UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 15, 2017
TerraVia Holdings, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 001-35189 | 33-1077078 | |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | |
225 Gateway Boulevard | |||
South San Francisco, CA | 94080 | ||
(Address of principal executive offices) | (Zip Code) | ||
Registrant’s telephone number, including area code: (650) 780-4777
Not Applicable
(Former name or former address, if changed since last report.)
________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |
Emerging Growth Company | | |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | | |
Item 8.01 Other Events.
On August 2, 2017, TerraVia Holdings, Inc. (the “Company”) and certain of the Company’s wholly owned domestic subsidiaries (collectively, the “Debtors”) filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the “Bankruptcy Filing”). Contemporaneously with the Bankruptcy Filing, on August 2, 2017, the Debtors filed a motion seeking entry of an order approving, among other things, the sale of the Debtors’ assets. On September 15, 2017, the United States Bankruptcy Court for the District of Delaware entered orders approving (i) the sale of substantially all of the Debtors’ assets to Corbion N.V. and (ii) the sale of the Company’s 19.9% equity interest in Algenist Holdings, Inc. to TCP Algenist LLC. The sales are subject to customary closing conditions and the Debtors expect the sales to be consummated as soon as practicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TerraVia Holdings, Inc. | ||
Date: September 20, 2017 | By: | /s/ Paul Quinlan |
Paul Quinlan | ||
General Counsel | ||