between $1 million and $10 million in debt owed to 1–49 creditors. A meeting of creditors under Section 341(a) to be held on July 29, 2026 at 11:00 AM via Zoomgov-Steele: join.zoom.us Meeting ID 165 757 43293, Passcode 9344337778, or call 1-551-285-1373. The deadline for filing the Government Proof of Claim is December 22, 2026. About ESGTHERM LLC ESGTHERM LLC is a Budd Lake, New Jersey-based full-service restaurant operating under the trade name Budd Lake Diner. The restaurant offers dine-in, catering, and food delivery services through platforms such as DoorDash and Grubhub, and maintains daily operating hours from 6:00 a.m. to 8:00 p.m. ESGTHERM LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. not provided) on June 25, 2026. In its petition, the Debtor reports estimated assets of $0 to $50,000 and estimated liabilities of $1 million to $10 million. The Debtor is represented by David H. Stein, Esq. of Wilentz, Goldman & Spitzer, P.A. Joseph L. Schwartz serves as Subchapter V Trustee. ETEGRA INC: Gets Extension to Access Cash Collateral ---------------------------------------------------- Etegra, Inc. received another extension from the U.S. Bankruptcy Court for the Southern District of Florida to use cash collateral. The court entered a second interim order authorizing the Debtor to use cash collateral to pay operating expenses based on an approved budget, with a permitted variance of up to 10% per line item. Uses outside the budget may still qualify as administrative expenses but could trigger lender remedies. As adequate protection, secured creditors will be granted replacement liens on post-petition cash collateral, with the same validity and priority as their pre-petition liens. Additional safeguards include insurance coverage on the collateral. The order is without prejudice to creditors' rights and does not determine the validity or extent of any liens or claims. The next hearing is scheduled for Aug. 12. The interim order is available at http://urlcurt.com/u?l=JACAOJ from PacerMonitor.com. About Etegra Inc. Etegra is an architect-engineer firm that provides architecture, engineering, and construction management services primarily for the U.S. Department of Defense and other federal agencies, with additional civil, mechanical, electrical, plumbing, and fire protection engineering work for local public and private clients. Etegra, Inc. filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-24345) on Dec. 4, 2025, listing $436,230 in assets and $6,765,257 in liabilities. The petition was signed by Achyut Kumar Allady as authorized representative of the Debtor. Judge Erik P Kimball presides over the case. Craig I. Kelley, Esq., at Kelley Kaplan & Eller, PLLC, is the Debtor's legal counsel. FABRICATION DESIGNS: Unsecureds Will Get 10% over 3 Years --------------------------------------------------------- Fabrication Designs, Inc., filed with the U.S. Bankruptcy Court for the District of Maryland a Subchapter V Plan of Reorganization dated June 22, 2026. The Debtor is a Maryland corporation founded in 1987 with its principal office formerly located at 7463 New Ridge Road, Suite A, Hanover, MD 21076 (the "Local Warehouse"). The Debtor's ownership changed in 2021 and since that time the Debtor has been in the process of transferring much of its operations to be carried out the Debtor's foreign affiliate, Fabrication Designs MON IKE, in Athens, Greece. The business operations have also transitioned to predominantly assembly, with the manufacturing now mostly outsourced to third-party vendors and supplier. The Debtor filed its voluntary petition for relief primarily as a result of the eviction proceedings commenced by the landlord for the Local Warehouse, as the Debtor had been unable to keep current on the rent. During the course of this bankruptcy proceeding, the Debtor has rejected the Warehouse Lease along with leases for equipment used therein, resulting in significant rejection damages claims against the bankruptcy Estate. But without those ongoing lease obligations, the Debtor expects to operate profitably and, thereby, fund this Plan. The Debtor has also obtained Court approval to continue to its secured, factored borrowing from Coeur, absent which the Debtor would have suffered a significant disruption in its cash flow and operations. Class III consists of Allowed Unsecured Claims. The allowed unsecured claims total $2,500,000 based upon filed and scheduled claims. Unless otherwise objected to under Article XX, Creditors with Allowed Unsecured Claims shall be paid on a pro rata basis, by quarterly installment payments in the amount of over three years, for a total of $250,000. This Class will receive a distribution of 10% of their allowed claims. This Class is impaired. Class IV consists of 100% stockholder (BMK Engineering, Inc.). The ownership interests in the Debtor shall be retained pursuant to Section 1191 of the Bankruptcy Code. During the term of this Plan and pursuant to the Plan, the Debtor shall submit its disposable income (or value of such disposable income) to the Plan for payment to its Creditors as specified herein. The disposable income shall be equal to the amount necessary for the performance of this Plan. All disposable income shall be derived from the Debtor's business operations. Until completion of all Plan payments, the Debtor shall provide quarterly reports detailing its revenues and expenses, and for any payments or transaction with any affiliates, including Fabrication Designs Mon. Ike., the Debtor shall provide corresponding invoices, vendor statements, payroll records, and/or related cost documentation. The value of the property to be distributed under the Plan during the term of the Plan is not less than the Debtor's projected disposable income for that same period. The Plan also provides for the payment in full of Allowed Secured Claims, Allowed Administrative Expense Claims, and Allowed Priority Claims in accordance with the Bankruptcy Code. Creditors holding Allowed Unsecured Claims will receive distributions on a pro rata basis which the Debtor has valued at approximately ten percent. A full-text copy of the Plan of Reorganization dated June 22, 2026 is available at https://urlcurt.com/u?l=fGsoxh from PacerMonitor.com at no charge. Counsel to the Debtor: Joseph M. Selba, Esq. Tydings & Rosenberg LLP 1 East Pratt Street, Suite 901 Baltimore, MD 21202 Telephone: (410) 752-9700 E-mail: jselba@tydings.com About Fabrication Designs Fabrication Designs, Inc., is a Hanover, Maryland-based manufacturer specializing in forced-entry and bullet-resistant (FEBR) security systems. Founded in 1988, the company produces made-to-order products including doors, windows, louvers, and guard booths. It provides integrated services spanning in-house manufacturing, engineering, and installation, serving customers in the security and defense sectors. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Md. Case No. 26-13061) on March 23, 2026, with $500,000 to $1 million in assets and $1 million to $10 million in liabilities. Kenneth Best, president, signed the petition. Joseph Selba, at Tydings Rosenberg, LLP, is the Debtor's legal counsel. FAT BRANDS: Plan Confirmation Hearing Scheduled for July 27 ----------------------------------------------------------- On June 1, 2026, the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division, entered an order that, among other things, conditionally approved the Disclosure Statement for Joint Plan of Liquidation of FAT Brands, Inc. and its Affiliated Debtors Under Chapter 11 of the Bankruptcy Code and established July 20, 2026, at 4:00 p.m. (prevailing Central Time) as the deadline for objecting to final approval of the Disclosure Statement and confirmation of the Plan (the "Objection Deadline") and July 27, 2026,at 9:00 a.m.(prevailing Central Time) as the date and time of the hearing to consider final approval of the Disclosure Statement and confirmation of the Plan (the "Combined Hearing"). The Bankruptcy Court can confirm the Plan and bind all Holders of Claims and Interests if, after approval of the Disclosure Statement and the solicitation of votes to accept or reject the Plan, it is accepted by the Holders of at least two-thirds in amount and more than one half in number of the Claims in each Voting Class who vote on the Plan and if the Plan otherwise satisfies the applicable requirements of section 1129(a) of the Bankruptcy Code. If the requisite acceptances are not obtained, the Bankruptcy Court nonetheless may confirm the Plan if it finds that the Plan(a) provides fair and equitable treatment to, and does not unfairly discriminate against, each Class rejecting the Plan and (b) otherwise satisfies the requirements of section 1129 of the Bankruptcy Code. If the Plan is confirmed by the Bankruptcy Court, it will be binding on all Holders of Claims and Equity Interests whether or not a particular Holder was entitled to vote, voted, or affirmatively voted to reject the Plan. The Combined Hearing to consider final approval of the Disclosure Statement and confirmation of the Plan will commence on July 27, 2026, at 9:00 a.m. (prevailing Central Time), before the Honorable Judge Alfredo R. Perez, United States Bankruptcy Judge. The Combined Hearing will be conducted virtually only. No in-person attendance will be permitted. Audio communication will be by use of the Court's dial-in facility. You may access the facility at 832-917-1510. The Combined Hearing may be continued from time to time by the Bankruptcy Court or the Debtors without further notice other than by such adjournment being announced in open court or by a notice of adjournment filed with the Bankruptcy Court and served on such parties as the Bankruptcy Court may order. Moreover, the Plan may be modified or amended, if necessary, pursuant to section 1127 of the Bankruptcy Code, before, during or as a result of the Combined Hearing, without further notice to parties in interest. The deadline for filing Objections is July 20, 2026,at 4:00 p.m.(prevailing Central Time). About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) -- http://www.fatbrands.com/-- is a global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo's Café & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses. FAT Brands franchises and owns over 2,200 units worldwide. Fat Brands Inc. and 181 subsidiaries sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90126) on Jan. 26, 2026. In its petition, Fat Brands listed estimated assets and liabilities more than $1 billion. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as legal counsel to the Company. GLC Advisors & Co., LLC is serving as investment banker, and Huron Consulting Services LLC is serving as financial advisor. Omni Agent Solutions, Inc., is serving as claims, noticing and solicitation agent. White & Case LLP is representing the Ad Hoc Group of Securitization Noteholders. Greenberg Traurig, LLP, represents UMB Bank, National Association, solely in its capacity as Trustee to certain series of notes. FIRST BRANDS: Sells Brake Brands to Motorcar Parts in Chapter 11 ---------------------------------------------------------------- Motorcar Parts of America, Inc. announced on June 30, 2026, that it has acquired the intellectual and digital property associated with the Centric Parts brake brands from First Brands Group through its Chapter 11 bankruptcy process. The transaction was managed through a court-supervised sales process under Section 363 of the U.S. Bankruptcy Code. The transaction was structured without assuming operational liabilities and certain assets were transferred free-and-clear from all liens, claims and encumbrances. Additional terms were not disclosed. "This purchase complements the company's expansion of brake-related product coverage and commitment to the braking category, particularly within the professional installer and performance segments," said Selwyn Joffe, chairman, president and chief executive officer of Motorcar Parts of America. The transaction includes the following key brands among others and the associated catalogues, engineering and proprietary technical information: * Centric Parts(R) * Posi Quiet(R) * StopTech(R) * C-TEK * GCX "Our reputation as a high-quality supplier of non-discretionary aftermarket parts, coupled with capacity to meet increasing customer demand, distinguishes our company. Equally important, our customers will continue to benefit and be supported by an industry-leading team and exceptional value-added service," Joffe added. Centric Parts brake business had estimated gross sales as high as $400 million at the supplier level based on industry reports. About Motorcar Parts of America, Inc. Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts -- including alternators, starters, wheel bearings and hub assemblies, brake calipers, brake master cylinders, brake power boosters, diagnostic testing equipment utilized in imported and domestic passenger vehicles, light trucks, and heavy-duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States, Canada, and Mexico, with facilities located in California, New York, Mexico, Canada, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia, and Canada. In addition, the company's electrical vehicle subsidiary designs and manufactures testing solutions for performance, endurance, and production of multiple components in the electric power train – providing simulation, emulation, and production applications for the electrification of both automotive and aerospace industries, including electric vehicle charging systems. Additional information is available at www.motorcarparts.com. About First Brands Group First Brands Group, LLC, is a global supplier of aftermarket automotive parts, based in Rochester Hills, Michigan. On September 24, 2025, the Company's non-operational special purpose entities, Global Assets LLC, Global Lease Assets Holdings, LLC, Carnaby Capital Holdings, LLC, Broad Street Financial Holdings, LLC, Broad Street Financial, LLC, Carnaby Inventory II, LLC, Carnaby Inventory Holdings II, LLC, Carnaby Inventory III, LLC, Carnaby Inventory Holdings III, LLC, Patterson Inventory, LLC, Patterson Inventory Holdings, LLC, Starlight Inventory I, LLC and Starlight Inventory Holdings I, LLC each filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. Commencing on Sept. 28, 2025, First Brands Group, LLC and 98 affiliated debtors each filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. In its petition, First Brands Group listed $1 billion to $10 billion in estimated assets and $10 billion to $50 billion in estimated liabilities. The cases are pending before the Hon. Christopher M. Lopez, and are jointly administered under Case No. 25-90399, and consolidated for procedural purposes only. The Debtors tapped Weil, Gotshal and Manges, LLP as legal counsel; Lazard Freres & Co. as investment banker; Alvarez & Marsal North America, LLC as financial advisor; and C Street Advisory Group as strategic communications advisor. Kroll Restructuring Administration, LLC is the Debtors' claims, noticing and solicitation agent. Gibson, Dunn & Crutcher, LLP and Evercore serve as the Ad Hoc Group of Lenders' legal counsel and investment banker, respectively. The U.S. Trustee for Region 7 appointed an official committee to represent unsecured creditors in the Debtors' Chapter 11 cases. The Committee has hired M3 Advisory Partners, LP, as Financial Advisor; Cole Schotz P.C. as Efficiency and Local Counsel; and Brown Rudnick LLP as Co-Counsel. The U.S. Trustee has proposed Martin De Luca, Esq., at Boies Schiller Flexner LLP as Chapter 11 examiner. FREIGHT TECHNOLOGIES: Secures $2.5M Term Loan to Refinance Debt --------------------------------------------------------------- Freight Technologies, Inc. announced in a regulatory filing that the Company, together with its subsidiaries Freight App, Inc., a Delaware corporation, and Freight App de Mexico, S.A. de C.V., a Mexican corporation, entered into a Loan and Security Agreement with an institutional investor, pursuant to which the Lender agreed to provide a secured term loan to the Borrowers in the aggregate principal amount of $2,500,000 and the Borrowers agreed to grant a perfected security interest to secure the Borrowers' obligations under the Loan in all assets of the Borrowers. The Loan bears interest at a rate of 10.0% per annum calculated on a 365-day year based on the actual number of days elapsed, and matures on June 17, 2027. Interest is payable on the first day of each calendar month commencing July 1, 2026. If the Borrowers have insufficient cash to make scheduled interest payments, such interest may, at the Lender's option and sole discretion, be paid in kind by adding such interest to the principal amount. The Loan may be prepaid at any time. A prepayment premium equal to 10.0% of the principal amount of any repayment or prepayment of the Loans shall be payable in connection with each such repayment or prepayment. Upon the occurrence and during the continuance of an event of default, interest on the unpaid principal amount shall accrue at the rate otherwise applicable plus 2.0%. Pursuant to the Loan Agreement, the Borrowers agreed during the term of the Loan not to among other things, incur any indebtedness or a mortgage, lien or other such encumbrance, subject to certain exceptions, or change the nature of its business. The Company intends to use the net proceeds from the Loan to repay in full its existing credit facility with Capital Foundry Funding, LLC. About Freight Technologies, Inc. Freight Technologies (Nasdaq: FRGT) -- http://fr8technologies.com/ -- is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company's portfolio of solutions includes the Fr8App platform for seamless OTR B2B cross-border shipping across the USMCA region; Fr8Now, a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet, a dedicated capacity service for enterprise clients in Mexico; Waavely, a digital platform for efficient ocean freight booking and management of container shipments between North America and ports worldwide; Fleet Rocket, a nimble, scalable and cost-effective Transportation Management System (TMS) for brokers, shippers, and other logistics operators; and Zayren, an AI-based, machine learning pricing-prediction tool and carrier-matching platform designed specifically for cross-border and domestic OTR freight shipments across Mexico and the United States. Together, each product is interconnected within a unified platform to network carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management, and committed capacity solutions. Diamond Bar, California-based TAAD, LLP, the Company's auditor since 2025, issued a "going concern" qualification in its report dated April 11, 2025, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, citing that the Company has suffered recurring losses from operations that raises substantial doubt about its ability to continue as a going concern. As of September 30, 2025, the Company had $12.20 million in total assets, $5.92 million in total liabilities, and $6.28 million in total stockholders' equity. FULTON SCG: UCC Public Sale Scheduled for July 1 ------------------------------------------------ Newmark, on behalf of FULTON SCG II DEBT FUND, LLC, a Delaware limited liability company (the "Secured Party"), will offer for sale at public auction on July 1, 2026 at 10:00 a.m. EDT in connection with a Uniform Commercial Code sale, 100% of the limited liability company membership interests (the "Interests") in and to Fulton SCG Member LLC, a Delaware limited liability company (the "Issuer"), which Issuer is the indirect owner of certain real properties comprised of certain commercial and residential condominium units in the Tangram development (collectively, the "Property"). The Interests are owned by Fulton SCG Development Mezz LLC, a Delaware limited liability company, having its principal place of business at 37-12 Prince Street, #PH2A, Flushing, New York (the "Debtor"). The sale will be conducted in-person in the offices of Kasowitz LLP, 1633 Broadway, New York, New York 10019, and also being broadcast for remote participation via virtual videoconference. The URL address and password for the online video conference will be provided to all confirmed participants that have properly registered pursuant to the Terms of Sale. Parties who do not satisfy the conditions to bid in accordance with the terms hereof and the Terms of Sale will forfeit their opportunity to register and may be banned from bidding. The Debtor has pledged and granted to the Secured Party a first priority lien on and security interest in the Interests pursuant to that certain First Priority Member Interest Pledge Agreement dated as of December 8, 2017. The Secured Party is offering the Interests for sale in connection with the foreclosure on the pledge of such Interests. The interests are being offered as a single lot, "as-is, where-is", with no express or implied warranties, representations, statements or conditions of any kind made by the Secured Party or any person acting for or on behalf of the Secured Party, without any recourse whatsoever to the Secured Party or any other person acting for or on behalf of the Secured Party and each bidder must make its own inquiry regarding the Interests. The winning bidder shall be responsible for the payment of all transfer taxes, stamp duties and similar taxes incurred in connection with the purchase of the Interests. The Secured Party reserves the right to credit bid, set a minimum reserve price, reject all bids (including without limitation any bid that it deems to have been made by a bidder that is unable to satisfy the requirements imposed by the Secured Party upon prospective bidders in connection with the sale or to whom in the Secured Party's sole judgment a sale may not lawfully be made) and/or terminate or adjourn the sale to another time, without further notice. The Secured Party further reserves the right to restrict prospective bidders to those who will represent that they are purchasing the Interests for their own account for investment not with a view to the distribution or resale of such Interests, to verify that each certificate for the Interests to be sold bears a legend substantially to the effect that such interests have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be disposed of in violation of the provisions of the Securities Act and to impose such other limitations or conditions in connection with the sale of the Interests as the Secured Party deems necessary or advisable, in its sole discretion, in order to comply with the Securities Act or any other applicable law or regulation. All bids (other than credit bids of the Secured Party) must be for cash. Further information concerning the Interests, a detailed description of the Property, the requirements for obtaining information and bidding on the interests and the Terms of Sale can be found at https://tinyurl.com/4tcns6dv G.A.H. BAR-B-Q: Seeks Chapter 11 Bankruptcy for the 2nd Time ------------------------------------------------------------ Kirk O'Neil of The Street reports that G.A.H. Bar-B-Q, Inc., the Melbourne, Florida franchise operator of Woody's Bar-B-Q, has returned to bankruptcy court, filing its second Chapter 11 case since 2023 in an effort to reorganize its finances and remain in business. G.A.H. Bar-B-Q Inc. submitted a Subchapter V petition on June 24 in Orlando federal court. According to court filings, the company reports just over $50,000 in assets against more than $335,000 in debt. Key creditors include Flagler Advance LLC, Seacoast National Bank, Olympus Business Capital, Alliance Funding Group, and Flexibility Capital Inc. The filing did not disclose a specific cause, but the restaurant industry continues to struggle with inflationary pressures, including rising food and labor costs. The Melbourne location remains open and operating despite the bankruptcy case, the report relays. This is the company's second Chapter 11 filing since early 2023, when it reported significantly higher asset and liability ranges. Woody's Bar-B-Q, a Florida-based barbecue chain established in 1980, continues to serve traditional Southern-style menu items across its franchise network, according to report. About G.A.H. Bar-B-Q, Inc. G.A.H. Bar-B-Q, Inc. is a Florida-based franchise operator of the Woody’s Bar-B-Q restaurant chain, with its primary location in Melbourne, Florida. The company operates under a franchise model within the casual dining segment, focusing on traditional Southern-style barbecue offerings. G.A.H. Bar-B-Q, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 23-00428) on February 3, 2023. In the petition signed by Gregory Helwig, sole shareholder, the Debtor disclosed up to $10 million in assets and up to $500,000 in liabilities. Judge Tiffany P. Geyer oversees the case. Daniel A. Velasquez, Esq., at Latham Luna Eden and Beaudine LLP, represents the Debtor as legal counsel. 2nd Attempt G.A.H. Bar-B-Q, Inc. sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-bk-04725) on June 24, 2026. In its petition, the Debtor reports over $50,000 in assets against more than $335,000 in debt. The Debtor is represented by Jeffrey Ainsworth, Esq., of Bransonlaw PLLC. Andrew Layden serves as Subchapter V Trustee. GAIN THERAPEUTICS: Stockholders Elect Directors, Ratify Auditor --------------------------------------------------------------- Gain Therapeutics, Inc., stockholders elected seven directors and ratified Ernst & Young AG as auditor for fiscal 2026, according to a Form 8-K filing with the Securities and Exchange Commission. The annual meeting was held June 24. Stockholders elected Gene Mack, Dov Goldstein, M.D., Hans Peter Hasler, Khalid Islam, Ph.D., Gwen Melincoff, Claude Nicaise, M.D., and Jeffrey Riley as directors. The auditor ratification proposal received 25.87 million votes for, 1.07 million against and 40,462 abstentions. The company said a quorum was present at the meeting. About Gain Therapeutics Gain Therapeutics, Inc. is a biotechnology company developing small molecule therapeutics for central nervous system disorders, lysosomal storage disorders, metabolic disorders, and oncology-related indications. The company uses its Magellan computational target and drug discovery platform to identify allosteric binding sites on disease-implicated proteins and discover proprietary molecules designed to modulate protein function. Gain Therapeutics is based in Bethesda, Maryland, and was incorporated in Delaware in 2020. Its clinical-stage product candidate, GT-02287, is being developed for Parkinson's disease with and without GBA1 mutations. In an audit report dated March 26, 2026, Ernst & Young AG raised substantial doubt about Gain Therapeutics' ability to continue as a going concern, citing recurring losses from operations since inception and the company's disclosure that substantial doubt exists about its ability to continue as a going concern. As of March 31, 2026, Gain Therapeutics, Inc. reported total assets of $18.74 million, total liabilities of $4.73 million and stockholders' equity of $14.01 million. GARCIA GRAIN: Texas Properties Sale to GSI International OK'd ------------------------------------------------------------- The U.S. Bankruptcy Court for the Southern District of Texas, McAllen Division, has granted Richard S. Schmidt, Trustee of the Garcia Grain Trading Corp. and its affiliate, RGV Grain LLC, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Properties are comprised of: a. The real property and improvements commonly known as Moore Farms (Tracts 1 and 2), Military Highway 281, Hidalgo County, Texas, comprising approximately two hundred seventy-seven.(277) acres; b. The real property and improvements commonly known as Rancho Toluca (Lots 2, 4, and 5), comprising approximately 35.38 acres; c. The real property and improvements commonly known as Emory Farms, comprising five lots and approximately 53 acres; and d. The real property, tanks, improvements, fixtures, and equipment located at 1558 Alamo Road, Alamo, Hidalgo County, Texas, comprising approximately 6.21 acres, identified as Hidalgo CAD Property ID 628665 (Alamo Land & Sugar Co. Survey, Block 12, Lot 11), together with all bins, tanks, silos, scales, legs, conveyors, augers, controls, electrical systems, spare parts, manuals, maintenance records, fixtures, fixed machinery, site improvements, utility rights, access rights, easements, warranties, and other tangible personal property and appurtenant rights owned by the Plan Trust and located at or used in connection with Alamo Facility, collectively (Remaining Plan Trust Real Property). The Trustee wishes to sell the Plan Trust Property to GSI International, LLC, a Florida limited liability company, directly or through one or more affiliates, subsidiaries, designees, or designated acquisition vehicles for $9,200,000.00. The Court has authorized the Trustee to sell the Plan Trust Property to GSI International. The sale of the assets, consisting of the tracts and parcels of real property, along with the improvements and machinery and equipment located, if any, as such Properties are currently titled and owned by Garcia Grain Chapter 11 Plan Trust and RGV Grain LLC to GSI International, LLC, a Florida limited liability company, directly or through one or more affiliates, subsidiaries, designees, or designated acquisition vehicles on the terms set out in the Motion and the Purchase Agreements is proper. The Plan Trustee, GrainChain, RGVG (including their respective professionals, agents and representatives), and the Purchaser have acted in good faith. The Plan Trustee and GrainChain have properly exercised their respective reasonable business judgment as to the proposed transaction with the Purchaser. The sale of the Properties shall be made on an "as is; where is;" and "where it sits" basis with no representations or warranties of any kind, including without limitation no warranty of merchantability or fitness for any particular purpose. The Purchaser has negotiated the transaction outline in the Contracts in good faith and is purchasing the Properties in good faith and for a fair and reasonable consideration and is entitled to protections. The Trustee and RGVG are each authorized to execute all instruments and documents and to perform all other actions necessary to consummate the transaction contemplated under the Motion and the Agreed Order. About Garcia Grain Trading Corp. Garcia Grain Trading Corp.'s line of business includes buying and marketing grain, dry beans, soybeans, and inedible beans. The company is based in Donna, Texas. Garcia Grain Trading sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas Case No. 23-70028) on Feb. 17, 2023, with $10 million to $50 million in both assets and liabilities. Octavio Garcia, chief executive officer and president, signed the petition. Judge Eduardo V. Rodriguez oversees the case. David R. Langston, Esq., at Mullin Hoard & Brown, LLP represents the Debtor as legal counsel. The U.S. Trustee for Region 7 appointed an official committee to represent unsecured creditors in the Debtor's Chapter 11 case. Jordan & Ortiz, P.C. serves as the committee's legal counsel. GENERATIONS ON 1ST: Files Amendment to Disclosure Statement ----------------------------------------------------------- Red River State Bank ("RRSB" or the "Plan Proponent") submitted an Amended Disclosure Statement describing First Amended Plan of Liquidation for Parkside Place, LLC, a debtor affiliate of Generations on 1st LLC, dated June 22, 2026. The Plan provides two sources of recovery for creditors: a sale process and a creditor trust. First, RRSB has agreed to liquidate 100% of its Real Estate Collateral to fund the Plan. Sale Proceeds will be used to pay Administrative Claims, Priority Tax Claims, UST quarterly fees, RRSB's Class 1 Secured Claim, and all Class 4 Convenience Class claims. Second, the Plan will establish a Creditor Trust to fund the investigation and prosecution of any and all Causes of Action owned by the Debtor. Proceeds from the Sale of Real Estate Collateral of no less than $50,000 will be allocated to fund the work of the Creditor Trust. All proceeds of litigation or settlement will be distributed pro rata to Class 3 general unsecured Creditors. Class 1 consists of the Secured Claim of RRSB. By prior stipulation, RRSB's Class 1 Claim has been allowed in the amount of $5,440,000. RRSB's Class 1 Claim is secured by a valid, first-priority Lien in the Real Estate and Rents. Upon closing of a Sale, RRSB shall be entitled to receive sale proceeds up to $5,440,000. The Parkside Note shall be reinstated until the Closing Date. Monthly plan payments of $19,500 shall be due to RRSB on the 1st day of each month after the Confirmation Date, through and including the payment due on November 1, 2026. If the ALC Transaction does not close on or before December 1, 2026, monthly plan payments of $27,000 shall be due to RRSB on the 1st day of each month beginning on December 1, 2026. Class 1 is not impaired by the Plan and deemed to accept. Like in the prior iteration of the Plan, Class 3 consists of all allowed unsecured Claims for $5,000 or more: the RRSB Deficiency Claim, the WDC Deficiency Claim; and Claim 9 for $12,651.44. Holders of Class 3 Claims shall receive their pro rata share of all future distributions from the Creditor Trust. Class 3 is impaired and entitled to vote. Class 4 consists of Convenience Class Claims. The Plan Proponent anticipates there will be four holders of general unsecured claims for less than $5,000: George's Sanitation, Inc., White Glove Cleaning, Watertown Municipal Utilities, and Cannon Electric LLC. Holders of Class 4 claims will receive payment in full on the Effective Date. Class 6 consists of Holders of Equity Interests. Unless Sale Proceeds are sufficient to pay all Administrative Expenses, Priority Claims, and Classes 1-4 in full, all Equity Interests will be extinguished on the Effective Date. The Plan Proponent does not reasonably anticipate that Sale Proceeds will be sufficient to permit any distribution to Class 6 without violating the absolute priority rule. Class 6 is comprised exclusively of Insiders. On or as soon as practicable after the Confirmation Date, the Plan Proponent shall be authorized to retain an independent third-party management company called HME Properties, LLC to manage the Real Estate (the "Property Manager"). The Property Manager shall be responsible for collecting rents, paying ordinary expenses, repairs and maintenance pending the Sale. The Property Manager will be entitled to customary compensation not to exceed 5% of the monthly rent collected from the Real Property plus reimbursement of normal expenses. The Plan Proponent has received an offer from ALC to purchase the Real Estate Collateral for $4,900,000. All terms of the ALC Transaction are set forth in the ALC Purchase Agreement. A "Third Party Overbid" shall mean: a bid to purchase the Real Estate Collateral on identical terms to the ALC Transaction (excepting the price term), provided the proposed purchase price is at least $50,000 higher than the ALC Transaction. To be valid, a Third Party Overbid must be submitted in the form of a signed copy of the Purchase Agreement delivered to the Plan Proponent and an earnest money deposit equal to 10% of the proposed purchase price must be received by First Dakota Title in Sioux Falls, SD, no later than August 3, 2026 (the "Third Party Overbid Deadline"). All offers to purchase the Real Estate Collateral must be submitted on the same form of Purchase Agreement as the ALC Purchase Agreement. To ensure timely submission of a valid Third Party Overbid, bidders are encouraged to contact counsel for the Plan Proponent to request a Word version of the purchase agreement and wire instructions no later than July 31, 2026. If the Plan Proponent receives one or more valid and timely Third Party Overbid(s), the Plan Proponent shall select the highest and best Third Party Overbid and a backup bid (which may be the ALC Transaction, in the event of a single Third Party Overbid), and it shall file a notice on the docket no later than August 5, 2026 announcing a successful bid and backup bid ("Third Party Overbid Notice"). A trust shall be formed on the Effective Date for the benefit of creditors (the "Creditor Trust") pursuant to the Creditor Trust Agreement. On the Effective Date, all Causes of Action shall be assigned by Debtor to the Creditor Trust. The primary asset of the Creditor Trust shall be the potential avoidance of prepetition transfers to Insiders, the gross value of which exceeds $3.4 million. The Creditor Trustee shall investigate, litigate and/or settle Causes of Action for the benefit of all Holders of Class 3 Claims. With the consent of secured creditors, on or as soon as practicable after the Effective Date, the Debtor shall transfer no less than $50,000 from proceeds of the Sale of Real Estate Collateral to fund the Creditor Trust. By entry of the Confirmation Order by the Bankruptcy Court, Plan Proponent will be authorized to sell the Real Estate Collateral on the terms set forth in the ALC Purchase Agreement or a Third Party Overbid, whichever offer is highest and best, pursuant to Sections 1123(a)(5)(d) and 1123(b)(4) of the Bankruptcy Code, free and clear of all liens, claims, interests, and encumbrances to the maximum extent permitted by the Bankruptcy Code, with any such security interests attaching to the Sale Proceeds with the same validity, priority, and extent as existed prepetition, for subsequent distribution under the Plan. A full-text copy of the Amended Disclosure Statement dated June 22, 2026 is available at https://urlcurt.com/u?l=gluhnI from PacerMonitor.com at no charge. Counsel to Plan Proponent: VOGEL LAW FIRM Caren W. Stanley, Esq. Kesha L. Tanabe, Esq. Drew J. Hushka, Esq. 218 NP Avenue PO Box 1389 Fargo, ND 58107-1389 Telephone: (701) 237-6983 Fax: (701) 476-7676 About Generations on 1st and Parkside Place Generations on 1st, LLC, a company in Fargo, N.D., and its affiliate Parkside Place, LLC, filed Chapter 11 petitions (Bankr. D.N.D. Lead Case No. 25-30002) on Jan. 6, 2025. In their petitions, Generations on 1st reported total assets of $13,567,037 and total liabilities of $12,137,102 while Parkside Place reported $7,221,882 in assets and $5,599,522 in liabilities. Judge Shon Hastings handles the cases. The Debtors are represented by Maurice VerStandig, Esq. at The Dakota Bankruptcy Firm. Red River State Bank, as lender, is represented by Drew J. Hushka, Esq., at Vogel Law Firm. GENESIS HEALTHCARE: July 22 Disclosure Statement Hearing Set ------------------------------------------------------------ On May 11, 2026, Genesis Healthcare, Inc. and its Debtor Affiliates filed a Joint Chapter 11 Plan and the related Disclosure Statement. On May 26, 2026, the Debtors filed the Debtors' Motion for Entry of Order (I) Approving the Adequacy of the Disclosure Statement; (II) Approving Solicitation and Voting Procedures in Connection with Confirmation of Plan; (III) Approving the Forms of Ballots and Notices in Connection Therewith; (IV) Scheduling Certain Dates with Respect Thereto; and (V) Granting Related Relief (the "Solicitation Procedures Motion"), seeking approval of, among other things, (i) the adequacy of the information contained in the Disclosure Statement, (ii) proposed procedures for soliciting and tabulating votes on the Plan, and (iii) related dates and deadlines. The Solicitation Procedures Motion and the relief sought therein, including the determination of the adequacy of the information contained in the Disclosure Statement, was previously set for hearing on Tuesday, June 30, 2026 at 1:30 p.m. (prevailing Central Time) (the "Disclosure Statement Hearing"). The Disclosure Statement Hearing has been continued until Wednesday, July 22, 2026 at 9:30 a.m. (prevailing Central Time) and will take place before the Honorable Chief Judge Stacey G.C. Jernigan, U.S. Bankruptcy Judge for the Northern District of Texas, Dallas Division (the "Court"). Please be advised that the Disclosure Statement Hearing may be further continued from time to time by the Court or the Debtors without further notice other than by such continuance and/or adjournment being announced in open court or by a notice of continuance and/or adjournment filed on the Court's docket. Any objection to (i) the adequacy of information contained in the Disclosure Statement or (ii) the relief sought in the Solicitation Procedures Motion was to be filed and served on counsel to the Debtors by no later than Tuesday, June 23, 2026 at 5:00 p.m. (prevailing Central Time) (the "Objection Deadline"), unless the Objection Deadline was otherwise extended for a party-in-interest by counsel to the Debtors in writing. The Disclosure Statement Hearing will be conducted in hybrid format, with parties being permitted to appear either in-person at the U.S. Bankruptcy Court located at 1100 Commerce Street, 14th Floor, Courtroom No. 1, Dallas, TX 75242 or virtually via WebEx, at their option. For purposes of the Disclosure Statement Hearing, the Court will allow argument and evidence to be presented and witness testimony to be given via WebEx. Parties who wish to participate in the Disclosure Statement Hearing via WebEx may do so at the following link: https://us-courts.webex.com/meet/jerniga Parties who wish to participate in the Disclosure Statement Hearing by teleconference may do so via WebEx using the following dialin and access code information: Dial-In: 650-479-3207 Access Code: 2304 154 2638 Hearing appearances must be made electronically in advance of electronic hearings. To make your appearance, click the "Electronic Appearance" link on Judge Jernigan's homepage: https://www.txnb.uscourts.gov/electronicappearances-5. Select the case name, complete the required fields, and click "Submit" to complete your appearance. Copies of the documents referenced herein, including the Plan, the Disclosure Statement, and the Solicitation Procedures Motion may be obtained (i) at the website established by the Debtors' claims and noticing agent, Epiq Corporate Restructuring, LLC, at https://dm.epiq11.com/case/genesis, (ii) from the Court's website at http://www.txnb.uscourts.govvia ECF/Pacer, or (iii) upon request to the undersigned. Counsel for the Debtors and Debtors-in-Possession: Charles R. Gibbs, Esq. MCDERMOTT WILL & SCHULTE LLP 2801 N. Harwood Street, Suite 2600 Dallas, TX 75201-1574 Telephone: (214) 295-8000 Facsimile: (972) 232-3098 Email: crgibbs@mcdermottlaw.com - and - Daniel M. Simon, Esq. Emily C. Keil, Esq. William A. Guerrieri, Esq. Catherine L. Bloomberg, Esq. Landon W. Foody, Esq. MCDERMOTT WILL & SCHULTE LLP 444 West Lake Street, Suite 4000 Chicago, Illinois 60606 Telephone: (312) 372-2000 Facsimile: (312) 984-7700 Email: dsimon@mcdermottlaw.com ekeil@mcdermottlaw.com wguerrieri@mcdermottlaw.com cbloomberg@mcdermottlaw.com lfoody@mcdermottlaw.com About Genesis Healthcare Based in Culver City, Calif., Genesis Healthcare Inc. is a medical group that provides physician services in Southern California. Genesis Healthcare has operated under the names Daehan Prospect Medical Group and Prospect Genesis Healthcare. Genesis Healthcare Inc. and several affiliated debtors sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case 25-80185) on July 9, 2025. In its petition, Genesis Healthcare Inc. listed between $1 billion and $10 billion in estimated assets and liabilities. The Hon. Bankruptcy Judge Stacey G. Jernigan handles the jointly administered cases. The Debtors employed McDermott Will & Schulte LLP as counsel; Jefferies LLC as investment banker; and Ankura Consulting Group, LLC, as restructuring advisors, and designated Louis E. Robichaux IV and Russell A. Perry as co-chief restructuring officers. Katten Muchin Rosenman LLP serves as special counsel at the sole direction of Jonathan Foster and Elizabeth LaPuma in their capacity as independent directors and members of the special investigation committee. The U.S. Trustee appointed an official committee of unsecured creditors in the Chapter 11 cases of Genesis Healthcare Inc. and affiliates. The committee retained Proskauer Rose LLP and Stinson LLP as its co-counsel; FTI Consulting, Inc., as its financial advisors; and Houlihan Lokey Capital, Inc. as its investment banker. GLOBAL LEADERSHIP: Seeks Chapter 11 Bankruptcy in New York ---------------------------------------------------------- On June 26, 2026, Global Leadership Foundation filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of New York. According to the court filing, the Debtor reports between $1 million and $10 million in debt owed to creditors. A meeting of creditors filed by the Office of the United States Trustee under Section 341(a) to be held on August 3, 2026 at 09:15 AM at USA Toll-Free (888) 330-1716, USA Caller Paid/International Toll (713) 353-7024, Access Code 8185618. The Chapter 11 Subchapter V plan must be filed by September 24, 2026. About Global Leadership Foundation Global Leadership Foundation is a College Point, New York-based organization that provides educational support services and leadership development programs. The organization focuses on initiatives designed to foster education, training, and leadership skills. Global Leadership Foundation sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. not provided) on June 26, 2026. