Starry Group Holdings, Inc., filed a motion in the US Bankruptcy Court for the sale of its substantially all its assets on February 20, 2023. The debtor seeks 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 11, 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 14, 2023. The sale hearing is scheduled for April 17, 2023.