Carl Derek McKinney - Mar 29, 2024 Form 4 Insider Report for Troika Media Group, Inc. (TRKA)

Signature
/s/ Carl Derek McKinney
Stock symbol
TRKA
Transactions as of
Mar 29, 2024
Transactions value $
$0
Form type
4
Date filed
4/2/2024, 09:31 PM
Previous filing
Oct 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRKA Common Stock Other $0 -8K -100% $0.00* 0 Mar 29, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 7, 2023, the Company and certain of its subsidiaries (collectively, the "Debtors") filed voluntary petitions under Chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern District of New York (such court, the "Court" and such cases, the "Cases") and on March 28, 2024, the Bankruptcy Court entered an order confirming the plan of liquidation (the "Plan"). On March 29, 2024 (the "Effective Date"), the Plan was consummated and became effective in accordance with its terms.
F2 On the Effective Date, in connection with the Plan, all outstanding shares of common stock of the Company and warrants exercisable for shares of common stock of the Company have been canceled and discharged and holders of such equity interests will not receive or retain any property on account thereof.