Hilco Merchant Resources LLC entered into an Asset Purchase Agreement to acquire certain assets of Tuesday Morning Corporation (OTCPK:TUEM.Q) for $32.1 million on April 24, 2023. The purchase consideration was $32,063,686 subject to further adjustments, 15% of which will be delivered into escrow. Deborah Perry and Kevin Lippman of Munsch Hardt Kopf & Harr, P.C. acted as legal advisor to Tuesday Morning Corporation. Steven Fox of Reimer & Braunstein LLP acted as legal advisor to Hilco Merchant Resources, LLC. On April 28, Bankruptcy Court approval was received and the assets were assigned to Hilco.

Hilco Merchant Resources LLC completed the acquisition of certain assets of Tuesday Morning Corporation (OTCPK:TUEM.Q) on April 28, 2023.