As previously disclosed, Hooper Holmes, Inc. (the “Company”) is the subject of a proceeding under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in Case No. 18-23302 (RDD) (the “Bankruptcy Proceeding”). Also as previously disclosed, on January 31, 2019, the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) confirmed the Amended and Restated Joint Plan of Liquidation (the “Plan”) filed by the Company and its subsidiaries.
On February 12, 2019, the Plan became effective and the Hooper Holmes Liquidating Trust (the “Liquidating Trust”) was formed pursuant to the Plan to administer the final liquidation of the remaining assets of the Company. Upon the effectiveness of the Plan, all of the Company’s shares of common stock, par value $0.04 per share (the “Common Stock”), were cancelled for no consideration. Pursuant to the Plan, the trustee of the Liquidating Trust will take formal steps to dissolve the Company.
The Company intends to file Form 15 with the SEC for the purpose of terminating the registration of the Common Stock under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Upon filing the Form 15 for the Common Stock, the Company will immediately cease filing any further periodic or current reports under the Exchange Act.
On February 12, 2019, upon the effectiveness of the, all directors of the Company were deemed to have resigned.