The US Bankruptcy Court gave an order approving the sale of substantially all the assets of Ittella International, LLC on October 4, 2023. The debtor has been authorized to sell its substantially all its assets to Planted Ventures, LLC., for a purchase price of $1.50 million, of which $1 million is allocated to the Italian Equity and $0.50 million is allocated to the intellectual property. The debtor?s assets include (a) TCI?s U.S. Equity Interests in any of its direct subsidiaries (Myjojo, NMFD, Karsten, BCI and TTCF) and/or indirect subsidiaries (Ittella and ICLLC), (b) ICLLC?s Italian Equity Interests in Ittella Italy (c) goods, (d) equipment, (e) accounts receivable, (f) intellectual property, (g) goodwill, (h) customer lists, (i) Contracts and Leases, and (j) any related assets included in any Qualified Bid, provided that the Assets subject to sale pursuant to the Motion shall not include the Debtors?

cash.