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $1 million and $10 million. Court documents do not specify the reasons for the Chapter 11 filing. Honorable Bankruptcy Judge Elizabeth S. Stong handles the case. The Debtor is represented by Sari Placona, Esq. of McManimon, Scotland & Baumann, LLC. Samuel Dawidowicz, CPA serves as Subchapter V Trustee. GUNSTOCK RANCH: Unsecureds to Get Share of Income for 3 Years ------------------------------------------------------------- Gunstock Ranch Inc., ("GSR") filed with the U.S. Bankruptcy Court for the District of Hawaii a First Amended Plan of Reorganization for Small Business dated June 22, 2026. The Debtor is a working ranch located on the north shore of the island of Oahu, near the town of Laie. GSR was founded in 1973, on land formerly used by Kahuku sugar mill. The Debtor has approximately 28 employees who are "leased" through ALTRES, an employee leasing and payroll service. GSR maintains a cattle herd of approximately 75 head of cattle (mostly raised for slaughter) and a horse herd of approximately 45 horses, which, along with four utility terrain vehicles, are used for guided trail rides for guests. GSR also generates income from renting portions of its land for filming. GSR operates on approximately 900 acres of land which is leased from Property Reserve Inc. ("PRI"), pursuant to a Ground Lease (the "Lease") dated May, 2017. The Lease expires in 2042. Monthly base rent under the Lease is approximately $7,228.92. Under the Plan, the Debtor will devote all of its projected Disposable Income toward the payment of Creditors over a three-year period. The Plan will be funded with the funds that are not for the payment of expenditures necessary for the continuation, preservation, or operation of the business of the Debtor. The Plan provides for payment of Administrative Expense Claims, Priority Tax Claims, and Allowed Secured Claims in accordance with the Bankruptcy Code, and projects payment to Allowed General Unsecured Claims. Finally, Holders of Equity Interests will retain their Equity Interests as they existed on the Commencement Date. Class 5 consists of General Unsecured Claims. All Allowed General Unsecured Claims shall be paid pro rata in semi-annual installments over a three-year period from any Disposable Income commencing on the First Distribution Date to the Last Distribution Date. The allowed unsecured claims total $3,008,813.04. This Class is impaired. Equity interest holders in Class 6 shall maintain existing Equity Interests. The Plan will be funded by the proceeds realized from the operations of the Debtor. On Confirmation of the Plan, all property of the Debtor, tangible and intangible, including, without limitation, will revert, free and clear of all Claims and Equitable Interests except as provided in the Plan, to the Debtor. The officers and directors of the Debtor immediately prior to the Effective Date shall serve as the initial officers and directors of the Reorganized Debtor on and after the Effective Date. Each officer and director shall serve in accordance with applicable non-bankruptcy law and the Debtor’s corporate governance documents, as each of the same may be amended from time to time. The Debtor must submit all or such portion of the future earnings or other future income of the Debtor as is necessary for the execution of the Plan. A full-text copy of the First Amended Plan dated June 22, 2026 is available at https://urlcurt.com/u?l=55r1bL from PacerMonitor.com at no charge. Counsel to the Debtor: Allison A. Ito, Esq. Chuck C. Choi, Esq. Choi & Ito 700 Bishop Street, Suite 1107 Honolulu, HI 96813 Telephone: (808) 533-1877 Facsimile: (808) 566-6900 Email: aito@hibklaw.com Email: cchoi@hibklaw.com About Gunstock Ranch Inc. Gunstock Ranch Inc. is a Hawaii-based company engaged in ranching and agricultural operations. The company manages livestock and related agricultural activities and is privately held. Gunstock Ranch Inc. sought protection under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Hawaii Case No. 26-00019) on January 10, 2026, with $500,001 to $1 million in assets and liabilities. Judge Robert J. Faris presides over the case. Allison A. Ito, Esq., at Choi & Ito, is the Debtor's legal counsel. HCW BIOLOGICS: Sets 1-for-6 Reverse Stock Split ----------------------------------------------- HCW Biologics Inc.'s board of directors approved a 1-for-6 reverse stock split expected to take effect at about 12:01 a.m. Eastern on June 30, according to a Form 8-K filing with the Securities and Exchange Commission. The company said its common stock is expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market at the June 30 market open under the existing symbol HCWB and a new CUSIP number, 40423R303. Stockholders granted the board authority to implement a reverse split at the company's June 15 annual meeting. The board approved the 1-for-6 ratio on June 24. HCW said it is effecting the split to help ensure compliance with Nasdaq's minimum bid price rule and terms of a May 29 decision letter from the Nasdaq Hearings Panel. Under the panel's terms, future noncompliance with Nasdaq Listing Rule 5550(a) before Sept. 22 would result in automatic delisting. Fractional shares will be rounded up to the next whole share, and no cash, scrip or other consideration will be paid for fractional shares. HCW said 9,581,079 common shares were outstanding as of June 25 and about 1,596,849 shares will be outstanding after the split, subject to adjustment for rounding fractional shares. About HCW Biologics Inc. HCW Biologics Inc. is a clinical-stage biopharmaceutical company based in Miramar, Florida, developing fusion immunotherapeutics for diseases promoted by chronic inflammation. Its programs address autoimmune disorders and other proinflammatory diseases, cancer and senescence-associated dysplasia. The company has developed the TOBI and TRBC platforms to engineer multifunctional fusion proteins and protein complexes, and it has commercial-ready proprietary molecules used as reagents in immunotherapeutic production. In an audit report dated March 31, 2026, Crowe LLP included a going-concern paragraph, citing recurring losses from operations, negative cash flows from operations, negative working capital and the need for funding to support operations. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the company reported total assets of $27.34 million, total liabilities of $21.58 million, and stockholders' equity of $5.76 million. HIGHLAND CAPITAL: Supreme Court Rejects Chap. 11 Gatekeeper Appeal ------------------------------------------------------------------ Rick Archer of Law360 Bankruptcy Authority reports that Highland Capital Management LP failed to persuade the U.S. Supreme Court to revisit a Fifth Circuit ruling that narrowed key liability protections included in the company's Chapter 11 reorganization plan. The justices denied the firm's petition for review on Monday, leaving the lower court's decision undisturbed. At issue were broad claims releases and a gatekeeper provision that required court approval before certain lawsuits related to the bankruptcy could proceed. The Fifth Circuit determined those provisions swept too broadly and exceeded the bankruptcy court's authority, although it did not disturb the remainder of Highland's confirmed plan, the report cites. The Supreme Court's refusal to hear the appeal effectively ends the litigation over the disputed provisions. The ruling leaves intact an appellate decision that could continue to shape the permissible scope of nondebtor releases and gatekeeper mechanisms in future Chapter 11 restructurings, according to Law360. About Highland Capital Management Highland Capital Management, LP was founded by James Dondero and Mark Okada in Dallas in 1993. Highland Capital is the world's largest non-bank buyer of leveraged loans in 2007. It also manages collateralized loan obligations. In March 2007, it raised $1 billion to buy distressed loans. Collateralized loan obligations are created by bundling together loans and repackaging them into new securities. Highland Capital Management sought Chapter 11 protection (Bank. D. Del. Case No. 19-12239) on Oct. 16, 2019. On Dec. 4, 2019, the case was transferred to the U.S. Bankruptcy Court for the Northern District of Texas and was assigned a new case number (Bank. N.D. Tex. Case No. 19-34054). Judge Stacey G. Jernigan is the case judge. At the time of the filing, Highland had between $100 million and $500 million in both assets and liabilities. The Debtor tapped Pachulski Stang Ziehl & Jones LLP as bankruptcy counsel, Foley & Lardner LLP as special Texas counsel, and Teneo Capital, LLC as litigation advisor. Kurtzman Carson Consultants, LLC, is the claims and noticing agent. The U.S. Trustee for Region 6 appointed a committee of unsecured creditors on Oct. 29, 2019. The committee tapped Sidley Austin LLP and Young Conaway Stargatt & Taylor LLP as bankruptcy counsel, and FTI Consulting, Inc. as financial advisor. HOSTEL FISH: Seeks Subchapter V Bankruptcy in Washington -------------------------------------------------------- On June 25, 2026, Hostel Fish Seattle LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Western District of Washington. Court records show the Debtor reports between $500,000 and $1 million in liabilities owed to 1–49 creditors. The filing follows weaker-than-anticipated hospitality demand in the Seattle area during the 2026 World Cup. the bankruptcy filing, the hostel continues normal operations and remains available for bookings. About Hostel Fish Seattle LLC Hostel Fish Seattle LLC is a Seattle-based provider of boutique hostel accommodations. The company operates a 129-room hostel in the Belltown district, serving domestic and international travelers with affordable lodging options. Hostel Fish Seattle LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. not provided) on June 25, 2026. The petition lists estimated assets ranging from $100,000 to $500,000 and estimated liabilities between $500,000 and $1 million. Honorable Bankruptcy Judge Timothy W. Dore presides over the case. The Debtor is represented by Daniel Kubitz, Esq. and Laurie Thornton, Esq. of Schwabe Williamson & Wyatt P.C. HRONIS INC: Gets Court OK to Increase DIP Financing to $54.023-Mil. ------------------------------------------------------------------- Hronis, Inc. and affiliated debtors obtained court approval from the U.S. Bankruptcy Court for the Eastern District of California, Fresno Division, to increase their debtor-in-possession financing from Conterra Agricultural Capital, LLC. The court amended its final DIP order by increasing the maximum amount of the loan to $54.023 million from $22.303 million and extended the maturity date to July 31 from July 1. Moreover, the order required the Debtors to obtain court approval of the proposed sale by July 7. The amendments alter only the loan amount and timeline necessary to properly administer the Debtors' estates, without impairing the existing rights of any other parties in interest. The necessity for this amendment stems from a four-week extension of the Chapter 11 sale process timeline following a challenge filed by the official committee of unsecured creditors. This prolonged timeframe directly overlaps with the agricultural harvest season, a period during which the Debtors face a significant surge in seasonal operating expenses, alongside accumulating bankruptcy professional fees and administrative costs. To prevent a catastrophic liquidity crunch that could disrupt operations within the next business week, the Debtors urgently require a temporary injection of operational capital. The order is available at http://bankrupt.com/misc/HronisInc_AFDIPOrder436.pdf The amended budget is available at http://bankrupt.com/misc/HronisInc_ADIPBudget.pdf About Hronis Inc. Hronis, Inc. is an agricultural company based in Delano, Calif., that grows, harvests and markets table grapes in California's San Joaquin Valley, with operations dating to 1945. The business cultivates grapes on about 6,000 acres of owned and leased land in Kern and Tulare counties and produces more than 80 million pounds of table grapes annually, supplying major retailers, supermarket chains and other commercial customers through a vertically integrated operation that includes hand harvesting, packing, cold storage and distribution. The company also grows citrus and has begun planting pistachios, which are in early-stage development. Hronis and its affiliates sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Cal. Lead Case 26-10978) on March 6, 2026, with between $50 million and $100 million in both assets and liabilities. Judge Rene Lastreto II oversees the cases. The Debtors tapped Zev M. Schectman, Esq., and Steven F. Werth, Esq., Mariam Khoudari, Esq., at Saul Ewing, LLP as bankruptcy counsel and Donlin, Recano and Co. as claims and noticing agent. Conterra Agricultural Capital, LLC, as DIP lender, is represented by: Bernie Kornberg, Esq. Andrew Morton. Esq, Brianna Morrison, Esq. MILLER NASH LLP 340 Golden Shore, Suite 450 Long Beach, CA 90802 Telephone: (562) 435-8002 andy.morton@millernash.com brianna.morrison@millernash.com - and - Marc Hirschfield, Esq. Marc F. Skapof, Esq. ROYER COOPER COHEN BRAUNFELD LLC 1120 Avenue of the Americas, 4th Floor New York, NY 10036 Telephone: (212) 994-0451 mhirschfield@rccblaw.com mskapof@rccblaw.com HUGHES SATELLITE: Manson Leaves EchoStar Legal Role --------------------------------------------------- Dean Manson stepped down as EchoStar Corp.'s chief legal officer and secretary effective June 26, according to a Form 8-K filed by EchoStar and Hughes Satellite Systems Corp. with the Securities and Exchange Commission. The filing said Manson, who has been with EchoStar and its Hughes Network Systems subsidiary for 26 years, informed the company in April of his intent to step down and formalized his resignation June 23. Manson will remain a senior adviser to the company for a period before taking a career break. Jeffrey Blum, executive vice president of government affairs, will serve as acting chief legal officer and secretary while the company searches for a permanent successor. The filing said Blum has been with the company since 2005 and has no reportable family relationships or related-party transactions. About Hughes Satellite Systems Corp Hughes Satellite Systems Corporation, based in Englewood, Colorado, provides broadband satellite and internet products and services, broadband network technologies, managed services, equipment, hardware, satellite services, and communications solutions. The company also designs, provides, and installs gateway and terminal equipment and develops telecommunication networks comprising satellite ground segment systems and terminals. It leases capacity on EchoStar XXIV from EchoStar Corporation, its parent, to deliver satellite services to consumer, enterprise, aeronautical, and government markets, including unserved and underserved consumer markets in the Americas. Hughes Satellite Systems serves customers including home and small to medium-sized businesses, retailers, financial institutions, aircraft connectivity providers, lottery agencies, companies with multi-branch networks, mobile system operators, airline and airline service providers, and the U.S. government. In an audit report dated March 30, 2026, KPMG LLP issued a going-concern audit report for Hughes Satellite Systems, citing significant debts maturing in 2026 and a lack of necessary cash on hand, projected cash flows or committed financing to fund obligations for at least 12 months. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, Hughes Satellite Systems Corp reported total assets of $1.9 billion, total liabilities of $2.76 billion, and a stockholders' deficit of $856.5 million. HUNT PROPERTIES: Starts Chapter 11 Bankruptcy in Tennessee ---------------------------------------------------------- On June 25, 2026, Hunt Properties filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Western District of Tennessee. According to the court filing, the Debtor reports between $50 million and $100 million in debt owed to 1–49 creditors. A meeting Of creditors under Section 341(a) to be held on July 29, 2026 at 01:30 PM at via telephonic or video conference. The Chapter 11 plan and disclosure statement must be filed by October 23, 2026. About Hunt Properties Hunt Properties is a Jackson, Tennessee-based commercial real estate development and management firm. The company focuses on the acquisition, development, leasing, and management of commercial real estate properties. Hunt Properties sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. not provided) on June 25, 2026. In its petition, the Debtor reports estimated assets between $100 million and $500 million and estimated liabilities between $50 million and $100 million. Honorable Bankruptcy Judge James L. Croom handles the case. The Debtor is represented by Thomas Harold Strawn, Jr., Esq. of Thos. Strawn, Attorney At Law. I A P CONSTRUCTION: Cash Collateral Access Extended to July 29 -------------------------------------------------------------- I A P Construction, Inc. received 16th interim approval from the U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division to use cash collateral until July 29. The Debtor requires access to cash collateral to pay the expenses set forth in its budget, subject to a 10% variance. The Debtor projects total operational expenses of $245,738.10 for July. American Community Bank & Trust may have an interest in the Debtor's assets, including cash collateral. As protection for the use of its cash collateral, the bank will be granted replacement liens on all post-petition property of the Debtor, including cash collateral, with the same validity, priority and extent as its pre-bankruptcy liens. The Debtor's right to use cash collateral will terminate upon entry of a court order directing the cessation of the use of cash collateral; dismissal of the Debtor's Chapter 11 case; or conversion of the case to one under Chapter 7. The next hearing is scheduled for July 28. The order is available at https://shorturl.at/BDrcp from PacerMonitor.com. About I A P Construction I A P Construction, Inc. filed Chapter 11 petition (Bankr. N.D. Ill. Case No. 25-02709) on February 24, 2025, listing up to $1 million in both assets and liabilities. Ian Proce, president of IAP, signed the petition. Judge Deborah L. Thorne oversees the case. The Debtor is represented by: David R. Herzog, Esq. Law Offices of David R Herzog Tel: 312-977-1600 Email: drh@dherzoglaw.com INSIGHT PHOTONIC: Updates Unsecured Claims Pay Details ------------------------------------------------------ Insight Photonic Solutions, Inc. and Insight Lidar, Inc. submitted a Modified Disclosure Statement for the Second Amended Joint Plan of Reorganization dated June 22, 2026. The ultimate purpose of the Plan is to preserve value for the creditors and investors through one or more Liquidity Events, which may take several years to come to fruition. Post-Confirmation, Consolidated Insight shall, while continuing business operations, seek out possible opportunities for the sale of the assets/businesses. On November 7, 2025, Debtors filed another motion to obtain approval of additional secured financing from Fives Lund. Fives Lund committed to loan Debtors an additional $75,000 for operational and reorganizational costs, secured by a lien on all of Debtors' assets, subject to the approval of the Court. Saxum also objected to this motion, but withdrew its objection on May 6, 2026. On May 9, 2026, the Court approved the financing. Class 8 consists of CD Unsecured Claims. These are Unsecured Claims of the holders of convertible debentures against Insight Photonic and/or Insight Lidar totaling $16,289,687.00, of which $15,996,868.00 are against Insight Photonic and $292,819.00 are against Insight Lidar. Class 8 is impaired. The convertible feature of the loans constituting these Claims shall be cancelled and extinguished. The holders of Allowed Claims in this Class will be paid pro rata, together with the Allowed Claims in Class 9 (General Unsecured Claims), in Cash or in kind, upon the sooner to occur of a Liquidity Event or December 20, 2028, after payment in full of all Administrative Claims, Priority Tax Claims, and Claims in Classes 1, 2, 3, 4.1, 4.2 (including the Multiplier portion of these Claims), 5 (to the extent these Claim are not avoided), 6 and 7. Class 9 consist of all Unsecured Claims against either Debtor except for CD Unsecured Claims, and include Claims arising from the rejection of executory contracts and/or unexpired leases, Deficiency Claims (the portion of a Claim that exceeds the value of the holder of the Claim's interest in property subject to a Lien), and any allegedly secured but unperfected Claims that are not otherwise dealt with in the Plan. General Unsecured Claims against Insight Photonic are $26,627,670.32, and Insight Lidar $656,307.00 for a total of $27,283,977.32. This Class includes a Claim filed by Carl Zeiss Meditec, Inc. against Insight Photonic in the amount of $19.5 million (POC #14) arising out of the litigation. Debtors believe this Claim is widely overstated and intend to have this Claim estimated prior to voting on the Plan. If this Claim amount is not included in the total amount of Claims in Class 9, that number is $7,127,670.32. Class 9 is impaired. Unless otherwise agreed, the holders of Allowed Claims in this Class will be paid pro rata, together with the Allowed Claims in Class 8 (CD Unsecured Claims), in Cash or in kind, upon the sooner to occur of a Liquidity Event or December 20, 2028, after payment in full of all Administrative Claims, Priority Tax Claims, and Claims in Classes 1, 2, 3, 4.1, 4.2 (including the Multiplier portion of these Claims), 4 (to the extent these Claim are not avoided), 6 and 7. Class 10 consists of Existing Equity Interests. This Class is impaired. All IPS and Lidar Existing Equity Interests shall be cancelled and extinguished as of the Effective Date of the Plan. Further, all IPS and Lidar Existing Shareholders shall receive New Common Stock if all prior Classes (including all Third Tier Secured Debt) have been paid in full. In such event, Consolidated Insight shall issue New Common Stock to all Existing Shareholders in an amount equal to 10 shares for each $1.00 of the amount originally invested by each such shareholder in either IPS and/or Lidar, as the case may be. Provided, however, to the extent any shareholder has provided funding to IPS and/or Insight Lidar post-2023, the amount originally invested by a shareholder shall be reduced by the principal amount of the funding. Since Class 10 is impaired, all Existing Shareholders are entitled to vote to accept or reject the Plan. Upon the Effective Date, the Chapter 11 Cases shall be consolidated into the case of Consolidated Insight as a single consolidated case. As stated more fully in Article IV. B., all property of the estates of each Debtor shall become property of the estate of Consolidated Insight, and all Claims against each Debtor shall become Claims against Consolidated Insight. All intercompany Claims of any Debtor against another Debtor shall be cancelled, and all guarantees by any Debtor in favor of any other Debtor shall be eliminated. On the Effective Date, title to all of Insight Photonics' and Insight Lidar's assets and property, including all claims, causes of actions and other interests, shall be vested in Consolidated Insight, free and clear of any Liens and Claims, except as specifically identified in this Plan. On the Effective Date, Consolidated Insight shall (a) authorize New Common Stock in an amount sufficient to comply with the provisions of this Plan, and (b) issue New Common Stock to those 2024 Secured Lenders and Pre-2024 Secured Lenders as follows: each lender shall receive one (1) share of New Common Stock based on total principal and interest loaned as of the Effective Date (which includes the Multiplier amount in the case of the 2024 Secured Lenders), divided by $100,000.00 and ignoring fractionals. Consolidated Insight shall update the Projected Budget attached hereto on a periodic basis when needed and shall make it available to the Oversight Board. The funds necessary for Consolidated Insight to continue in business pending a Liquidity Event shall be obtained from ongoing business operations and additional postpetition loans, if any. A full-text copy of the Modified Disclosure Statement dated June 22, 2026 is available at https://urlcurt.com/u?l=4hTmcW from PacerMonitor.com at no charge. Counsel for the Debtors: J. Brian Fletcher, Esq. Alice A. White, Esq. Onsager | Fletcher | Johnson | Palmer LLC 600 17th Street, Suite 425 North Denver, CO 80202 Telephone: (720) 457-7059 Email: jbfletcher@OFJlaw.com About Insight Photonic Solutions Insight Photonic Solutions, Inc., in Broomfield, CO, filed its voluntary petition for Chapter 11 protection (Bankr. D. Colo. Case No. 24-13141) on June 6, 2024, listing $1 million to $10 million in assets and $10 million to $50 million in liabilities. Michael Minneman as chief executive officer, signed the petition. Judge Michael E. Romero oversees the case. ONSAGER | FLETCHER | JOHNSON | PALMER LLC serves as the Debtor's legal counsel. INTEGRITY IRON: Gets Interim OK to Use Cash Collateral ------------------------------------------------------ Integrity Iron, LLC received interim approval from the U.S. Bankruptcy Court for the District of Colorado to use cash collateral to fund operations. Under the interim order, the Debtor is authorized to use cash collateral based on its court-approved budget through the July 21 final hearing. The Debtor's cash collateral includes approximately $996,518 in accounts receivable and $52,096 in cash on hand as of the petition date. The secured creditors asserting interests in substantially all of the Debtor's assets including cash collateral are BOK Financial, CT Corporation Systems, and Newtek Bank, N.A. As adequate protection, any secured creditor holding a properly perfected interest in the cash collateral will receive replacement liens on all post-petition accounts receivable. Additional safeguards include insurance coverage on the Debtor's personal property and regular financial reporting. The order is available at http://bankrupt.com/misc/IntegrityIron_ICCOrder39.pdf A final hearing is scheduled for July 21. Integrity Iron attributes its financial distress primarily to a prior building collapse incident that was not its fault but resulted in approximately $1 million in overtime costs that were not reimbursed by insurance. The resulting disruption contributed to delayed IRS wage tax payments (now under a repayment plan) and alleged covenant issues with its primary lender, BOK Financial, although the Debtor states it is current on loan payments. About Integrity Iron LLC Integrity Iron LLC is a Commerce City, Colorado-based steel services company run by Bill Farmer since 2006. The company provides structural steel erection, crane services, welding, roof decking, and miscellaneous steel detail work, including railings, stair systems, canopies, access ladders, walkways, grating, and safety cabling systems. Integrity Iron serves commercial and residential projects in Colorado. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Colo. Case No. 26-14334) on June 16, 2026. In the petition signed by William Farmer, managing member, the Debtor disclosed $1,442,049 in total assets and $4,195,576 in total liabilities. Judge Michael E. Romero oversees the case. Aaron A. Garber, Esq., at Wadsworth Garber Warner Conrardy, P.C., represents the Debtor as legal counsel. IQSTEL INC: Signs MOU to Acquire 51% of ULTRANET Telecom Group -------------------------------------------------------------- IQSTEL Inc. published its Letter to Shareholders disclosing a Binding MOU to acquire a 51% controlling interest in ULTRANET Telecom Group -- the largest transaction in IQSTEL's history -- and detailing a structural profitability inflection expected to multiply the Company's net income from operations by approximately four times. In parallel, IQSTEL outlined its accelerating transition from a pure-play telecom carrier into a high-margin digital services platform with access to an addressable market of up to 23 million digital services users through its existing global operator network. The Profitability Inflection: What ULTRANET Delivers ULTRANET Telecom Group is a profitable, fully audited telecommunications operator with established operations across six African countries. Based on ULTRANET's FY 2025 audited financial statements, the planned Q3 2026 acquisition is expected to deliver an immediate, verified profitability boost to IQSTEL on a consolidated basis, including: approximately $4.5 million in added annual net income, representing an approximately 4x increase in IQSTEL net income from operations and the single largest profitability leap in the Company's history; approximately $130 million in added annual revenue, a roughly 30% revenue increase in one transaction that pushes IQSTEL above a $500 million annualized run rate; approximately $21 million in total assets added, strengthening the balance sheet and improving borrowing capacity and institutional credibility; approximately $13 million in added shareholders' equity, directly increasing per-share intrinsic value and supporting long-term capital allocation strategy; approximately $9 million in combined Adjusted EBITDA, positioning IQSTEL approximately halfway toward its $15 million EBITDA mid-term run rate target; and expansion of IQSTEL's operational footprint to approximately 30 countries across Africa, Latin America, and Europe. From Telecom Carrier to High-Margin Digital Platform While the revenue and profitability contribution of ULTRANET is significant, management believes the strategic value may be even greater. IQSTEL's existing commercial platform already reaches over 600 of the world's largest telecom operators, creating access to approximately 2.3 billion end users globally. ULTRANET's African presence and operator relationships provide IQSTEL with a ready-made regional channel through which it can immediately begin deploying its high-margin Digital Services portfolio, which currently includes fintech and mobile money solutions, enterprise and operator cybersecurity services, proprietary artificial intelligence applications, digital health platforms, and digital content distribution. If IQSTEL captures just 1% of the 2.3 billion end users accessible through its global operator network, that represents a potential addressable market of 23 million Digital Services users -- at margins that significantly exceed traditional telecommunications connectivity. ULTRANET's African footprint adds a high-growth regional channel where digital financial and content services remain significantly underserved. The Company intends to leverage the combined platform to extend ULTRANET's distribution reach beyond Africa into the Middle East and Asia -- two of the highest-growth telecommunications and digital services regions in the world -- creating a scalable international growth engine with meaningfully higher margin characteristics than the Company's current revenue mix. Management Commentary "The Binding MOU with ULTRANET sets the stage for something no single transaction has done before in our history: upon closing in Q3, it is expected to multiply our net income from operations by approximately four times in one step. But the bigger story is what comes next. We have built a platform that touches 2.3 billion end users. We are now deploying fintech, cybersecurity, AI, and digital health through that platform -- services that carry multiples of the margin of traditional telecom. IQSTEL is not becoming a digital services company. IQSTEL already is one." -- Leandro Jose Iglesias, President & CEO, IQSTEL Inc. Revenue Context: A Platform Built for Scale IQSTEL enters this profitability phase backed by a proven revenue track record. The Company has grown from $13.8 million in revenue in 2018 to a projected $560 million year-end run rate in 2026 -- a 40x increase -- with the planned ULTRANET acquisition expected to accelerate the path toward management's stated target of $1 billion in annual revenue. Key milestones include: $44.9 million in 2020, establishing a multi-country telecom platform; $93.2 million in 2022, reflecting consistent M&A-driven growth; $144.5 million in 2023, representing 55% organic growth with zero acquisitions; $283 million in 2024, nearly doubling revenue in a single year; $317 million in 2025, coinciding with the Company's Nasdaq uplisting and first-ever dividend; and a 2026 organic forecast of $430 million growing to a $560 million year-end run rate upon the expected Q3 close of the ULTRANET acquisition. The 2026 estimated organic forecast of $430 million and the combined $560 million year-end run rate upon closing of ULTRANET are forward-looking estimates representing management projections and not guarantees of future performance. Independent Analyst Validation Following the ULTRANET announcement, Litchfield Hills Research reaffirmed its $18.00 per share price target for IQSTEL. The full report is available at https://tinyurl.com/ycy6ndh2. Analyst opinions are their own and do not represent a statement by the Company. The full Shareholder Letter is available at: https://tinyurl.com/4fxsyupn About iQSTEL iQSTEL Inc. is a multinational technology company that provides services across telecom, fintech, blockchain, artificial intelligence, and cybersecurity. The Company operates in 21 countries and serves a global customer base. It projects $340 million in revenue for fiscal year 2025. As of March 31, 2026, the Company had $44.53 million in total assets, $30.23 million in total liabilities, and $14.30 in total stockholders' equity. Pittsburgh, Pennsylvania-based Urish Popeck & Co., LLC, the Company's auditor, issued a "going concern" qualification in its report dated April 6, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, citing that the Company has suffered recurring losses from operations, negative working capital, and does not have an established source of revenues sufficient to cover its operating costs. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish its business plan and eventually attain profitable operations. Accordingly, the Company has determined that these factors raise substantial doubt as to the Company's ability to continue as a going concern. IRIDIUM COMMUNICATIONS: S&P Places 'BB-' ICR on Watch Negative -------------------------------------------------------------- S&P Global Ratings placed all its ratings on Iridium Communications Inc., including the 'BB-' issuer credit rating, on CreditWatch with negative implications. S&P expects to resolve the CreditWatch placement at the close of the transaction. At that time, S&P will likely downgrade Iridium by more than one notch given the material leverage increase and expected tighter cash flow. Rocket Lab Corp. announced yesterday that it will acquire Iridium Communications Inc. in a deal valued at about $8 billion. The company has secured $3.6 billion of bridge financing, which S&P expects will be refinanced with long-term debt, raising estimated leverage on the combined company to above 7x. The acquisition by Rocket Lab will result in pro forma leverage over 7x. S&P said, "Following Iridium's acquisition of Aireon earlier this year, we expected Iridium would temporarily increase leverage above its 4x downside threshold before reducing leverage to the mid-3x area in 2027. However, we expect the acquisition by Rocket Lab will materially increase debt for the combined company." Rocket Lab has secured $3.6 billion of bridge financing, which we expect will be refinanced with long-term debt at the close of the transaction. S&P said, "We expect the $3.6 billion will include the refinancing of Iridium's existing debt. Rocket Lab doesn't currently generate positive EBITDA, with EBITDA of roughly negative $12 million in the first quarter. While Rocket Lab is approaching breakeven, we do not expect this portion of the business will materially contribute to EBITDA over the next 12 months. As a result, we expect leverage will increase substantially and cash flow will tighten due to cash burn at Rocket Lab and increased interest expenses." S&P said, "Over the long term, we believe the combination could yield significant benefits. By combining Rocket Lab's launch capabilities with Iridium's established satellite network, the merged entity would unlock synergies across the space and telecommunications sectors. Rocket Lab could leverage Iridium's global customer base and infrastructure to expand its service offerings beyond launch, while Iridium could benefit from more cost-effective and reliable access to space for its next-generation satellites. However, we don't expect Iridium to begin refreshing its constellation for several years. "We expect to resolve the CreditWatch placement at the close of the transaction. At that time, we will likely downgrade Iridium by more than one notch given the material increase in leverage and expected tighter cash flow." JAMESBRIDGE 2017: Wells Fargo's Receivership Request Denied ----------------------------------------------------------- The Hon. Brian C. Lea of the U.S. District Court for the Western District of Tennessee, Western Division, entered an order denying the appointment of a receiver for Jamesbridge 2017 LLC, CS Jamesbridge LLC, Jamesbridge 5777 LLC and Pinchos David Shemano. Wells Fargo, as trustee for the registered holders of CSAIL 2019-C17 Commercial Mortgage Trust, commercial mortgage pass-through certificates, series 2019-C17, is the lender in the underlying transaction. Plaintiff and Defendants are parties to certain loan documents secured by real property -- a multi-family apartment complex—located at 3815 Advantage Way Drive, Memphis, TN 38128. To purchase the Property, the Borrowers obtained a $15 million loan, secured by the Property via a Deed of Trust, Assignment of Leases and Rents, Security Agreement, and a Fixture Filing. Wells Fargo claims that Borrowers have defaulted by: a. Failing to make monthly payments owed to Lender on the Payment Dates occurring in October, November, and December of 2025, and January and February 2026; b. Failing to comply with covenants as contained in the Loan Agreement; c. Becoming subject to liens which remained undischarged of record for more than 30 business days; and d. Failing to operate and maintain the Property in good and safe condition and repair as in the Loan Agreement, all of which constitutes an Event of Default as provided in the Loan Agreement. Wells Fargo claims there is a significant risk to the property. Specifically, Plaintiff claims that Borrowers have allowed the property to deteriorate in condition to a state of disrepair, "including an entire building that is uninhabitable due to fire damages." On February 4, 2026, Wells Fargo notified the Borrowers that it was accelerating the Loan, demanding payment of the full balance. Wells Fargo seeks the appointment of a receiver to preserve and protect the Lender's security interests in the Property. The controversy is whether the suit is between citizens of different States, which requires so-called "complete diversity," meaning no plaintiff shares state citizenship with any defendant. Federal Rule of Civil Procedure 66 authorizes a court to appoint a receiver. The parties do not contest that federal law controls the appointment of a receiver. A district court enjoys broad equitable powers to appoint a receiver over assets disputed in litigation before the court. The receiver's role and the district court's purpose in the appointment are to safeguard the disputed assets, administer the property as appropriate, and assist the district court in achieving a final, equitable distribution of the assets if necessary. The Court considers the following non-exclusive factors when determining whether to appoint a receiver: (1) the adequacy of the security; (2) the financial position of the borrower; (3) any fraudulent conduct on the defendant's part; (4) imminent danger of the property being lost, concealed, injured, diminished in value, or squandered; (5) inadequacy of legal remedies; (6) the probability that harm to the plaintiff by denial of appointment would outweigh injury to parties opposing appointment; (7) the plaintiff's probable success in the action and the possibility of irreparable injury to the plaintiff's interest in the property; and (8) whether the plaintiff's interests sought to be protected will, in fact, be well-served by a receivership. The Court now turns to reviewing the relevant factors in light of the record in this case. The Court notes some of the factors weigh in favor of imposing a receiver. The undisputed evidence is that Defendants can do so, as Defendants' declarations indicate that they stand ready, willing, and able to make "monthly debt service obligations necessary to bring the loan current" and have actually "sought to bring the loan current" with a lump sum payment only to be met with Plaintiff's refusal "to accept less than the entire loan balance" due to acceleration. Plaintiff may be within its rights to refuse to accept those payments—whether that is so can await resolution on the merits—but these facts indicate that Defendants are in a solid financial condition and that legal remedies would be adequate. According to the Court, the Property was part of the Parties' bargain, and so one must consider Defendants' actions concerning the Property. Logically, those circumstances are of less concern if, as the Court has already concluded, the record currently shows Defendants are in a good financial condition and not engaged in fraudulent conduct, with the result that legal remedies would be adequate. But, putting that aside, concern about or relating to the collateral does not support the appointment of a receiver at this time. Nothing in the record suggests that the collateral is inadequate in and of itself, so the first factor does not support the appointment of a receiver. The Court held that the undisputed evidence shows that Defendants are in the process of resolving both threats to the Property: 1. Plaintiff has not provided any specific information concerning the identity and magnitude of the liens, but in any event, undisputed evidence shows that Defendants and their new third-party property manager have been working to resolve any lien claims, with the financial wherewithal to bring current any outstanding payments. 2. While Plaintiff has provided documented evidence of disrepair on the Property, Defendants have provided undisputed evidence that they have "infused more than $75,000.00 of new capital to address deferred maintenance issues and certain other concerns raised by Wells Fargo" and that they have the financial wherewithal to timely complete the capital improvement project . . . by January 2027 for $2.45 ML. According to the Court, the undisputed evidence is that Plaintiff has yet refused to release insurance proceeds totaling $2,000,000, which is sufficient to repair that building. The Court further held that Plaintiff is free to file a new motion for a receiver if new developments occur or if, after an appreciable period of time, Defendants' efforts to resolve threats to and conditions on the Property either are not working or are not being followed through. But right now, the record does not support the appointment of a receiver. About Jamesbridge 2017 LLC, et al. Jamesbridge 2017 LLC, CS Jamesbridge LLC, Jamesbridge 5777 LLC, and Pinchos David Shemano own a multi-family apartment complex consisting of 414 apartment units located at 3815 Advantage Way Drive, Memphis, TN 38128. Jamesbridge et al., are facing a receivership case captioned as Wells Fargo Bank, National Association, as Trustee for the Registered Holders of CSAIL 2019-C17 Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2019-C17 v. Jamesbridge 2017 LLC, CS Jamesbridge LLC, Jamesbridge 5777 LLC, and Pinchos David Shemano, Case No. 2:26-cv-02264 (W.D. Tenn.), before the Hon. Brian C. Lea. The case was filed on March 12, 2026. Wells Fargo Bank alleges the Borrower defaulted on a $15 million loan, secured by the Property via a Deed of Trust, Assignment of Leases and Rents, Security Agreement, and a Fixture Filing. Jamesbridge 2017 LLC, CS Jamesbridge LLC, and Jamesbridge 5777 LLC are represented by: Yosef Horowitz, Esq. Glankler Brown, PLLC Tel: 901-576-1758 E-mail: jhorowitz@glankler.com – and – S.Joshua Kahane, Esq. Glankler Brown, PLLC Tel: 901-576-1701 E-mail: jkahane@glankler.com Lender is represented by: Erika R. Barnes, Esq. STITES & HARBISON PLLC Tel: (615) 782-2252 E-mail: ebarnes@stites.com JAYJAY PROPERTY: Voluntary Chapter 11 Case Summary -------------------------------------------------- Debtor: JayJay Property Group LLC 2196 Third Avenue #2042 New York NY 10035 Business Description: JayJay Property Group is a privately held company that owns and leases real property. Chapter 11 Petition Date: June 27, 2026 Court: United States Bankruptcy Court Southern District of New York Case No.: 26-11533 Judge: Hon. Shireen A Barday Debtor's Counsel: Vivian M Williams, Esq. VMW LAW PC 733 Third Avenue FL 16 New York NY 10017 Tel: 212-561-5312 Email: vwilliams@thewilliamsfirmnyc.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Chavel Bryant as CEO. The petition was filed without the Debtor’s list of its 20 largest unsecured creditors. