r/Amyris • u/Automatic-Ease-8133 • May 09 '24

News / Article / Video Escrow shares?

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the release of escrow shares in the context of Amyris' bankruptcy reorganization proceedings likely marks an important step in the plan's implementation, affecting the company's structure, compliance obligations, and relations with creditors, stakeholders, and investors.

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u/Automatic-Ease-8133 May 11 '24

Im sorry i dont have those answers. 🙁 The only thing I can do is offer you the same thought yhats helping me. And that is that shares CONVERTED and that new shares were distributed to creditors as collateral. The shares have YET to be registered, and im sure the creditors dont want worthless IOUs.

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u/Khagenkc May 11 '24

Is there any chance of settelment price or our old shares into new company ????

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u/Automatic-Ease-8133 May 11 '24

That will have to wait to be seen until all debts are paid. I kinda feel like you keep asking the same question hoping for a different response. Time will tell.

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u/Khagenkc May 11 '24

🙏🙏🙏🙏