Armstrong Flooring, Inc. filed a motion in the US Bankruptcy Court seeking the dismissal of its Chapter 11 bankruptcy case on March 21, 2023. The Debtors have considered all potential alternatives to bring these chapter 11 cases to a value-maximizing conclusion and have determined that a structured dismissal of these chapter 11 cases is the most expeditious and cost-effective mechanism to complete the winddown of the debtors' affairs and maximize recoveries for holders of allowed administrative claims. The Debtors determined that dismissal is superior to conversion of the Chapter 11 cases to chapter 7 because conversion would negatively impact creditors since the Debtors' monetization of their assets is substantially complete, administrative claims have been substantially reconciled, and unnecessary costs and delay would result from conversion.