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/43B6EJI/JayJay_Property_Group_LLC__nysbke-26-11533__0001.0.pdf?mcid=tGE4TAMA KAIZEN CLEANING: Seeks Subchapter V Bankruptcy in LouIsiana ----------------------------------------------------------- On June 25, 2026, Kaizen Cleaning Solutions, LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Middle District of Louisiana. According to the court filing, the Debtor reports between $100,000 and $500,000 in debt owed to creditors. The deadline for filing the Chapter 11 Small Business Subchapter V plan is September 23, 2026. About Kaizen Cleaning Solutions, LLC Kaizen Cleaning Solutions, LLC is an Addis, Louisiana-based provider of janitorial and commercial cleaning services. The company specializes in cleaning healthcare, dental, and industrial facilities across more than 16 municipalities and operates three service locations. Kaizen Cleaning Solutions, LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. not provided) on June 25, 2026. In its petition, the Debtor reports estimated assets between $50,000 and $100,000 and estimated liabilities between $100,000 and $500,000. Honorable Bankruptcy Judge Michael A. Crawford handles the case. The Debtor is represented by Ryan James Richmond, Esq. of Sternberg, Naccari & White, LLC. KUSTOM ENTERTAINMENT: Sells Video Division to Cycurion for $5.5MM ----------------------------------------------------------------- Kustom Entertainment, Inc. announced that on June 24, 2026, it entered into an Asset Purchase Agreement with Cycurion, Inc. (Nasdaq: CYCU), a Delaware corporation, pursuant to which the Company will sell to Buyer all assets of the Company relating to its video solutions division, including the development, sale, licensing, support and servicing of video hardware, camera products, platforms, software and software solutions. The transaction is anticipated to close on July 15, 2026. This strategic divestiture accelerates Kustom's complete focus on its rapidly growing live event production portfolio and proprietary online ticketing operations, fully aligning corporate resources with its recent rebranding and Nasdaq ticker symbol "KUST." Transaction Overview In consideration for the sale, assignment and delivery of the acquired assets and in consideration of the other agreements contained in the Acquisition Agreement, Buyer will pay to the Company an aggregate consideration consisting of: (i) a cash payment of $1,250,000; (ii) a Secured Promissory Note in the original principal amount of $4,250,000, payable over 36 months at 7% interest; (iii) contingent cash consideration of up to $1,000,000 payable solely upon satisfaction of the applicable earnout conditions set forth in the Acquisition Agreement and the related Earnout Agreement; and (iv) warrants to purchase up to 2,000,000 shares of Buyer's common stock at an exercise price of $2.80 per share, giving the Company potential upside from Cycurion's future market performance as the legacy video solutions division is integrated into Cycurion's security business. Based on total consideration of $5.5 million, the transaction equates to approximately $5.33 per estimated current outstanding common share. Pursuant to the Acquisition Agreement, the parties will enter into a registration rights agreement pursuant to which Buyer would be required to file a shelf registration statement covering the resale of the shares of Buyer's common stock issuable upon exercise of the warrants (up to 2,000,000 shares), subject to the terms and conditions of such registration rights agreement. The consummation of the transactions contemplated by the Acquisition Agreement is subject to the satisfaction or waiver of various closing conditions, including, among others, satisfactory completion of financial, accounting, operational and business due diligence; reconciliation and validation of financial information and projections; delivery of carve-out financial statements and supporting documentation sufficient to satisfy audit and SEC reporting requirements; approval by the boards of directors of both companies; execution and delivery of ancillary transaction documents; obtaining any required third-party consents; entering arrangements with key employees and contractors identified by Buyer; and the absence of a material adverse effect on the Business. There can be no assurance that the conditions precedent will be satisfied or waived or that the transaction will close on the anticipated timeframe or at all. Management Comment "This divestiture sharpens our focus and allows us to direct resources toward the significant opportunity we see in the entertainment sector," said Stanton E. Ross, CEO of Kustom Entertainment. "We are quickly moving from a strong regional presence to a national live event and ticketing platform. This transaction gives us the capital and operational clarity needed to accelerate the expansion plans we launched last month." Reflecting on the combined impact of the past month's milestones, Ross added: "As we noted in our Gilley's announcement, expanding our festival footprint into the Wichita region enables us to significantly enhance the fan experience with camping, premium amenities, and world-class live music. Completing this divestiture ensures we have the dedicated capital and team focus to execute that plan effectively." Strategic Context The transaction represents a key operational milestone in Kustom's planned corporate overhaul, following the divestiture of its medical billing business earlier this year and the Company's recently announced multi-year partnership between its wholly owned subsidiary, Kustom 440, Inc., and Ruffin Properties, LLC, owner of Gilley's Park City. Together, these divestitures and the Gilley's partnership position Kustom to expand its live music footprint ahead of the upcoming festival season while continuing to strengthen and grow its online ticketing business. The sale of the legacy video segment gives Kustom a leaner operating structure and sharper focus on the full fan experience -- from ticket purchase through the final encore -- as it pursues an estimated $100 billion global addressable market. The "Country Stampede" Evolution & Gilley's Expansion Status Kustom's flagship event, the Country Stampede Music Festival, celebrated its milestone 30th Anniversary last week (June 25–27, 2026) at the Azura Amphitheater in Bonner Springs, Kansas, featuring headliners Rascal Flatts, Zach Top, and Treaty Oak Revival. The 2027 edition of Country Stampede Kansas will officially move to Gilley's Park City from June 25–27, 2027. The transition to Gilley's -- located in Park City, KS, a suburb of Wichita -- is the cornerstone of Kustom's live entertainment pipeline, with the venue move allowing Kustom to nearly double its current capacity, hosting up to 35,000 people per show, expanded acreage for camping, diverse food and beverage options and premium fan amenities, and more than 20 show days in 2027 across multiple events spanning the spring, summer, and fall, alongside select events planned for fall 2026. Patrons attending this week's 2026 festival in Bonner Springs will receive the previously promised "first look" at early details of the future Park City festival concept. When tickets go on sale for the 2027 event at Gilley's, current 2026 ticket holders will receive early access before the general public. Tickets to the 2026 festival can be purchased at www.countrystampede.com. Additional details regarding fall 2026 event dates, 2027 festival schedules, artist lineups, and ticketing packages continue to be finalized and will be announced at a later date. A full text copy of the Acquisition Agreement is available at https://tinyurl.com/3856cyuw About Kustom Entertainment, Inc. Kustom Entertainment, Inc. is a leader in live event production and ticketing technology, specializing in large-scale music festivals and end-to-end event management. Its flagship event, Country Stampede, is held annually during June at the Azura Amphitheater in Bonner Springs, Kansas. The Company also maintains a legacy segment engaged in video solution technology (in-car and body-worn cameras) for law enforcement and security, currently integrating artificial intelligence to enhance its specialized product lines. Houston, Texas-based Victor Mokuolu, CPA PLLC, the Company's auditor since 2025, issued a "going concern" qualification in its report dated April 10, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, citing that the Company incurred substantial operating losses in the years ended December 31, 2025. The Company incurred operating losses of approximately $10.88 million for the year ended December 31, 2025, and had an accumulated deficit of $144.18 million as of December 31, 2025. As of December 31, 2025, the Company had $19.33 million in total assets, $16.96 million in total liabilities, and $2.37 million in total stockholders' equity. KV TOOLING: Gets Interim OK to Use Cash Collateral Until July 16 ---------------------------------------------------------------- KV Tooling Systems, LLC received interim approval from the U.S. Bankruptcy Court for the District of Maine to use cash collateral to fund operations. The court authorized the Debtor to use cash collateral in accordance with an approved budget through July 16, allowing the Debtor to continue operating while pursuing reorganization. As adequate protection, secured creditor Camden and subordinate lien holders were granted continuing liens on post-petition cash collateral and replacement liens on substantially all of the Debtor's assets, excluding avoidance actions, to the extent of any diminution in the value of their collateral. These liens maintain the same validity, priority, and perfection status as the lenders' prepetition liens and are automatically perfected without further action. The order also notes that the Debtor intends to seek additional relief at the final hearing, including acknowledgment of the validity and enforceability of Camden's secured claim, a waiver of any surcharge rights under Bankruptcy Code Section 506(c), and a waiver of the "equities of the case" exception under Section 552(b). These provisions are classified as restricted relief and remain subject to final approval. The court established default provisions that could terminate the Debtor's authority to use cash collateral if material breaches occur, including violations of the order, intentional misrepresentations in financial reporting, dismissal or conversion of the case, or adverse modifications to the order. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/UsHPw from PacerMonitor.com. A final hearing on continued cash collateral use is scheduled for July 16, with objections due by July 14. About KV Tooling Systems LLCC KV Tooling Systems, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Mai. Case No. 26-10111) on June 18, 2026, with $500,001 to $1 million in assets and $1,000,001 to $10 million in liabilities. The petition was signed by Brian J. Beland as sole member. Judge Hon. Peter G Cary oversees the case. The Debtor is represented by: Tanya Sambatakos, Esq. Molleur Law Office Tel: 207-283-3777 Email: tanya@molleurlaw.com LAGUNA HILLS: Commences Chapter 11 Bankruptcy in California ----------------------------------------------------------- On June 26, 2026, Laguna Hills Allspace filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Central District of California. According to the court filing, the Debtor reports between $1 million and $10 million in debt owed to 1–49 creditors. A meeting of creditors under Section 341(a) to be held on August 3, 2026 at 09:30 AM at UST-RS1, TELEPHONIC MEETING. CONFERENCE LINE:1-888-330-1716, PARTICIPANT CODE:9718357. About Laguna Hills Allspace Laguna Hills Allspace is a Palm Desert, California-based lessor of miniwarehouses and self-storage units. The company operates self-storage facilities across Southern California, including a primary location in Laguna Hills, with additional facilities in Huntington Beach, Garden Grove, Costa Mesa, and San Marcos. Laguna Hills Allspace sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. not provided) on June 26, 2026. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Magdalena Reyes Bordeaux handles the case. The Debtor is represented by Matthew D. Resnik, Esq. of RHM Law LLP. LINQTO TEXAS: Seeks Approval to Sell $130MM Recovery Fund Shares ---------------------------------------------------------------- Rick Archer of Law360 Bankruptcy Authority reports that Linqto Inc. has asked a Texas bankruptcy judge to approve the sale of $130 million in Ripple Labs Inc. shares, asserting that the equity is too valuable to remain idle while the company restructures under Chapter 11. The company said the sale would help maximize the value of its bankruptcy estate. The proposed transaction involves Ripple shares held through Linqto's recovery fund, with the company arguing that selling the stake now would generate substantial cash while avoiding potential fluctuations in the asset's value. The proceeds would be used to support the bankruptcy case and improve recoveries for creditors, the report relays. Linqto, an investment platform that offered access to shares of private companies, filed for Chapter 11 after encountering financial and regulatory challenges. The requested authority to sell the Ripple holdings marks a significant step in the company's efforts to monetize its assets and wind down its estate, according to report. About Linqto Inc. Linqto Inc. is a San Jose-based financial technology company operating in the alternative investment space. Linqto Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas Case No. 25-90187) on July 7, 2025. The case is jointly administered with the Chapter 11 cases of Linqto Texas, LLC, Linqto Liquidshares, LLC and Linqto Liquidshares Manager, LLC under case number 25-90186. In its petition, Linqto Inc. reported estimated assets and liabilities between $500 million and $1 billion. Judge Alfredo R. Perez oversees the cases. The Debtors tapped Gabrielle A. Hamm, Esq. at Schwartz, PLLC as legal counsel; Breakpoint Partners, LLC as restructuring advisor; ThroughCo Communications, LLC as public relations agent; and Epiq Corporate Restructuring, LLC as claims agent. The U.S. Trustee for Region 7 appointed an official committee to represent unsecured creditors in the Debtors' Chapter 11 cases. The committee is represented by Orrick, Herrington & Sutcliffe, LLP. Sandton Capital Solutions Master Fund VI, LP, as DIP Lender, is represented by Kristen L. Perry, Esq., at Faegre Drinker Biddle & Reath, LLP, in Dallas, Texas; Richard J. Bernard, Esq., at Faegre Drinker Biddle & Reath, LLP, in New York; and Michael R. Stewart, Esq., and Adam C. Ballinger, Esq., at Faegre Drinker Biddle & Reath, LLP, in Minneapolis, Minnessota. Sandton may also be reached through Robert Rice, Esq. MAKIIN LLC: Gets Final OK to Use Cash Collateral ------------------------------------------------ MaKiin, LLC received final approval from the U.S. Bankruptcy Court for the Southern District of Texas to use cash collateral during its Chapter 11 case. The court granted the debtor's motion on a final basis, authorizing the continued use of cash collateral in accordance with an approved operating budget. The debtor may exceed individual budget line items by up to 10% on a cumulative basis, provided total expenditures do not exceed the overall budget by more than 10%, and may reallocate unused budgeted funds among operating categories as needed. As adequate protection, secured creditors holding perfected interests in cash collateral were granted replacement liens on post-petition cash, accounts receivable, and related proceeds up to $55,419.10, representing the value of the cash collateral. The court also required the debtor to make monthly adequate protection payments of $250 to Centra Funding, LLC for depreciation of kitchen equipment and $250 to VelocitySBA for diminution of collateral value, with payments applied to the outstanding principal balances owed to those creditors. The order includes a carve-out protecting payment of bankruptcy administration expenses, including court filing fees, U.S. Trustee fees, Subchapter V Trustee fees, professional fees approved by the court, and up to $15,000 in trustee expenses if a trustee is appointed. The court emphasized that the order does not determine the validity, priority, extent, or enforceability of any creditor’s liens or claims, and all parties retain their rights to seek additional relief, challenge collateral use, or request modified adequate protection. The debtor's authority to use cash collateral will terminate upon dismissal or conversion of the case, appointment of a Chapter 11 trustee, confirmation of a Chapter 11 plan, or a material breach of the order, including failure to comply with the budget. The court waived the standard 14-day stay on effectiveness, making the order immediately enforceable, and retained exclusive jurisdiction to interpret and enforce its terms. A copy of the Debtor's budget is available at https://shorturl.at/zIcY7 from PacerMonitor.com. About MaKiin LLC MaKiin LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-33560) with $50,001 to $100,000 in assets and $1,000,001 to $10 million in laibilities. Judge Hon. Jeffrey P Norman oversees the case. The Debtor is represented by: Elias Marwan Yazbeck The Law Office Of Elias M. Yazbeck, PLLC Tel: 281-755-7320 Email: elias@yazbecklaw.com MG LOGISTICS: Court Extends Cash Collateral Access to Aug. 31 ------------------------------------------------------------- MG Logistics Incorporated received eighth interim approval from the U.S. Bankruptcy Court for the Northern District of Illinois to use cash collateral. The eighth interim order authorized the Debtor to use the cash collateral of its secured lenders from June 26 through August 31, for the disbursements set forth in the budget. The Debtor projects total operational expenses of $302,144.00 for July and $751,121.49 for August. Existing protections from prior orders continue for all secured lenders, including PNC Bank and Daimler Truck Financial Services USA, LLC. As adequate protection for the Debtor's use of their cash collateral, lenders will be granted a security interest in and lien on all assets of the Debtor, including assets acquired by the Debtor after its Chapter 11 filing, with the same priority as the lenders' pre-bankruptcy lien. These replacement liens do not apply to any causes of action under the Bankruptcy Code and are subject only to (i) any lien on the Debtor's assets that the court may approve in the future as being senior to a lender's lien; (ii) valid, perfected, and enforceable pre-bankruptcy liens, which are senior to the lenders' respective liens or security interests as of the petition date; (iii) the payment of the U.S. trustee's fees; and (iv) the amount of the Debtor's professionals' fees and disbursements accrued as of the date of the termination of the Debtor's use of cash collateral. As further protection, the court approved the following payments to lenders: (i) a monthly payment of $7,500 to M&T Equipment Finance Corp. during the eighth interim period; and (ii) a monthly payment of $40,000 to Bank Midwest during the eighth interim period (and subsequent months). The Debtor agrees Bank Midwest's claim is fully secured, valued at $2,214,347.89 as of August 1. The next hearing is set for August 25. A copy of the interim order is available at https://shorturl.at/N1C52 from PacerMonitor.com. Bank Midwest is represented by: Benjamin J. Court, Esq. Stinson LLP 50 South Sixth Street, Suite 2600 Minneapolis, MN 55402 Phone: 612-335-1500 Fax: 612-335-1657 benjamin.court@stinson.com M&T is represented by: Kenneth D. Peters, Esq. Dressler Peters, LLC 101 W. Grand Ave., Suite 404 Chicago, IL 60654 Phone: 312-602-7360 Fax: 312-637-9378 kpeters@dresslerpeters.com jmmertz@michaelbest.com About MG Logistics Incorporated MG Logistics Incorporated provides freight transportation services across the U.S. The Company operates from Huntley, Illinois, and is authorized for interstate trucking. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-10269) on July 4, 2025. In the petition signed by Vassil Bayraktarov, authorized representative of the Debtor, the Debtor disclosed up to $50 million in both assets and liabilities. Judge Donald R. Cassling oversees the case. Jeffrey C. Dan, Esq., at Goldstein & McClintock, LLLP, represents the Debtor as legal counsel. MJS MATERIALS: Gets OK to Use Cash Collateral Until July 21 ----------------------------------------------------------- MJS Materials, Inc. received fifth interim approval from the U.S. Bankruptcy Court for the Southern District of Florida to use cash collateral through July 21. Under the fifth interim order, the Debtor is authorized to use cash collateral to pay ordinary and necessary operating expenses in accordance with an approved budget, subject to a 10% variance. The order includes a carveout for unpaid court fees, Subchapter V trustee fees, and court-approved professional fees and expenses. The Debtor projects monthly operational expenses of $577,199 for July. As adequate protection for Commercial Credit Group, Inc., the Debtor is required to make monthly payments of $21,300 and maintain insurance and reasonable commercial condition on both retained and surrendered equipment. CCG may inspect the equipment upon reasonable notice and may exercise default remedies if payment or insurance obligations are not met. The Debtor also agreed that CCG is fully secured and may seek post-petition interest, expenses, and attorneys' fees to the extent permitted under Bankruptcy Code Section 506(b). The order further requires monthly adequate protection payments to other vehicle lenders, including $7,000 to First Citizens Bank, $1,800 to Balboa Capital Corporation, and $4,000 to Amur, while no payments are presently required to Commercial Equipment Finance International, LLC or Wells Fargo Equipment Finance, Inc. absent further court order. The court also granted replacement liens to secured creditors on their prepetition collateral and related proceeds as additional adequate protection while preserving all rights regarding the extent and validity of such liens. The next hearing is scheduled for July 21. The court order is available at https://shorturl.at/OTKnj from PacerMonitor.com. About MJS Materials Inc. MJS Materials, Inc. is a Florida-based business offering aggregate hauling and logistics solutions for the construction, land development, and infrastructure sectors. MJS Materials sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-21971) on October 10, 2025. In its petition, the Debtor reported up to $50,000 in assets and liabilities. Honorable Bankruptcy Judge Mindy A. Mora handles the case. The Debtor is represented by Matthew S. Kish, Esq. MOBIQUITY TECHNOLOGIES: Stephano Slack Out, M&K CPA In as Auditor ----------------------------------------------------------------- Mobiquity Technologies, Inc. announced in a regulatory filing that Stephano Slack LLC and the Company mutually agreed to terminate services of Stephano as independent registered public accounting firm for the Company. The reports of Stephano on the Company's consolidated financial statements for the fiscal year ended December 31, 2025 did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to accounting principles or audit scope. Stephano's report on the Company's consolidated financial statements for the fiscal year ended December 31, 2025 contained an explanatory paragraph expressing substantial doubt about the Company's ability to continue as a going concern. During the fiscal year ended December 31, 2025 and the subsequent interim period through the date of dismissal, there were no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) between the Company and Stephano on any matter of accounting principles or practices. During the fiscal year ended December 31, 2025 and the subsequent interim period through the date of dismissal, there was a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K). Specifically, Stephano's report on the Company's consolidated financial statements for the fiscal year ended December 31, 2025 contained an explanatory paragraph expressing substantial doubt about the Company's ability to continue as a going concern. Except for the foregoing, there were no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K). Newly Engaged Independent Registered Public Accounting Firm Following Slack's termination, the Company engaged M&K, CPA's LLC as the Company's new independent registered public accounting firm for the fiscal year ending December 31, 2026. In evaluating the engagement of a successor auditor, the Company considered several factors, including industry experience, public company audit capabilities, responsiveness, anticipated cost efficiencies, and experience assisting emerging growth and micro-cap public companies with capital markets initiatives, including preparation for potential national exchange uplisting requirements. The Company believes M&K's qualifications and experience are well aligned with its current stage of growth and strategic objectives. During the Company's fiscal year ended December 31, 2025 and the subsequent interim period through June 18, 2026, neither the Company nor anyone on its behalf has consulted with M&K regarding: (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's financial statements, and neither a written report nor oral advice was provided to the Company that M&K concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, (ii) any matter that was the subject of a disagreement within the meaning of Item 304(a)(1)(iv) of Regulation S-K, or (iii) any reportable event within the meaning of Item 304(a)(1)(v) of Regulation S-K. About Mobiquity Technologies Mobiquity Technologies, Inc., headquartered in Shoreham, NY, is an advertising technology, data compliance, and intelligence company that operates through several proprietary software platforms. Its product solutions include the Advertising Technology Operating System (ATOS Platform), Data Intelligence Platform, and Publisher Platform for Monetization and Compliance. In an audit report dated April 8, 2026, Stephano Slack LLC included a going concern qualification, stating that the company had a working capital deficit of $3.12 million, accumulated deficit of $236.07 million and net loss of $10.43 million for the year ended Dec. 31, 2025. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of December 31, 2025, the Company had $5.76 million in total assets, $4.56 million in total liabilities, and $1.2 million in total stockholders' equity. MOBIX LABS: Issues $2.8M Convertible Note to Leviston ----------------------------------------------------- Mobix Labs Inc. issued Leviston Resources LLC a senior secured convertible promissory note with $2.8 million in original principal, according to a Form 8-K filing with the Securities and Exchange Commission. The company said it received about $2.3 million in gross proceeds from the note, which carries a 10% annual interest rate and matures Oct. 18, 2026. Subject to stockholder approval and the note's terms, Leviston may convert outstanding principal and accrued interest into Class A common stock at the lesser of the June 22, 2026, closing price or 85% of the lowest eight-day volume-weighted average price immediately before and including the conversion notice date. The note was issued as an additional note under the company's previously disclosed investor rights agreement. Mobix also amended its registration rights agreement with Leviston for the resale registration of shares issuable upon conversion. Mobix said it is concurrently filing a post-effective amendment to its Form S-1 registration statement to deregister 950,000 post-reverse-split Class A common shares previously registered for potential resale in connection with its equity line of credit. About Mobix Labs, Inc. Mobix Labs Inc. is an Irvine, California, company that designs, develops and sells components and systems for advanced wireless and wired connectivity, radio frequency, switching and electromagnetic interference filtering technologies. Its solutions serve defense, aerospace, commercial, industrial and other markets. The company's wireless systems products include advanced RF and millimeter-wave communications, millimeter-wave imaging, software-defined radio and custom RF integrated circuits, while its interconnect products include EMI filter inserts and filtered and nonfiltered connectors. In an audit report dated Jan. 12, 2026, PricewaterhouseCoopers LLP included a going-concern paragraph, citing operating losses and negative cash flows from operations. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the company reported total assets of $34.85 million, total liabilities of $26.01 million and stockholders' equity of $8.85 million. MP COMPLETE: Claims to be Paid from Available Cash & Income ----------------------------------------------------------- MP Complete Solutions, LLC filed with the U.S. Bankruptcy Court for the Southern District of Florida a Subchapter V Plan of Reorganization dated June 22, 2026. The Debtor is a Florida limited liability company that conducts business as a mortgage broker. The Debtor has also been connected to a school/day care business that may reopen or relocate. The Debtor's principal real property is 3900 SW 56th Street, Dania Beach, Florida 33312-6267 (the "Property"). The Debtor has filed an adversary proceeding against Best Meridian International Insurance Company I.I., f/k/a Best Meridian International Insurance Company SPC, seeking a determination of the validity, priority, and extent of its asserted lien; a determination of the Debtor's ownership interest in the Property; declaratory relief regarding the enforceability and scope of the mortgage, assignment of rents, and related collateral rights; and declaratory relief regarding Florida homestead limitations. The principal disputed debt in this case is Best Meridian's claim. Because the Debtor asserts only a 50% undivided interest in the Property, any secured value available to Best Meridian must be measured against the Debtor's actual interest and not the full value of the Property. On the present record, a Chapter 7 liquidation would likely produce little or no recovery for general unsecured creditors after secured claims, administrative expenses, and liquidation costs. Class 5 consists of all allowed general unsecured claims, including Truist Bank's claim as reflected in the proof of claim filed in this case, any unsecured deficiency portion of Best Meridian's claim, and any other allowed nonpriority unsecured claim. These claims are impaired. Class 5 claims shall be paid pro rata from the Debtor's disposable income and other available funds during the Plan term, as required by Sections 119 1(c) and 1191(b) of the Bankruptcy Code. Class 6 consists of Equity Interests. The holders of equity interests shall retain their interests in the reorganized Debtor only to the extent provided by the Court and applicable law, and only after satisfaction of claims as provided in this Plan and the Bankruptcy Code. After confirmation, the Debtor may take all actions necessary to consummate the Plan and perform all required obligations under Sections 1142 and 1123(a)(5) of the Bankruptcy Code. The Plan shall be funded through the Debtor's future income from the mortgage brokerage business; from any reopened or relocated school/day care operations, if realized; existing cash on hand any refinance, modification, sale, or other monetization of assets approved by the Court; and any benefit realized from the litigation against Best Meridian, if applicable. A full-text copy of the Plan of Reorganization dated June 22, 2026 is available at https://urlcurt.com/u?l=YtQf4S from PacerMonitor.com at no charge. Counsel to the Debtor: Adam I. Skolnik, Esq. Law Office of Adam I. Skolnik, P.A. 1761 West Hillsboro Boulevard, Suite 201 Deerfield Beach, FL 33442 Telephone: (561) 265-1120 Facsimile: (561) 265-1828 Email: askolnik@skolniklawpa.com About MP Complete Solutions MP Complete Solutions, LLC, is a Fort Lauderdale, Florida-based company that owns a residential property at 3900 SW 56th St and operates on a commission-based model tied to ongoing real estate transactions. MP Complete Solutions, LLC in Fort Lauderdale, FL, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. S.D.Fla. Case No. 26-13535) on March 24, 2026, listing $1,106,559 in assets and $1,616,662 in liabilities. Maria J. Pascal-Daniels as president, signed the petition. Judge Scott M Grossman oversees the case. LAW OFFICE OF ADAM I. SKOLNIK, PA serve as the Debtor's legal counsel. MP ELKO: Case Summary & 13 Unsecured Creditors ---------------------------------------------- Debtor: MP Elko, LLC 2755 Mountain City Hwy Elko NV 89801 Case No.: 26-21005 Chapter 11 Petition Date: June 25, 2026 Court: United States Bankruptcy Court Northern District of Georgia Debtor's Counsel: William Rountree, Esq. ROUNTREE, LEITMAN, KLEIN & GEER, LLC 2987 Clairmont Road Suite 350 Atlanta GA 30329 Tel: 404-584-1238 Email: wrountree@rlkglaw.com Estimated Assets: $10 million to $50 million Estimated Liabilities: $10 million to $50 million The petition was signed by Gary L. Pinkston as member. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/F7ENM5Q/MP_Elko_LLC__ganbke-26-21005__0001.0.pdf?mcid=tGE4TAMA List of Debtor's 13 Unsecured Creditors: Entity Nature of Claim Claim Amount 1. First Mid Bank & Trust Guarantor $6,500,000 PO Box 499 Mattoon, IL 61938-0499 2. Nano Banc $1,083,333 7755 Irvine Center Drive #300 Irvine, CA 92618 3. MP Financial Group, Ltd. $291,822 1801 Tiburon Blvd Suite 800 Tiburon, CA 94920 4. Sage Construction Group $15,880 140 N. Main Layton, UT 84041 5. Humboldt River Landscaping $12,897 1374 Primrose Ln Elko, NV 89801-8824 6. Alliant Insurance $11,808 PO Box 744961 Los Angeles, CA 90074-4961 7. Humboldt River Landscaping $7,943 1374 Primrose Ln Elko, NV 89801-8824 8. Plumb Line Mechanical, Inc. $3,790 PO Box 2666 Elko, NV 89803 9. Hawley Troxell Ennis & Hawley $1,485 877 W. Main St., Suite 200 Boise, ID 83701-1617 10. The Hartford $510 c/o Inszone Ins Services LLC 205 San Marin Dr. Novato, CA 94945 11. The Sherwin-Williams Co. $384 1936 Kimberly Rd. Twin Falls, ID 83301-7426 12. Granite Construction Supply $280 4300 Idaho St. Elko, NV 89801 13. Anthem Broadband $204 PO Box 30 Rupert, ID 83350 MZS PROPERTIES: Court Extends Cash Collateral Access to Aug. 4 -------------------------------------------------------------- MZS Properties, LLC received another extension from the U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division, to use cash collateral. The court authorized the Debtor to use cash collateral until August 4 under the terms set by the bankruptcy court in its prior orders. A status hearing is scheduled for August 4. MZS' principal asset is real estate in Chicago, Ill., secured by a mortgage in which the initial lender was Sharestates Investments, DACL LLC. Sharestates holds a first priority lien on the property in the initial amount of $113,000. The lender claims it is owed $226,211 as of the petition date. Rents collected from the property are the Debtor's sole source of revenue. The value of the property is scheduled at $325,000. About MZS Properties MZS Properties, LLC filed Chapter 11 petition (Bankr. N.D. Ill. Case No. 25-01523) on January 31, 2025, listing up to $500,000 in both assets and liabilities. Mouzma Syed, manager of MZS Properties, signed the petition. Judge Jacqueline Cox oversees the case. Bradley Foreman, Esq., at the Law Offices of Bradley H. Foreman, P.C., is the Debtor's bankruptcy counsel. Sharestates Investments, DACL LLC, as lender, is represented by: Timothy R. Yueill, Esq. Law Offices of Ira T. Nevel, LLC 175 N. Franklin St., Ste. 201 Chicago, IL 60606 Telephone: 312-357-1125 TimothyY@nevellaw.com NEW FORTRESS: NFE Brazil Issues $973.5MM Sr. Secured Notes Due 2029 ------------------------------------------------------------------- New Fortress Energy Inc. announced in a regulatory filing that NFE Brazil Financing Limited, a private limited company incorporated under the laws of England and Wales and a subsidiary of the Company, issued $973.5 million aggregate principal amount of its 12.000% Senior Secured Notes due 2029 pursuant to an indenture, dated as of June 19, 2026, between NFE Brazil, as issuer, the guarantors party thereto, and Wilmington Savings Fund Society, FSB, as trustee and as notes collateral agent. NFE Brazil intends to use the proceeds from the New Brazil Notes to refinance approximately $477 million of existing indebtedness, with the remaining proceeds expected to be used to fund operations, capital expenditures, working capital and letter of credit or similar needs, to pay restructuring transaction costs, and to pay all trade payables owed by NFE Brazil and its subsidiaries to other subsidiaries of the Company. Terms of the New Brazil Notes The New Brazil Notes will bear interest in-kind at a rate of 12.00% per year, payable semiannually in arrears on May 15 and November 15 of each year, beginning on November 15, 2026, and will mature on November 15, 2029. The New Brazil Notes will be, subject to certain exceptions, guaranteed on a senior basis by all current and future subsidiaries of NFE Brazil. The New Brazil Notes and the guarantees thereof will constitute senior secured obligations of NFE Brazil and the Guarantors, respectively, secured on a first-priority basis by liens on the collateral as defined in the New Brazil Notes Indenture, subject to permitted liens and certain other exceptions. Subject to the Turnover Agreement, NFE Brazil may redeem some or all of the New Brazil Notes at any time at a redemption price equal to 100% of the aggregate principal amount of the New Brazil Notes redeemed, plus accrued and unpaid interest thereon, if any, to, but excluding, the redemption date. Upon the occurrence of certain events constituting a change of control, NFE Brazil may be required to make an offer to repurchase all of the New Brazil Notes at a price equal to 101% of the principal amount thereof, plus accrued and unpaid interest thereon, if any, to, but excluding, the repurchase date. Additionally, NFE Brazil must use any net proceeds received in excess of $5 million from one or more dispositions of property by NFE Brazil or its subsidiaries to fund an offer to repurchase the New Brazil Notes at a price equal to 100% of the aggregate principal amount of the New Brazil Notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date. Holders of at least two-thirds of the outstanding principal amount of New Brazil Notes may agree at any time with NFE Brazil to ratably convert, exchange or replace the New Brazil Notes of all holders with debt and/or equity securities of NFE Brazil or, with the consent of such entity's board of directors, a parent company of the Brazil business, on terms to be mutually agreed by such parties. The New Brazil Notes Indenture limits the ability of NFE Brazil and the Guarantors to, among other things, incur additional indebtedness or issue certain preferred shares, incur liens that secure indebtedness, make restricted payments, create dividend restrictions and other payment restrictions that affect NFE Brazil or the Guarantors, sell or transfer certain assets, engage in certain transactions with affiliates and merge or consolidate or transfer all or substantially all of NFE Brazil's and the Guarantors' assets, in each case subject to certain exceptions and qualifications set forth in the New Brazil Notes Indenture. The New Brazil Notes Indenture also provides for customary events of default, including, subject in certain cases to customary grace and cure periods, nonpayment of principal or interest, breach of other agreements in respect of the New Brazil Notes, acceleration of certain other indebtedness and/or defaults, failure to pay certain final judgments, failure of certain guarantees to be enforceable, failure to perfect certain collateral securing the New Brazil Notes, and certain events of bankruptcy or insolvency. Turnover Agreement On June 19, 2026, the Company, NFE Brazil, the Trustee and the Collateral Agent entered into a payment and turnover agreement for the benefit of the Company in relation to the New Brazil Notes. On or prior to the Restructuring Effective Date (as defined in the New Brazil Notes Indenture), the Company may enter into a loan agreement or other debt instrument in satisfaction of certain outstanding net intercompany claims of the Company against certain of its subsidiaries. Pursuant to the terms of the Turnover Agreement, NFE Brazil shall be prohibited from making any payment, or distribution of property or assets, required to be made under the New Brazil Notes Indenture (whether in connection with a realization of collateral or otherwise and whether or not in an insolvency proceeding) unless a corresponding payment is made to the Company with respect to the New BrazilCo-CoreCo Obligations until such obligations are satisfied in full. Any payment or distribution made by NFE Brazil under the New Brazil Notes Indenture shall be subject to a turnover provision in favor of the Company whereby NFE Brazil shall identify and turn over a ratable portion of such payment or distribution to the Company, calculated based on the relative proportion that approximately $425 million bears to the initial aggregate principal amount of the New Brazil Notes, subject to reduction for any New Brazil Notes converted to equity or equity-linked securities. Background On May 11, 2026, NFE Brazil entered into a commitment letter (the "Commitment Letter") pursuant to which it received commitments for the proposed offering of the New Brazil Notes, as previously disclosed in the Company's Current Report on Form 8-K filed on May 12, 2026. The New Brazil Notes and the guarantees of the Guarantors have not been and are not required to be registered under the Securities Act of 1933, as amended, or any state securities laws. The New Brazil Notes are being offered and sold only to persons reasonably believed to be institutional "accredited investors" (as defined in Rule 501(a)(1), (2), (3), or (7) of Regulation D under the Securities Act), "qualified institutional buyers" (as defined in Rule 144A under the Securities Act), or persons who are not "U.S. persons" within the meaning of Regulation S under the Securities Act and whose participation in the offering constitutes an "offshore transaction" within the meaning of, and in reliance on, Regulation S. A full-text copy of the Indenture, dated June 19, 2026, by and among NFE Brazil Financing Limited, the subsidiary guarantors part thereto, and Wilmington Savings Fund Society, FSB, as trustee and notes collateral agent is available at https://tinyurl.com/mrye2zs9 About New Fortress New Fortress Energy Inc. is a New York-based energy infrastructure company focused on natural gas and liquefied natural gas infrastructure and related energy logistics. The company develops, finances, constructs and operates energy infrastructure, including facilities and assets used to deliver natural gas and LNG to customers. Its operations include projects and assets in the U.S. and international markets. Ernst & Young LLP's April 13, 2026, audit report included a going concern explanatory paragraph, citing losses from operations and events of default under the company's debt agreements that raised substantial doubt about its ability to continue as a going concern. As of Dec. 31, 2025, the company had $10.56 billion in total assets, $10.25 billion in total liabilities, and $309.63 million in total stockholders' equity. NEW HOPE: To Sell Alexandria Property to FCRHA for $700K -------------------------------------------------------- New Hope Housing, Inc. and its affiliates seek permission from the U.S. Bankruptcy Court for the Eastern District of Virginia, Alexandria Division, to sell Property, free and clear of liens, claims, interests, and encumbrances. Angela Shortall was appointed subchapter V trustee in the Case. The Debtor is a Virginia nonprofit corporation whose mission has been to support the homeless and disabled populations in and around Northern Virginia for nearly five decades. The Debtor is now in the process of winding down its operations and liquidating its assets, but continues to operate two programs in support of its mission through those Programs' transition to new service providers. At the commencement of the Case, the Debtor owned nine parcels of real property, including a single-family home located at 2615 Groveton Street, Alexandria, Virginia 22306 (Groveton Property). The Groveton Property is the current residence of multiple participants in an ongoing Program. The Groveton Property and six of the other parcels of real property are subject to one or more deeds of trust in favor of the Fairfax County Redevelopment and Housing Authority (FCRHA), which financed the acquisition and/or improvement of each of the properties. Each of the other six properties on which the FCRHA has a lien are subject to at least one note or loan with similar provisions After extensive negotiations, the FCRHA has agreed to purchase the Groveton Property for $700,000.00 and has reached an agreement with the Debtor on the material terms of such sale. Based on the agreed Purchase Price and the relevant terms of the Note, the payoff due to the FCRHA in the event of sale is the Original Loan Proceeds as it is the greater of the Original Loan Proceeds ($446,242.00) and FCRHA's Equity (approximately $152,254.80). The FCRHA agrees with the amount of its lien. The Debtor proposes to sell the Groveton Property free and clear of all liens, claims, rights, and interests on or in the Groveton Property. In the Debtor's business judgment, the private sale outlined in this Motion is more beneficial to the Debtor's estate than auctioning or listing the Groveton Property on the open market. The proposed private sale to the FCRHA also ensures that the current residents in the Groveton Property are not displaced as the Programs will continue at that property through the Debtor and/or its successor. In addition to the Debtor's request for authority to sell the Groveton Property pursuant to the terms of the Agreement free and clear of Liens & Claims, the Debtor also requests the Court's approval to sign and deliver a special warranty deed for the transfer of the Groveton Property, to pay any Judgment that is agreed to be a secured claim on the Groveton Property in advance of the closing, to pay any and all customary closing costs traditionally paid by the seller, and to sign and deliver all other such usual and customary documents for the sale and transfer of such assets. About New Hope Housing Inc. New Hope Housing, Inc. is a non-profit agency based in Alexandria, Virginia. Founded in 1977, the organization has provided services to homeless families and single adults since 1978. It offers housing programs and support services in Northern Virginia, including group homes, Housing First apartments, homeless prevention and rapid re-housing, education and employment support, and mobile medical outreach. The Debtor sought protection under Chapter 11 of the U.S Bankruptcy Code (Bankr. E.D. Va. Case No. 26-11054) on May 1, 2026, with $1 million to $10 million in assets and liabilities. Ann Barrett, executive director, signed the petition. Judge Brian F Kenney oversees the case. Brittany B. Falabella, Esq. at HIRSCHLER FLEISCHER, P.C. represents the Debtor as legal counsel. NEXTCURE INC: Stockholders Approve 2019 Incentive Plan Changes -------------------------------------------------------------- NextCure, Inc., stockholders approved changes to the company's 2019 Omnibus Incentive Plan at the June 18 annual meeting, according to a Form 8-K filing with the Securities and Exchange Commission. The amended and restated plan increases the maximum number of shares authorized for issuance by 80,000. NextCure said the plan also amends the evergreen provision to base annual increases on fully diluted outstanding shares, including prefunded warrants. The board approved the amended plan March 12, subject to stockholder approval. Stockholders also elected Anne Borgman, M.D., and John G. Houston, Ph.D., as Class I directors; ratified Ernst & Young LLP as auditor for the year ending Dec. 31, 2026; and approved executive compensation on an advisory basis. About NextCure, Inc. NextCure, Inc. is a clinical-stage biopharmaceutical company focused on developing targeted therapies, including antibody-drug conjugates, for cancer patients who do not respond to or progress on current treatments. The company was incorporated in Delaware in 2015 and is headquartered in Beltsville, Maryland. NextCure's lead referenced product candidate, SIM0505, is a novel ADC candidate licensed from Simcere Zaiming Pharmaceutical Co., Ltd. NextCure holds exclusive rights to develop, manufacture, and commercialize SIM0505 and related compounds worldwide outside China, Hong Kong, Macau, and Taiwan, where Zaiming retained rights. Its work leverages expertise in biological pathways, biomarkers, cell interactions, and the tumor microenvironment. In an audit report dated March 5, 2026, Ernst & Young LLP issued a going-concern audit report for NextCure, citing recurring losses and negative operating cash flows. