Novan Inc (NOVN) just unveiled an announcement.
NVN Liquidation, Inc., formerly Novan, Inc., and its subsidiary EPI Health, LLC, entered Chapter 11 bankruptcy in July 2023, with their liquidation plan confirmed by the court in January 2024. The company has recently filed a monthly operating report for February 2024, cautioning investors against relying on these reports for investment decisions due to their limited scope and non-compliance with standard accounting principles. These reports, which are not indicative of the company’s future, are part of the bankruptcy court’s requirements and are available online for public access.
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