On October 19, 2018, the Bankruptcy Court entered an order to approve the asset purchase agreement between Premier Exhibitions, Inc. and Premier Acquisition Holdings LLC, pursuant to which the buyer agreed to acquire substantially all of the assets and assume certain liabilities of the Company pursuant to Sections 363 and 365 of the bankruptcy code for an aggregate purchase price of $17.5 million in cash plus assumed liabilities, subject to adjustments for current assets at closing.