The US Bankruptcy Court gave an order approving the bidding procedures relating to the sale of substantially all the assets of IronNet, Inc. On November 10, 2023. The Court approved the asset purchase agreement between the debtor and the stalking horse bidder, for the sale of substantially all its assets. To qualify as a qualified bidder, interested parties should submit their bids by December 12, 2023.

If the debtor receives any qualified bids, then it would hold an auction for its assets on December 12, 2023. The sale hearing is scheduled for December 20, 2023.