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, NextCure reported total assets of $37.98 million, total liabilities of $11.26 million, and stockholders' equity of $26.72 million. NIGHTFOOD HOLDINGS: Inks LOI to Acquire 51% of Jiun Jiang --------------------------------------------------------- Nightfood Holdings, Inc., doing business as TechForce Robotics, announced that it executed a non-binding Letter of Intent with the shareholders of Jiun Jiang Enterprise Co., Ltd., a Taiwan-based manufacturer of precision industrial, advanced packaging and semiconductor automation and thermal interface material manufacturing systems, robotics, and intelligent manufacturing solutions, setting forth the principal terms under which the parties intend to negotiate and enter into one or more definitive agreements pursuant to which Nightfood would acquire 51% of the issued and outstanding equity interests of JJ Enterprise, with JJ Enterprise becoming a majority-owned operating subsidiary of Nightfood. The Transaction is contemplated as a share exchange in which the consideration consists solely of shares of Nightfood common stock, with final terms to be set forth in the Definitive Agreements. The parties intend to negotiate definitive agreements following completion of due diligence. There is no guarantee that Nightfood will enter into the Definitive Agreements on the terms described herein or at all, or that the Transaction will be consummated as described herein or at all. The proposed transaction furthers Nightfood's anticipated transformation into a diversified automation and advanced-manufacturing platform positioned at the intersection of semiconductor manufacturing, AI infrastructure, robotics, pharmaceutical automation, and industrial technology. Building Upon an Established Commercial Foundation Unlike transactions built around early-stage technologies or pre-revenue concepts, JJ Enterprise would enter the proposed combination with existing manufacturing operations, established customer relationships, active commercial contracts, and a founding team with more than 30 years of experience in industrial machinery, precision engineering, and automation across Taiwan's advanced-manufacturing ecosystem. Management believes that combining JJ Enterprise's engineering, manufacturing, and automation capabilities with Nightfood's public-company platform would create opportunities for growth, expand production capacity, deepen customer relationships, pursue larger commercial programs, and establish additional manufacturing capabilities in the United States. A Performance-Based, Audited-Revenue Framework The LOI contemplates a revenue-based valuation tied exclusively to audited financial statements prepared in accordance with U.S. GAAP and audited by an independent PCAOB-registered accounting firm. The structure is designed so that consideration tracks audited business performance rather than projections. The audit of JJ Enterprise has not been completed and there is no guarantee that it can be completed in a timely manner or at all. Based on achievement of an approximately $20 million annual revenue run rate, JJ Enterprise would carry an implied enterprise value of approximately $100 million, corresponding to a 51% equity value of approximately $51 million, payable solely in Nightfood common stock and subject to customary adjustment for any recapitalization or similar corporate action. Beyond the initial consideration, the LOI ties additional value to results the business actually delivers. As JJ Enterprise reaches higher levels of audited annual revenue, the implied enterprise value would step up accordingly: * Approximately $250 million at $50 million in audited annual revenue * Approximately $400 million at $100 million in audited annual revenue * Approximately $700 million at $200 million in audited annual revenue * Approximately $1.2 billion at $400 million in audited annual revenue Each milestone would be based on audited financial statements prepared under U.S. GAAP and verified by an independent PCAOB-registered accounting firm, with any earnout paid in Nightfood common stock. The milestones are cumulative and do not expire, creating a structure that rewards actual business performance whenever achieved. Management believes that, over the first five years following closing, the combined platform has the potential to generate cumulative revenue of approximately $770 million while targeting EBITDA margins in excess of 25%. These figures represent management objectives only and are dependent upon numerous factors, including financing, capacity expansion, customer demand, market conditions, execution, and successful uplisting. No assurance can be provided that any such objectives will be achieved. Governance and Management Continuity If the proposed transaction is completed, JJ Enterprise's existing management team would continue leading day-to-day operations, while Nightfood would support strategic growth, financing, public-market, and business-development initiatives. The LOI contemplates that JJ Enterprise would designate one member to Nightfood's Board of Directors, while Nightfood would designate a majority of JJ Enterprise's board, reflecting Nightfood's controlling interest while preserving operational continuity. Positioned for Long-Term Industry Trends According to industry forecasts, semiconductor manufacturing equipment spending, AI infrastructure investment, advanced packaging adoption, and data-center expansion are expected to remain among the most significant capital-allocation priorities across the global technology sector for the foreseeable future. SEMI projects worldwide semiconductor equipment spending to reach a record $156 billion by 2027, driven by accelerating demand for AI computing, advanced semiconductor manufacturing, high-performance packaging technologies, and ongoing investments in domestic chip production capacity. Concurrently, McKinsey & Company estimates that global data-center infrastructure investment could exceed $6.7 trillion by 2030, including approximately $5.2 trillion dedicated to AI-enabled infrastructure. Source: SEMI, "Global Semiconductor Equipment Sales Projected to Reach a Record $156 Billion by 2027" (2024); McKinsey & Company, "The Cost of Compute: A $7 Trillion Race to Scale Data Centers" (2024). Management Commentary Jimmy Chan, Chief Executive Officer of Nightfood Holdings and TechForce Robotics, commented: "We are not pursuing a concept-stage or early-stage technology company. Through the proposed transaction, we are seeking to partner with a business that has established manufacturing capabilities, customer relationships, engineering expertise, and decades of industry experience. We believe these attributes, together with Nightfood's public-company platform and growth strategy, could create a foundation for long-term growth and value creation. "As investment in AI infrastructure, semiconductor manufacturing, and advanced packaging continues to expand, our objective is to support JJ Enterprise's future growth by leveraging Nightfood's access to capital markets, public-company visibility, and strategic resources. Subject to the execution of definitive agreements and completion of the proposed transaction, we believe this relationship could help support future capacity expansion initiatives, potential U.S. manufacturing opportunities, and JJ Enterprise's ability to serve customers across the semiconductor and AI infrastructure supply chain. "We view this opportunity as part of a broader industry trend rather than an isolated transaction. As companies throughout Taiwan's advanced manufacturing ecosystem evaluate opportunities to diversify geographically, strengthen supply-chain resilience, and support customers expanding operations in the United States, we believe Nightfood may be well positioned to serve as a public-market platform for select strategic opportunities that align with our long-term growth objectives. Any future transactions would be evaluated based on strategic fit, operational synergies, financial considerations, and their potential to contribute to long-term shareholder value." Transaction Status The LOI is non-binding and serves as an expression of the parties' mutual intent. There can be no assurance that definitive agreements will be executed on the terms described herein or at all or that the proposed transaction will be completed. Any transaction would remain subject to satisfactory completion of due diligence, negotiation and execution of definitive agreements, completion of PCAOB-compliant audited financial statements, required board, shareholder, governmental, and regulatory approvals, and Nightfood's successful uplisting to, and active trading on, a U.S. national securities exchange. Under the LOI, closing shall not occur prior to such uplisting becoming effective. A full text copy of the Non-Binding Letter of Intent is available at https://tinyurl.com/yp4fme2j About Jiun Jiang Enterprise Co., Ltd. Jiun Jiang Enterprise Co., Ltd. is a Taiwan-based engineering and manufacturing company specializing in precision industrial equipment, semiconductor automation systems, advanced packaging equipment, thermal interface material manufacturing systems, robotics, intelligent manufacturing solutions, pharmaceutical automation equipment, and related advanced-manufacturing technologies. JJ Enterprise is built upon a family-owned manufacturing foundation with more than 30 years of experience in industrial machinery, precision engineering, automation systems, and advanced manufacturing. For more information, visit https://jianjiang.com.tw/EN/. About Nightfood Holdings Tarrytown, N.Y.-based Nightfood Holdings, Inc. is focused on identifying and exploiting explosive market trends within the hospitality, food services, and consumer goods sectors. By leading newly emerging categories and by identifying opportunities in markets undergoing transformational upheaval, the Company's aim is to create upside potential unmatched in more mature markets. As of March 31, 2026, the Company had $128.97 million in total assets, $46.36 million in total liabilities, and $82.61 million in total stockholders' equity. Spokane, Wash.-based Fruci & Associates II, PLLC, the Company's auditor since 2024, issued a "going concern" qualification in its report dated October 14, 2025, attached to the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2025, citing that the Company has an accumulated deficit, limited available cash resources and does not believe cash on hand will be sufficient to fund operations and growth. These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern. NOBLE LIFE: Court Extends Cash Collateral Access to Aug. 31 ----------------------------------------------------------- Noble Life Sciences Inc. received seventh interim approval from the U.S. Bankruptcy Court for the District of Maryland to use cash collateral through August 31. Under the seventh interim order, the Debtor is authorized to use cash collateral only for ordinary operating expenses in accordance with its budget. Spending is subject to a 10% variance cap from projected amounts. Importantly, where the budget reflects negative cash flow, the Debtor must cover those shortfalls using outside investment funds, not Fulton Bank's cash collateral. The Debtor projects total operational expenses of $481,960.49 for July and August. Fulton Bank, a secured creditor, will be granted a security interest of the same priority and to the same extent of the Debtor's use of such cash collateral. The security interest is automatically perfected and survives conversion of the Debtor's Chapter 11 case to one under Chapter 7. As additional protection, Fulton Bank will receive payments of $15,000 due on July 15 and August 15. This authorization has been extended until the earlier of (i) August 31 or (ii) the Debtor's ability to obtain a debit card from its DIP bank or ACH services from a lending institution. The next hearing is scheduled for August 27. The seventh interim order is available at https://shorturl.at/bXpsX from PacerMonitor.com. About Noble Life Sciences Inc. Noble Life Sciences, Inc. is a pre-clinical contract research organization that provides GLP and non-GLP services, including safety and efficacy testing, for drugs, vaccines, and medical devices. It offers capabilities in pharmacology, bioanalysis, analytical testing, and preclinical development across a range of therapeutic areas such as oncology, infectious diseases, and cardiovascular conditions. Noble Life Sciences sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Md. Case No. 25-15637) on June 22, 2025. In its petition, the Debtor reported total assets of $488,456 and total liabilities of $5,160,511. Robert B. Scarlett, Esq., at Scarlett & Croll, P.A. is the Debtor's legal counsel. Fulton Bank is represented by: Michael D. Nord, Esq. Gebhardt & Smith, LLP One South Street, Suite 2200 Baltimore, MD 21202 Tel: (410) 385-5072 mnord@gebsmith.com NOISA INC: Unsecured Creditors Will Get 7.25% of Claims in Plan --------------------------------------------------------------- Noisa, Inc., and affiliates submitted an Amended Plan of Reorganization under Subchapter V dated June 22, 2026. The Plan will be implemented through the continued operations of the Debtor's business. The Plan proposes to pay administrative and priority claims in full unless otherwise agreed. The Debtors estimates approximately 7.25% will be paid on account of general unsecured claims pursuant to the Plan. The percentage is subject to change based on the allowance of claims, litigation proceeds, or the proceeds from any sales that may occur. The Debtor has continued to operate its business to further generate revenue and continuing to work with its vendors and customers to achieve favorable payment arrangements that will further foster its restructuring. The Debtor is also continuing to explore various other sales of assets that may generate additional income. During this case, the Debtor made personal advances to its Shareholder, David Montanez. The Court has Ordered the return of those funds and Mr. Montanez will repay those funds to the Debtor over 60 equal payments starting after plan confirmation. Those payments will be used to first pay administrative expenses and second be dedicated to general unsecured creditors to increase their dividend. Class 2 General Unsecured Claims shall consist of all other creditors with Allowed Claims against Noisa, Inc. not secured by property of the estate and that are not entitled to priority under Section 507(a) of the Bankruptcy Code. The creditors in this Class must have had a claim against the Debtor as of Oct. 6, 2025. The total amount for this Class is approximately $826,920.99, plus any Allowed Unsecured Claim held by an undersecured creditor that is to be determined. This Class is Impaired. The Creditors in this Class will be paid by regular monthly payments made by the Debtor and distributed on a Quarterly basis. Beginning on the Plan Effective Date, the Debtor will pay creditors a fixed monthly payment of $1,000.00. Distributions to this Class will be made on a quarterly basis. Each creditor will receive a pro rata distribution of all funds distributed to the Class. This Class will not be entitled to interest on their claims. The claims in this Class are not entitled to post-petition interest, attorney's fees, or costs. In addition to regular payments, this Class may receive payments through the proceeds of sale, if any, and through litigation proceeds. To the extent that any of the claims in this Class are judgment liens that are stale and have not been timely revived during the statutory period prior to the commencement of this Case, the creditor shall not be entitled to revive the lien against the Debtor after the Confirmation of the Plan. Equity Interests will be retained under the Plan. No payments will be made on account of this Class. The Plan will be implemented through continued business operations. The restructuring reduces the Debtors respective debt service on a month to month basis and will allow the Debtors to continue to operate. The Debtor is funding this plan with its income and dedication all disposable income over a 5-year period to this Plan. Disposable income is defined by Section 1191(d) of the Bankruptcy Code as the income that is received by the debtor and that is not reasonably necessary to be expended for the payment of expenditures necessary for the continuation, preservation, or operation of the business of the debtor. A full-text copy of the Amended Plan dated June 22, 2026 is available at https://urlcurt.com/u?l=3Mz58J from PacerMonitor.com at no charge. Counsel to the Debtors: David Z. Valencik, Esq. Andrew K. Pratt, Esq. CALAIARO VALENCIK 555 Grant Street, Suite 300 Pittsburgh, PA 15219 Telephone: (412) 232-0930 Facsimile: (412) 232-3858 E-mail: dvalencik@c-vlaw.com apratt@c-vlaw.com About Noisa Inc Noisa, Inc., doing business as Las Velas Mexican Restaurant, operates a full-service Mexican dining establishment, offering a range of traditional dishes and catering services in Pennsylvania. Its affiliate, Isano Inc., runs a Mexican restaurant in Murrysville, featuring tacos, burritos, enchiladas, and other regional fare. Meanwhile, Isano 3, Inc., doing business as La Cantina by Madero, manages a restaurant concept that combines Mexican staples with American casual items such as wings and burgers, operating as part of the same broader restaurant group in the state. Noisa and its affiliates filed Chapter 11 petitions (Bankr. W.D. Pa. Lead Case No. 25-22682) on October 6, 2025. In the petition signed by David Montanez, company owner, Noisa disclosed up to $500,000 in assets and up to $1 million in liabilities. Judge Carlota M. Bohm oversees the cases. David Z. Valencik, Esq., at Calaiaro Valencik, represents the Debtors as legal counsel. NORDICUS PARTNERS: Closes $554K Private Placement of 201,500 Shares ------------------------------------------------------------------- Nordicus Partners Corporation announced in a regulatory filing that in March and April 2026, it issued to five private investors a total of 201,500 restricted shares of its common stock, par value $0.01 per share. The price per share was $2.75. On June 23, 2026, Nordicus determined to close the private offering of such shares on these terms. The shares of common stock have not been registered under the Securities Act of 1933, as amended, or any state or other applicable jurisdiction's securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdiction's securities laws. This current report shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Nordicus Partners Headquartered in Beverly Hills, Calif., Nordicus Partners Corporation is a financial consulting company specializing in providing Nordic companies with the best possible conditions to establish themselves in the U.S. market. The Company leverages management's combined 90+ years of experience in the corporate sector, serving in various capacities both domestically and globally. Additionally, Nordicus operates as a business incubator, offering support resources and services such as office space, legal and accounting services, and marketing expertise to facilitate a smooth transition for companies entering the U.S. marketplace. Spokane, Washington-based Fruci & Associates II, PLLC, the Company's auditor since 2023, issued a "going concern" qualification in its report dated July 29, 2025, attached to the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2025, citing that the Company has nominal revenue and has incurred losses since inception resulting in an accumulated deficit. These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company's recent acquisitions, its generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next 12 months with existing cash on hand and the private placement of Common Stock. As of December 31, 2025, the Company had $75.86 million in total assets, $11.11 million in total liabilities, and $64.75 million in total stockholders' equity. NORTH ATLANTA HOME: Seeks Subchapter V Bankruptcy in Georgia ------------------------------------------------------------ On June 25, 2026, North Atlanta Home Services Inc. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Northern District of Georgia. According to court filing, the Debtor reports between $1 million and $10 million in debt owed to 1–49 creditors. The Chapter 11 Subchapter V plan must be filed by September 23, 2026, while the cash flow statement is due July 2, 2026. About North Atlanta Home Services Inc. North Atlanta Home Services Inc. is a Winder, Georgia-based provider of outdoor lighting installation and maintenance services. North Atlanta Home Services Inc. sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. not provided) on June 25, 2026. In its petition, the Debtor reports estimated assets between $100,000 and $500,000 and estimated liabilities between $1 million and $10 million. The Debtor is represented by William A. Rountree, Esq. of Rountree Leitman Klein & Geer, LLC. NORTH TEXAS: To Sell Fiber Business Assets to Private Fiber ----------------------------------------------------------- North Texas Fiber, Inc. seeks permission from the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division, to sell Assets, free and clear of liens, claims, interests, and encumbrances. The Debtor's Assets are comprised of: -- Debtor's interest in that certain Kelly Ranch Estates NTF Service and Entry Agreement dated November 18, 2022 by and between Seller and Kelly Ranch Estates LLC for the project commonly known as Kelly Ranch Estates. -- Debtor's interest in that certain North Texas Fiber Service and Entry Agreement 2023 dated February 3, 2023 by and between Seller and Cresson Estates HOA -- Debtor's interest in that certain MDU Fiber Services Agreement (MDU Services -- Debtor's interest in that certain MDU Fiber Services Agreement (MDU Services Agreement) dated February 10, 2024 by and between Seller and Sherman Park Apartments, LP -- Any individual subscription agreements entered into by homeowners with Debtor related to providing services to any consumers at the Projects, as well as all customer data. -- All of Debtor's network equipment, fiber infrastructure, materials, equipment and other similar items located anywhere at the Projects -- All of Debtor's interest in that certain Master Service Agreement between Seller and all backhaul carrier providers -- All of Debtor's customer agreements and intellectual property rights to extent existing related to the Projects -- All of Debtor's existing claims, demands and equities existing and to exist in connection with any of the Projects -- All of Debtor's records, reports and copies of all notices given by either Seller or any Counterparty related to the Projects. The Debtor wishes to sell the Assets to Private Fiber Inc., a Texas corporation in the purchase price of $1,983,040. The sale shall be free and clear of all liens, claims and encumbrances, and such liens, claims and encumbrances shall attach to the sales proceeds. Debtor's lender -- Liberty Banker's Life Insurance Company (LBLIC) -- has a lien on all of Debtor's assets. The price at which the Assets are to be sold is greater than the aggregate value of all liens on such Assets. The Debtor asserts that the Assets to be sold represent less than 5% of Debtor's assets, and proposes to pay no more than 5% of the proceeds received from the sale of the Assets to LBLIC as adequate protection. The Debtor requests that the Property be sold free and clear of all security interests, lien claims and encumbrances. About North Texas Fiber Inc. North Texas Fiber sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D.Tex. Case No. 26-32522-mvl-11) on June 5, 2026. Judge Michelle V. Larson presides over the case. Gregory W. Mitchell at The Mitchel Law Firm LP, represents the Debtor as legal counsel. NOVATECH FS: Unsecured Creditors to Split $15K over 60 Months ------------------------------------------------------------- Novatech FS filed with the U.S. Bankruptcy Court for the District of Nevada a Plan of Reorganization for Small Business dated June 22, 2026. Novatech FS, a Nevada corporation, is engaged in the research, development, and commercialization of advanced safety, thermal management, and emergency response technologies. The Debtor's technology primarily focused on NovaCool, a proprietary thermal management and transient heat mitigation platform being developed for potential applications involving data center infrastructure, high-density computing, AI/GPU environments, rack-level thermal protection, and related high - performance computing environments. The Debtor sought bankruptcy relief in order to reorganize its corporate structure and to seek capital injections by new investors or via a joint venture. Thus, on January 14, 2026, (the "Petition Date"), the Debtor filed its voluntary petition for relief under chapter 11 of title 11 of the United States Code in the U.S. Bankruptcy Court for the District of Nevada, thereby commencing its reorganization case (the "Chapter 11 Case"). The Plan Proponent's financial projections show that the Debtor will have projected disposable income of $250.00 per month, and increased to $1,500.00 per month after Joint Venture Agreement approved by the Court, after notice and hearing. The final Plan payment is expected to be paid on September 30, 2031. This Plan of Reorganization proposes to pay creditors of the Debtor from an infusion of capital, cash flow from operations and/or future income. Non-priority unsecured creditors holding allowed claims will receive distributions, which the proponent of this Plan has valued at approximately .16 cents on the dollar (based on a Plan payment of $250.00 per month for five years). This Plan also provides for the payment of administrative and priority claims. Class 2 consists of Non-priority Unsecured Creditors. Each holder of a Class 2 Allowed general unsecured, non-priority claim shall receive its pro rata share of the sum of $15,000.00 which shall be paid in installments of $250.00 starting in Month 1 after the Effective Date, and continuing each and every month thereafter for sixty months, until that total sum is paid, or such greater amount as the Court may require at the confirmation hearing on the Plan and as consistent with Sections 1190 and 1191 of the Code. In the event the Debtor enters into a Joint Venture Agreement (subject to Court approval), Debtor shall increase the monthly payment amount to $1,500.00 per month, commencing 30 days after it enters into a Joint Venture Agreement, and continuing each and every month thereafter for the remainder of the sixty-month term. Class 2 is impaired and thus is entitled to vote on the Plan. Class 3 Equity Security Holders of the Debtor shall retain their interests in the Debtor, but shall receive no disbursement on account of such equity interest during the Plan Term. Class 3 is unimpaired and is deemed to have accepted the Plan. The Debtor's initial proposed plan payment of $250.00 per month will be funded from business operations, and its proposed increased monthly payment of $1,500.00 per month for its remaining plan term will be funded from capital infusion pursuant to any Court approved Joint Venture Agreement. A full-text copy of the Plan of Reorganization dated June 22, 2026 is available at https://urlcurt.com/u?l=EGUIT4 from PacerMonitor.com at no charge. Counsel to the Debtor: Stephen R. Harris, Esq. Harris Law Practice LLC 850 E. Patriot Blvd., Suite F Reno, NV 89511 Telephone: (775) 786-7600 Email: steve@harrislawreno.com About Novatech FS Novatech FS, a Nevada corporation, is engaged in the research, development, and commercialization of advanced safety, thermal management, and emergency response technologies. The Debtor filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Nev. Case No. 26-50035) on Jan. 14, 2026. In the petition signed by Rafael Cappucci, president, the Debtor disclosed up to $1 million in estimated assets and up to $10 million in estimated liabilities. Judge Hilary L. Barnes oversees the case. Stephen R. Harris, at Harris Law Practice, LLC, is the Debtor's counsel. NY 182 REALTY: Case Summary & One Unsecured Creditor ---------------------------------------------------- Debtor: NY 182 Realty, LLC 631 Throop Avenue Brooklyn NY 11216 Business Description: NY 182 Realty, LLC is a single-asset real estate company (as defined in 11 U.S.C. Section 101(51B)). Chapter 11 Petition Date: June 17, 2026 Court: United States Bankruptcy Court Eastern District of New York Case No.: 26-42955 Judge: Hon. Elizabeth S Stong Debtor's Counsel: Irene Nwanyanwu, Esq. ANELE & ASSOCIATES 97-13 Springfield Boulevard, 1st Fl Queens Village NY 11429 Tel: (718) 776-0022 E-mail: irenenn@optonline.net Estimated Assets: $1 million to $10 million Estimated Liabilities: $500,000 to $1 million The petition was signed by John Darius Huggins as managing member. The Debtor listed New York Ave Capital LLC, located at 155 Maple Street, Suite 305, Springfield, Massachusetts, as its sole unsecured creditor. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/DJPFQLI/NY_182_REALTY_LLC__nyebke-26-42955__0001.0.pdf?mcid=tGE4TAMA OFFICE PROPERTIES: Issues $805M in New Secured Notes at Emergence ----------------------------------------------------------------- Office Properties Income Trust announced in a regulatory filing that on June 17, 2026, the Company's Fourth Amended Joint Chapter 11 Plan of Reorganization became effective and the Company and its debtor affiliates emerged from chapter 11 protection. The following is a summary of the material transactions consummated on or about the Effective Date in connection with the Plan. The Chapter 11 Cases were commenced on October 30, 2025 in the United States Bankruptcy Court for the Southern District of Texas under the caption In re Office Properties Income Trust, et al., Case No. 25-90530. The Plan was filed on April 21, 2026 and confirmed by the Bankruptcy Court on April 22, 2026. 2029 Secured Exit Notes On the Effective Date, the Company issued senior secured notes in an aggregate principal amount of $420 million pursuant to an indenture by and among the Company, as issuer, certain of the Company's subsidiaries, as guarantors, and U.S. Bank Trust Company, National Association, as trustee and collateral agent. The 2029 Secured Exit Notes bear interest at a rate of 10.000% per annum, payable semi-annually in arrears on March 31 and September 30 of each year, and mature on June 17, 2031. The 2029 Secured Exit Notes are secured by: (a) first lien security interests in the properties which secured the Company's previously outstanding 9.000% Senior Secured Notes due September 2029 on a first lien basis, the Company's previously unencumbered properties and certain other properties, (b) second lien security interests in the properties which secured the Old September 2029 Senior Secured Notes on a second lien basis, (c) first lien security interests in the equity interests of the entities which secured the Old September 2029 Senior Secured Notes on a first lien basis, certain entities that previously guaranteed the Company's previously outstanding 8.000% senior priority guaranteed unsecured notes due 2030 and certain other subsidiaries of the Company that did not previously secure or guarantee any debt obligations, and (d) second lien security interests in the equity interests of the entities which secured the Old September 2029 Senior Secured Notes on a second lien basis. The 2029 Secured Exit Notes were issued in exchange for allowed claims relating to the Old September 2029 Senior Secured Notes, pursuant to which holders of such claims received their pro rata share of $300 million in 2029 Secured Exit Notes, plus their pro rata share of $120 million in additional 2029 Secured Exit Notes and $98 million of newly issued common shares of beneficial interest, $.01 par value per share, of the Company, or a combination thereof. New 2027 Senior Secured Notes On the Effective Date, Office Properties Income Intermediate Holdco II Trust, a newly formed bankruptcy-remote special purpose vehicle and a direct, wholly owned subsidiary of Office Properties Income Intermediate Holdco I Trust, which is a direct, wholly owned subsidiary of the Company, issued new senior secured notes in an aggregate principal amount of $385 million (which amount is intended to be reduced by required, deferred principal payments of $50 million in the aggregate) pursuant to an indenture by and among the New 2027 SPV, as issuer, the Company, as limited parent guarantor, the New 2027 Holdco and certain other subsidiaries of the Company, as guarantors, and UMB Bank, N.A., as trustee and collateral agent, in accordance with the terms of the settlement with an ad hoc group of holders of the Company's previously outstanding 3.250% Senior Secured Notes due 2027. The New 2027 Senior Secured Notes bear interest at a rate of 8.375% per annum, payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each year, and mature on December 31, 2029. The New 2027 Senior Secured Notes were issued in exchange for an aggregate amount equal to $385 million, plus accrued and unpaid interest, fees, costs, and other charges comprising the allowed claims relating to the Old 2027 Senior Secured Notes. Reorganized Common Equity and New Warrants On the Effective Date, all previously issued and outstanding common shares of beneficial interest, $.01 par value per share, of which there were 73,943,439 issued and outstanding as of October 30, 2025, were cancelled, released, discharged, and extinguished and are of no further force or effect. Holders of Old Common Shares did not receive any distribution on account of such interests and such interests have no value. The Company issued an aggregate of 21,953,577 shares of Reorganized Common Equity on the Effective Date pursuant to the Plan to: (a) holders of the Old September 2029 Senior Secured Notes; (b) holders of DIP Claims; (c) holders of claims in respect of the Company's previously outstanding senior unsecured notes; (d) holders of the Old 2030 Priority Guaranteed Notes; (e) RMR pursuant to the Amended Business Management Agreement; and (f) holders of claims in respect of the Company's previously outstanding senior unsecured notes who exercised their rights to acquire an aggregate amount of $35 million of Reorganized Common Equity. Immediately following the Effective Date, certain holders of the Old September 2029 Senior Secured Notes and DIP Claims hold approximately 67% of the Reorganized Common Equity, accounting for dilution on account of the Initial Equity Compensation to RMR under the Amended Business Management Agreement. The Reorganized Common Equity was issued without registration under the Securities Act of 1933, as amended, in reliance upon section 1145(a) of the Bankruptcy Code (and in the case of the issuance to RMR, section 4(a)(2) of the Securities Act). Such shares may be resold without registration under the Securities Act by the recipients thereof pursuant to the exemption provided by section 4(a)(1) of the Securities Act, unless the holder is an "underwriter" as defined in section 1145(b) of the Bankruptcy Code or an "affiliate" of the Company as defined in Rule 144(a)(1) under the Securities Act. On the Effective Date, the Company also issued warrants to holders of claims in respect of the Company's previously outstanding senior unsecured notes pursuant to a warrant agreement. The New Warrants are exercisable for an amount of common equity of the Company equal to 5.0% of the Reorganized Common Equity outstanding as of the Effective Date (after taking into account the Reorganized Common Equity issued or issuable as a result of the Initial Equity Compensation or the exercise of the New Warrants). The New Warrants have an exercise price of $25.00 per share and are exercisable within seven years from the Effective Date. Termination of DIP Facility On the Effective Date, the Amended and Restated Secured Debtor-in-Possession Term Loan Credit Agreement, which provided for a $125 million secured debtor-in-possession term loan facility, was terminated in connection with the Company's emergence from chapter 11 protection. Claims of the DIP Lenders (excluding DIP fee claims) were satisfied through the issuance of shares of Reorganized Common Equity at a conversion price of $12.60 per share. DIP fee claims (consisting of an anchor capital commitment fee, an exit fee and an upfront fee) were satisfied through: (1) in respect of the anchor capital commitment fee and exit fee, a distribution of Reorganized Common Equity at a conversion price of $20.00 per share, and (2) in respect of the upfront fee, a distribution of Reorganized Common Equity at a conversion price of $12.60 per share. All obligations under the DIP Credit Agreement and the DIP Facility have been satisfied, discharged, and terminated in full as of the Effective Date. Cancellation of Old Senior Notes On the Effective Date, by operation of the Plan, all obligations under each of the Company's previously outstanding: (i) Old 2027 Senior Secured Notes, (ii) Old September 2029 Senior Secured Notes, (iii) 2.650% senior unsecured notes due 2026, (iv) 2.400% senior unsecured notes due 2027, (v) Old 2030 Priority Guaranteed Notes, (vi) 3.450% senior unsecured notes due 2031 and (vii) 6.375% senior unsecured notes due 2050, in each case under the indentures governing such notes, were cancelled. Amended RMR Management Agreements On the Effective Date, the Company entered into a Third Amended and Restated Business Management Agreement and a Third Amended and Restated Property Management Agreement, each with The RMR Group LLC. The initial term of each Amended RMR Management Agreement will be five years, and the Company will pay RMR: (i) an annual fee under the Amended Business Management Agreement of $14 million for the first two years and (ii) a 3% property management fee and 5% construction supervision fee under the Amended Property Management Agreement. In addition, the Amended Business Management Agreement provides for: (i) the issuance to RMR of common shares equal to 2% of the Reorganized Common Equity on the Effective Date and (ii) the issuance to RMR of common shares equal to up to 8% of the Reorganized Common Equity upon the satisfaction of certain financial and/or performance metrics to be determined by the Company's board of trustees. Amendment to Secured Credit Facility On the Effective Date, the Company and certain of the Reorganized Debtors entered into the Waiver and Amendment No. 1 to the Second Amended and Restated Credit Agreement. Pursuant to the Credit Agreement Amendmeny: (a) all of the defaults under the Credit Agreement arising out of the Chapter 11 Cases and related matters were permanently waived, (b) interest payable on borrowings under the Credit Agreement is at a rate of the secured overnight financing rate plus a margin of 550 basis points prior to and including December 31, 2026 and 750 basis points from and after January 1, 2027, and (c) the Credit Agreement was ratified and confirmed and remains in full force and effect. The Credit Agreement continues to consist of a $325 million secured revolving credit facility, all of which remains outstanding, and a $100 million secured term loan. Preemptive Rights Agreement On the Effective Date, the Company entered into a Preemptive Rights Agreement with certain holders of allowed claims in respect of the Company's previously outstanding unsecured notes who received more than 1% of the Reorganized Common Equity, granting customary preemptive rights with respect to: (a) any issuance by the Company of equity securities in an offering not registered under the Securities Act to (b) any issuance of debt securities or other indebtedness to certain former holders of the Old September 2029 Senior Secured Notes, subject to certain exceptions, for so long as such Preemptive Rights Shareholder continues to hold at least 1.0% of the Company's outstanding common shares. Board of Trustees On the Effective Date, Yael Duffy, Donna D. Fraiche, Barbara D. Gilmore, William A. Lamkin, Timothy R. Pohl, Adam D. Portnoy, Jeffrey P. Somers and Mark A. Talley resigned as trustees of the Company. None of the trustees resigned as a result of any disagreement with the Company on any matter relating to its operations, policies or practices. Effective as of the Effective Date, Jonathan Heller, Jonathan Kolatch, William A. Lamkin, Adam D. Portnoy and Irvin Schlussel were elected as members of the board of trustees of the Company. William A. Lamkin and Adam D. Portnoy are the only trustees that served on the board of trustees prior to emergence. Each new trustee will be entitled to an annual cash compensation of $120,000. The board of trustees appointed: (i) Jonathan Kolatch, William A. Lamkin and Irvin Schlussel to serve on the Audit Committee; (ii) Jonathan Kolatch and Irvin Schlussel to serve on the Compensation Committee; and (iii) Jonathan Kolatch and Irvin Schlussel to serve on the Nominating and Governance Committee. Jonathan Heller is the founder and Chief Executive Officer of Helix Partners Management LP, a multi-billion dollar, opportunistic, credit-focused investment manager. Prior to founding Helix Partners in December 2022, Mr. Heller was a Partner and Senior Portfolio Manager at Canyon Partners, where he was also Chairman of the Board of CBL & Associates Properties, Inc. (NYSE: CBL). Prior to Canyon Partners, Mr. Heller was a Senior Vice President at Cerberus Capital Management, L.P. from 2004 to 2008, and prior to Cerberus founded a hedge fund of funds, Double Arrow Capital Management. Mr. Heller began his career in 1996 as an accountant at PricewaterhouseCoopers. He is a graduate of Yeshiva University (B.S., Accounting) and is a Certified Public Accountant. Jonathan Kolatch currently runs his family office, Jasper Lake, LLC. Mr. Kolatch founded Redwood Capital Management, LLC in 2000 after a long career at Goldman Sachs, where he became a Partner in 1994, and served as Chief Executive Officer and Chief Information Officer at Redwood until his retirement in 2020. Mr. Kolatch graduated summa cum laude from Columbia College in 1978 and received an M.B.A. from Harvard Business School in 1982. Irvin Schlussel is the Chief Investment Officer at a private family office since April 2021. Previously, from April 2016 to March 2021, he served as Managing Director of Inglesea Capital. Mr. Schlussel currently serves as a board observer at Chicago Bridge & Iron. He graduated with honors from the Wharton School of the University of Pennsylvania in 2003, earning a Bachelor of Science in Economics with a concentration in finance. William A. Lamkin is an Independent Trustee on the Board of Trustees of Seven Hills Realty Trust and previously served on the boards of Tremont Mortgage Trust and Select Income REIT. From 2003 to 2019, Mr. Lamkin was a Partner in Ackrell Capital LLC and served on the board of Ackrell SPAC Partners I Co. from 2020 to 2022. Before entering the financial services industry, Mr. Lamkin was a practicing attorney. Adam D. Portnoy is the Chair of the Board of Directors, a Managing Director, and the President and Chief Executive Officer of The RMR Group Inc. ("RMR Inc.") and the President and Chief Executive Officer of RMR. He also serves as the Chair of the Board of Trustees and a Managing Trustee of each of Diversified Healthcare Trust, Industrial Logistics Properties Trust, Service Properties Trust, and Seven Hills Realty Trust, and is the sole director of AlerisLife Inc., Sonesta International Hotels Corporation, and Tremont Realty Capital LLC. Mr. Portnoy graduated with a Bachelor's degree in Public Policy from Occidental College in 1993. The officers of the Company immediately before the Effective Date continue to serve as the officers of the Company as of the Effective Date. Amended Charter and Bylaws On the Effective Date, pursuant to the Plan, the Company amended and restated its Declaration of Trust and Bylaws. Material changes include: (i) a trustee may be removed at any time with or without cause by the affirmative vote of holders of not less than two-thirds of the shares then outstanding and entitled to vote, and no trustee may be removed by the board of trustees without cause before June 17, 2027; (ii) a new corporate opportunities provision providing that certain shareholders, their related persons and non-employee trustees shall have no duty to refrain from competing with the Company or pursuing corporate opportunities in the same or similar lines of business; (iii) amendment of the Amended Charter requires adoption by a majority of the trustees then in office and approval by the affirmative vote of not less than a majority of the shares outstanding and entitled to vote thereon; (iv) special meetings of shareholders may be called by shareholders holding greater than 50% of the votes entitled to be cast; and (v) shareholders may take any action by unanimous written consent without a meeting. The Amended Bylaws provide that the board of trustees will include: (i) up to three trustees initially designated for appointment by Helix Partners, scaling down as Helix Partners' ownership decreases below 15%, 10% and 5% thresholds; (ii) up to two trustees designated for appointment by Redwood Capital Management, scaling down as Redwood's ownership decreases below 10% and 5% thresholds; (iii) until the Company's 2028 annual meeting of shareholders, one Manager Trustee who is an employee, officer or director of RMR, provided the Amended Business Management Agreement remains in effect; and (iv) until the one-year anniversary of the Effective Date, one Unsecured Creditor Trustee initially designated for appointment by the Official Committee of Unsecured Creditors. Additional Information Full text copies of the 2029 Secured Exit Notes Indenture, New 2027 Senior Secured Notes Indenture, Amended RMR Management Agreements, Credit Agreement Amendment, Preemptive Rights Agreement, New Warrants Agreement, Amended Charter and Amended Bylaws are available at https://tinyurl.com/yc5vwmk8, https://tinyurl.com/mt4dbbjt, https://tinyurl.com/2sxmz63j, https://tinyurl.com/5n6btshv, https://tinyurl.com/45mamk4k, https://tinyurl.com/2h9v77va, https://tinyurl.com/yc5fwt7w, respectively. About Office Properties Income (OPI) Trust Office Properties Income (OPI) Trust is a national REIT focused on owning and leasing office properties to high-credit-quality tenants in markets throughout the United States. OPI's property portfolio consists of 124 wholly owned properties located in 29 states and the District of Columbia, containing approximately 17.2 million rentable square feet. As of June 30, 2025, approximately 59% of OPI's revenues were from investment-grade rated tenants. In 2024, OPI was named an Energy Star(R) Partner of the Year for the seventh consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $39 billion in assets under management as of September 30, 2025, and more than 35 years of institutional experience in buying, selling, financing, and operating commercial real estate. OPI is headquartered in Newton, Massachusetts. Office Properties Income Trust and 72 affiliates filed separate petitions for Chapter 11 bankruptcy protection (Bankr. S.D. Texas Lead Case No. 25-90530) on October 30, 2025, before the Hon. Christopher M Lopez. As of Sept. 30, 2025, Office Properties Income Trust has 3,501,385,950 in total assets and$2,501,583,119 in total liabilities. The petitions were signed by John R. Castellano, their chief restructuring officer. Lawyers at Latham & Watkins LLP and Hunton Andrews Kurth LLP serve as the Debtors' counsel. Moelis & Company serves as the Debtors' investment banker and AlixPartners LLP as their restructuring advisors. Kroll Restructuring Administration LLC serves as the Debtors' claims, noticing & solicitation agent. White & Case LLP represents an ad hoc group of noteholders holding 90% senior secured notes due in September 2029 with an aggregate outstanding principal amount of $567,429,000. Milbank LLP and Porter Hedges LLP represent an ad hoc group of secured noteholders holding 3.25% senior secured notes due in 2027. