Walker Innovation Confirms Expected Payment Date of Initial Liquidating Distribution
September 21st, 2018 by Brett Laurance
OTCQB Trading Symbol and CUSIP Deleted
Stamford, CT – September 21, 2018 – Walker Innovation Inc. (Formerly OTCQB: WLKR) (“Walker Innovation” or the “Company”), announced today that its previously announced effective date distribution of $0.48 per share of the Company’s common stock and Series B Convertible Preferred Stock will be paid on or about September 27, 2018 to stockholders as of September 20, 2018, the effective date of the Company’s certificate of dissolution (including trades through the effective date that settle after the effective date). In connection with the initial liquidating distribution, the Company’s trading symbol on the OTCQB has been set for deletion, the CUSIP for the common stock suspended and the Company’s transfer agent has been instructed to close the transfer books as of the effective date (including trades through the effective date that settle after the effective date).