Comdisco Holding Company, Inc. Files Form 15 with the Securities and Exchange Commission

ROSEMONT, Ill.--(BUSINESS WIRE)--

Comdisco Holding Company, Inc. CDCO and CDCOR ("Comdisco") announced today that: (i) on August 5, 2016, Comdisco made its final distribution to holders of its common stock and contingent distribution rights ("CDRs") and consequently, cancelled all of its outstanding common stock and contingent distribution rights and closed its stock transfer books; and (ii) on August 8, 2016, it filed a Form 15 with the Securities and Exchange Commission ("SEC") terminating the registration of its securities under Section 12(g) of the Securities Exchange Act of 1934 (as amended, the "Exchange Act"). As a result of such filing, Comdisco is no longer obligated to and will not file any further current or periodic reports with the SEC.

About Comdisco

Comdisco emerged from Chapter 11 bankruptcy proceedings on August 12, 2002. The purpose of reorganized Comdisco was to sell, collect or otherwise reduce to money in an orderly manner the remaining assets of the corporation. Pursuant to its First Amended Joint Plan of Reorganization (the "Plan") and restrictions contained in its certificate of incorporation, Comdisco was specifically prohibited from engaging in any business activities inconsistent with its limited business purpose. Accordingly, Comdisco has reduced all of its assets to cash and made its final distribution of all available cash (net of amounts withheld for estimated liabilities) to holders of its common stock and contingent distribution rights in the manner and priorities set forth in the Plan. Once all the administrative tasks are completed, the company will cease operations. The company filed on August 12, 2004 a Certificate of Dissolution with the Secretary of State of the State of Delaware to formally extinguish Comdisco Holding Company, Inc.'s corporate existence with the State of Delaware except for the purpose of completing the wind-down contemplated by the Plan. On July 12, 2016, a Final Decree was entered in the bankruptcy case of Comdisco, Inc. authorizing Comdisco to take various steps, including those announced above, to close the case.

Safe Harbor

The foregoing contains forward-looking statements regarding Comdisco. They reflect the company's current views with respect to current events and financial performance, are subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the actual results of the company to be materially different from any future results, express or implied by such forward-looking statements. The company intends that such forward-looking statements be subject to the Safe Harbor created by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words and phrases ''expect,'' ''estimate,'' and ''anticipate'' and similar expressions identify forward-looking statements. Certain factors that could cause actual results to differ materially from these forward-looking statements are listed from time to time in the company's SEC reports, including, but not limited to, the Annual Report on Form 10-K for the fiscal year ended September 30, 2015 and its most recent quarterly report filed on Form 10-Q for the fiscal quarter ended March 31, 2016. Comdisco disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Comdisco Holding Company, Inc.
Deb Dompke
847-698-3000
pr@comdisco.com

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!