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Munsch Hardt Kopf & Harr, P.C. represent an ad hoc group of secured noteholders holding (a) 90% senior secured notes due in March 2029; (b) 90% senior secured notes due 2029; (c) 3.25% senior secured notes due 2027 and (d) a short position in OPI's common equity interests. Acquiom Agency Services, LLC, is the DIP agent and is represented by White & Case LLP. OUTLOOK THERAPEUTICS: Regains Nasdaq Bid Compliance --------------------------------------------------- Outlook Therapeutics Inc. received a Nasdaq staff letter June 26 stating that it regained compliance with the exchange's $1 minimum bid price requirement. The company said in a Form 8-K filing with the Securities and Exchange Commission that Nasdaq determined the matter is now closed after the closing bid price of Outlook's common stock remained at or above $1 for 10 consecutive business days from June 11 through June 25. Outlook previously received a Feb. 18 letter from Nasdaq staff notifying the company that staff had determined to delist its common stock from the Nasdaq Capital Market because it failed to maintain a minimum bid price of $1 for 30 consecutive business days. The minimum bid requirement is set forth in Nasdaq Listing Rule 5550(a)(2), which applies to continued listing on the Nasdaq Capital Market. About Outlook Therapeutics Outlook Therapeutics Inc. is an Iselin, New Jersey, biopharmaceutical company focused on ONS-5010/LYTENAVA, an ophthalmic formulation of bevacizumab for wet age-related macular degeneration. The company's product was approved by the European Commission in the European Union and by the Medicines and Healthcare products Regulatory Agency in the United Kingdom for use in adults with wet AMD. Outlook launched into initial markets in Germany and the United Kingdom in June 2025 and had a biologics license application under review with the U.S. Food and Drug Administration. In an audit report dated Dec. 19, 2025, KPMG LLP included a going-concern paragraph, citing recurring losses from operations, negative cash flows from operations and an accumulated deficit. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the company reported total assets of $21.89 million, total liabilities of $50.89 million and stockholders' deficit of $28.99 million. PAVMED INC: All Three Key Proposals Approved at Annual Meeting -------------------------------------------------------------- PAVmed Inc. has announced the results of its Annual Meeting of Stockholders. Stockholders representing approximately 59.6% of the shares outstanding and entitled to vote were present in person or by proxy. At the Annual Meeting, the stockholders elected each of management's nominees for director and approved the other matters considered. A description of the matters considered by the stockholders and a tally of the votes on each such matter are set forth below. PROPOSAL 1. The election of two members of the Company's board of directors as Class A directors, to hold office until the third succeeding annual meeting and until their respective successors are duly elected and qualified. The Board is divided into three classes, Class A, Class B and Class C. As of the Annual Meeting, there were two directors in Class A, Ronald M. Sparks and Timothy Baxter, whose terms expired at the Annual Meeting, two directors in Class B, Sundeep Agrawal, M.D. and Debra J. White, whose terms expire at the 2027 annual meeting of stockholders, and two directors in Class C, Lishan Aklog, M.D. and Michael J. Glennon, whose terms expire at the 2028 annual meeting of stockholders. The board nominated Mr. Sparks and Mr. Baxter for re-election as Class A directors. Each of the board's nominees for director was elected, as follows: 1. Ronald M. Sparks * For: 3,810,460 * Authority Withheld: 67,490 * Broker Non-Votes: 457,041 2. Timothy Baxter * For: 3,815,060 * Authority Withheld: 62,890 * Broker Non-Votes: 457,041 PROPOSAL 2. A proposal to approve amendments to the Company's Employee Stock Purchase Plan to: (i) increase the total number of shares of the Company's common stock available under the ESPP by an additional 200,000 shares, from 15,774 shares to 215,774 shares and (ii) raise the annual limit for increases under the evergreen provision from 5,556 to 500,000 shares. The amendments were approved, as follows: * For: 3,780,854 * Against: 95,874 * Abstain: 1,222 * Broker Non-Votes: 457,041 A full text copy of the ESPP is available at https://tinyurl.com/56rfs6f7 PROPOSAL 3. A proposal to ratify the appointment of CBIZ CPAs P.C. as the Company's independent registered certified public accounting firm for the year ending December 31, 2026. The ratification of the appointment of CBIZ CPAs P.C. was approved, as follows: * For: 4,306,623 * Against: 25,814 * Abstain: 2,554 * Broker Non-Votes: -- About PAVmed PAVmed operates through multiple subsidiaries, including Lucid Diagnostics, which markets the EsoGuard test and EsoCheck device, and Veris Health, which focuses on digital tools for personalized cancer care. The company is also advancing its PortIO implantable vascular access device and developing endoscopic imaging technology licensed from Duke University. CBIZ CPAs P.C., in its March 27, 2026 audit report, issued a going-concern qualification, citing a significant working capital deficit, recurring losses and the need to raise additional funds. These conditions, the report notes, raise substantial doubt about the company's ability to continue operating. As of March 31, 2026, the Company had $45.4 million in total assets, $20.4 million in total liabilities, and $25 million in total stockholders' equity. PLUMBING NERDS: Gets Extension to Access Cash Collateral -------------------------------------------------------- Plumbing Nerds, LLC received another extension from the U.S. Bankruptcy Court for the Middle District of Florida, Fort Myers Division, to use cash collateral. The court entered a second interim order authorizing the Debtor to use cash collateral to fund operations based on an approved budget. This authorization will continue until further court order. The Debtor identifies four secured creditors that hold pre-petition liens on its assets and cash flow. The largest creditor is Altbanq Lending II, LLC, which asserts a claim of approximately $692,231 secured by a blanket lien on all assets and accounts receivable. Other secured creditors include Regions Bank, with a $23,055 claim on all assets; Apex Commercial Capital Corp., with a $21,928 claim specifically on a hydro-jet unit; and Regions Commercial Equipment Finance, LLC, with a $9,788 claim secured by 11 2023 Ford vehicles. As protection for the Debtor's use of their cash collateral, Altbanq and Regions Bank will receive monthly payments of $8,840 and $3,000, respectively. In addition, secured creditors will be granted replacement liens on their pre-petition collateral, with the same validity, priority and extent as their pre-petition liens. The Debtor reserves its right to investigate and challenge the validity or priority of these liens later in the bankruptcy proceedings. Additional safeguards include insurance coverage and access to business records and premises upon request. The court order is available at http://urlcurt.com/u?l=IYGvpefrom Pacermonitor.com. The court will hold a further hearing on Aug. 12. About Plumbing Nerds LLC Plumbing Nerds, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 2:26-bk-01055-FMR) on May 4, 2026. In the petition signed by John Verhoff, owner, the Debtor disclosed up to $1 million in assets and up to $10 million in liabilities. Judge Luis Ernesto Rivera II oversees the case. Michael Dal Lago, Esq., at Dal Lago Law, represents the Debtor as bankruptcy counsel. PREMIER AIR: Names Matt Aune CFO, Grants 1.5M Options ----------------------------------------------------- Premier Air Charter Holdings Inc. appointed Matt Aune chief financial officer, effective June 22, according to a Form 8-K filing with the Securities and Exchange Commission. Aune, 51, will serve as the company's principal financial officer. He most recently served as chief financial officer of Phunware Inc. from August 2011 to June 2023. Premier Air Charter said Aune previously held senior financial planning and analysis roles at Sony Computer Entertainment America and Midway Games and holds degrees from the University of California, San Diego, and San Diego State University. In connection with the appointment, the company entered into a June 9 offer letter providing Aune an annual base salary of $237,000, standard employee benefits and at-will employment. The company also granted Aune a nonstatutory stock option to buy 1.5 million common shares at 5.9 cents a share. The option has a five-year term and vests in four equal annual installments, subject to his continued employment. About Premier Air Charter Holdings Inc. Premier Air Charter Holdings Inc. operates through its wholly owned subsidiary Premier Air Charter Inc., a San Diego-based aircraft charter business serving an international aviation community. Premier provides private charters, aircraft management and sales, and its fleet includes light jets, turbojets and mid-large jets. The business directly maintains and operates aircraft and holds a Federal Aviation Administration air carrier certificate and Part 135 operations specifications for on-demand air-taxi operations. The company's principal executive office is in Carlsbad, California. In an audit report dated April 15, 2026, Fruci & Associates II, PLLC included a going-concern paragraph, citing no assurance that projections of future working capital needs would prove accurate or that additional funding would be sufficient to continue operations. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the company reported total assets of $38.78 million, total liabilities of $35.97 million and stockholders' equity of $2.81 million. PURE SCIENCE: Wins Final Cash Collateral Access ----------------------------------------------- Pure Science Lab Inc. received final approval from the U.S. Bankruptcy Court for the Southern District of Florida, Fort Lauderdale Division, to use cash collateral. Under the order, all prepetition and postpetition income must be turned over to the debtor and deposited into its debtor-in-possession account. The debtor may use cash collateral in accordance with an approved budget, subject to a variance of no more than 10% for any individual budget line item, unless otherwise agreed by affected secured creditors or authorized by further court order. As adequate protection, the Small Business Administration (SBA) was granted a replacement lien on all postpetition cash collateral to the same extent, validity, and priority as its prepetition interest, but only to the extent of any decline in collateral value caused by the debtor's use of cash collateral. Beginning May 1, 2026, the debtor must make monthly adequate protection payments of $1,100 to the SBA, with a five-business-day cure period following notice of any payment default. The order further provides a carve-out protecting payment of court fees, Office of the United States Trustee fees (if applicable), and approved professional fees, including those of the Subchapter V Trustee and debtor's professionals. All rights and claims of the debtor, lenders, and other parties remain reserved, and the interim order is without prejudice to requests for additional relief or modifications. About Pure Science Lab Inc. Pure Science Lab Inc. is a provider of hemp-derived cannabidiol products, offers oils, capsules, gummies, concentrates, topical creams, and pet formulations for the health and wellness market. The company focuses on sourcing organic hemp and producing non-psychoactive CBD extracts, with a product portfolio that includes tinctures, softgels, and topical applications distributed to individual consumers seeking plant-based wellness products. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-14210) on April 3, 2026. In the petition signed by Steven Pomerantz, president, the Debtor disclosed $66,485 in assets and $1,296,462 in liabilities. Judge Peter D. Russin oversees the case. Chad Van Horn, Esq., at Van Horn Law Group, P.A., represents the Debtor as bankruptcy counsel. QUINCE THERAPEUTICS: Sets 1-for-20 Reverse Split ------------------------------------------------ Quince Therapeutics Inc.'s board of directors approved a 1-for-20 reverse stock split and filed a certificate of amendment in Delaware, according to a Form 8-K filing with the Securities and Exchange Commission. The split is set to become effective at 11:59 p.m. Eastern on June 29, with Quince common shares expected to begin trading on a split-adjusted basis on the Nasdaq Global Select Market at the market open June 30. Stockholders previously approved a reverse split ratio ranging from 1-for-10 to 1-for-100 at the company's June 11 annual meeting, with the timing and final ratio to be determined by the board. Every 20 issued and outstanding common shares will automatically be combined into one share. Quince said the split will affect all stockholders uniformly, except that holders otherwise entitled to fractional shares will have their shares rounded up to the next whole share. The company said 19,559,257 common shares were outstanding immediately before the split and about 977,963 shares will be outstanding immediately after it becomes effective. The shares will continue trading under the symbol QNCX and will have a new CUSIP number, 22053A305. The Company has appointed its transfer agent, Equiniti Trust Company, LLC, to act as exchange agent for the Reverse Stock Split. Stockholders owning shares via a bank, broker or other nominee will have their positions automatically adjusted to reflect the Reverse Stock Split and will not be required to take further action in connection with the Reverse Stock Split, subject to brokers' particular processes. About Quince Therapeutics Quince Therapeutics Inc. is a South San Francisco, California, biotechnology company focused on rare diseases. Its AIDE drug/device platform uses an automated process to encapsulate a drug into a patient's own red blood cells. Its eDSP product candidate used the AIDE platform to deliver DSP for ataxia-telangiectasia, but the company said its Phase 3 NEAT trial did not meet its primary or key secondary endpoints and that it was preserving cash while evaluating strategic alternatives. In an audit report dated April 10, 2026, BDO USA, P.C. included a going-concern paragraph, citing recurring losses and negative cash flows from operations. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the company reported total assets of $26.62 million, total liabilities of $10.95 million and stockholders' equity of $15.67 million. RAD DIVERSIFIED: Court OKs Belle Property Sale at Auction --------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division, has granted RAD Diversified REIT Inc. and its affiliates, along with Applicable Debtor, DDH Fund LLC, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 11639 Belle Haven Dr Port Richey, FL 34654. The Debtor is the record title owner of the Property, which consists of a residential lot improved with a 3,564 square foot single family residence. The Debtor, through SoldNow, LLC dba Tranzon Driggers, is authorized to sell the Property pursuant to the procedures set forth in the Motion. The sale of the Property shall be free and clear of any and all claims, mortgages, liens, security interests, interests, encumbrances, judgments or obligations of any character whatsoever and whenever arising. All Encumbrances other than municipal liens, if any, after payment of the Surcharge Amount, shall attach to the proceeds of the sale of the Property with the same extent, validity, and priority as existed on the Petition Date. The Debtor shall file a report of the auction results within five business days after the date the auction of the Property is concluded and shall subsequently file a motion to approve the sale of the Property and determine disbursement of the proceeds from the auction of the Property. About RAD Diversified REIT Inc RAD Diversified REIT, Inc are a group of entities engaged in acquiring, managing, renovating, repositioning, and operating real estate, primarily single-family residential properties and vacant lots across Florida, Pennsylvania, Texas, and New Jersey, with certain affiliates holding other types of real estate. RAD Diversified OZ Fund, LP, a Delaware limited partnership, focuses on investments in Qualified Opportunity Zone properties, while RAD Diversified REIT, Inc., a Maryland corporation, is structured to qualify as a real estate investment trust under U.S. tax law. The Debtors sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Lead Case No. 26-01636) on March 1, 2026. In the petition signed by Katie S. Goodman, chief restructuring officer, the Debtor disclosed up to $100 million in both assets and liabilities. Judge Catherine Peek Mcewen oversees the case. Joseph Pack, Esq. and Jessey J. Krehl, Esq at PACK LAW, represents the Debtor as legal counsel. The Debtors tapped KAPILAMUKAMAL, LLP as forensic accountant, financial analyst and financial advisor, EPIQ CORPORATE RESTRUCTURING, LLC as noticing and claims agent, and GGG PARTNERS, LLC as operations advisor. RAD DIVERSIFIED: Court OKs Minnieola Property Sale at Auction ------------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division, has granted RAD Diversified REIT Inc. and its affiliates, along with Applicable Debtor DDH Fund LLC, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 11501 Minnieola Drive, New Port Richey, FL. The Debtor is the record title owner of the Property, which consists of a residential lot improved with a 1,816 square foot single family residence. The Debtor, through SoldNow, LLC dba Tranzon Driggers, is authorized to sell the Property pursuant to the procedures set forth in the Motion. The sale of the Property shall be free and clear of any and all claims, mortgages, liens, security interests, interests, encumbrances, judgments or obligations of any character whatsoever and whenever arising. All Encumbrances other than municipal liens, if any, after payment of the Surcharge Amount, shall attach to the proceeds of the sale of the Property with the same extent, validity, and priority as existed on the Petition Date. The Debtor shall file a report of the auction results within five business days after the date the auction of the Property is concluded and shall subsequently file a motion to approve the sale of the Property and determine disbursement of the proceeds from the auction of the Property. About RAD Diversified REIT Inc RAD Diversified REIT, Inc are a group of entities engaged in acquiring, managing, renovating, repositioning, and operating real estate, primarily single-family residential properties and vacant lots across Florida, Pennsylvania, Texas, and New Jersey, with certain affiliates holding other types of real estate. RAD Diversified OZ Fund, LP, a Delaware limited partnership, focuses on investments in Qualified Opportunity Zone properties, while RAD Diversified REIT, Inc., a Maryland corporation, is structured to qualify as a real estate investment trust under U.S. tax law. The Debtors sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Lead Case No. 26-01636) on March 1, 2026. In the petition signed by Katie S. Goodman, chief restructuring officer, the Debtor disclosed up to $100 million in both assets and liabilities. Judge Catherine Peek Mcewen oversees the case. Joseph Pack, Esq. and Jessey J. Krehl, Esq at PACK LAW, represents the Debtor as legal counsel. The Debtors tapped KAPILAMUKAMAL, LLP as forensic accountant, financial analyst and financial advisor, EPIQ CORPORATE RESTRUCTURING, LLC as noticing and claims agent, and GGG PARTNERS, LLC as operations advisor. RAD DIVERSIFIED: Court OKs Philadelphia Properties Sale at Auction ------------------------------------------------------------------ The U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division, has granted RAD Diversified REIT Inc. and its affiliates, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 5538 Linmore Avenue, Philadelphia, PA, 5540 Linmore Avenue, Philadelphia, PA, and 5544 Linmore Avenue, Philadelphia, PA. The Debtor is the record title owner of the Property. The Property consists of three separate parcels of real property in Philadelphia, Pennsylvania, each of which is improved with a single-family home. The Debtor, through SoldNow, LLC dba Tranzon Driggers, is authorized to sell the Property pursuant to the procedures set forth in the Motion. The sale of the Property shall be free and clear of any and all claims, mortgages, liens, security interests, interests, encumbrances, judgments or obligations of any character whatsoever and whenever arising. All Encumbrances other than municipal liens, if any, after payment of the Surcharge Amount, shall attach to the proceeds of the sale of the Property with the same extent, validity, and priority as existed on the Petition Date. The Debtor shall file a report of the auction results within five business days after the date the auction of the Property is concluded and shall subsequently file a motion to approve the sale of the Property and determine disbursement of the proceeds from the auction of the Property. About RAD Diversified REIT Inc RAD Diversified REIT, Inc are a group of entities engaged in acquiring, managing, renovating, repositioning, and operating real estate, primarily single-family residential properties and vacant lots across Florida, Pennsylvania, Texas, and New Jersey, with certain affiliates holding other types of real estate. RAD Diversified OZ Fund, LP, a Delaware limited partnership, focuses on investments in Qualified Opportunity Zone properties, while RAD Diversified REIT, Inc., a Maryland corporation, is structured to qualify as a real estate investment trust under U.S. tax law. The Debtors sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Lead Case No. 26-01636) on March 1, 2026. In the petition signed by Katie S. Goodman, chief restructuring officer, the Debtor disclosed up to $100 million in both assets and liabilities. Judge Catherine Peek Mcewen oversees the case. Joseph Pack, Esq. and Jessey J. Krehl, Esq at PACK LAW, represents the Debtor as legal counsel. The Debtors tapped KAPILAMUKAMAL, LLP as forensic accountant, financial analyst and financial advisor, EPIQ CORPORATE RESTRUCTURING, LLC as noticing and claims agent, and GGG PARTNERS, LLC as operations advisor. RUTHERFORD ENTERPRISES: To Sell Resto Assets to Authentic Italian ----------------------------------------------------------------- Rutherford Enterprises 1, LLC, seeks approval from the U.S. Bankruptcy Court for the Northern District of Florida, Tallahassee Division, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor has owned and operated a pizza restaurant known as Marcos Pizza located at 14949 U.S. Highway 19 South, Suite C, Thomasville, GA 31792. The Debtor's assets primarily consist of kitchen equipment, food items, chairs, and tables. The Debtor is not selling its cash. The Debtor has no accounts receivable. Due to cash flow issues and also various disputes that have arisen between the Debtor and its franchisor, the Debtor is now seeking approval of the instant sale to the Purchaser. The Debtor sought to sell its assets for more than $200,000.00. However, Debtor's franchisor (Marcos Pizza) declined to approve that particular potential buyer. Purchaser, Authentic Italian Pizza of Georgia, LLC, has offered to purchase the Debtor's business for $75,000.00 and both parties have executed an Asset Purchase Agreement. The Debtor proposes that any such liens, security interests, claims, charges, and/or encumbrances, other than liabilities expressly assumed by the Purchaser (if any), shall attach to the amounts payable to the Debtor from the sale. The Debtor also requests that the Court finds that Authentic Italian Pizza of Georgia, LLC constitutes a good faith purchaser of the Assets. The sale as contemplated is the product of good faith, arm's-length negotiation between the Debtor and Authentic Italian Pizza of Georgia, LLC and is on commercially reasonable terms. About Rutherford Enterprises 1 LLC Rutherford Enterprises 1, LLC, a company in Tallahassee, Fla., filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Fla. Case No. 23-40217) on June 16, 2023, with $100,000 to $500,000 in assets and $1 million to $10 million in liabilities. Charles M Rutherford, Sr., manager, signed the petition. Judge Karen K. Specie oversees the case. Byron W. Wright III, Esq., at Bruner Wright, PA is the Debtor's legal counsel. SALON VOSS: Seeks Chapter 11 Bankruptcy in Virginia --------------------------------------------------- On June 25, 2026, Salon Voss, Inc. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of Virginia. According to the court filing, the Debtor reports between $500,000 and $1 million in debt owed to 1–49 creditors. A meeting of creditors under Section 341(a) to be held on July 27, 2026 at 10:00 AM at Richmond Division (11): Office of the US Trustee telephonic: 1(888) 330-1716, Access Code: 3814760. About Salon Voss, Inc. Salon Voss, Inc. is a Fredericksburg, Virginia-based beauty salon and spa services provider offering hair care, skincare, and other personal wellness treatments. Salon Voss, Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. not provided) on June 25, 2026. In its petition, the Debtor reports estimated assets of $0 to $50,000 and estimated liabilities of $500,000 to $1 million. The Debtor is represented by Graham Thornton Jennings, Jr., Esq. of Graham T. Jennings, Jr., P.C. Peter J. Barrett serves as Subchapter V Truste. SAN FRANCISCO ARCHDIOCESE: Settles Abuse Claims for $395MM ---------------------------------------------------------- Alex Wittenberg of Law360 Bankruptcy Authority reports that the bankrupt Archdiocese of San Francisco has reached a $395 million settlement in principle with survivors of clergy sexual abuse, paving the way to resolve more than 500 lawsuits through its Chapter 11 proceedings. The agreement follows extensive negotiations among the archdiocese, abuse claimants and other bankruptcy stakeholders. Under the proposed settlement, funds will be placed into a trust that will compensate survivors once the archdiocese's reorganization plan receives court approval. The parties described the agreement as a significant step toward concluding one of the largest diocesan bankruptcy cases stemming from clergy abuse allegations. The archdiocese entered Chapter 11 after California law temporarily revived expired sexual abuse claims, leading to hundreds of lawsuits. Final approval of the settlement will depend on the execution of definitive agreements, creditor voting and confirmation by the bankruptcy court, Law360 reports. About The Roman Catholic Archbishop of San Francisco The Roman Catholic Archbishop of San Francisco, Archdiocese of San Francisco, is a tax-exempt religious organization. The Archdiocese of San Francisco is a Latin Church ecclesiastical territory or diocese of the Catholic Church in the northern California region of the United States. The Archdiocese of San Francisco was erected on July 29, 1853, by Pope Pius IX, and its cathedral is the Cathedral of Saint Mary of the Assumption. The Archdiocese sought relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 23-30564) on Aug. 21, 2023. In the petition filed by Fr. Patrick Summerhays as vicar general and moderator of the Curia, the Archdiocese reported $100 million to $500 million in assets and liabilities. The Hon. Dennis Montali oversees the case. The Debtor tapped Feldserstein Fitzgerald Willoughby as counsel. Counsel for Certain Personal Injury Creditors are Michael G. Finnegan, Esq., Jennifer E. Stein, Esq., and Parker P. Estenson, Esq. of JEFF ANDERSON & ASSOCIATES, P.A. SANGAMO THERAPEUTICS: Enters Deal w/ Eli Lilly to Buy Assets ------------------------------------------------------------ Paul, Weiss is acting as counsel to Eli Lilly and Company in its proposed acquisition of certain Sangamo Therapeutics Inc. assets through a Section 363 sale conducted during Sangamo's voluntary Chapter 11 bankruptcy case. Lilly has been designated the stalking horse bidder for the transaction. The proposed purchase includes Sangamo's capsid delivery platform, zinc finger platform, modular integrase platform, and prion disease program. The acquisition remains subject to customary closing conditions and could be superseded if another bidder submits a higher offer during the Chapter 11 proceedings, the report states. About Sangamo Therapeutics Inc. Sangamo Therapeutics Inc. is a biotechnology firm specializing in genome engineering and gene therapy research. It is best known for its zinc finger nuclease platform, which is designed to modify genes to treat inherited and rare diseases. Sangamo Therapeutics Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Case No. 26-10989) on June 23, 2026. In its petition, the Debtor reports estimated assets and liabilities between $100 million and $500 million. Honorable Bankruptcy Judge Craig T. Goldblatt handles the case. The Debtor is represented by Kristin Cunningham, Esq. of Richards, Layton & Finger. SCILEX HOLDING: All Three Key Proposals Approved at Annual Meeting ------------------------------------------------------------------ Scilex Holding Company has announced the results of its Annual Meeting of Stockholders. At the Meeting, a total of: (i) 29,057,097 shares of the Company's Series A preferred stock, $0.0001 par value per share, or 100% of the 29,057,097 shares of Series A Preferred Stock, issued and outstanding, and (ii) 5,389,081 shares of the Company's common stock, $0.0001 par value per share, or approximately 63.5% of the 8,491,267 shares of Common Stock, issued and outstanding, both as of the close of business on April 28, 2026, the record date for the Meeting, were represented virtually or by proxy. The holder of Series A Preferred Stock was entitled to vote, together with the holders of Common Stock and not separately as a class, on an as converted to Common Stock basis for an aggregate of 848,106 votes as a result of the adjustments to the deemed conversion price of such preferred stock in accordance with the Certificate of Designations of Series A Preferred Stock, filed with the Delaware Secretary of State on November 10, 2022. At the Meeting, the Company's stockholders considered three proposals, each of which is described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 30, 2026. Set forth is a brief description of each proposal voted upon at the Meeting and the voting results with respect to each proposal. Proposal No. 1: To elect the following nominee as a Class I director to serve until the Company's 2029 Annual Meeting of Stockholders. 1. Dorman Followwill * For: 3,945,473 * Withhold: 410,969 * Broker Non-Votes: 1,880,745 Proposal No. 2: To ratify the appointment of BPM LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2026. * For: 5,956,622 * Against: 207,998 * Abstentions: 72,567 Proposal No. 3: To approve the amendment to the Company's 2022 Equity Incentive Plan (as amended) to: (i) increase the number of shares authorized for issuance thereunder by 1,300,000 shares to 2,765,789 shares and (ii) increase the number of shares authorized for issuance thereunder pursuant to the exercise of ISOs to 2,765,789 shares. * For: 3,337,435 * Against: 1,009,991 * Abstentions: 9,016 * Broker Non-Votes: 1,880,745 About Scilex Holding Company Palo Alto, Calif.-based Scilex Holding Company -- www.scilexholding.com -- is an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain and, following the formation of its proposed joint venture with IPMC Company, neurodegenerative and cardiometabolic disease. Scilex targets indications with high unmet needs and large market opportunities with non-opioid therapies for the treatment of patients with acute and chronic pain, and is dedicated to advancing and improving patient outcomes. Scilex's commercial products include: (i) ZTlido (lidocaine topical system) 1.8%, a prescription lidocaine topical product approved by the U.S. Food and Drug Administration for the relief of neuropathic pain associated with postherpetic neuralgia, which is a form of post-shingles nerve pain; (ii) ELYXYB, a potential first-line treatment and the only FDA-approved, ready-to-use oral solution for the acute treatment of migraine, with or without aura, in adults; and (iii) Gloperba, the first and only liquid oral version of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults. Walnut Creek, California-based BPM LLP, the Company's auditor since 2024, issued a "going concern" qualification in its report dated April 10, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, citing that the Company has suffered recurring losses from operations and has a net capital deficiency that raise substantial doubt about its ability to continue as a going concern. As of March 31, 2026, the Company had $293.6 million in total assets, $547.7 million in total liabilities, and $254.1 million in total stockholders' deficit. SELECTIS HEALTH: Inks Merger Deal With Black Pearl Equities ----------------------------------------------------------- Selectis Health, Inc. announced in a regulatory filing that it entered into an Agreement and Plan of Merger with Black Pearl Equities II, LLC, a New York limited liability company ("Purchaser"), and Tortuga Acquisition Sub, Inc., a Utah corporation and a wholly owned subsidiary of Purchaser ("Merger Sub"), pursuant to which, among other things, Black Pearl Equities II has agreed to cause Merger Sub to make a cash tender offer to purchase any and all of the outstanding shares of the Company's common stock, par value $0.05 per share, at a purchase price of $5.75 per Share in cash. Black Pearl Equities, LLC, a New York limited liability company, is the sole member of Purchaser. Merger Sub's obligation to accept for payment and pay for Shares pursuant to the Offer is subject to various conditions, including: (a) a nonwaivable condition that there be validly tendered and not withdrawn prior to the expiration of the Offer that number of Shares that, when added to the Shares, if any, already owned by Parent and its subsidiaries, would represent at least seventy percent (70%) of all then outstanding Shares, (b) Shares held by stockholders that have properly exercised appraisal rights under Utah law shall not have exceeded fifteen percent (15%) of the Shares outstanding immediately prior to the Acceptance Time (as defined in the Merger Agreement), (c) the Company shall have demonstrated to the reasonable satisfaction of Purchaser that the aggregate unrestricted cash held by the Company and its subsidiaries is at least $6,800,000 (excluding amounts held in escrow, which amounts held in escrow shall not be less than $2,880,000), (d) the Company shall have demonstrated to the reasonable satisfaction of Purchaser that the Company and its subsidiaries have good, valid and marketable fee simple title to all of their owned real property, free and clear of all liens other than specified permitted encumbrances, (e) the Required OK Approvals (as defined in the Merger Agreement) shall have been obtained, and (f) other customary conditions. There is no financing condition to the obligations to consummate the Offer. The Merger Agreement further provides that upon the terms and subject to the conditions set forth therein, following completion of the Offer, Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and as a wholly owned subsidiary of Purchaser. Pursuant to the terms of the Merger Agreement, the Company has granted to Merger Sub an irrevocable option to purchase up to that number of newly-issued Shares that, when added to the number of Shares held by Purchaser and its affiliates, would constitute one Share more than ninety percent (90%) of the total outstanding Shares. Accordingly, the Merger will be governed by Section 16-10a-1104 of the Utah Revised Business Corporation Act, with no vote of the Company's stockholders required to consummate the Merger. In the Merger, each outstanding Share (other than Shares held by the Company or any of its subsidiaries, Purchaser or Merger Sub or held by stockholders who are entitled to demand, and who properly demand, appraisal rights under Utah law), will be converted into the right to receive cash in an amount equal to the Offer Price, without interest. The board of directors of the Company has unanimously: (a) determined and declared that the Merger Agreement and the transactions contemplated by the Merger Agreement (including the Offer and the Merger) are, on the terms and subject to the conditions set forth in the Merger Agreement, advisable and in the best interests of and are fair to the Company and its stockholders, (b) approved, adopted and authorized in all respects the Merger Agreement and the transactions contemplated by the Merger Agreement (including the Offer and the Merger), (c) recommended that the stockholders of the Company accept the Offer and tender their Shares pursuant to the Offer, and (d) resolved that the Merger shall be effected under Section 16-10a-1104 of the Utah Code and that the Merger shall be consummated as soon as practicable following the acceptance of Shares for payment pursuant to the Offer. The Merger Agreement includes customary representations, warranties and covenants of the Company, Purchaser and Merger Sub, including, among other things, a covenant of the Company not to solicit alternative transactions or to provide information or enter into discussions in connection with alternative transactions, subject to certain exceptions to allow the Company Board to exercise its fiduciary duties. The Merger Agreement may be terminated under certain circumstances, including in connection with superior proposals as set forth therein. If the Company terminates the Merger Agreement to enter into an agreement for a superior proposal and in other specified circumstances, the Company would be required to pay Purchaser a $400,000 termination fee. If Purchaser fails to consummate the transaction under specified circumstances in which it is required to do so, then Purchaser would be required to pay to the Company a $400,000 termination fee. Quote "This transaction delivers immediate, certain cash value to our stockholders at a meaningful premium, and reflects the dedication of our team and the strength of our portfolio," said Krystal Echart, interim CEO and CFO of Selectis. "We believe partnering with Black Pearl positions Selectis for its next chapter of growth while ensuring continuity of the high-quality care our residents depend on." "From the outset, our approach to Selectis has been guided by a genuine regard for the company, its people, and its work," said Abraham Schwartz, Chief Executive Officer and President of Black Pearl. "We are grateful to the Selectis Board for its collaboration in reaching this agreement and look forward to completing the transaction." Advisors Pearson Butler, LLC is acting as legal counsel to Selectis in connection with the transaction. Olshan Frome Wolosky LLP is acting as legal counsel to Black Pearl. The Merger Agreement and the above description have been included to provide investors and security holders with information regarding the terms of the Merger Agreement. They are not intended to provide any other factual information about the Company, Parent, Purchaser, Merger Sub or their respective subsidiaries or affiliates or stockholders. The representations, warranties and covenants contained in the Merger Agreement were made only for purposes of the Merger Agreement and as of specific dates; were solely for the benefit of the parties to the Merger Agreement; and may be subject to limitations agreed upon by the parties, including being qualified by confidential disclosures made by each contracting party to the other for the purposes of allocating contractual risk between them that differ from those applicable to investors. Investors should not rely on the representations, warranties and covenants or any description thereof as characterizations of the actual state of facts or condition of the Company, Parent, Purchaser, Merger Sub or any of their respective subsidiaries, affiliates, businesses or stockholders. Moreover, information concerning the subject matter of the representations, warranties and covenants may change after the date of the Merger Agreement, which subsequent information may or may not be fully reflected in public disclosures by the Company or Parent. Accordingly, investors should read the representations and warranties in the Merger Agreement not in isolation but only in conjunction with the other information about the Company or Parent and their respective subsidiaries that the respective companies include in reports, statements and other filings they make with the Securities and Exchange Commission. Tender Agreement Concurrently with the execution of the Merger Agreement, Purchaser entered into a Tender and Support Agreement with certain stockholders of the Company, pursuant to which the Supporting Stockholders agreed to promptly tender, and not withdraw, their Shares into the Offer. The Offer has not yet commenced. Additional Information and Where to Find It Full text copies of the Merger Agreement and Tender Agreement are available at https://tinyurl.com/zycc2e5y and https://tinyurl.com/y9fzrchn, respectively. About Selectis Health Headquartered in Greenwood Village, Colo., Selectis Health, Inc. owns and operates, through wholly-owned subsidiaries, Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities across the South and Southeastern portions of the US. In 2019, the Company shifted from leasing long-term care facilities to third-party, independent operators towards an owner operator model. New York, NY-based WithumSmith+Brown, PC, the Company's auditor since 2024, issued a "going concern" qualification in its report dated April 15, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, citing that the Company has a significant working capital deficiency, has incurred significant losses from operations, has accumulated deficits 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. As of March 31, 2026, the Company had $30 million in total assets, $29.8 million in total liabilities, and $258,344 in total stockholders' equity. SILICON VALLEY: Former Exec Faces FDIC Trial -------------------------------------------- Dorothy Atkins of Law360 Bankruptcy Authority reports that the former chief financial officer of Silicon Valley Bank took the witness stand Monday, June 29, 2026, as a California federal judge began hearing the FDIC's case accusing the failed lender's leadership of mismanaging the bank's balance sheet. During his testimony, the executive acknowledged that SVB operated with "excessive risks" under the bank's own policies in the months leading up to its collapse. The FDIC alleges former officers and directors failed to properly manage interest rate exposure and liquidity despite repeated internal warnings, allowing the bank's financial position to deteriorate as interest rates climbed. Defense attorneys argue management made reasonable business judgments under unprecedented market conditions and deny any breach of duty, the report cites. The lawsuit seeks billions of dollars in damages from former executives over the bank's failure, which triggered widespread concern across the U.S. banking sector in 2023. The trial will focus on whether the defendants' decisions amounted to negligence and materially contributed to the collapse of Silicon Valley Bank, Law360 reports. About Silicon Valley Bank Silicon Valley Bank was the nation's 16th largest bank and the biggest to fail since the 2008 financial meltdown. During the week of March 6, 2023, Silicon Valley Bank, Santa Clara, CA, experienced a severe "run-on-the-bank." On the morning of March 10, 2023, the California Department of Financial Protection and Innovation seized SVB and placed it under the receivership of the Federal Deposit Insurance Corporation (FDIC). The FDIC on March 13, 2023, disclosed that it transferred all deposits -- both insured and uninsured -- and substantially all assets of the former Silicon Valley Bank of Santa Clara, California, to a newly created, full-service FDIC-operated "bridge bank" in an action designed to protect all depositors of Silicon Valley Bank. SVB Financial Group is a financial services company focusing on the innovation economy, offering financial products and services to clients across the United States and in key international markets. Prior to March 10, 2023, SVB Financial Group owned and operated Silicon Valley Bank, a state-chartered bank. On March 17, 2023, SVB Financial Group sought Chapter 11 bankruptcy protection (Bankr. S.D.N.Y. Case No. 23-10367). The Hon. Martin Glenn is the bankruptcy judge. The Debtor had assets of $19,679,000,000 and liabilities of $3,675,000,000 as of Dec. 31, 2022. Centerview Partners LLC is proposed financial advisor, Sullivan & Cromwell LLP proposed legal counsel and Alvarez & Marsal proposed restructuring advisor to SVB Financial Group as debtor-in-possession. Kroll is the claims agent. On June 13, 2023, a collective of depositors of the Silicon Valley Bank (Cayman Islands Branch) filed a petition with the Court seeking an order that SVB Cayman be wound up and liquidators be appointed under the provisions of the Companies Act (2023 Revision) on the grounds that the Company is insolvent. On June 29, 2023, the Grand Court of the Cayman Islands appointed Andrew Childe and Michael Pearson of FFP limited in the Cayman Islands and Niall Ledwidge from Stout in New York, United States as Joint Official Liquidators of SVB Cayman. Liquidators of Silicon Valley Bank (Cayman Islands) filed a Chapter 15 bankruptcy petition (Bankr. S.D.N.Y. Case No. 24-10076) on Jan. 18, 2024. The Liquidators' counsel in the U.S. case is Warren E. Gluck, Esq. at Holland & Knight LLP. SIMAD HOLDINGS: Brown Rudnick, Norton and Steptoe Advise Bidders ---------------------------------------------------------------- In the Chapter 11 bankruptcy cases of SIMAD Holdings Ltd. and its debtor-affiliates, Brown Rudnick LLP, Norton Rose Fulbright US LLP, and Steptoe LLP filed with the United States Bankruptcy Court for the District of New Jersey a Verified Statement pursuant to Bankruptcy Rule 2019 to inform the Court that the firms represent the Operators Bid Group bidding for assets of the Debtors in these Chapter 11 Cases. According to the Operators Bid Group's Verified Statement: 1. Each member of the Operators Bid Group operates a camp owned, in whole or in part, by one or more Debtors. Each member is an experienced camp operator, with deep institutional knowledge and a longstanding commitment to their camp, having dedicated their professional life to building, managing, and preserving the camp. Each member has 20 or more years of camp-leadership experience. The members, combined, have contributed more than 150 years of “sweat equity” to their respective camps. 