On June 10, 2020, Mudrick Capital Management announced that, On April 7, 2020, the Company filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code with the Bankruptcy Court for the District of Delaware to implement the financial restructuring of the Company. On June 30, 2020, the Bankruptcy Court entered an order confirming the Issuer’s Joint Prepackaged Chapter 11 Plan of Reorganization. On July 7, 2020, the Plan became effective and, as a result, all Shares of the Issuer, including the Common Stock beneficially owned by the Reporting Persons, were cancelled without consideration. Hence, the active campaign is deemed to be withdrawn.