Fresh Tracks Therapeutics Announces Hearing Date and Notice of Proposed Consent Judgement Regarding Dissolution of Company
Fresh Tracks Therapeutics, Inc. (FRTX)
Company Research
Source: PR Newswire
BOULDER, Colo., Dec. 6, 2024 /PRNewswire/ -- Fresh Tracks Therapeutics, Inc. (OTC Pink: FRTX) ("Fresh Tracks" or "the Company") announced today that a Scheduling Order has been issued by the Court of Chancery of the State of Delaware ("the Court") setting a hearing date of January 17, 2025, for the Court to consider entry of a Consent Judgment agreed to by the Company in the case of David R. McAvoy versus Fresh Tracks. If the Consent Judgment is approved by the Court, a custodian will be appointed for Fresh Tracks pursuant to 8 Del. C. § 226 with a directive to dissolve the Company and windup its affairs.In accordance with a Court-approved scheduling order, Fresh Tracks has sent or will send to each of its stockholders, as of the record date of November 20, 2024, by electronic mail and/or first class U.S. mail at their last-known addresses, full copies of the Notice of Proposed Consent Judgment ("the Notice"). Stockholders entitled to receive the Notice as of the record date are welco
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