2. The Operators Bid Group exists because the members seek to acquire their respective camps. The members are uniquely positioned to preserve the value of the Target Camps because of their reputations and abilities, derived from decades of service and longstanding relationships with families, staff, alumni, and camp communities. 3. On June 23, 2026, the Operators Bid Group transmitted to the Debtors' professionals an indication of interest for a proposed joint stalking horse bid for the purchase of the Target Camps. The Joint Bid, which is currently under confidential professional review and negotiation, is the instrument authorizing the Operators Bid Group to act as such via Counsel. 4. In sum: the members of the Operators Bid Group are the faces of these Target Camps. No one is better suited to own and operate the Target Camps than these individuals; nor is any bidder (to their knowledge) prepared to diligence, bid, and close on the purchase of the Target Camps for a comparable price within the timespan required to foster confidence within their respective camp communities that high-quality, memorable, and safe experiences will be provided to their children without interruption. 5. As of the date of this Statement, Counsel represents only the Operators Bid Group and/or a member thereof in their capacity as bidder(s) and does not represent, or purport to represent, any other entity in connection with the Debtors' Chapter 11 Cases or any member of the Operators Bid Group in its capacity as an employee or contractor of the Debtors in the operation of any camps. Counsel does not represent the Operators Bid Group as a "committee" and does not undertake to represent the interests of, and is not a fiduciary for, any creditor, party in interest, or entity other than the Operators Bid Group and/or members thereof. The Operators Bid Group does not represent or purport to represent any other entities in connection with the Debtors' Chapter 11 Cases. 6. Upon information and belief formed after due inquiry, Counsel does not hold any claim against, or interests in, the Debtors or their estates. 7. Counsel submits this Statement out of an abundance of caution, and nothing should be construed as an admission that the requirements of Bankruptcy Rule 2019 apply to Counsel's representation of the Operators Bid Group. 8. Nothing contained in this Statement (or the exhibit) should be construed as: A. a limitation upon, or waiver of, any rights of any member or affiliate of any member of the Operators Bid Group to assert, file, and/or amend any claim or proof of claim filed in accordance with applicable law and any orders entered in these Chapter 11 Cases, or B. an admission with respect to any fact or legal theory. 9. Counsel reserves the right to amend this Statement as necessary in accordance with the requirements outlined in Bankruptcy Rule 2019. The names, addresses, nature of economic interest, and amount of disclosable economic interests in relation to the Debtors for each member of the Operators Bid Group, are: 1. Adam T. Wallach Target Camp Mohawk Day Camp and Mohawk Country Day School 200 Old Tarrytown Rd. White Plains, NY 10603 Years of Service to Target Camp - 11 (25 years' camp leadership experience) Other Disclosable Economic Interests Each member has or may have claims (in currently unliquidated amounts) against or interests in one or more Debtor arising from, or otherwise in connection with their role as camp operator. 2. David Schreiber and Gayle Schreiber Target Camp Club Getaway 59 S Kent Rd. Kent, CT 06757 Years of Service to Target Camp - 15 (25 years' camp leadership experience) 3. Craig Odiorne and Monica Odiorne Target Camp Island Lake Camp 50 Island Lake Rd. Starrucca, PA 18462 Years of Service to Target Camp - 5.5 (23 years' camp leadership experience) 4. Ronen Gabbay and Dana Gabbay Target Camp Camp Lokanda 432 Haring Rd. Glen Spey, NY 12737 Years of Service to Target Camp - 19 5. Jon Grabow and Elissa Grabow Target Camp Camp Chen-a-Wanda 355 Camp Rd. Thompson, PA 18465 Years of Service to Target Camp - 20 6. Billy Breitner Target Camp Rolling Hills Country Day Camp 14 Dittmar Dr. Freehold, NJ 07728 Years of Service to Target Camp - 30 7. Jeff Grabow and Cindy Grabow Target Camp Camp Echo 210 Echo Rd. Bloomingburg, NY 12721 Years of Service to Target Camp - 19 8. Wendy Saiff and Steve Weissman Target Camp Willow Lake Day Camp 200 NJ-181 Lake Hopatcong, NJ 07849 Years of Service to Target Camp - 31 9. David Willner and Joseph Wilner Target Camp Camp Achim 60 Pleasant Acres Rd. Catskill, NY 12414 Years of Service to Target Camp - 26 About SIMAD Holdings Ltd. SIMAD owns and operates a portfolio of 30-day and sleepaway summer camps located primarily in the eastern United States, including New Jersey, New York, Maine, and Pennsylvania. Operating in the summer camp sector since 2006, the company's camps generally run from June through August and enroll approximately 20,500 children annually. SIMAD's camps offer programs across sports, academics, arts, technology, and religion, with each camp separately branded and independently operated through its own management, staff, accounting, and operational infrastructure. SIMAD Holdings Ltd sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 26-16388) on June 4, 2026. In their petitions, the Debtors reported estimated assets of $100 million to $500 million and estimated liabilities of $500 million to $1 billion. The petitions were signed by Assaf Ravid as chief restructuring officer. The Debtors' Restructuring & Bankruptcy Counsel is Cole Schotz P.C. Their financial advisor and investment banker is B. Riley Securities, Inc. The Debtors' claims and noticing agent is Kroll Restructuring Administration LLC. Counsel to the Operators Bid Group: Bennett S. Silverberg, Esq. BROWN RUDNICK, LLP 7 Times Square New York, NY 10036 Tel: (212) 219-4800 E-mail: bsilverberg@brownrudnick.com - and - Tristan Axelrod, Esq. BROWN RUDNICK, LLP One Financial Center Boston, MA 02111 Tel : (617) 856-8300 E-mail: taxelrod@brownrudnick.com - and - Robert M. Hirsh, Esq. James A. Copeland, Esq. NORTON ROSE FULBRIGHT US LLP 1301 Avenue of the Americas New York, NY 10019 Tel: (212) 318-3000 E-mail: robert.hirsh@nortonrosefulbright.com james.copeland@nortonrosefulbright.com - and - Timothy W. Walsh, Esq. STEPTOE LLP 1114 Avenue of the Americas New York, NY 10036 Tel: (212) 506-3900 E-mail: twwalsh@steptoe.com SIMAD HOLDINGS: Secures Court OK for Chap. 11 Funding, Speedy Sale ------------------------------------------------------------------ Hilary Russ of Law360 Bankruptcy Authority reports that a U.S. bankruptcy judge has cleared SIMAD Holdings Ltd. to launch an accelerated sale of its portfolio of summer camps, allowing the Chapter 11 debtor to begin soliciting bids with a July 17, 2026 deadline. The decision overruled strong objections from parties that contended the proposed schedule was overly compressed and could reduce the value realized from the assets. SIMAD, which owns and operates dozens of summer camps throughout the United States, argued that an expedited process is necessary because the camps are currently in operation and their value depends on maintaining uninterrupted seasonal activities. If multiple qualified bids are submitted, the company plans to conduct an auction before seeking court approval of the winning offer, the report relays. The court also granted the debtor access to financing that will help sustain payroll, vendor payments and other operating expenses during the Chapter 11 case. SIMAD filed for bankruptcy earlier this year after facing significant financial distress, but has continued operating its camps while pursuing a sale of its business, according to Law360. About SIMAD Holdings LLC SIMAD Holdings LLC company operates a portfolio of camp and recreational facilities that provide seasonal educational and outdoor experiences for children and young adults. SIMAD Holdings sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 26-16515) on June 4, 2026. In its petition, the Debtor reports estimated assets between $100 million and $500 million and estimated liabilities between $500 million and $1 billion. Honorable Bankruptcy Judge Christine M. Gravelle handles the case. The Debtor is represented by Michael D. Sirota, Esq. of Cole Schotz P.C. SIMPLY INTERIOR: Court Sets July 27 Bid Submission Deadline ----------------------------------------------------------- On June 8, 2026, Simply Interior Homes, LLC and its debtor affiliates (the "Debtors") filed with the United States Bankruptcy Court for the District of Delaware (the "Court") a motion (the "Motion") seeking entry of (a) an order (the "Bidding Procedures Order") (i) approving bidding procedures (the "Bidding Procedures") to be used in connection with the sale (each, a "Sale") of all, substantially all, or a portion of the Debtors' assets (the "Assets"); (ii) authorizing the Debtors to designate a Stalking Horse Bidder and provide Bid Protections in accordance with the Stalking Horse Designation Procedures; (iii) scheduling (A) an auction of the Assets (the "Auction") on and (B) a final hearing to consider approval of the proposed Sale (the "Sale Hearing"); (iv) approving the form and manner of notice of the Bidding Procedures, the Auction and the Sale Hearing; (v) approving procedures for the assumption and assignment of executory contracts and unexpired leases (collectively, the "Contracts") in connection with the Sale; (vi) approving the form and manner of notice to each relevant non-debtor counterparty to a Contract of the Debtors' calculation of the amount necessary to cure any defaults under an applicable Contract and certain other information regarding the potential assumption and assignment of Contracts in connection with a Sale; and (vii) granting related relief; and (b) an order (the "Sale Order") (i) authorizing the sale of the Assets free and clear of all liens, claims, interests and encumbrances, except certain permitted encumbrances as determined by the Debtors and any Successful Bidder (as defined in Section VII.C.1 of the Bidding Procedures), with, subject to paragraph 23 (the challenge period) of the DIP Order, the DIP Liens, Adequate Protection Liens, Prepetition Liens and Permitted Prior Liens (if any) to attach to the proceeds of the Sale; (ii) authorizing the assumption and assignment of certain Contracts in connection with approved Sale; and (iii) granting related relief. On June 23, 2026, the Court entered the Bidding Procedures Order. ASSETS FOR SALE The Debtors intend to sell all, substantially all, or a portion of their Assets. A Prospective Bidder (as defined in Section III of the Bidding Procedures) may bid on the Assets, subject to the conditions set forth herein. The ability to undertake and consummate a sale of the Assets shall be subject to competitive bidding, as set forth herein, and approval by the Court. In addition to any Stalking Horse Bid (as defined in the Motion), and as set forth herein, the Debtors will consider bids for the Assets from other parties. Any party interested in submitting a bid for any of the Debtors' Assets should contact the Debtors' sales agent: Rock Creek Advisors, LLC James Gansman (jgansman@rockcreekfa.com) Brian Ayers (bayers@rockcreekfa.com) Timothy Peach (tpeach@rockcreekfa.com) KEY DATES AND DEADLINES A. Bid Deadline Any Prospective Bidder that intends to participate in the Auction must submit in writing to the Bid Notice Parties a Qualified Bid (as defined in Section VI.A of the Bidding Procedures) on or before July 27, 2026, at 4:00 p.m. (prevailing Eastern Time) (the "Bid Deadline"). The Qualified Bid requirements are set forth in Sections VI.A of the Bidding Procedures. B. Auction If the Debtors receive more than one Qualified Bid (including a combination of bids that, when considered together, constitute a Qualified Bid) for the Assets, the Debtors will conduct an Auction for the Assets. If any Stalking Horse Bid is the only Qualified Bid received in respect of the Assets subject to such Stalking Horse Bid, the Debtors will not conduct an Auction for such applicable Assets and will seek approval of such Stalking Horse Bid at the Sale Hearing. The Auction, if required, will be conducted on July 30, 2026, at 10:00 a.m. (prevailing Eastern Time), either (i) at the offices of Goodwin Procter LLP, The New York Times Building, 620 8th Avenue, New York, NY 10018, or (ii) virtually or at such other date, time or location as designated by the Debtors. If the Debtors conduct the Auction virtually, the Debtors will provide instructions setting forth how to attend the Auction to the participants and other attendees via electronic mail. The Debtors will provide notice (via electronic mail or otherwise) of any change in the date, time or location of the Auction to Qualified Bidders, and will cause publication of such change to occur on the website maintained by Epiq Corporate Restructuring, LLC, the Debtors' claims and noticing agent in these Chapter 11 Cases, located at https://dm.epiq11.com/SimplyInterior (the "Epiq Website"). One day after the conclusion of the Auction, the Debtors will file with the Court, serve on parties in interest and cause to be published on the Epiq Website, a notice of the results of the Auction, which will, among other things, (A) identify the Successful Bidder and Backup Bidder(s); (B) either include a copy of the Successful Bid and the Backup Bid or a summary of the material terms of such bids, including any assumption and assignment of Contracts contemplated thereby, or provide instructions for accessing the Successful Bid and the Backup Bid free of charge from the Epiq Website; and (C) set forth the date, time, and location of the Sale Hearing and any other relevant dates or other information necessary to reasonably apprise the Sale Notice Parties of the outcome of the Auction. If the Debtors determine not to hold an Auction for some or all of the Assets, the Debtors shall file with the Court, serve on parties in interest, and cause to be published on the Epiq Website, a notice containing the following information (as applicable): (a) a statement that the Auction for the relevant Assets has been canceled; (b) the identity of the Successful Bidder; (c) either include a copy of the Successful Bid or a summary of the material terms of such bid, including any assumption and assignment of Contracts contemplated thereby, or provide instructions for accessing the Successful Bid free of charge from the Epiq Website; and (d) the date, time, and location of the Sale Hearing. C. Objection Deadlines 1. Sale Objection Deadline. Except objections to the conduct of the Auction, the Successful Bidder or the Backup Bidder, all objections to a sale of the Assets, including (a) any objection to a sale of the Assets free and clear of all liens, claims, interests and encumbrances pursuant to section 363(f) of the Bankruptcy Code and (b) entry of any Sale Order must be (i) in writing and state, with specificity, the legal and factual bases thereof and include any appropriate documentation in support thereof; and (ii) filed with the Court by no later than July 20, 2026, at 4:00 p.m. (prevailing Eastern Time) and served on the following parties (collectively, the "Objection Notice Parties"). * Counsel for the Debtors: (i) Goodwin Procter LLP, 620 Eighth Ave., New York, NY 10018 (Attn: Kizzy L. Jarashow (kjarashow@goodwinlaw.com) and Barry Z. Bazian (bbazian@goodwinlaw.com)) and (ii) Potter Anderson & Corroon LLP, 1313 North Market Street, 6th Floor, Wilmington, Delaware 19801 (Attn: L. Katherine Good (kgood@potteranderson.com) and Brett M. Haywood (bhaywood@potteranderson.com)); * counsel to the DIP Secured Parties and the Prepetition Secured Parties: (i) Paul Hastings, LLP 200 Park Avenue, New York, NY 10166 (Attn: Roger Schwartz (rogerschwartz@paulhastings.com), Peter Montoni (petermontoni@paulhastings.com), William Reily (williamreily@paulhastings.com), and Alison Sikes (alisonsikes@paulhastings.com)); (ii) Parker, Hudson, Rainer & Dobbs LLP, 303 Peachtree Street NE, Suite 3600, Atlanta, Georgia 30308 (Attn: Harris Winsberg (hwinsberg@phrd.com)); (iii) Young Conaway Stargatt & Taylor, LLP 1000 North King Street, Wilmington, DE 19801 (Attn: Joseph Barry (jbarry@ycst.com) and Joseph Mulvihill (jmulvihill@ycst.com)); * counsel for the Creditors' Committee: Lowenstein Sandler LLP (a) 1251 Avenue of the Americas, 17th Floor, New York, NY 10020 (Attn: Jeffrey L. Cohen (jcohen@lowenstein.com), Gianfranco Finizio (gfinizio@lowenstein.com), and Eric Seltzer (eseltzer@lowenstein.com); and (b) 1000 N. West Street, Suite 1200, Wilmington, DE 19801 (Attn: Shanti M. Katona (skatona@lowenstein.com) and Michael V. DiPietro (mdipietro@lowenstein.com); * Office of the United States Trustee, J. Caleb Boggs Federal Building, 844 King Street, Suite 2207, Lockbox 35, Wilmington, DE 19801 (Attn: Ben Hackman (Benjamin.a.hackman@usdoj.gov)); * if applicable, counsel for any Stalking Horse Bidder or relevant Successful Bidder; and * if applicable, counsel for any relevant Backup Bidder(s). 2. Supplemental Sale Objection Deadline. Following service of the Notice of Auction Results, parties may object solely with respect to the particular terms of a proposed Sale or the Successful Bid. Any Supplemental Sale Objection must be (a) in writing and state, with specificity, the legal and factual bases thereof and include any appropriate documentation in support thereof; and (b) filed with the Court by no later August 4, 2026, at 4:00 p.m. (prevailing Eastern Time) (the "Supplemental Sale Objection Deadline") and served on the Objection Notice Parties. D. Sale Hearing The Sale Hearing shall take place on August 10, 2026, at 2:00 p.m. (prevailing Eastern Time), before The Honorable Craig T. Goldblatt, United States Bankruptcy Judge, in the United States Bankruptcy Court for the District of Delaware, located at 824 N. Market Street, Wilmington, Delaware 19801. RESERVATION OF RIGHTS TO MODIFY BIDDING PROCEDURES The Debtors reserve the right to, in their reasonable business judgment and after consultation with the Consultation Parties in a manner consistent with their fiduciary duties and applicable law, modify the Bidding Procedures, including to, among other things, extend or waive deadlines or other terms and conditions set forth therein; adopt new rules and procedures for conducting the bidding and Auction process so long as any such modifications are disclosed to all Prospective Bidders and Qualified Bidders, as applicable; or otherwise modify these Bidding Procedures to further promote competitive bidding for and maximizing the of value of the Assets, in each case, to the extent not materially inconsistent with the Bidding Procedures or the Bidding Procedures Order. ADDITIONAL INFORMATION Copies of the Motion, the Bidding Procedures Order and the Bidding Procedures may be obtained free of charge by visiting the Epiq Website located at https://dm.epiq11.com/SimplyInterior. FAILURE TO ABIDE BY THE BIDDING PROCEDURES, THE BIDDING PROCEDURES ORDER OR ANY OTHER APPLICABLE ORDER OF THE COURT ENTERED IN THE CHAPTER 11 CASES MAY RESULT IN THE REJECTION OF YOUR BID AND YOUR DISQUALIFICATION FROM PARTICIPATING IN THE BIDDING FOR AND AUCTION OF ANY OF THE DEBTORS' ASSETS. THE FAILURE OF ANY PERSON OR ENTITY TO FILE AND SERVE AN OBJECTION IN ACCORDANCE WITH THE BIDDING PROCEDURES ORDER, INCLUDING THE FAILURE TO FILE ANY SUCH OBJECTION BY THE APPLICABLE OBJECTION DEADLINE, SHALL FOREVER BAR SUCH PERSON OR ENTITY FROM ASSERTING, AT THE SALE HEARING OR THEREAFTER, ANY SUCH OBJECTION TO THE RELIEF REQUESTED IN THE MOTION, THE CONSUMMATION OF ANY APPLICABLE SALE, INCLUDING THE SALE OF ANY ASSETS TO A SUCCESSFUL BIDDER FREE AND CLEAR OF LIENS, CLAIMS, INTERESTS AND ENCUMBRANCES PURSUANT TO SECTION 363(f) OF THE BANKRUPTCY CODE OR THE TERMS OF ANY STALKING HORSE AGREEMENT OR OTHER ASSET PURCHASE AGREEMENT EXECUTED BY THE DEBTORS. About Simply Interior Homes LLC Simply Interior Homes, LLC operates a home textiles and home décor business that designs, sources and supplies fashion bedding, window treatments, bath products, decorative textiles, and related home furnishings for major retailers. The Debtors were formed in early 2025 in connection with the carve-out of the soft goods business divisions from Keeco, LLC, a portfolio company of Centre Lane Partners, and related affiliates. Simply Interior Homes and its affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del., Case No. 26-10922) on June 8, 2026. The petitions were signed by Adam Zalev as chief restructuring officer. The Debtors reported $100 million to $500 million in both estimated assets and liabilities. Potter Anderson & Corroon LLP and Goodwin Procter LLP is serving as counsel to the Debtors. The Debtors' financial advisor is Reflect Advisors LLC, and their sales agent is Rock Creek Advisors LLC. Epiq Corporate Restructuring LLC is the claims and noticing agent. SISTERS OF SAINT ANN: Seeks Ch.11 Bankruptcy to Reorganize Finances ------------------------------------------------------------------- Juliet Schulman-Hall of MassLive reports that Anna Maria College, a Paxton, Massachusetts-based private college, filed for Chapter 11 protection as it seeks to reorganize its finances following its decision to cease academic operations. The filing comes months after the institution announced its closure and allows it to continue limited administrative operations while managing creditor claims and student transition programs. Court filings estimate both assets and liabilities at $10 million to $50 million. The college's largest unsecured obligations include more than $1.3 million owed to Sodexo Inc. & Affiliates and nearly $1.6 million owed to the U.S. Department of Education. Officials stated that all employee compensation has been paid and that teach-out agreements and transfer assistance for students will continue during the bankruptcy proceedings, the report cites. Faculty members said the bankruptcy was widely anticipated following the abrupt closure announcement, accelerated layoffs, and the elimination of severance benefits. Students have also reported delays in receiving scholarship funds and stipends that had been expected before the institution ceased operations, according to MassLive. Long-term enrollment declines, reduced state support, and a dramatic decline in the college's endowment contributed to its financial collapse. Although administrators expanded athletics and increased tuition incentives in an effort to stabilize enrollment, those measures failed to reverse the institution's declining finances. The college continues efforts to sell its 260-acre Paxton campus to maximize value for creditors, the report states. About Sisters of Saint Ann Inc. Sisters of Saint Ann Inc., doing business as Anna Maria College, is a private Catholic liberal arts college located in Paxton, Massachusetts. Sisters of Saint Ann Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Mass. Case No. 26-40758) on June 26, 2026. In its petition, the Debtor reports both assets and liabilities at $10 million to $50 million. The Debtor is represented by John J. Monaghan, Esq. of Holland & Knight. SKEENA RESOURCES: Omnibus Incentive Plan, Board Slate OK'd ---------------------------------------------------------- Skeena Resources Limited has announced the results of its Annual General Meeting of Shareholders held in Vancouver, British Columbia. Shareholders approved the reelection of all Directors and the Company's Rolling Omnibus Incentive Plan. The number of Directors and the reappointment of KPMG LLP, Chartered Professional Accountants as auditor of the Company, were also approved by over 99% of shareholders who voted. A total of 88,651,225 shares were voted, representing 71.5% of the common shares that were issued and outstanding at the record date for the AGM. Refer to Table 1 below for the detailed results of the votes for each Director. Table 1: Detailed Voting Results for Re-Election of Board of Directors 1. Walter Coles * Votes For: 78,903,287 * Percentage For: 97.6% 2. Randy Reichert * Votes For: 80,734,175 * Percentage For: 99.8% 3. Craig Parry * Votes For: 62,581,664 * Percentage For: 77.4% 4. Suki Gill * Votes For: 74,452,502 * Percentage For: 92.1% 5. Greg Beard * Votes For: 68,967,394 * Percentage For: 85.3% 6. Nathalie Sajous * Votes For: 79,156,267 * Percentage For: 97.9% 7. Hansjoerg Plaggemars * Votes For: 50,458,477 * Percentage For: 62.4% Management Appointment Skeena is pleased to announce the appointment of Ryan Maloney as Vice President of Corporate Development and a member of the Executive Leadership Team, effective in the coming months. Ryan will be responsible for the Company's corporate development activities, including corporate strategy, growth initiatives, strategic partnerships, capital allocation, and engagement with the capital markets. Ryan brings more than 10 years of institutional capital markets experience to Skeena, having worked with many of the mining industry's leading companies. Most recently, he served as Director, Mining Specialty Sales, Global Markets at BMO Capital Markets. Prior to BMO, Ryan held senior institutional equity sales positions at Desjardins Capital Markets and Sprott Capital Partners. He holds a Bachelor of Business Administration (Finance) from St. Francis Xavier University, graduating with Distinction. Management Transition After 10 years with Skeena, Justin Himmelright, Senior Vice President of External Affairs, will transition from the Executive Leadership Team to serve as a Strategic Advisor, effective July 1, 2026. Justin has been instrumental in the development and execution of Skeena's external affairs strategy and recently played a key role in securing British Columbia's first Section 7 Impact Benefit Agreement. The agreement marked an important milestone in the permitting of the Eskay Creek Project and established a new framework for collaboration and reconciliation in the province. In his role as Strategic Advisor, Justin will continue to support the Company on government relations, policy matters, stakeholder engagement, and First Nations relations. He will remain Skeena's primary liaison with provincial, federal, and First Nation elected officials and will continue to represent the Company on the Board of the Mining Association of BC. About Skeena Skeena is a precious metals development company focused on advancing the Eskay Creek Gold-Silver Project in British Columbia's Golden Triangle. With the Project fully permitted and under construction, the Company is progressing Eskay Creek towards initial production and cash flow in the second quarter of 2027. Once in operation, Eskay Creek is expected to be one of the world's highest-grade and lowest-cost open-pit precious metals mines, with significant silver by-product production that exceeds the output of many primary silver mines. Skeena is committed to responsible and sustainable mining in partnership with Indigenous communities, while maximizing the value of its mineral resources to generate long-term shareholder returns. * * * In Apr. 2026, S&P Global Ratings assigned its 'CCC+' issuer-credit rating (ICR) to Skeena Resources Ltd. At the same time, S&P assigned its 'B-' issue-level rating and '2' recovery rating (70%-80%; rounded estimate: 85%) to the company's proposed US$750 million senior secured notes due 2031. The stable outlook reflects S&P's expectation that it will take Skeena 12-18 months to complete the significant Eskay Creek development project, which entails financial and execution risks. In its view, this renders the company dependent on favorable business, financial, and economic conditions to meet its financial commitments. SLEEP NUMBER: Pacific Ridge Ceases Beneficial Ownership ------------------------------------------------------- Pacific Ridge Capital Partners, LLC, disclosed in a Schedule 13G (Amendment No. 2) filed with the U.S. Securities and Exchange Commission that as of June 5, 2026, it no longer beneficially owns shares Sleep Number Corp's Common Stock. Pacific Ridge Capital Partners, LLC may be reached through: Peter Trumbo, Chief Compliance Officer 4900 Meadows Rd, STE 320 Lake Oswego, OR 97035 Tel: 503-886-8970 A full-text copy of Pacific Ridge Capital Partners, LLC's SEC report is available at https://tinyurl.com/ueyd39js About Sleep Number Corp. Sleep Number Corporation, formerly Select Comfort Corporation, is a Minneapolis, Minnesota-based company founded in 1987. The company offers mattresses and bases, including smart mattresses with adjustable firmness, digital sensing, automatic comfort adjustments, and temperature-control features. Sleep Number uses a direct-to-consumer distribution model through Sleep Number stores and online retail touchpoints, and provides home delivery and professional set-up services. The company operates 572 stores in 50 U.S. states and employs approximately 2,920 employees. Sleep Number Corporation sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 26-11399) on June 12, 2026. In its petition, the Debtor reports total assets of approximately $642.32 million and total debts of approximately $1.28 billion as of April 30, 2026. Honorable Bankruptcy Judge Kyu Young Paek handles the case. Davis Polk & Wardwell LLP is serving as Sleep Number's legal advisor in the restructuring. The company also retained Guggenheim Securities, LLC as investment banker, A&G Real Estate Partners as real estate advisors, and Kroll Restructuring Administration LLC as claims, noticing, solicitation, and administrative agent. SPANISH BROADCASTING: Wins Approval of Chapter 11 Debt Plan ----------------------------------------------------------- InsideRadio reports that Spanish Broadcasting System won confirmation of its Chapter 11 reorganization plan Thursday, June 25, 2026, after a Delaware bankruptcy judge approved the company's debt restructuring, paving the way for it to reduce its funded debt by more than three-quarters. The plan eliminates approximately $240 million in debt and hands ownership of the reorganized broadcaster to its creditors, primarily senior noteholders, once all closing conditions are met. The confirmation followed revisions addressing concerns raised by the U.S. government and digital royalty collector SoundExchange. SBS agreed to language reaffirming the FCC's exclusive authority over broadcast license transfers and preserving government rights to collect tax obligations. As a result, the government withdrew its objection, leaving SoundExchange's royalty dispute as the primary contested issue during the hearing, the report cites. SoundExchange maintained that an audit identified roughly $1.37 million in unpaid royalties, late fees and audit costs covering 2020 through 2022, while arguing that its claims should not be treated as unimpaired. SBS countered that it intends to satisfy any valid obligations and emphasized that confirmation would not impair SoundExchange's ability to pursue future litigation over royalty payments, according to report. Despite securing confirmation, SBS acknowledged it will remain in Chapter 11 until it receives FCC approval, a process the company expects could take several weeks or months. In the meantime, the broadcaster will continue operating under its existing debtor-in-possession financing, explore the sale of a significant non-core real estate asset, and implement a restructuring that includes new secured notes and an equity-based management incentive program, InsideRadio reports. About Spanish Broadcasting System Spanish Broadcasting System Inc. operates Spanish-language radio stations and media properties serving Hispanic communities across the U.S. and Puerto Rico. The company's business includes radio broadcasting, digital advertising, music programming and live entertainment initiatives. Through its portfolio of stations and online brands, the company delivers music, news, talk and cultural programming tailored to Latino listeners. Spanish Broadcasting System and its affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No. 26-10708) on May 11, 2026. In its petition, Spanish Broadcasting System disclosed estimated assets and liabilities between $100 million and $500 million each. The case is jointly administered in Case No. 26-10708. Bankruptcy Judge Brendan Linehan Shannon handles the case. The Debtors are represented by Robert J. Dehney, of Morris, Nichols, Arsht & Tunnell. Fried, Frank, Harris, Shriver & Jacobson LLP was retained as general bankruptcy counsel, while GLC Advisors & Company is serving as investment banker. Financial advisory and chief restructuring officer duties are being handled by Riveron Management Services LLC and Jesse York, and Kroll Restructuring Administration LLC is serving as claims agent and administrative advisor. SQUARE ONE: Court OKs Welch Way Property Sale to Wendell Smith -------------------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division, has granted Square One Preservation LLP, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 18730 Welch Way, Country Club Hills, IL 60478. Robert P. Handler was appointed as Subchapter V Trustee. The Debtor is an Illinois limited liability partnership that provides real property preservation services for its clients. The Debtor accepted the offer of Wendell Smith to purchase the Property for $515,000. The Debtor is authorized to sell the Property to Wendell Smith, free and clear of liens. The Buyer is a good faith purchaser and is entitled to the protections. The Debtor is authorized to pay all usual and necessary closing costs including, but not limited to, title charges, recording fees, brokers' commissions, real estate tax prorations, amounts necessary to pay outstanding real estate taxes to clear title, the amount due Auburn Loan Servicing, Inc. About Square One Preservation Square One Preservation, LLP sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 24-16033) on October 25, 2024, with $100,001 to $500,000 in both assets and liabilities. Judge Timothy A. Barnes presides over the case. The Law Offices of Joel Schechter serves the Debtor as counsel. SUITECENTRIC LLC: Seibert's Appeal on Plan Confirmation Tossed -------------------------------------------------------------- Judge Kymberly K. Evanson of the U.S. District Court for the Western District of Washington dismissed the appeal styled PAUL ROSS SEIBERT, Appellant(s), v. SUITECENTERIC, LLC, et al., Appellee(s), Case No. 26-cv-00916-KKE (W.D. Wash.) for lack of jurisdiction. On March 16, 2026, Appellant Paul Ross Seibert, proceeding pro se, filed a notice of appeal of an order by U.S. Bankruptcy Judge Timothy W. Dore confirming a bankruptcy plan with respect to Debtor SuiteCentric, LLC. Seibert elected to appeal to this Court rather than the Bankruptcy Appellate Panel. Subject to certain exceptions that do not apply in this case, Rule 8002 of the Federal Rules of Bankruptcy Procedure requires that a notice of appeal must be filed with the bankruptcy clerk within 14 days after the judgment, order, or decree to be appealed is entered. Because the Court lacks jurisdiction to hear an untimely bankruptcy appeal, it may dismiss such an appeal sua sponte. Seibert filed this appeal 52 days after Judge Timothy Dore's decision -- more than a month too late, the Court recounts. Seibert argued that the 14-day appeal deadline should be "tolled" based on SuiteCentric's concealment of assets -- which Seibert claims he did not discover until weeks after Judge Dore's order. According to the Court, Seibert identifies no authority supporting his argument that the mandatory 14-day deadline may be tolled based on "bad faith" or "fraud on the estate." Because Seibert's appeal is untimely, the Court will dismiss this appeal and direct the Clerk to close this case. A copy of the Court's Order dated June 25, 2026, is available at http://urlcurt.com/u?l=lDWwr3from Pacermonitor.com. About SuiteCentric LLC SuiteCentric LLC is an Oracle NetSuite Solution Provider and member of NetSuite's Commerce Agency Program, delivers Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), SuiteCommerce Advanced, and related business module solutions. The Company provides implementation, support, customization, and development services, specializing in SuiteCommerce Advanced and ERP, and offers the SuiteAscent + SuiteSuccess bundle for small businesses. SuiteCentric serves clients across wholesale and distribution, retail and e-commerce, construction, health and beauty, manufacturing, software, apparel, food and beverage, and other industries. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Wash. Case No. 25-12449) on September 3, 2025. In the petition signed by Adam Baruh, managing member, the Debtor disclosed $354,739 in assets and $1,455,558 in liabilities. Judge Timothy W. Dore oversees the case. Thomas D. Neeleman, at Neeleman Law Group, P.C., is serving as the Debtor's bankruptcy counsel. SUPERNOVA MANAGEMENT: Court OKs Continued Use of Cash Collateral ---------------------------------------------------------------- SuperNova Management, Inc. and affiliates received approval from the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division, to continue using cash collateral to fund operations. Under the order, the Debtors are authorized to use cash collateral for business expenses in accordance with an approved budget pending further order of the court. A copy of the budget is available at https://shorturl.at/aKng9 from PacerMonitor.com. The Debtors are also allowed to reallocate unused budget amounts between categories as long as total authorized expenditures are not exceeded. The Debtors' cash collateral may be subject to liens or security interests held by lenders including Stearns Bank Equipment Finance, Flatbay Funding I, LLC, W Funding Group LLC, CT Corporation System and the U.S. Small Business Administration. As adequate protection, lenders holding valid pre-petition liens will be granted continuing liens on and security interests in post-petition cash collateral and its proceeds to the same extent as existed before the bankruptcy filings, subject to the fee carveout. Additional safeguards include keeping the lenders' collateral insured and keeping the collateral free and clear of post-petition liens and encumbrances, except for certain accrued obligations such as ad valorem taxes. The order preserves all rights and remedies of the lenders under their loan documents, applicable non-bankruptcy law, and the Bankruptcy Code. The order is available at http://bankrupt.com/misc/SupernovaManagement_ICCOrder127.pdf About SuperNova Management Inc. SuperNova Management, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas Case No. 26-32616) on April 14, 2026. In the petition signed by Martin Abrahams, manager, the Debtor disclosed up to $50,000 in assets and up to $10 million in liabilities. Judge Eduardo V. Rodriguez oversees the case. Reese Baker, Esq., at Baker & Associates, represents the Debtor as legal counsel. SUSTAINABLE SAN DIEGO: Voluntary Chapter 11 Case Summary -------------------------------------------------------- Debtor: Sustainable San Diego, Inc. 4862 Voltaire Street San Diego CA 92106 Business Description: Sustainable San Diego, Inc. is a single- asset real estate entity (as defined in 11 U.S.C. Section 101(51B)). Chapter 11 Petition Date: June 28, 2026 Court: United States Bankruptcy Court Southern District of California Case No.: 26-02744 Judge: Hon. J Barrett Marum Debtor's Counsel: Marc Steven Applbaum, Esq. MIDWAY LAW FIRM APC 4275 Executive Square La Jolla CA 92037 Tel: 760-484-1203 E-mail: bobby@midwaylawfirm.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Dustin Johnston as officer. The Debtor failed to attach a list of its 20 largest unsecured creditors to the petition. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/5CH5WOQ/Sustainable_San_Diego_Inc__casbke-26-02744__0001.0.pdf?mcid=tGE4TAMA T-NEVIN-T HOLDINGS: Gets Final OK to Use Cash Collateral -------------------------------------------------------- T-Nevin-T Holdings, LLC received final approval from the U.S. Bankruptcy Court for the Middle District of Pennsylvania to use cash collateral. Under the final order, the Debtor is authorized to continue using cash collateral to fund ongoing operations while it reorganizes under Chapter 11. The Debtor was initially allowed to access cash collateral under the court's May 28 interim order. The Debtor's business proceeds, consisting of cash and cash equivalents, constitute cash collateral of the U.S. Small Business Administration. Before filing its Chapter 11 case, the Debtor entered into an SBA loan agreement secured by a lien on all of its assets. As adequate protection, the Debtor is required under the final order to make monthly payments of $731 to the SBA. The final order is available at http://bankrupt.com/misc/T-Nevin-T_FCCOrder39.pdf About T-Nevin-T Holdings LLC T-Nevin-T Holdings, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Pa. Case No. 26-01449) on May 21, 2026, with $500,001 to $1 million in BOTH assets and liabilities. Judge Mark J. Conway presides over the case. Lawrence V. Young, Esq., at Cga Law Firm represents the Debtor as bankruptcy counsel. TALPHERA INC: All Five Key Proposals OK'd at Annual Meeting ----------------------------------------------------------- Talphera, Inc. has announced the results of its Annual Meeting. Proxies for the Annual Meeting were solicited by the Board pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended, and there was no solicitation in opposition. At the Annual Meeting, a total of 31,436,937 shares were represented in person or by proxy out of the 51,899,648 shares of common stock entitled to vote as of April 24, 2026, the record date for the Annual Meeting. The final votes on the proposals presented at the Annual Meeting were as follows: Proposal No. 1 Marina Bozilenko, Joseph Todisco and Mark Wan were elected as Class III directors, by a plurality of the votes entitled to vote on the election of directors, to hold office until the 2029 Annual Meeting of Stockholders by the following vote: 1. Marina Bozilenko * For: 23,303,306 * Withheld: 400,888 * Broker Non-Votes: 7,732,743 2. Joseph Todisco * For: 23,433,045 * Withheld: 271,149 * Broker Non-Votes: 7,732,743 3. Mark Wan * For: 23,213,162 * Withheld: 491,032 * Broker Non-Votes: 7,732,743 In addition to the directors elected, Adrian Adams and Jill Broadfoot will continue to serve as directors until the 2027 Annual Meeting of Stockholders, and Vincent J. Angotti, Stephen J. Hoffman, M.D., Ph.D. and Abhinav Jain will continue to serve as directors until the 2028 Annual Meeting of Stockholders, and, in each case until their successors are elected and qualified, or until their earlier death, resignation or removal. Proposal No. 2 The selection by the Audit Committee of the Board of BPM LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026 was ratified by the following vote: * For: 31,019,362 * Against: 356,608 * Abstain: 60,967 * Broker Non-Votes: -- Proposal No. 3 The compensation paid to the Company's named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, compensation tables and narrative discussion was approved, on an advisory basis, by the following vote: * For: 22,874,586 * Against: 786,249 * Abstain: 43,359 * Broker Non-Votes: 7,732,743 Proposal No. 4 The Company's 2020 Amended and Restated 2020 Equity Incentive Plan was approved, by the following vote: * For: 22,602,504 * Against: 1,068,623 * Abstain: 33,067 * Broker Non-Votes: 7,732,743 Proposal No. 5 The Company's Amended and Restated the Company's 2011 Employee Stock Purchase Plan was approved, by the following vote: * For: 23,020,334 * Against: 657,322 * Abstain: 26,538 * Broker Non-Votes: 7,732,743 A summary of both the 2020 EIP and 2011 ESPP are available at https://tinyurl.com/4f29rpz5 and https://tinyurl.com/msdcyj2m. About Talphera Headquartered in San Mateo, California, Talphera, Inc. -- www.talphera.com -- is a specialty pharmaceutical company focused on the development and commercialization of innovative therapies for use in medically supervised settings. Talphera's lead product candidate, Niyad, is a lyophilized formulation of nafamostat and is currently being studied under an investigational device exemption (IDE) as an anticoagulant for the extracorporeal circuit, and has received Breakthrough Device Designation status from the U.S. Food and Drug Administration (FDA). Walnut Creek, Calif.-based BPM LLP, the Company's auditor since 2023, issued a "going concern" qualification in its report dated March 23, 2026, citing that Company has suffered recurring operating losses and negative cash flows from operating activities since inception and expects to continue to incur operating losses and negative cash flows in the future. These matters raise substantial doubt about its ability to continue as a going concern. As of March 31, 2026, the Company had $30.2 million in total assets, $11.7 million in total liabilities, and $18.5 million in total stockholders' equity. TEANECK SURGICAL: Medical Operating License Sale to Holy Name OK'd ------------------------------------------------------------------ The U.S. Bankruptcy Court for the District of New Jersey has granted Teaneck Surgical Center LLC to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor seeks authorization and approval of the private sale of its Equipment and Operating license to Holy Name for a purchase price of $1,040,000. The Debtor previously entered into a contract to sell membership interests to Holy Name for the same purchase price. However, Holy Name terminated that sale and advised that it would only proceed with a sale by the Debtor of the Debtor's equipment and operating license in a bankruptcy case at the same purchase price. Given the Debtor's continued losses, cessation of operations and failure to pay rent with significant arrearages due and owing to Holy Name's affiliate, the Debtor and Holy Name agreed that as part of the sale, the Lease, which had less than 2 years remaining with no extension option, would be surrendered. In exchange for the surrender, Holy Name agreed to waive any claims for past-due and future rent arising from the Lease, which claims would have exceeded $600,000 in the aggregate. The Debtor is a five member limited liability company formed under the laws of the state of New Jersey and is managed by two physician managers. The Debtor operated as an ambulatory surgical center located at 730 Palisade Avenue, Teaneck, New Jersey 07666, specializing in orthopedic, spine and related surgical procedures. The Debtor's two physician managers along with certain other physicians (Physicians) were shareholders of North Jersey Orthopedic Specialists, P.A., a New Jersey professional association (NJOS), who previously operated a medical practice from the Property. The Court has authorized the Debtor to sell the Property to Holy Name Primary Care and Specialty Associates, PC, a New Jersey professional corporation, which is an entity affiliated with Holy Name Medical Center, an independent, faith-based, non-profit health system that is tax-exempt and comprises a comprehensive 361-bed acute care medical center, a cancer center, medical fitness center, residential hospice, nursing school, and physician network. The Debtor has demonstrated good, sufficient, and sound business purposes and justifications for approval of the Asset Purchase Agreement (APA) and the related sale of the Purchased Assets. The consideration to be paid by Purchaser under the APA was negotiated at arm's length and constitutes fair and reasonable consideration for the Purchased Assets. The Debtor, Purchaser and each of their respective management, boards of directors, members, officers, directors, employees, agents, and representatives, as applicable, acted in good faith. The Debtor has the full corporate power and authority to execute, deliver, and perform its obligations under the APA and all other documents contemplated, and the sale has been duly and validly authorized by the necessary corporate action of the Debtor. About Teaneck Surgical Center LLC Teaneck Surgical Center LLC is a five-member limited liability company formed under the laws of the state of New Jersey and is managed by two physician managers. Teaneck Surgical Center sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 26-16013) on May 28, 2026, with $500,001 to $1 million in assets and $100,001 to $500,000 in liabilities. Morris S. Bauer, Esq., at Duane Morris, LLP represents the Debtor as legal counsel. TIGER CAPITAL: Gets Final OK to Use Cash Collateral --------------------------------------------------- Tiger Capital Corporation received final approval from the U.S. Bankruptcy Court for the Western District of Washington to use cash collateral. Under the final order, the Debtor is authorized to use cash collateral in accordance with its monthly operating budget. The Debtor may exceed individual budgeted amounts by up to 15% of the total budget. Any expenditures exceeding that variance require either the consent of secured creditors or further court approval. As adequate protection, the court granted replacement liens to LENDR.Online, LLC, Lincoln Financial, Rapid Finance and other secured creditors asserting interests in the cash collateral. These replacement liens attach to post-petition accounts, accounts receivable, cash, and proceeds, maintaining the same validity, priority and extent as the creditors' pre-petition liens. The liens extend to any account holding cash collateral, including debtor-in-possession accounts, regardless of whether the secured creditors exercise control over those accounts. The final order remains effective from June 22 through confirmation of the Debtor's Chapter 11 plan of reorganization. