The US Bankruptcy Court gave an order approving the bidding procedures relating to the sale of substantially all the assets of Starry Group Holdings, Inc. on March 21, 2023. The debtor seek the Court's approval for the sale of its substantially all its assets for a purchase price of $170 million in cash. To qualify as a qualified bidder, interested parties should submit their bids by April 20, 2023, along with good-faith deposit in 10% of the bid price.

The initial minimum overbid should be equal at least $170 million. The debtor has scheduled an auction on April 24, 2023. The sale hearing is scheduled for May 3, 2023.