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Aradigm Announces Effective Date of Modified Combined Chapter 11 Plan and Disclosure Statement

Jun 15, 2020 - Business Wire
Mergers and Acquisitions

Aradigm Corporation (OTC PINK: ARDM) ("Aradigm" or the "Company") announced on June 12, 2020, the Bankruptcy Court entered an order confirming the Debtor's Modified Combined Chapter 11 Plan and Disclosure Statement (the "Combined Plan") filed by Aradigm Corporation (the "Company"). The Effective Date (the "Effective Date ") of the Plan will be June 29, 2020. The Company will be dissolved and its stock cancelled as of the Effective Date after market close and the Company's assets will be contribu...