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/v06IG from PacerMonitor.com. About Tiger Capital Corporation Tiger Capital Corporation sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Wash. Case No. 26-41500) on May 19, 2026, with $50,001 to $100,000 in assets and $500,001 to $1 million in liabilities. Judge Hon. Mary Jo Heston oversees the case. The Debtor is represented by: Kathryn P Scordato, Esq. Scordato Law, PLLC Tel: 206-223-9595 Email: kathryn@scordatolaw.com TPX COMMUNICATIONS: Files Chapter 11 to Eliminate Significant Debt ------------------------------------------------------------------ TPx, a nationwide managed services provider, announced on June 28, 2026, that it has reached an amended and restated Restructuring Support Agreement with its existing sponsor and holders representing a significant majority of the Company's outstanding funded debt, positioning the Company for its next phase of growth. The agreement strengthens TPx's financial foundation by providing a commitment for recapitalization and elimination of significant debt that will allow TPx to continue to build upon positive EBITDA and free cash flow growth. "This agreement with our lenders marks a substantial step forward for TPx," said Shaun Andrews, Chief Executive Officer of TPx. "It gives us the flexibility to accelerate our strategy, increase investments that grow the business, and deliver exceptional managed services to our customers. We're energized by the opportunities this creates and the path ahead." To implement the agreement, TPx and certain of its affiliates have filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. Throughout the process, TPx will continue to operate in the ordinary course, delivering reliable managed services and supporting our customers' day-to-day operations without interruption. In connection with this process, the Company has received new financing commitments, including DIP financing and exit financing from its existing lenders to provide the Company with sufficient liquidity to support the business throughout the Chapter 11 process and beyond. TPx aims to move through this process quickly and efficiently. TPx has filed customary "First-Day Motions" with the Court to support a seamless transition into Chapter 11 without disruption and will continue operating as usual, meeting its obligations and maintaining strong relationships with vendors and technology partners to ensure the high-quality service customers expect. Additional Information Additional information about TPx's restructuring process is available at http://tpx.com/ourfuture.Bankruptcy Court filings and other information regarding the case can be found at https://restructuring.ra.kroll.com/TPx, or by contacting Kroll Inc., the Company's noticing and claims agent, at (888) 339-7353 (toll-free) and +1(646) 825-5321 (international). TPx is advised in this matter by Sidley Austin LLP as legal counsel, Portage Point Partners as financial advisor, with Steven Shenker serving as Chief Restructuring Officer, PJT Partners, Inc. as investment banker, and FTI Consulting, Inc. as communications advisor. An ad hoc group of lenders is advised by Davis Polk & Wardwell LLP as legal counsel, Haynes & Boone LLP as local counsel, and Guggenheim Securities, LLC as financial advisor. About TPx TPx -- www.tpx.com -- is your sidekick for smart IT--helping organizations connect, secure, and grow with confidence. Leveraging decades of experience, TPx delivers managed services for cybersecurity, networks, and cloud communications that reduce risk and maximize the value of IT investments. U.S. TELEPACIFIC: Case Summary & 30 Largest Unsecured Creditors --------------------------------------------------------------- Lead Debtor: U.S. TelePacific Corp. 303 Colorado St., Suite 2075 Austin, TX 78701 Business Description: U.S. Telepacific Corp., together with its subsidiaries, provides managed IT services to business customers across the United States. The Company offers connectivity and networking, cybersecurity, communications, IT infrastructure, unified collaboration, cloud-based applications, support, implementation, and network management services. U.S. Telepacific is headquartered in Austin, Texas, and serves small and mid-sized enterprises across industries including healthcare, financial services, legal, education, and professional services. Chapter 11 Petition Date: June 28, 2026 Court: United States Bankruptcy Court Southern District of Texas Twelve affiliates that concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code: Debtor Case No. ------ -------- U.S. TelePacific Corp. (Lead Case) 26-90625 U.S. TelePacific Holdings Corp. 26-34542 Mpower Holding Corporation 26-34543 Mpower Communications Corp. 26-34544 TPx International Holdings Corp. 26-34545 NextWeb, Inc. 26-34546 DSCI, LLC 26-34547 OCiX, Inc. 26-34548 Arrival Communications, Inc. 26-34549 TPx Communications Co. 26-34550 Big City Networks, Inc. 26-34551 ICG ChoiceCom L.P. 26-34552 Judge: Hon. Alfredo R Perez Debtors' General Bankruptcy Counsel: Duston K. McFaul, Esq. Chelsea McManus, Esq. SIDLEY AUSTIN LLP 1000 Louisiana Street, Suite 5900 Houston, Texas 77002 Tel: (713) 495-4500 Fax: (713) 495-7799 E-mail: dmcfaul@sidley.com cmcmanus@sidley.com - and - Stephen E. Hessler, Esq. Anthony R. Grossi, Esq. Weiru Fang, Esq. 787 Seventh Avenue New York, New York 10019 Tel: (212) 839-5300 Fax: (212) 839-5599 Email: shessler@sidley.com agrossi@sidley.com weiru.fang@sidley.com - and - Jason L. Hufendick, Esq. Ryan Fink, Esq. Daniela Rakowski, Esq. One South Dearborn Chicago, Illinois 60603 Tel: (312) 853-7000 Fax: (312) 853-7036 E-mail: jhufendick@sidley.com ryan.fink@sidley.com drakowski@sidley.com Debtors' Financial Advisor: TRIPLE P TRS, LLC Debtors' Investment Banker: PJT PARTNERS, INC. Debtors' Claims, Noticing & Solicitation Agent: KROLL RESTRUCTURING ADMINISTRATION LLC Debtors' Special Counsel: KATTEN MUCHIN ROSENMAN LLP Estimated Assets: $100 million to $500 million Estimated Liabilities: $1 billion to $10 billion The petitions were signed by Steven Shenker as chief restructuring officer. A full-text copy of the Lead Debtor's petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/TPEWQ4A/US_TelePacific_Corp__txsbke-26-90625__0001.0.pdf?mcid=tGE4TAMA Consolidated List of Debtors' 30 Largest Unsecured Creditors: Entity Nature of Claim Claim Amount 1. Uniti Leasing X LLC Landlord/Lease $4,876,381 10802 Executive Center Dr Counterparty Ste 300 Little Rock, AR 72211 Contact: Daniel Heard Tel: (501) 850-0820 Email: daniel.heard@uniti.com 2. Bay Area Rapid Transit Landlord/Lease $861,072 District Counterparty PO Box 742638 Los Angeles, CA 90074-2638 Contact: Wai Chan Tel: (510) 464-6895 Email: None Available 3. GIP 7th Street LLC Landlord/Lease $551,065 2323 Bryan Street 17th Floor Counterparty Dallas, TX 75201 Contact: Niclaire Sights Tel: (469) 375-7293 Email: nsights@digitalreality.com 4. The Irvine Company Landlord/Lease $472,544 101 Innovation Way Counterparty Irvine, CA 92617-3040 Contact: Teresa Martinez Tel: (949) 720-2684 Email: temaertinez@irvinecompany.com 5. Scansource/Broadsoft (WEBEX) Trade Payable $349,408 77 Upper Rock Cir Ste 200 Rockville, MD 20850 Contact: Robb Garth Tel: (301) 977-9440 Email: broadsoftorders@cisco.com 6. The Cain Travel Group of Trade Payable $335,035 Boulder, Inc. 2900 Center Green St Boulder, CO 80301 Contact: Michael Cain Tel: (303) 938-2715 Email: michaelc@caintravel.com 7. ATG Business Solutions Trade Payable $285,802 Private Limited One Comcast Center Philadelphia, PA 19103 Contact: Joey Nicosia Tel: (267) 290-5053 Email: joseph_nicosia@comcast.com 8. Cheyenne Corporate Center LLC Landlord/Lease $265,201 3291 North Buffalo Drive Counterparty Suite 130 Las Vegas, NV 89129 Contact: Christine Overbay Tel: (702) 602-0446 Email: christine@cheyenne.center 9. Six Scents LLC Landlord/Lease $206,842 1 Via Brezza Counterparty Newport Beach, CA 92657 Contact: August Doppes Tel: (201) 255-9667 Email: sales@six-scents.com 10. Geolinks Trade Payable $173,509 251 Camarillo Ranch Rd Camarillo, CA 93012 Contact: Andre Lorenz Tel: (206) 812-9500 Email: alorenz@geolinks.com 11. AP WIP Data Center, LLC Landlord/Lease $141,507 4250 Executive Square Counterparty Suite 900 La Jolla, CA 92037 Contact: Allison Cahill Tel: (858) 564-4145 Email: acahill@apwip.com 12. 180 Grand, LLC Landlord/Lease $138,741 180 Grand Ste 955 Counterparty Oakland, CA 94612 Contact: Michael Jenkins Tel: (408) 207-8199 Email: 180grand@rubiconpoint.com 13. Stealth Partner Group Trade Payable $136,214 C/o Wells Fargo PO Box 949572 Atlanta, GA 30394-9572 Contact: Tevor Brake Tel: (704) 749-2700 Email: trevor.brake@amwins.com 14. International Business Trade Payable $130,447 Machines Corporation 900 Chelmsford St Lowell, MA 01851 Contact: Abhi Garg Tel: (781) 386-7935 Email: abhi.garg@ibm.com 15. 274 Brannan Street Owner LLC Landlord/Lease $126,108 600 California Street Counterparty Suite 510 San Francisco, CA 94108 Contact: Tai Vieira Tel: (415) 707-1025 Email: 274brannanmgmt@harvestproperties.com 16. J-Curve/ROI Trade Payable $106,134 2005 W 14th St Ste 121 Tempe, AZ 01801 Contact: James A Kaiser Tel: (602) 792-6100 Email: jkaiser@jcurve.com 17. Sunesys LLC Landlord/Lease $78,000 1805 29th St. Counterparty Boulder, CO 80301 Contact: Patrick Minogue Tel: (312) 502-7300 Email: patrick.minogue@zayo.com 18. Exclusive Networks USA Inc Trade Payable $76,140 4038 Clipper Court Fremont, CA 94538 Contact: Kyle Konopasek, Account Manager Tel: (561) 596-1457 Email: kkonopasek@exclusive-networks.com 19. Lincoln Life Assurance Trade Payable $58,929 Company of Boston P.O. Box 2658 Carolstream, IL 60132-2658 Contact: Tina Reddy Tel: (800) 847-3510 Email: tina.reddy@lfg.com 20. APFS Staffing, Inc Trade Payable $57,319 7076 Solutions Center Chicago, IL 60677 Contact: Jessica Mirsky Tel: (862) 823-1720 Email: jessica.mirsky@mondo.com 21. ITC Service Group Inc Trade Payable $53,475 170 Ridgeview Center Drive Duncan, SC 29334 Contact: Doug Butz Tel: (214) 450-9232 Email: dbutz@aflglobal.com 22. Vardata Trade Payable $50,244 595 Blossom Rd Ste 110 Rochester, NY 14610 Contact: Michelle Grabowski Tel: (585) 506-6630 Email: mgrabowski@vardata.com 23. Etisbew Technology Group Inc Trade Payable $48,000 7700 Windrose Ave Suite G300 Plano, TX 75024 Contact: Partha Kotagiri Tel: (949) 307-5318 Email: partha@etg.digital 24. Jabbercomm Inc Trade Payable $43,929 1111 Jupiter Road Suite 106-A Plano, TX 75074 Contact: Rick Morris Tel: (469) 241-1550 Email: rmorris@jabbercomm.com 25. Southern California Edison Landlord/Lease $37,218 4900 Rivergrade Road 2B-1 Counterparty/ First Floor Trade Payable Irwindale, CA 91706 Contact: Krista Marshall Tel: (818) 624-8943 Email: krista.marshall@sce.com 26. Presidio Holdings Inc Trade Payable $34,649 One Penn Plaza Ste 2832 New York, NY 10119 Contact: Dave Wallenstein Tel: (212) 652-5700 Email: dwallenstein@presidio.com 27. Converge Tech Trade Payable $32,091 5889 Greenwood Plaza Blvd Ste 422 Greenwood Village, CO 80111 Contact: Steve Riescher Tel: (978) 538-8000 Email: steve.riescher@convergetp.com 28. Field Nation LLC Trade Payable $26,002 733 Marquette Ave S Suite 800 Minneapolis, MN 55402 Contact: Molly Grailer Tel: (877) 573-4352 Email: mgrailer@fieldnation.com 29. Spectrum/Charter Trade Payable $19,875 PO Box 94188 Palatine, IL 60094-4188 Contact: Lisa Chiappetta Tel: (203) 223-3505 Email: lisa.chiappetta@charter.com 30. Verizon Trade Payable $19,782 Verizon Cabs PO Box 16801 Newark, NJ 07101-6801 Contact: Mark Cruze Tel: (332) 204-6128 Email: mark.cruze@verizon.com U.S. TELEPACIFIC: Court OKs Bid Rules to Sell IT Assets via Auction ------------------------------------------------------------------- The U.S. Bankruptcy Court for the Southern District of Texas, Houston Division has granted the U.S. TelePacific Corp. and its debtor affiliates, to conduct bidding for the sale of Property at auction, free and clear of liens, claims, interests, and encumbrances. The Bid Procedures requested are intended to facilitate a robust and transparent market test of the Debtors' Assets and to ensure that, if a Sale Transaction ultimately emerges as the highest or otherwise best path. The Debtors and non-debtor affiliate TPx Managed Services Ireland Limited are a nationwide managed IT services provider delivering connectivity and networking, cybersecurity, communications, and information technology infrastructure services to businesses across the United States. Through a recurring-revenue, services-based model, the Debtors deliver integrated technology solutions that enable small and mid-sized enterprises to operate secure, reliable, and scalable IT and network environments. The Debtors provide a comprehensive portfolio of solutions supporting their customers' daily operations, including network connectivity, voice and unified collaboration, and cybersecurity across a broad range of industries, including healthcare, financial services, legal, education, and professional services. The Debtor's Bid Procedures provide for the ongoing marketing and sale of assets including without limitation, some or all of (i) managed IT services for networking, security, UCaaS including SD-WAN/SASE, firewalls, endpoint protection; (ii) advisory and professional implementation services; (iii) voice and internet access services; and (iv) certain remaining property owned by the Debtors. The Bid Procedures are designed to promote a competitive auction process and are designed to enable the Debtors to solicit and identify bids from potential buyers that constitute the highest and best offer for any Sale Transaction in an efficient manner and on a reasonable timeline. The Debtors will demonstrate that the requirements for assumption and assignment of the 365 Contracts to the Successful Bidder will be satisfied. The Court has authorized the Debtor to conduct bidding procedure. The Bid Procedures are fair, reasonable, and appropriate under the circumstances and represent the best method for maximizing the recovery on, and realizable value of, the Debtors' estates. The Bid Procedures are reasonably designed to promote a competitive and robust bidding process to generate the greatest level of interest in the Assets, resulting in the highest and otherwise best offer. The form of Sale Notice is appropriate and reasonably calculated to provide all interested parties with timely and proper notice of the sale of the Assets, the Sale Transaction, the Auction, the Bid Procedures, and the Sale Hearing, and no other or further notice is required. The form of Post-Auction Notice is appropriate and reasonably calculated to provide all interested parties with timely and proper notice of the Successful Bid and Back-Up Bid, and no other or further notice is required. The Assumption and Assignment Procedures are reasonable and comply with the provisions of section 365 of the Bankruptcy Code and Bankruptcy Rule 6006. The failure to timely file an objection in accordance with this Order shall forever bar the assertion of any objection to the Motion or Sale Order and/or consummation of a Sale Transaction. The Debtors are authorized to, in the exercise of their reasonable business judgment, designate a Stalking Horse Bidder for the Assets and enter into an asset purchase agreements with Stalking Horse Bidder for the sale of such Assets, in accordance with the terms of this Order and the Bid Procedures. Subject to the Bid Procedures and entry of the Sale Order, the Debtors and any Stalking Horse Bidder are granted all rights and remedies provided to them under any Stalking Horse Agreement, including, without limitation, the right to specifically enforce the Stalking Horse Agreement in accordance with its terms. About U.S. TelePacific Corp. U.S. TelePacific Corp. and non-debtor affiliate TPx Managed Services Ireland Limited are a nationwide managed IT services provider delivering connectivity and networking, cybersecurity, communications, and information technology infrastructure services to businesses across the United States. U.S. TelePacific sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.Tex. Case No. 26-90625 (ARP) on June 29, 2026. Judge Alfredo R. Perez presides over the case. Ishani Patel at Sidley Austin LLP, represents the Debtor as legal counsel. U.S. TELEPACIFIC: Seeks Chapter 11 Bankruptcy, Eyes $1B Debt Cut ---------------------------------------------------------------- Bondoro reports that U.S. TelePacific Corp., doing business as TPx Communications, and its affiliates filed for Chapter 11 protection after determining that their debt burden had become unsustainable despite stable operating performance. The Austin-based provider of managed communications, cybersecurity, and IT services said earlier restructurings improved operations but failed to generate enough revenue growth to support approximately $1.1 billion of funded debt. As liquidity pressures mounted, the company negotiated successive forbearance agreements with its lenders and obtained a $20 million superpriority bridge loan to preserve operations. It also hired PJT Partners to explore strategic alternatives, contacting 65 prospective buyers in a marketing effort that ultimately produced nine proposals, none of which resulted in an actionable transaction before bankruptcy, the report states. The Chapter 11 filing establishes a dual-track restructuring process under which the company will either complete a Section 363 sale or reorganize through a lender-backed recapitalization. The proposed restructuring would eliminate roughly $1 billion of funded debt, leaving approximately $129 million outstanding through debt conversions, warrant issuances, and preferred equity investments supported by existing stakeholders, Bondoro reports. To support operations during the bankruptcy, TPx received interim approval for a $73.5 million debtor-in-possession financing facility. Court filings list assets of $500 million to $1 billion and liabilities of $1 billion to $10 billion, with the company stating that unsecured creditors are expected to receive recoveries under its restructuring plan, according to report. About U.S. Telepacific Corp. U.S. Telepacific Corp., doing business as TPx Communications, is an Austin, Texas-based managed communications services provider offering managed IT, unified communications, cybersecurity, networking, internet connectivity, cloud, and voice solutions to businesses across the United States. The company primarily serves small and mid-sized enterprises through a nationwide fiber and IP network, delivering integrated technology and communications services designed to support business operations. U.S. Telepacific Corp. and affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. 26-90625) on June 28, 2026. In its petition, the Debtor list assets of $500 million to $1 billion and liabilities of $1 billion to $10 billion. Honorable Bankruptcy Judge Alfredo R. Perez handles the case. The Debtor is represented by Ishani Patel, Esq. of Sidley Austin LLP. The restructuring team also includes Triple P TRS, LLC and Steven Shenker as financial advisor and chief restructuring officer, PJT Partners, Inc. as investment banker, Katten Muchin Rosenman LLP as special counsel, and Kroll Restructuring Administration LLC as claims agent. UPSHOT BREWING: To Sell Brewery Assets to Parlay 6 -------------------------------------------------- Upshot Brewing Company LLC seeks permission from the U.S. Bankruptcy Court for the District of Nevada, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is comprised of: (1) Trademark for Parlay 6 Brewing – USTPO #8399192; (2) Parlay 6 beer recipes; (3) internet domain for Parlay6brewing.com; and (4) any related brand rights to Parlay 6 Brewing owned by Debtor. The Debtor wishes to sell the Property to Parlay 6 Brewing Company, Inc. in the purchase price of $110,000. All payments received at or after closing shall be paid to the State of Nevada Department of Taxation on account of its secured tax claim until the secured tax claim is paid in full. The Debtor's business generally consists of two divisions: -- restaurant and special event operations; and -- beer brewing operations, which include the brewing and sale of Debtor's own beer line under the brand name Parlay 6, as well as providing contract labor brewing services to other beer lines owned by unrelated third-parties. For various reasons, Debtor's restaurant operated at a significant loss, which left unpaid priority taxes, including payroll taxes and sales taxes, exceeding $300,000. Debtor closed the restaurant before the case was filed. The Debtor's operating losses from the restaurant and breakeven operations from the sale of Parlay 6 beer, left Debtor without sufficient funds to continue any of its brewing operations, including brewing its own beer and beer for third parties. Debtor does not have the ability to purchase raw materials or pay employees to brew beer. Faced with the lack of capital and insurmountable debt, and before the case was filed, certain managers and members of Debtor formed P6BC in an attempt to raise capital to acquire certain assets from Debtor and reduce the Debtor’s tax liabilities. With Debtor unable to brew beer due to its lack of capital and employees, P6BC agreed to step up and fund Debtor's necessary expenses on an interim basis in order to preserve the brand's value. P6BC further agreed to advance $25,000 of the purchase price to Debtor, which it did in May of 2026. Overview of the P6BC's revised purchase offer to the Debtor to acquire the Assets is also provided. Ownership of the Sale Assets will be retained by Debtor, and not transferred to P6BC, until the complete Purchase Price has been paid in full. All payments made after approval of the sale will be immediately turned over by Debtor to the State of Nevada Department of Taxation and applied to the State's secured tax claim. Debtor accepted the revised purchase offer from P6BC and the parties are in the process of reducing their agreement to writing in a Purchase and Sale Agreement. In total 96% of P6BC is owed by members holding 36.8% of Debtor. Some of Debtor’s managers are also officers of P6BC. Debtor's managers include: Ken Foster; Christopher Galli; Adam Kincaid; and Michael Sotiriadis. P6BC's officers include: President: Ken Foster; Secretary: Brett Moseley; and Treasurer: Mike Sotiriadis. The Debtor's management believes that absent the sale, any value of the Parlay 6 beer brand will be lost or severely reduced due to the lack of production and sales of its beer. The Debtor's management believes that the sale maximizes the value of the Debtor's assets, while also eliminating the State of Nevada's secured tax claim. About Upshot Brewing Company LLC Upshot Brewing Company LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Nevada Case No. 26-50457) on May 6, 2026, with up to $50,000 in assets and $500,001 to $1 million in liabilities. Judge Hilary L. Barnes presides over the case. Kevin A. Darby, Esq., at Darby Law Practice, Ltd. represents the Debtor as bankruptcy counsel. US NUCLEAR: FY25 Net Loss Narrows to $1.24M, Going Concern Persists ------------------------------------------------------------------- US Nuclear Corp. filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. Based on the financials, the Company recorded a net loss of $1,239,051 for the year ended December 31, 2025, compared to a net loss of $1,739,926 in FY 2024, and had an accumulated deficit of $21,149,138 as of December 31, 2025. Revenues for the year ended December 31, 2025, was $2,168,999 compared to $2,168,999 in the prior period. Rowland Heights, California-based Simon & Edward, LLP, the Company's auditor since 2025, issued a "going concern" qualification in its report dated June 22, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, citing that the Company's accumulated deficit and net losses raise substantial doubt about the Company's ability to continue as a going concern. The Company's ability to continue as a going concern is dependent upon its ability to generate profitable operations in the future and/or obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has plans to seek additional capital through some private placement offerings of debt and equity securities. These plans, if successful, will mitigate the factors which raise substantial doubt about the Company's ability to continue as a going concern. Liquidity and Capital Resources US Nuclear's operations have historically been financed by its majority stockholder. As funds were needed for working capital purposes, its majority stockholder would loan the Company the needed funds. During the year ended December 31, 2025, the Company's majority shareholder loaned $79,019 to the Company and was repaid $81,201. The balance owed to its majority stockholder as of December 31, 2025, was $90,330. The Company anticipates meeting its capital needs through the sale of its common and preferred stock and increased borrowing, if necessary. At December 31, 2025, total assets decreased by $724,964 or 27.39% from $2,646,847 at December 31, 2024, primarily due to the write-down of $589,177 of inventory at its California facility and an impairment to Goodwill of $130,514. At December 31, 2025, total liabilities decreased by 30.47% to $2,435,574 from $3,503,012 at December 31, 2024, due to decreases in customer deposits and deferred revenue, convertible debt, and loans and notes payable. A full text copy of the Company's Form 10-K is available at https://tinyurl.com/5bbba7an About US Nuclear US Nuclear Corp. is engaged in developing, manufacturing, and selling radiation detection and measuring equipment. The Company markets and sells its products to consumers throughout the world. At December 31, 2025, the Company had $1,921,883 in total assets, $2,435,574 in total liabilities, and $513,691 in total stockholders' deficit. VEYTIA VENTURES: Gets Interim OK to Use Cash Collateral ------------------------------------------------------- Veytia Ventures, LLC received interim approval from the U.S. Bankruptcy Court for the Middle District of Florida to use cash collateral to fund operations. Under the interim order, the Debtor is authorized to use cash collateral from June 1 through July 14 in accordance with a court-approved budget. The Debtor may exceed individual budget line items by up to 15%, provided that total expenses during the interim period do not exceed the overall budget by more than 10%. Any spending beyond those limits constitutes a default, allowing creditors to seek emergency relief to restrict or terminate further use of cash collateral. The Debtor is also authorized to collect receivables and other amounts owed to it, with those funds constituting cash collateral subject to any valid pre-petition security interest. The Debtor's cash collateral may be subject to security interest held by the U.S. Small Business Administration. In July 2020, the Debtor obtained a loan that purportedly grants the SBA a first-priority security interest in its personal property, including accounts, deposit accounts, cash, and cash equivalents that may constitute cash collateral, if valid and properly perfected. Based on recent account statements, the SBA asserts a claim of approximately $142,698. As adequate protection, the SBA and any potential secured creditor will be granted replacement liens on post-petition cash collateral, with the same validity, priority and extent as their pre-petition liens. The order preserves all parties' rights regarding disputes over the validity, extent, priority, or amount of creditor claims and liens. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/vaimd from PacerMonitor.com. The next hearing is scheduled for July 14. About Veytia Ventures LLC Veytia Ventures, LLC is a Florida limited liability company. The bankruptcy petition does not disclose the company's specific business operations, though the name suggests it may function as an investment, holding, or business development enterprise. Veytia Ventures, LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-04736) on June 1, 2026. In its petition, the Debtor reported assets of between $100,001 and $500,000 and liabilities of between $1 million and $10 million. The Debtor is represented by Kathleen DiSanto, Esq., at Bush Ross, P.A. WHITE ASH: Seeks to Sell Carmel Property in Private Sale -------------------------------------------------------- White Ash Holdings, LLC seeks permission from the U.S. Bankruptcy Court for the Southern District of Indiana, Indianapolis Division, to sell Property in a private sale, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 415 Springwood Dr., Carmel, Indiana 46032. The Debtor is an Indiana limited liability company who has owned the Real Estate for many years. The lienholders of the Property are Hamilton Co. Treasurer, Trico Regional Sewer, Horizon Bank, New Co. Capital Group, Gordan Plumbing, and Debt Advisory Consultants. The Debtor presents the motion to be able to negotiate for and close a transaction on standard terms used in sales of the nature, provided that he receive the minimum sales price of $5,000,000.00. The buyer will have no relationship with the Debtor either before or after consummation of the sale. The Debtor believes that the sale of the Real Estate will generate liquidity for the estate and accomplish the goal of converting hard assets to cash for the benefit of creditors. As the proposed sale represents an arm's-length transaction in which the Buyer will act in good faith, without collusion or fraud of any kind, the Debtor requests that the Court make the finding at the hearing on the Motion that the Buyer shall be deemed a good faith purchaser entitled to the protections of Bankruptcy Code Section 363(m). When a buyer presents an acceptable offer it will be necessary to proceed to closing with all due alacrity in order to insure that closing takes place. About White Ash Holdings LLC White Ash Holdings LLC is a holdings and investment company engaged in managing business and financial assets. White Ash Holdings LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Ind. Case No. 26-03248) on May 20, 2026. In its petition, the Debtor reports estimated assets of $1MM to $10MM and estimated liabilities of $1MM to $10MM. Honorable Bankruptcy Judge James M. Carr handles the case. The Debtor is represented by Eric C. Redman, Esq. of Ludwig & Associates, PC. WHOLESALE PROPERTY: To Sell Belote Property to Oakwood Property --------------------------------------------------------------- Wholesale Property Depot LLC seeks permission from the U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 2329 Belote Pl, Jacksonville, FL 32207. No Chapter 11 Trustee has been appointed as of the date of the Motion. The Debtor is a Florida limited liability company, wholly owned and managed by Clay Jones and Erby Beauvais. Clayborn Jones and Erby Beauvais formed the Debtor on March 21, 2016. They planned for the Debtor to operate a real estate business. The Debtor has operated the real estate business continuously since March of 2016. On June 16, 2026, the Debtor entered into a Purchase and Sale Agreement with Oakwood Property Holdings, LLC or assigns to purchase the property for $560,000.00. The Debtor has determined that a sale of the property would result in an efficient and cost-effective manner of disposing of the estate's interest in the assets, while simultaneously creating a benefit to the bankruptcy estate and creditors of the Debtor. The Debtor had undertaken efforts to solicit offers from third parties prior to the filing of the Chapter 11 case and is the best and highest offer for the corporate assets. The sale of the property made pursuant to this Order shall be "AS-IS WHERE IS WITH ALL FAULTS." The lienholders of the Property are Kiavi Funding and the real property taxes. The Debtor does not believe there to be any additional liens on or interests in the property. The Buyer is an uninterested third-party and does not have any relationship with the Debtor or any estate professionals and requests the Buyer be afforded the protections. About Wholesale Property Depot LLC Wholesale Property Depot LLC is a Florida limited liability company, wholly owned and managed by Clay Jones and Erby Beauvais. Wholesale Property Depot sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D.Fla. Case No.: 3:26-bk-02885-JAB) on June 29, 2026. Bryan K. Mickler at Mickler & Mickler, represents the Debtor as legal counsel. WHOLESALE PROPERTY: To Sell Jacksonville Property to G. & J. Liboy ------------------------------------------------------------------ Wholesale Property Depot LLC seeks permission from the U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 9414 Carbondale Dr. E., Jacksonville, FL 32208. No Chapter 11 Trustee has been appointed as of the date of the Motion. The Debtor is a Florida limited liability company, wholly owned and managed by Clay Jones and Erby Beauvais. Clayborn Jones and Erby Beauvais formed the Debtor on March 21, 2016. They planned for the Debtor to operate a real estate business. The Debtor has operated the real estate business continuously since March of 2016. On June 25, 2026, the Debtor entered into a Purchase and Sale Agreement with Gabriela Michelle Ruiz Liboy and Javier Alexis Ruiz Liboy or assigns to purchase the property for $275,000.00. The Debtor has determined that a sale of the property would result in an efficient and cost-effective manner of disposing of the estate’s interest in the assets, while simultaneously creating a benefit to the bankruptcy estate and creditors of the Debtor. The lienholders of the Property are Shellpoint Mortgage and the 2026 pro-rated property tax debt. The Debtor does not believe there to be any additional liens on or interests in the property. The Buyer is an uninterested third-party and does not have any relationship with the Debtor or any estate professionals and requests the Buyer be afforded the protections. About Wholesale Property Depot LLC Wholesale Property Depot LLC is a Florida limited liability company, wholly owned and managed by Clay Jones and Erby Beauvais. Wholesale Property Depot sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D.Fla. Case No.: 3:26-bk-02885-JAB) on June 29, 2026. Bryan K. Mickler at Mickler & Mickler, represents the Debtor as legal counsel. WORKSPORT LTD: Keeps Full Compliance With Nasdaq Bid Price Rule --------------------------------------------------------------- Worksport Ltd. announced that its common stock closed above $1.00 on June 24, 2026, which the Company believes keeps Worksport in full compliance with Nasdaq's minimum bid price requirement, and represents a 75% increase in five trading days. Stronger Operating Foundation Over the past several weeks, the Company has announced multiple developments that are believed to support a stronger operating foundation, improved market positioning, and an increasingly visible path toward operational cash flow positivity: * Operational progress: Worksport announced preliminary May 2026 gross margin of approximately 35%, up ~660 basis points from 28.4% in Q1 2026, reflecting continued manufacturing efficiency, pricing discipline, and operating leverage, despite domestic inflation of aluminum, a core component of its tonneau covers. * Distribution expansion: The Company announced Meyer Distributing as a new national distribution partner, expanding Worksport's access to a broader base of dealers, installers, and aftermarket resellers across North America. * Revenue opportunity: Worksport is projecting a $36+ million 12-month annual run rate target supported by B2C activity, expanding B2B distribution, new product launches, and channel ramp-up. Current 2026 revenue run-rate is growing healthily, at $21+ million. * Premium-priced capital: The Company recently completed two direct investments, including one priced at a premium to then-recent trading levels, while also receiving expressed investor interest in evaluating additional financing of up to $10 million, subject to customary conditions. * Insider alignment: On June 9, 2026, Founder and CEO Steven Rossi elected to receive additional Company shares in lieu of cash compensation, the second time this year, reinforcing his stated confidence in Worksport's long-term value creation opportunity. CEO Letter to Shareholders "Over the last several weeks, Worksport has released some of the most important updates in our Company's recent history," said Steven Rossi. "We achieved a preliminary 35% gross margin in May, setting a new record, added Meyer Distributing as a major multi-national master distribution partner, outlined a $36+ million annualized revenue opportunity, secured premium-priced capital, and saw our shares close back above $1.00 on June 24. We believe these are meaningful milestones, and shareholders deserve a clear explanation of how they connect." Mr. Rossi continued, "Nasdaq compliance is important, but our deeper focus remains on building the business behind the ticker. Worksport today is operating from a much stronger foundation than it was one year ago: margins have improved, distribution is expanding, B2C demand remains active, B2B channels are growing, and our newly launched NEXUS tonneau cover is contributing to a broader commercial strategy. We believe these are the ingredients that can support our stated goal of achieving initial operational cash-flow positivity within 2026." "This town hall is intended to be direct, transparent, and useful," Mr. Rossi added. "It is the place for shareholders to ask questions, hear from management, and better understand what we believe is ahead for Worksport. We intend to discuss our revenue trajectory, margin growth, distributor onboarding, NEXUS traction, SOLIS and COR progress, OE-focused opportunities, and how we are evaluating potential business development opportunities and accretive strategic synergies that could strengthen the Company's platform over time." Mr. Rossi concluded, "Worksport's objective is clear: grow revenue, expand margins, convert inventory, strengthen distribution, continue advancing our intellectual property-backed product portfolio, and build long-term shareholder value. We believe Worksport has entered an important inflection point." Terravis Energy and Broader Product Platform In addition to Worksport's core tonneau cover, SOLIS solar cover, and COR portable power strategies, the Company continues to actively develop its Terravis Energy subsidiary. Terravis remains focused on highly efficient heating and cooling technologies, including its patented ZeroFrost™ heat-pump technology. Management currently expects product certification during the second half of 2026, subject to testing, certification timing, and other customary development considerations. Worksport believes its broader product platform, spanning truck accessories, solar integrations, portable energy systems, and clean heating and cooling solutions, provides multiple long-term growth pathways. About Worksport Ltd. West Seneca, N.Y.-based Worksport Ltd., through its subsidiaries, designs, develops, manufactures, and owns intellectual property on a portfolio of tonneau cover, solar integration, portable power station, and NP (Non-Parasitic), Hydrogen-based green energy products and solutions for the automotive aftermarket accessories, power storage, residential heating, and electric vehicle-charging industries. Buffalo, N.Y.-based Lumsden & McCormick, LLP, the Company's auditor since 2022, issued a "going concern" qualification in its report dated March 26, 2026, saying "The Company has experienced recurring net losses that raise substantial doubt about the Company's ability to continue as a going concern. Upon analysis of the Company's current financial situation and projected outlooks, we believe there is substantial doubt about the Company's ability to continue as a going concern." As of March 31, 2026, the Company had $27.88 million in total assets, $7.90 million in total liabilities, and $19.98 million in total stockholders' equity. WORKSPORT LTD: Raises $723K in Registered Direct Offerings ---------------------------------------------------------- Worksport Ltd. announced in a regulatory filing that it entered into a securities purchase agreement with an investor, pursuant to which the Company agreed to issue and sell to the Purchaser in a registered direct offering: (i) 208,333 shares of the Company's common stock, par value $0.001 per share, at an offering price of $1.20 per unit (each unit consisting of one share and one Common Warrant, as defined herein), and (ii) common stock purchase warrants to purchase up to 208,333 shares of Common Stock (or up to 291,667 shares of Common Stock upon cashless exercise), for aggregate gross proceeds of $250,000, before deducting placement agent fees and other offering expenses payable by the Company. The First Offering closed on June 18, 2026. The Common Warrants have an exercise price of $1.50 per share, are immediately exercisable, and will expire on the fifth anniversary of the date of issuance. The Common Warrants include a cashless exercise feature pursuant to which the holder is entitled to receive 1.4 shares of Common Stock for each share of Common Stock for which the warrant is being exercised, without payment of the exercise price. The cashless exercise feature is available at all times regardless of whether there is an effective registration statement covering the Warrant Shares. The Common Warrants contain an ownership limitation pursuant to which the holder does not have the right to exercise any portion of the Common Warrants if it would result in the holder (together with its affiliates) beneficially owning more than 4.99% (or, upon election by the holder, 9.99%) of the Company's outstanding Common Stock. The First Offering Shares and the Warrant Shares are being offered pursuant to the Company's shelf registration statement on Form S-3 (File No. 333-291582) that was declared effective by the Securities and Exchange Commission on December 12, 2025, and a prospectus supplement dated June 18, 2026, which was filed with the Commission pursuant to Rule 424(b)(5) under the Securities Act of 1933, as amended. Placement Agency Agreement In connection with the First Offering, the Company also entered into a placement agency agreement with D. Boral Capital LLC, pursuant to which the Placement Agent agreed to serve as the exclusive placement agent for the Company in connection with the First Offering on a "reasonable best efforts" basis. Pursuant to the Placement Agency Agreement, the Company agreed to pay the Placement Agent a cash fee equal to 7% of the aggregate gross proceeds of the First Offering. Pursuant to the terms of the First Purchase Agreement, until ten (10) Trading Days following the closing date, the Company agreed not to issue (or enter into any agreement to issue) any shares of Common Stock or Common Stock Equivalents (as defined in the First Purchase Agreement), subject to certain exceptions, including an exception for follow-on transactions with the Purchaser and Exempt Issuances (as defined in the First Purchase Agreement). The Purchaser subsequently waived such restrictions in connection with the Second Offering. Second Purchase Agreement On June 18, 2026, the Company entered into a second securities purchase agreement with the same Purchaser, pursuant to which the Company agreed to issue and sell to the Purchaser in a separate registered direct offering 675,529 shares of Common Stock at an offering price of $0.70 per share, for aggregate gross proceeds of approximately $472,870, before deducting Placement Agent fees and other offering expenses payable by the Company. The Second Offering also closed on June 18, 2026. No warrants or other derivative securities were issued in connection with the Second Offering. The Company intends to use the net proceeds from both offerings for working capital and general corporate purposes. The Second Offering Shares are being offered pursuant to the Registration Statement and a prospectus supplement dated June 18, 2026, which was filed with the Commission pursuant to Rule 424(b)(5) under the Securities Act. The Placement Agent is entitled to a cash fee equal to 5% of the aggregate gross proceeds of the Second Offering pursuant to the tail financing provisions of the Placement Agency Agreement entered into in connection with the First Offering, as the Purchaser was introduced to the Company by the Placement Agent during the term of such agreement. The First Purchase Agreement, the Placement Agency Agreement, and form of Common Warrant are available at https://tinyurl.com/ycxy6xsp, https://tinyurl.com/4vm6cdzm, and https://tinyurl.com/bdfc52zw, respectively. The Second Purchase Agreement is available at https://tinyurl.com/mut2vncw About Worksport Ltd. West Seneca, N.Y.