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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Walker Innovation Confirms Payment Date of Final Liquidating Distribution

September 28, 2021 GMT

STAMFORD, Conn.--(BUSINESS WIRE)--Sep 28, 2021--

Walker Innovation Inc., a Delaware corporation in liquidation (the “Company”), announced today that it will pay its final liquidating distribution of $0.0797 per share on or about September 28, 2021. The final liquidating distribution will be made to holders of the Company’s common stock and Series B Convertible Preferred Stock as of September 20, 2018, the effective date of the Company’s certificate of dissolution (including trades through the effective date that settled after the effective date).

Additional details regarding the liquidation and dissolution of Walker Innovation Inc. are available in the Proxy Statement dated August 6, 2018, and the related supplement dated August 17, 2018, each with respect to the special meeting of stockholders held on September 5, 2018 to approve the Plan of Complete Liquidation and Dissolution of the Company, as amended, and the Walker Innovation Inc. Annual Report on Form 10-K for the fiscal year ended December 31, 2018, which filings can be found on the website of the Securities and Exchange Commission at www.sec.gov. Questions concerning the final liquidating distribution should be directed to Walker Innovation Inc.’s transfer agent, American Stock Transfer & Trust Company, LLC, at 800-937-5449 or help@astfinancial.com.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20210928005826/en/

CONTACT: Investor Contact for Walker Innovation Inc.:

Don Duffy/Garrett Edson, ICR

(203) 682-8200

KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE

SOURCE: Walker Innovation Inc.

Copyright Business Wire 2021.

PUB: 09/28/2021 10:29 AM/DISC: 09/28/2021 10:29 AM

http://www.businesswire.com/news/home/20210928005826/en