-based Worksport Ltd., through its subsidiaries, designs, develops, manufactures, and owns intellectual property on a portfolio of tonneau cover, solar integration, portable power station, and NP (Non-Parasitic), Hydrogen-based green energy products and solutions for the automotive aftermarket accessories, power storage, residential heating, and electric vehicle-charging industries. Buffalo, N.Y.-based Lumsden & McCormick, LLP, the Company's auditor since 2022, issued a "going concern" qualification in its report dated March 26, 2026, saying "The Company has experienced recurring net losses that raise substantial doubt about the Company's ability to continue as a going concern. Upon analysis of the Company's current financial situation and projected outlooks, we believe there is substantial doubt about the Company's ability to continue as a going concern." As of March 31, 2026, the Company had $27.88 million in total assets, $7.90 million in total liabilities, and $19.98 million in total stockholders' equity. Y & Q HOME: Section 341(a) Meeting of Creditors on July 29 ---------------------------------------------------------- On June 26, 2026, Y & Q Home Plus LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Western District of Pennsylvania. According to the court filing, the Debtor reports between $1 million and $10 million in debt owed to 1–49 creditors. A meeting of creditors under Section 341(a) to be held on July 29, 2026 at 10:00 AM 341 Zoom Buchanan - Meeting ID 165 548 6893, Passcode 5416896781, Phone 1-202-798-6606. The court has set September 24, 2026, as the deadline for the Small Business Subchapter V plan and December 23, 2026, for the Government Proof of Claim. About Y & Q Home Plus LLC Y & Q Home Plus LLC is a Pittsburgh, Pennsylvania-based retailer specializing in kitchen and bath home furnishings. The company operates a showroom in Pittsburgh and offers custom cabinetry and shelving installation services for residential customers. Y & Q Home Plus LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. not provided) on June 26, 2026. In its petition, the Debtor reports estimated assets between $100,000 and $500,000 and estimated liabilities between $1 million and $10 million. The Debtor is represented by Michael P. Kruszewski, Esq. of Leech Tishman Fuscaldo & Lampl, LLC. YESCARE CORP: To Permanently Shutter Tenn. HQ, Cut 150 Jobs ----------------------------------------------------------- Ashleigh Hollowell of Health reports that correctional healthcare provider YesCare plans to permanently shut down its Brentwood, Tennessee, headquarters and eliminate 150 positions as it winds down operations under Chapter 11 bankruptcy protection. Layoffs will occur in multiple phases between June 22 and August 31, according to a WARN notice filed with state labor officials. Employees are not covered by a collective bargaining agreement. The closure follows the company's May 8, 2026 bankruptcy filing, in which YesCare disclosed $50 million to $100 million in assets and $100 million to $500 million in liabilities. The restructuring was triggered by several financial setbacks, including a default on a $50 million settlement, the termination of a five-year, more than $1 billion Alabama prison healthcare contract, and a $307.5 million jury award arising from inmate injury litigation. Court filings state the company intends to use accounts receivable collections to fund operations during the bankruptcy process, the report relays. YesCare emerged in 2023 after Corizon Health transferred its operating assets into the newly created company while leaving legacy litigation liabilities behind. The correctional healthcare provider continued delivering behavioral health, medical, and dental services to hundreds of correctional facilities across the United States following the restructuring, according to report. The bankruptcy has drawn objections from creditors seeking to relocate the proceedings to Texas, while advocacy organizations have pointed to the company's long history of litigation involving inmate healthcare. The case adds to a growing number of financially distressed behavioral health providers seeking bankruptcy protection amid rising legal liabilities and operational challenges, the report cites. About YesCare Corp. YesCare Corp. is a correctional healthcare company. YesCare Corp. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01089) on May 8, 2026. In its petition, the Debtor reports estimated assets between $50 million and $100 million and estimated liabilities between $100 million and $500 million. Honorable Bankruptcy Judge Luis Ernesto Rivera II handles the case. The Debtor is represented by Michael R. Dal Lago, Esq. of Dal Lago Law. Polsinelli PC serves as general bankruptcy counsel. The Debtor tapped David Goldwasser of FIA Capital Partners, LLC as financial advisor and Omni Agent Solutions, Inc. as claims agent. Z SQUARED: Plans $5M Preferred-Stock Deal for Paradox ----------------------------------------------------- Z Squared Inc. entered into a binding letter of intent to acquire a majority membership interest in Paradox Data LLC, according to a Form 8-K filing with the Securities and Exchange Commission. Paradox is a digital infrastructure company focused on high-density, immersion-cooled compute for data-intensive workloads. Under the proposed transaction, Z Squared would issue the sellers shares of newly designated Series D convertible preferred stock with an aggregate initial liquidation preference of $5 million. The company said the transaction would be structured entirely in Series D preferred stock, with no cash consideration and no debt financing. The proposed deal is subject to definitive transaction documents, completion of Z Squared's due diligence, vesting in Paradox of specified technology, land and operational power capacity, required consents and approvals, and other customary closing conditions. Z Squared said the transaction also may require stockholder approval under Nasdaq listing rules and is subject to a July 31 drop-dead date. The company said there can be no assurance the transaction will be completed on the described terms or at all. About Z Squared Inc. Z Squared Inc. is a biopharmaceutical and technology company that owns, acquires and develops cell therapy technologies for cancer and other diseases. Its programs include CD38-GEAR-NK, an autologous, gene-edited natural killer cell-based therapeutic concept, and CD38-Diagnostic, an in vitro diagnostic tool for identifying cancer patients who may be appropriate candidates for anti-CD38 monoclonal antibody therapy. In an audit report dated March 19, 2026, Astra Audit and Advisory LLC included a going-concern paragraph, citing net losses, negative operating cash flows and working capital deficits. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the company reported total assets of $19.79 million, total liabilities of $2.21 million and stockholders' equity including noncontrolling interest of $17.58 million. ZYYAH LLC: Seeks Chapter 11 Bankruptcy in Texas ----------------------------------------------- On June 29, Zyyah LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Northern District of Texas. According to court filing, the Debtor reports between $10 million and $50 million in debt owed to unsecured and secured creditors. The Chapter 11 plan and accompanying disclosure statement must be filed by October 27, 2026. About Zyyah LLC Zyyah LLC is a Rockwall, Texas-based proptech startup that provides a home management software platform designed to streamline residential property operations. Zyyah LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-32821) on June 29. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge Scott W. Everett handles the case. The Debtor is represented by Thomas Daniel Berghman, Esq. of Munsch Hardt Kopf & Harr P.C. [] Arkansas Tops in 2025 Farm Bankruptcies ------------------------------------------ Talk Business & Politics reports that Arkansas led the nation in Chapter 12 farm bankruptcies in 2025 after farmers filed 33 bankruptcy cases, according to the American Farm Bureau Federation. The total more than doubled from the previous year, highlighting mounting financial pressure across the state's agricultural sector. While Chapter 12 provides farmers with an opportunity to restructure debt and continue operating, economists say worsening market conditions could lead to additional filings in the coming year. The University of Arkansas Division of Agriculture and the Rural & Farm Finance Policy Analysis Center forecast Arkansas' net farm income at $3.38 billion in 2026, compared with $3.32 billion in 2025. Despite the modest increase, total agricultural receipts are expected to fall to $11.8 billion, reflecting weaker commodity prices and declining crop revenues. Rising fertilizer and fuel costs tied to geopolitical developments are also expected to increase production expenses, the report relays. Extension economist Hunter Biram said Arkansas crop producers have struggled to generate positive returns for most of the past decade, with the largest losses occurring in 2024 and 2025. He noted that government support payments are projected to increase to $1.75 billion, providing critical financial assistance as producers contend with persistently low commodity prices and elevated operating costs. Livestock income is projected to decline as lower egg receipts offset gains in poultry and cattle production. Soybeans remain the only major crop expected to post higher revenues in 2026, while receipts from rice, cotton, and corn are forecast to decline. The report concludes that farm profitability is becoming increasingly dependent on government assistance rather than market-driven growth, according to report. [] Dechert Adds Klingbaum, Harris to Lead Capital Solutions Team ---------------------------------------------------------------- Dechert LLP announced on June 29, 2026, that Leonard Klingbaum and Jennifer Harris, two leading practitioners in special situations finance, liability management and distressed capital markets, have joined the firm as partners. Mr. Klingbaum will head the firm's new cross-disciplinary capital solutions team that will work with the full breadth of Dechert's capabilities across private credit, capital markets, private equity and restructuring. Together, Mr. Klingbaum and Ms. Harris bring decades of combined experience in special situations and distressed finance. Their arrival strengthens Dechert's bi-coastal presence, with Mr. Klingbaum based in New York and Ms. Harris in Los Angeles, extending the firm's reach to serve clients across both the East and West Coast financial markets. The team will advise asset managers, companies and sponsors across the spectrum of capital deployment - from financing strategy, direct lending and liability management to distressed M&A and special situation transactions at every level of the capital stack and every stage of the investment. "Attracting talent like Leonard and Jennifer is central to how we continue to meet our clients' increasingly complex needs across a very sophisticated investment landscape," said Mark Thierfelder, Dechert co-chair. "They are deeply respected across the industry and bring a breadth of experience and client relationships that will be incredibly additive to our platform." "Leonard and Jennifer bring a rare combination of capabilities that enable us to advise clients seamlessly across the full lifecycle of their investments, from deal origination through execution and beyond," said Michael Poulos, vice chair and global head of strategy. "They deepen our bench in New York and Los Angeles and position our practice to meet the growing scale and complexities of the market." Named by Forbes among "America's Top 200 Lawyers" (2024-2025), and ranked as one of "America's Leading Lawyers for Business" by Chambers USA and "highly regarded" by IFLR1000, Mr. Klingbaum brings an extensive track record advising credit funds, direct lenders and borrowers on event-driven and opportunistic financing, special situations and liability management transactions, workouts, restructurings and insolvency matters across lending, high-yield and mezzanine transactions from the lower middle market to large cap. "Dechert has built one of the premier platforms in the world serving asset managers and borrowers, and I am excited to join a firm with such exceptional talent, global reach and a strong client base," said Mr. Klingbaum. "The opportunity to deepen the firm's capital solutions capabilities alongside Jennifer, who brings exceptional experience, makes this a very exciting time, and we look forward to contributing to the firm's continued momentum." Ms. Harris is a finance practitioner whose practice focuses on credit opportunities, intercreditor relationships and esoteric finance transactions, including distressed and structured financing, liability management, workouts and special situations lending such as DIPs and exit financings, FILOs, second lien and mezzanine financing, across a wide array of industries. She has been recognized in The Legal 500. The additions of Mr. Klingbaum and Ms. Harris are among over 45 lateral partners the firm has welcomed this year, including the recent addition of several restructuring partners, underscoring the firm's accelerating momentum in recruiting market-leading talent. Their arrival reflects Dechert's focused strategy of deepening its steeples of excellence across litigation, investment management, finance and restructuring, capital markets and securitization, and mergers and acquisitions. Dechert has long advised asset management clients specializing in private credit, helping them to innovate and thrive as the industry has grown into a complex and diverse multi-trillion-dollar market. The firm creates value on the full spectrum of strategies and sub-strategies, including asset-based, distressed debt, permanent capital, direct lending, subordinated debt, specialty financing, special situations and venture debt. With more than 80% of Private Debt Investor's top 100 private credit firms as clients, Dechert offers market-leading fund formation, financing, regulatory, M&A and tax experience across the U.S., Europe, the Middle East and Asia. About Dechert Dechert is the law ﬁrm that helps business leaders lead. For more than 150 years, Dechert has advised clients on critical issues - from high-stakes litigation to ﬁrst-in-market transaction structures and complex regulatory matters. Dechert's lawyers in commercial centers worldwide are immersed in the key sectors it serves - ﬁnancial services, private capital, real estate, life sciences and technology. Dechert delivers unwavering partnership so its clients can achieve unprecedented results. RUBENSTEIN COMMUNICATIONS Rachel Tuman, Senior Account Executive Office: (212) 843-9231 Cell: (201) 618-9233 www.rubenstein.com [] Piper Sandler Expands Restructuring Group With John D'Amico -------------------------------------------------------------- Piper Sandler Companies, a leading investment bank, is pleased to announce the addition of John D'Amico as a managing director in the Piper Sandler restructuring group. D'Amico will be focused on advising a broad range of clients in complex restructurings and special situation transactions. With approximately 25 years of investment banking and corporate advisory experience, D'Amico has advised companies, boards of directors, official and ad hoc creditor committees, labor unions and other stakeholders across multiple industries in complex Chapter 11 and out-of-court restructurings, mergers and acquisitions, financing and special situation transactions. "We are excited to welcome John to Piper Sandler. His track record of delivering results for stakeholders navigating complex situations will be invaluable as we continue to grow the firm's restructuring practice," said Matthew Mintzer, managing director and global co-head of the Piper Sandler restructuring group. "I'm thrilled to join Piper Sandler and the talented group of professionals on the restructuring team. The firm's excellent restructuring platform and its ability to deliver creative solutions for clients make this an ideal franchise for me to join," said D'Amico. Prior to joining Piper Sandler, D'Amico was a senior member of the restructuring groups of Miller Buckfire and Jefferies. Prior to that, he was a director of business development at Clear Channel Communications focusing on M&A and real estate investments. He began his career as an investment banker covering media & entertainment at ING Barings Furman Selz. He holds a Master of Business Administration degree from New York University and a bachelor's degree in business administration from the University of Michigan. ABOUT PIPER SANDLER Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership(R). Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; in the EU through Aviditi Capital Advisors Europe GmbH, a tied agent of AHP Capital Management GmbH, authorized and regulated by BaFin; in the Abu Dhabi Global Market through Piper Sandler MENA Ltd., authorized and regulated by the ADGM Financial Services Regulatory Authority. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates. [] Sherwood Partners Joins EisnerAmper in July 2026 Combination --------------------------------------------------------------- The partners and staff of Sherwood Partners, Inc., known as the Gold Standard for Assignment for the Benefit of Creditors, are joining global business advisor EisnerAmper in a combination expected to close in July 2026. Founded in 1992 and headquartered in Santa Clara, CA -- in the heart of Silicon Valley -- Sherwood Partners also has offices in Los Angeles and New York City. The firm's 30 professionals provide assignments for the benefit of creditors (ABCs), corporate restructuring, receiverships, managed liquidations, intellectual property monetization, distressed asset management, and financial advisory services. It services multiple sectors, including technology, life sciences, fintech, cleantech, consumer products, retail, manufacturing, and professional services. Sherwood also works closely with venture capital, private equity, and financial and legal institutions. "For 30-plus years, Sherwood Partners has turned complexity into clarity and been the trusted choice for organizations and investors navigating their most difficult challenges," said Managing Partner of Sherwood Partners Martin Pichinson. "Experience matters, and clients know exactly what they're getting from us. That same commitment to excellence is what makes EisnerAmper the ideal partner, and the expanded menu of services we can now offer clients makes this combination even more compelling." "ABCs, receiverships, liquidations, IP monetization, and distressed asset management require experienced, steady hands--such as those at Sherwood Partners," said EisnerAmper Partner and National Director of the Financial Advisory Services Group Allen Wilen. "This combination significantly enhances our advisory capabilities, and we're excited to welcome the Sherwood team to the EisnerAmper family." About EisnerAmper EisnerAmper, one of the largest business consulting firms in the world, is comprised of EisnerAmper LLP, a licensed independent CPA firm that provides client attest services; and Eisner Advisory Group LLC, an alternative practice structure that provides business advisory and non-attest services in accordance with all applicable laws, regulations, standards, and codes of conduct. EisnerAmper is a top 15 firm whose clients span all sectors and leverage a complete menu of services. Its combined entities include approximately 475 partners and 4,700 employees. Contact: David Plaskow Tel: (732) 243-7730 Email: david.plaskow@eisneramper.com [] Two New Partners Join Dechert LLP's Capital Solutions Team ------------------------------------------------------------- Dechert LLP announced that Leonard Klingbaum and Jennifer Harris, two leading practitioners in special situations finance, liability management and distressed capital markets, have joined the firm as partners. Mr. Klingbaum will head the firm's new cross-disciplinary capital solutions team that will work with the full breadth of Dechert's capabilities across private credit, capital markets, private equity and restructuring. Together, Mr. Klingbaum and Ms. Harris bring decades of combined experience in special situations and distressed finance. Their arrival strengthens Dechert's bi-coastal presence, with Mr. Klingbaum based in New York and Ms. Harris in Los Angeles, extending the firm's reach to serve clients across both the East and West Coast financial markets. The team will advise asset managers, companies and sponsors across the spectrum of capital deployment – from financing strategy, direct lending and liability management to distressed M&A and special situation transactions at every level of the capital stack and every stage of the investment. "Attracting talent like Leonard and Jennifer is central to how we continue to meet our clients' increasingly complex needs across a very sophisticated investment landscape," said Mark Thierfelder, Dechert co-chair. "They are deeply respected across the industry and bring a breadth of experience and client relationships that will be incredibly additive to our platform." "Leonard and Jennifer bring a rare combination of capabilities that enable us to advise clients seamlessly across the full lifecycle of their investments, from deal origination through execution and beyond," said Michael Poulos, vice chair and global head of strategy. "They deepen our bench in New York and Los Angeles and position our practice to meet the growing scale and complexities of the market." Named by Forbes among "America's Top 200 Lawyers" (2024-2025), and ranked as one of "America's Leading Lawyers for Business" by Chambers USA and "highly regarded" by IFLR1000, Mr. Klingbaum brings an extensive track record advising credit funds, direct lenders and borrowers on event-driven and opportunistic financing, special situations and liability management transactions, workouts, restructurings and insolvency matters across lending, high-yield and mezzanine transactions from the lower middle market to large cap. "Dechert has built one of the premier platforms in the world serving asset managers and borrowers, and I am excited to join a firm with such exceptional talent, global reach and a strong client base," said Mr. Klingbaum. "The opportunity to deepen the firm's capital solutions capabilities alongside Jennifer, who brings exceptional experience, makes this a very exciting time, and we look forward to contributing to the firm's continued momentum." Ms. Harris is a finance practitioner whose practice focuses on credit opportunities, intercreditor relationships and esoteric finance transactions, including distressed and structured financing, liability management, workouts and special situations lending such as DIPs and exit financings, FILOs, second lien and mezzanine financing, across a wide array of industries. She has been recognized in The Legal 500. The additions of Mr. Klingbaum and Ms. Harris are among over 45 lateral partners the firm has welcomed this year, including the recent addition of several restructuring partners, underscoring the firm's accelerating momentum in recruiting market-leading talent. Their arrival reflects Dechert's focused strategy of deepening its steeples of excellence across litigation, investment management, finance and restructuring, capital markets and securitization, and mergers and acquisitions. Dechert has long advised asset management clients specializing in private credit, helping them to innovate and thrive as the industry has grown into a complex and diverse multi-trillion-dollar market. The firm creates value on the full spectrum of strategies and sub-strategies, including asset-based, distressed debt, permanent capital, direct lending, subordinated debt, specialty financing, special situations and venture debt. With more than 80% of Private Debt Investor's top 100 private credit firms as clients, Dechert offers market-leading fund formation, financing, regulatory, M&A and tax experience across the U.S., Europe, the Middle East and Asia. [^] Recent Small-Dollar & Individual Chapter 11 Filings ------------------------------------------------------- In re EGO Collision Center Corp Bankr. S.D. Fla. Case No. 26-17795 Chapter 11 Petition filed June 15, 2026 See https://www.pacermonitor.com/view/WIVNSXI/EGO_Collision_Center_Corp__flsbke-26-17795__0001.0.pdf?mcid=tGE4TAMA represented by: Aramis Hernandez, Esq. MIAMI LEGAL CENTER E-mail: info@miamilegalcenter.com In re S & S Masonry, Inc. Bankr. W.D. La. Case No. 26-80409 Chapter 11 Petition filed June 15, 2026 See https://www.pacermonitor.com/view/2TNUSGY/S__S_Masonry_Inc__lawbke-26-80409__0001.0.pdf?mcid=tGE4TAMA represented by: Thomas R. Willson, Esq. ROCKY WILLSON LAW OFFICE E-mail: rocky@rockywillsonlaw.com In re 414 East 115 LLC Bankr. E.D.N.Y. Case No. 26-42921 Chapter 11 Petition filed June 15, 2026 See https://www.pacermonitor.com/view/UWHFEHY/414_East_115_LLC__nyebke-26-42921__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re MBA Investments, LLC Bankr. D. Ariz. Case No. 26-05919 Chapter 11 Petition filed June 16, 2026 See https://www.pacermonitor.com/view/WIU57ZI/MBA_INVESTMENTS_LLC__azbke-26-05919__0001.0.pdf?mcid=tGE4TAMA represented by: Allan D. NewDelman, Esq. ALLAN D. NEWDELMAN, P.C. E-mail: anewdelman@adnlaw.net In re Upward Ag Systems LLC Bankr. D. Neb. Case No. 26-40665 Chapter 11 Petition filed June 16, 2026 See https://www.pacermonitor.com/view/MPQNN7Y/Upward_Ag_Systems_LLC__nebke-26-40665__0001.0.pdf?mcid=tGE4TAMA represented by: James C. Bocott, Esq. LAW OFFICE OF JAMES C. BOCOTT, P.C., L.L.O. E-mail: james@bocottlaw.com In re Money Moves Trading LLC Bankr. N.D.N.Y. Case No. 26-10664 Chapter 11 Petition filed June 16, 2026 See https://www.pacermonitor.com/view/EZTYTHY/Money_Moves_Trading_LLC__nynbke-26-10664__0001.0.pdf?mcid=tGE4TAMA represented by: Michael Ready Treanor Jr., Esq. TREANOR LAW OFFICES PLLC E-mail: mtreanor@treanor-advocacy.com In re Sunrise ABA & Autism Services, LLC Bankr. M.D.N.C. Case No. 26-10466 Chapter 11 Petition filed June 16, 2026 See https://www.pacermonitor.com/view/JW2PMXY/Sunrise_ABA__Autism_Services__ncmbke-26-10466__0001.0.pdf?mcid=tGE4TAMA represented by: Samantha K. Brumbaugh, Esq. IVEY, MCCLELLAN, SIEGMUND, BRUMBAUGH & MCDONOUGH, LLP E-mail: skb@iveymcclellan.com In re Nichols Strategies, LLC Bankr. E.D. Cal. Case No. 26-23467 Chapter 11 Petition filed June 17, 2026 See https://www.pacermonitor.com/view/C5HHCHA/Nichols_Strategies_LLC__caebke-26-23467__0001.0.pdf?mcid=tGE4TAMA represented by: Stephan M. Brown, Esq. THE BANKRUPTCY GROUP, P.C. E-mail: ECF@thebklawoffice.com In re Euisung Kim Bankr. N.D. Cal. Case No. 26-30550 Chapter 11 Petition filed June 17, 2026 represented by: Robert Harris, Esq. BINDER MALTER HARRIS & ROME-BANKS LLP In re Eduardo Arturo Paniagua and Elena Asturias Bankr. N.D. Cal. Case No. 26-30549 Chapter 11 Petition filed June 17, 2026 represented by: Arasto Farsad, Esq. In re Flywheel Yale LLC Bankr. D. Colo. Case No. 26-14367 Chapter 11 Petition filed June 17, 2026 See https://www.pacermonitor.com/view/ZKYBARQ/Flywheel_Yale_LLC__cobke-26-14367__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re The Geary Stephen Simon 2016 Trust Agreement Bankr. D.D.C. Case No. 26-00320 Chapter 11 Petition filed June 17, 2026 See https://www.pacermonitor.com/view/KGNVQ2I/The_Geary_Stephen_Simon_2016_Trust__dcbke-26-00320__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Andrew Michael Gross Bankr. M.D. Fla. Case No. 26-01490 Chapter 11 Petition filed June 17, 2026 represented by: Carmen Dellutri, Esq. In re JJ&D Investments LLC Bankr. D. Nev. Case No. 26-13794 Chapter 11 Petition filed June 17, 2026 See https://www.pacermonitor.com/view/VJTRQXQ/JJD_INVESTMENTS_LLC__nvbke-26-13794__0001.0.pdf?mcid=tGE4TAMA represented by: David A. Riggi, Esq. RIGGI LAW FIRM E-mail: riggilaw@gmail.com In re Shane Andrew Willis Bankr. D. Ore. Case No. 26-61658 Chapter 11 Petition filed June 17, 2026 represented by: Keith Boyd, Esq. KEITH Y. BOYD P.C. In re Mary Janes Secret Garden, LLC Bankr. W.D. Okla. Case No. 26-12031 Chapter 11 Petition filed June 17, 2026 See https://www.pacermonitor.com/view/IXZZFAI/Mary_Janes_Secret_Garden_LLC__okwbke-26-12031__0001.0.pdf?mcid=tGE4TAMA represented by: Robert Newark, Esq. NEWARK LAW OFFICES E-mail: robert@newarkfirm.com In re Davenn LLC Bankr. S.D. Tex. Case No. 26-34311 Chapter 11 Petition filed June 17, 2026 See https://www.pacermonitor.com/view/WADFR7I/Davenn_LLC__txsbke-26-34311__0001.0.pdf?mcid=tGE4TAMA represented by: Jorge Aguilar, Esq. HERRIN LAW, PLLC E-mail: jaguilar@herrinlaw.com In re Dallas R Smith Bankr. W.D. Ark. Case No. 26-71203 Chapter 11 Petition filed June 18, 2026 represented by: Carl Hopkins, Esq. In re James R. Eliaser Bankr. C.D. Cal. Case No. 26-16128 Chapter 11 Petition filed June 18, 2026 represented by: Leslie Cohen, Esq. In re 15 Ltd. Bankr. D. Colo. Case No. 26-14424 Chapter 11 Petition filed June 18, 2026 See https://www.pacermonitor.com/view/SKD4ECA/15_LTD__cobke-26-14424__0001.0.pdf?mcid=tGE4TAMA represented by: Gabrielle Palmer, Esq. ONSAGER FLETCHER JOHNSON PALMER LLC E-mail: gpalmer@ofjlaw.com In re 303 The Hill Ltd. Bankr. D. Colo. Case No. 26-14414 Chapter 11 Petition filed June 18, 2026 See https://www.pacermonitor.com/view/7BJBBZQ/303_THE_HILL_LTD__cobke-26-14414__0001.0.pdf?mcid=tGE4TAMA represented by: Aaron A. Garber, Esq. WADSWORTH GARBER WARNER CONRARDY, P.C. E-mail: agarber@wgwc-law.com In re Taqueria Y Antojitos El Guanaco LLC A Florida LLC Bankr. S.D. Fla. Case No. 26-18030 Chapter 11 Petition filed June 18, 2026 See https://www.pacermonitor.com/view/JAQI7RQ/TAQUERIA_Y_ANTOJITOS_EL_GUANACO__flsbke-26-18030__0001.0.pdf?mcid=tGE4TAMA represented by: Kris Aungst, Esq. PARAGON LAW, LLC E-mail: ka@paragonlaw.miami In re Lyudmila Kryvenko Bankr. E.D.N.Y. Case No. 26-42962 Chapter 11 Petition filed June 18, 2026 represented by: Alla Kachan, Esq. In re BQB Auto Outlet Inc. Bankr. E.D.N.Y. Case No. 26-42973 Chapter 11 Petition filed June 18, 2026 See https://www.pacermonitor.com/view/LTTR5JA/BQB_Auto_Outlet_Inc__nyebke-26-42973__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Nana's B&B LLC Bankr. E.D.N.Y. Case No. 26-42968 Chapter 11 Petition filed June 18, 2026 See https://www.pacermonitor.com/view/LXMLVXY/Nanas_BB_Llc__nyebke-26-42968__0001.0.pdf?mcid=tGE4TAMA represented by: Michael A. King, Esq. MICHAEL A. KING, ESQ. E-mail: Romeo1860@aol.com In re Crescent Co-Op Association Bankr. W.D. Okla. Case No. 26-12056 Chapter 11 Petition filed June 18, 2026 See https://www.pacermonitor.com/view/Y2RODWQ/Crescent_Co-Op_Association__okwbke-26-12056__0001.0.pdf?mcid=tGE4TAMA represented by: Gary D Hammond, Esq. HAMMOND LAW FIRM E-mail: gary@okatty.com In re Convertible Builders, LLC Bankr. M.D. Fla. Case No. 26-02771 Chapter 11 Petition filed June 19, 2026 See https://www.pacermonitor.com/view/LXROH7A/Convertible_Builders_LLC__flmbke-26-02771__0001.0.pdf?mcid=tGE4TAMA represented by: Anthony Chauncey, Esq. THE CHAUNCEY LAW FIRM, P.A. E-mail: awc@chaunceylaw.com In re The Gardens of Forest Lakes Condominium Association, Inc. Bankr. M.D. Fla. Case No. 26-05294 Chapter 11 Petition filed June 19, 2026 See https://www.pacermonitor.com/view/2R5DWPA/The_Gardens_of_Forest_Lakes_Condominium__flmbke-26-05294__0001.0.pdf?mcid=tGE4TAMA represented by: Daniel R. Fogarty, Esq. STICHTER, RIEDEL, BLAIN & POSTLER, P.A. E-mail: dfogarty@srbp.com In re Royal Product Group LLC Bankr. D.P.R. Case No. 26-02805 Chapter 11 Petition filed June 19, 2026 See https://www.pacermonitor.com/view/2CY3KIA/ROYAL_PRODUCT_GROUP_LLC__prbke-26-02805__0001.0.pdf?mcid=tGE4TAMA represented by: Juan C Bigas, Esq. JUAN C. BIGAS LAW E-mail: cortequiebra@yahoo.com In re Strong Abode Construction LLC Bankr. N.D. Tex. Case No. 26-42676 Chapter 11 Petition filed June 19, 2026 See https://www.pacermonitor.com/view/2NVMUYA/Strong_Abode_Construction_LLC__txnbke-26-42676__0001.0.pdf?mcid=tGE4TAMA represented by: Craig D. Davis, Esq. DAVIS, ERMIS & ROBERTS P.C. E-mail: davisdavisandroberts@yahoo.com In re Robert Lee Scherer and Sandra Lee Scherer Bankr. S.D. Tex. Case No. 26-34338 Chapter 11 Petition filed June 19, 2026 See https://www.pacermonitor.com/view/JP32QGA/Robert_Lee_Scherer_and_Sandra__txsbke-26-34338__0001.0.pdf?mcid=tGE4TAMA represented by: William Haddock, Esq. PENDERGRAFT & SIMON LLP E-mail: whaddock@pendergraftsimon.com In re Richard John Petrosa, II and Melissa Lynn Petrosa Bankr. S.D. Fla. Case No. 26-18116 Chapter 11 Petition filed June 20, 2026 represented by: Peter Shapiro, Esq. SHAPIRO LAW In re John Whitfield Mecom, III Bankr. S.D. Tex. Case No. 26-80430 Chapter 11 Petition filed June 20, 2026 represented by: Susan Adams, Esq. In re Lindy's On 4th Ave, LLC Bankr. D. Ariz. Case No. 26-06107 Chapter 11 Petition filed June 21, 2026 See https://www.pacermonitor.com/view/OPTCJQQ/LINDYS_ON_4TH_AVE_LLC__azbke-26-06107__0001.0.pdf?mcid=tGE4TAMA represented by: Jody A. Corrales, Esq. DECONCINI MCDONALD YETWIN & LACY, P.C. E-mail: jcorrales@dmyl.com In re Planet Agami Cab LLC Bankr. S.D.N.Y. Case No. 26-11458 Chapter 11 Petition filed June 21, 2026 See https://www.pacermonitor.com/view/CDV55VQ/Planet_Agami_Cab_LLC__nysbke-26-11458__0001.0.pdf?mcid=tGE4TAMA represented by: Adrienne Woods, Esq. WEINBERG ZAREH MALKIN PRICE LLP E-mail: awoods@wzmplaw.com In re Global Agami Cab LLC Bankr. S.D.N.Y. Case No. 26-11459 Chapter 11 Petition filed June 21, 2026 See https://www.pacermonitor.com/view/CZ5ZY2I/Global_Agami_Cab_LLC__nysbke-26-11459__0001.0.pdf?mcid=tGE4TAMA represented by: Adrienne Woods, Esq. WEINBERG ZAREH MALKIN PRICE LLP Email: awoods@wzmplaw.com In re Blake Charles Thorne Austin Bankr. D. Ariz. Case No. 26-06108 Chapter 11 Petition filed June 22, 2026 In re PNP, LLC Bankr. D. Colo. Case No. 26-14493 Chapter 11 Petition filed June 22, 2026 See https://www.pacermonitor.com/view/WZKLAHI/PNP_LLC__cobke-26-14493__0001.0.pdf?mcid=tGE4TAMA represented by: Payton L. Buhler, Esq. BELL, GOULD, LINDER & SCOTT P.C. E-mail: pbuhler@bell-law.com In re Paul Clarence Eder Bankr. N.D. Fla. Case No. 26-50126 Chapter 11 Petition filed June 22, 2026 In re Kimberly Kay Bosze Bankr. S.D. Fla. Case No. 26-18139 Chapter 11 Petition filed June 22, 2026 represented by: Mark Roher, Esq. In re Travelers Xpress Services Inc. Bankr. S.D. Fla. Case No. 26-18156 Chapter 11 Petition filed June 22, 2026 See https://www.pacermonitor.com/view/4LF32AQ/Travelers_Xpress_Services_Inc__flsbke-26-18156__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Chicago Heights Ayers LLC Bankr. N.D. Ill. Case No. 26-10378 Chapter 11 Petition filed June 22, 2026 See https://www.pacermonitor.com/view/EFEXNYI/Chicago_Heights_Ayers_LLC__ilnbke-26-10378__0001.0.pdf?mcid=tGE4TAMA represented by: Karen Walin, Esq. CHICAGO LEGAL LLC E-mail: kwalin@chicagolegalllc.com In re D L Investment company Bankr. N.D. Ill. Case No. 26-10406 Chapter 11 Petition filed June 22, 2026 See https://www.pacermonitor.com/view/XDKWYGI/D_L_investment_company__ilnbke-26-10406__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re 10 Berkley LLC Bankr. D.N.J. Case No. 26-17164 Chapter 11 Petition filed June 22, 2026 See https://www.pacermonitor.com/view/WY24N2Q/10_Berkley_LLC__njbke-26-17164__0001.0.pdf?mcid=tGE4TAMA represented by: George E. Veitengruber, III, Esq. VEITENGRUBER LAW LLC E-mail: bankruptcy@veitengruberlaw.com In re 10 Berkley LLC Bankr. D.N.J. Case No. 26-17164 Chapter 11 Petition filed June 22, 2026 See https://www.pacermonitor.com/view/WY24N2Q/10_Berkley_LLC__njbke-26-17164__0001.0.pdf?mcid=tGE4TAMA represented by: George E. Veitengruber, III, Esq. VEITENGRUBER LAW LLC E-mail: bankruptcy@veitengruberlaw.com In re Ian Woodrow White Bankr. S.D.N.Y. Case No. 26-22630 Chapter 11 Petition filed June 22, 2026 represented by: Robert Rattet, Esq. In re Pengol Hospitality II LLC Bankr. D. Ariz. Case No. 26-06167 Chapter 11 Petition filed June 23, 2026 See https://www.pacermonitor.com/view/YRDHO4Y/PENGOL_HOSPITALITY_II_LLC__azbke-26-06167__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Mirant Desai Bankr. W.D. Ark. Case No. 26-71233 Chapter 11 Petition filed June 23, 2026 represented by: Allison Bell, Esq. In re Luis Arturo Del Risco and Adriana Patricia Acosta Bankr. M.D. Fla. Case No. 26-01540 Chapter 11 Petition filed June 23, 2026 represented by: Andrew Wit, Esq. In re Sunshine Healing Arts, LLC Bankr. M.D. Fla. Case No. 26-02808 Chapter 11 Petition filed June 23, 2026 See https://www.pacermonitor.com/view/ZXVIUBI/Sunshine_Healing_Arts_LLC__flmbke-26-02808__0001.0.pdf?mcid=tGE4TAMA represented by: Thomas Adam, Esq. ADAM LAW GROUP, PA E-mail: tadam@adamlawgroup.com In re Romano Esposito Bankr. D.N.J. Case No. 26-17222 Chapter 11 Petition filed June 23, 2026 represented by: Ellen McDowell, Esq. MCDOWELL LAW In re Kevin Anthony Miller Bankr. D.N.J. Case No. 26-17245 Chapter 11 Petition filed June 23, 2026 Filed Pro Se In re David Roberto Gomez Bankr. E.D.N.Y. Case No. 26-43036 Chapter 11 Petition filed June 23, 2026 represented by: Alla Kachan, Esq. In re Gabriel G. Clouse and Bethany Clouse Bankr. W.D. Pa. Case No. 26-21728 Chapter 11 Petition filed June 23, 2026 represented by: Andrew Pratt, Esq. In re Robert Joseph Smith Bankr. C.D. Cal. Case No. 26-10922 Chapter 11 Petition filed June 24, 2026 represented by: Michael Berger, Esq. In re Reynaldo Rivera Bankr. C.D. Cal. Case No. 26-11939 Chapter 11 Petition filed June 24, 2026 In re Marvin Gardens Property LLC Bankr. E.D. Cal. Case No. 26-23588 Chapter 11 Petition filed June 24, 2026 See https://www.pacermonitor.com/view/ZSUDT4Y/Marvin_Gardens_Property_LLC__caebke-26-23588__0001.0.pdf?mcid=tGE4TAMA represented by: Cyrus Zal, Esq. CYRUS ZAL, A PROFESSIONAL CORPORATION E-mail: czal47@comcast.net In re Azhderian Cold Storage LLC Bankr. E.D. Cal. Case No. 26-12932 Chapter 11 Petition filed June 24, 2026 See https://www.pacermonitor.com/view/YR42UFQ/Azhderian_Cold_Storage_LLC__caebke-26-12932__0001.0.pdf?mcid=tGE4TAMA represented by: Justin D. Harris, Esq. HARRIS LAW FIRM, PC E-mail: jdh@harrislawfirm.net In re G.A.H. Bar-B-Q, Inc. Bankr. M.D. Fla. Case No. 26-04725 Chapter 11 Petition filed June 24, 2026 See https://www.pacermonitor.com/view/4N2ROVI/GAH_Bar-B-Q_Inc__flmbke-26-04725__0001.0.pdf?mcid=tGE4TAMA represented by: Jeffrey S. Ainsworth, Esq. BRANSON AINSWORTH PLLC E-mail: jeff@bransonlaw.com In re Oleksandr Petrenko Bankr. M.D. Fla. Case No. 26-05459 Chapter 11 Petition filed June 24, 2026 represented by: Richard Cole, Esq. In re Andrew Paul Watson Bankr. M.D. Fla. Case No. 26-05439 Chapter 11 Petition filed June 24, 2026 represented by: Buddy Ford, Esq. FORD & SEMACH, P.A. In re Premier Real Estate Group LLC Bankr. D.N.J. Case No. 26-17300 Chapter 11 Petition filed June 24, 2026 See https://www.pacermonitor.com/view/JYAZF7Q/Premier_Real_Estate_Group_LLC__njbke-26-17300__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re 1318 East 10th Realty LLC Bankr. E.D.N.Y. Case No. 26-43093 Chapter 11 Petition filed June 24, 2026 See https://www.pacermonitor.com/view/FHBF4AQ/1318_East_10th_Realty_LLC__nyebke-26-43093__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Layla Consulting Center Inc. Bankr. E.D.N.Y. Case No. 26-43110 Chapter 11 Petition filed June 24, 2026 See https://www.pacermonitor.com/view/SDQJDGI/LAYLA_CONSULTING_CENTER_INC__nyebke-26-43110__0001.0.pdf?mcid=tGE4TAMA represented by: Christal Cammock, Esq. CHRISTAL A. CAMMOCK, PC E-mail: info@cammocklaw.com In re Shermans Motel LLC Bankr. E.D.N.Y. Case No. 26-43100 Chapter 11 Petition filed June 24, 2026 See https://www.pacermonitor.com/view/LMDEMFI/Shermans_Motel_LLC__nyebke-26-43100__0001.0.pdf?mcid=tGE4TAMA represented by: Charles Wertman, Esq. LAW OFFICES OF CHARLES WERTMAN, P.C. E-mail: charles@cwertmanlaw.com In re PMR Residence LLC Bankr. E.D.N.Y. Case No. 26-43099 Chapter 11 Petition filed June 24, 2026 See https://www.pacermonitor.com/view/K326BGY/PMR_Residence_LLC__nyebke-26-43099__0001.0.pdf?mcid=tGE4TAMA represented by: Charles Wertman, Esq. LAW OFFICES OF CHARLES WERMAN, P.C. E-mail: charles@cwertmanlaw.com In re Jonathan Hengal Bankr. S.D.N.Y. Case No. 26-11497 Chapter 11 Petition filed June 24, 2026 represented by: Alla Kachan, Esq. LAW OFFICES OF ALLA KACHAN P.C. In re Commercial Janitorial Inc Bankr. E.D. Va. Case No. 26-50633 Chapter 11 Petition filed June 24, 2026 See https://www.pacermonitor.com/view/YWWRZVY/Commercial_Janitorial_Inc__vaebke-26-50633__0001.0.pdf?mcid=tGE4TAMA represented by: Robert S. Westermann, Esq. SPOTTS FAIN, PC E-mail: rwestermann@spottsfain.com In re Daniel Vasile Suciu Bankr. W.D. Wash. Case No. 26-12062 Chapter 11 Petition filed June 24, 2026 In re Burke Ventures LLC Bankr. W.D. Wisc. Case No. 26-11422 Chapter 11 Petition filed June 24, 2026 See https://www.pacermonitor.com/view/4VGOJTY/Burke_Ventures_LLC__wiwbke-26-11422__0001.0.pdf?mcid=tGE4TAMA represented by: John W. Menn, Esq. SWANSON SWEET LLP E-mail: jmenn@swansonsweet.com In re Kevin Wayne Boeve Bankr. C.D. Cal. Case No. 26-16334 Chapter 11 Petition filed June 25, 2026 In re David Paul Ierulli Bankr. M.D. Fla. Case No. 26-05467 Chapter 11 Petition filed June 25, 2026 In re Atlantic Home FL, LLC Bankr. S.D. Fla. Case No. 26-18318 Chapter 11 Petition filed June 25, 2026 See https://www.pacermonitor.com/view/U2FH33Y/Atlantic_Home_FL_LLC__flsbke-26-18318__0001.0.pdf?mcid=tGE4TAMA represented by: Kevin Comer, Esq. COMER LAW FIRM E-mail: kevin@comer.work In re Peter O. Okenyi Bankr. N.D. Ga. Case No. 26-58233 Chapter 11 Petition filed June 25, 2026 represented by: Brad Fallon, Esq. In re Kaizen Cleaning Solutions, LLC Bankr. M.D. La. Case No. 26-10573 Chapter 11 Petition filed June 25, 2026 See https://www.pacermonitor.com/view/CUE5MVY/Kaizen_Cleaning_Solutions_LLC__lambke-26-10573__0001.0.pdf?mcid=tGE4TAMA represented by: Ryan J. Richmond, Esq. STERNBERG, NACCARI & WHITE, LLC E-mail: ryan@snw.law In re Avrumi Lubin Bankr. D.N.J. Case No. 26-17342 Chapter 11 Petition filed June 25, 2026 Filed Pro Se In re Bahnasy 2024 Steinway Street LLC Bankr. E.D.N.Y. Case No. 26-43121 Chapter 11 Petition filed June 25, 2026 See https://www.pacermonitor.com/view/APFMVJA/Bahnasy_2024_Steinway_Street_LLC__nyebke-26-43121__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Roslyn Myers Bankr. S.D.N.Y. Case No. 26-11509 Chapter 11 Petition filed June 25, 2026 represented by: Adrienne Woods, Esq. In re Aurora Sofia Valladares-Diaz Bankr. D.P.R. Case No. 26-02871 Chapter 11 Petition filed June 25, 2026 represented by: Luis Flores Gonzalez, Esq. In re Haff and Company Construction Corp Bankr. S.D. Tex. Case No. 26-34459 Chapter 11 Petition filed June 25, 2026 See https://www.pacermonitor.com/view/LMH6SLI/Haff_and_Company_Construction__txsbke-26-34459__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Salon Voss, Inc. Bankr. E.D. Va. Case No. 26-32622 Chapter 11 Petition filed June 25, 2026 See https://www.pacermonitor.com/view/E627D3A/Salon_Voss_Inc__vaebke-26-32622__0001.0.pdf?mcid=tGE4TAMA represented by: Graham T. Jennings, Jr., Esq. GRAHAM T. JENNINGS, JR., P.C. E-mail: powlaw@gjenningspc.com In re Hostel Fish Seattle LLC Bankr. W.D. Wash. Case No. 26-12083 Chapter 11 Petition filed June 25, 2026 See https://www.pacermonitor.com/view/NRPUTCY/Hostel_Fish_Seattle_LLC__wawbke-26-12083__0001.0.pdf?mcid=tGE4TAMA represented by: Laurie Thornton, Esq. SCHWABE, WILLIAMSON & WYATT, P.C. E-mail: lthornton@schwabe.com In re Rita Lucila Amaya Avila Bankr. D. Ariz. Case No. 26-06344 Chapter 11 Petition filed June 26, 2026 In re Gao Hui Xu Bankr. C.D. Cal. Case No. 26-16373 Chapter 11 Petition filed June 26, 2026 represented by: Christopher Langley, Esq. In re Rene R. Rodriguez Bankr. D. Conn. Case No. 26-50461 Chapter 11 Petition filed June 26, 2026 represented by: Russell Small, Esq. In re William T. Mullally Bankr. N.D. Ga. Case No. 26-58275 Chapter 11 Petition filed June 26, 2026 See https://www.pacermonitor.com/view/GSM5ROA/William_T_Mullally__ganbke-26-58275__0001.0.pdf?mcid=tGE4TAMA represented by: William Gooding, Esq. JONES & WALDEN LLC E-mail: wgooding@joneswalden.com In re BNB Sports, LLC Bankr. N.D. Ill. Case No. 26-10727 Chapter 11 Petition filed June 26, 2026 See https://www.pacermonitor.com/view/LSFUQMA/BNB_Sports_LLC__ilnbke-26-10727__0001.0.pdf?mcid=tGE4TAMA represented by: Edmund G. Urban III, Esq. URBAN & BURT, LTD. E-mail: bk@urbanburt.com In re David Lewi-Emmanuel Stockman Bankr. E.D. Mich. Case No. 26-20982 Chapter 11 Petition filed June 26, 2026 Filed Pro Se In re Acton Academy Red Rock LLC Bankr. D. Nev. Case No. 26-13991 Chapter 11 Petition filed June 26, 2026 See https://www.pacermonitor.com/view/2CZ7W7Y/ACTON_ACADEMY_RED_ROCK_LLC__nvbke-26-13991__0001.0.pdf?mcid=tGE4TAMA represented by: Corey B. Beck, Esq. COREY B. BECK, ESQ. E-mail: becksbk@yahoo.com In re P R C Transport LLC Bankr. D.N.J. Case No. 26-17386 Chapter 11 Petition filed June 26, 2026 See https://www.pacermonitor.com/view/CST6F3Q/P_R_C_Transport_LLC__njbke-26-17386__0001.0.pdf?mcid=tGE4TAMA represented by: Anthony Sodono, III, Esq. MCMANIMON, SCOTLAND & BAUMANN, LLC E-mail: asodono@msbnj.com In re 38 Ilion 188 Corp Bankr. E.D.N.Y. Case No. 26-43137 Chapter 11 Petition filed June 26, 2026 See https://www.pacermonitor.com/view/Z25PBKA/38_Ilion_188_Corp__nyebke-26-43137__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re T.K. Timber Services, LLC Bankr. E.D.N.C. Case No. 26-02862 Chapter 11 Petition filed June 26, 2026 See https://www.pacermonitor.com/view/RMV6EVA/TK_Timber_Services_LLC__ncebke-26-02862__0001.0.pdf?mcid=tGE4TAMA represented by: Joseph Z. Frost, Esq. BUCKMILLER & FROST, PLLC E-mail: jfrost@bbflawfirm.com In re Brandon Scott Rader Bankr. W.D. Okla. Case No. 26-12138 Chapter 11 Petition filed June 26, 2026 In re Roberta F. Huang Bankr. D. Ore. Case No. 26-32234 Chapter 11 Petition filed June 26, 2026 represented by: Theodore Piteo, Esq. In re Nickolas S Burke and Dawn M Burke Bankr. W.D. Wisc. Case No. 26-11434 Chapter 11 Petition filed June 26, 2026 represented by: John Menn, Esq. SWANSON SWEET LLP E-mail: jmenn@swansonsweet.com In re Daniel W Fox, Jr. Bankr. E.D. Mo. Case No. 26-42804 Chapter 11 Petition filed June 28, 2026 represented by: Joe Pioletti, Esq. In re Kent Paul Lemon Bankr. E.D. Tex. Case No. 26-42208 Chapter 11 Petition filed June 28, 2026 represented by: Robert DeMarco, Esq. ********* 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 http://www.bankrupt.com/books/to order any title today. Monthly Operating Reports are summarized in every Saturday edition of the TCR. The Sunday TCR delivers securitization rating news from the week then-ending. TCR subscribers have free access to our on-line news archive. 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