BRIEF-Timber Pharmaceuticals Receives Court Approval Of All “First Day” Motions To Support Business

Reuters

2023-11-29

Nov 28 (Reuters) - Timber Pharmaceuticals Inc :

* TIMBER PHARMACEUTICALS RECEIVES COURT APPROVAL OF ALL “FIRST DAY” MOTIONS TO SUPPORT BUSINESS OPERATIONS & DISCLOSES COMMUNICATION FROM NYSE AMERICAN

* TIMBER PHARMACEUTICALS INC- HAS RECEIVED $3.0 MILLION OF NEW MONEY DIP FUNDING

* TIMBER PHARMACEUTICALS INC- DIP FINANCING IS BEING PROVIDED BY LEO US HOLDING, INC., AS LENDER

* TIMBER PHARMACEUTICALS: RECEIVED AUTHORIZATION TO CONTINUE TO PAY VENDORS IN ORDINARY COURSE FOR GOODS AND SERVICES PROVIDED ON A POST-PETITION BASIS

* TIMBER PHARMACEUTICALS INC: RECEIVED AUTHORIZATION TO CONTINUE TO PAY EMPLOYEE WAGES, PROVIDE HEALTHCARE AND OTHER BENEFITS

* TIMBER PHARMACEUTICALS- PHASE 3 ASCEND STUDY WILL PROGRESS WHEN CO PURSUES SALE OF MOST OF ITS ASSETS TO "STALKING HORSE" BIDDER AFFILIATED WITH LEO

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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DISCLOSES COMMUNICATION FROM NYSE AMERICAN</p><p>   * TIMBER PHARMACEUTICALS INC- HAS RECEIVED $3.0 MILLION OF NEW MONEY DIP FUNDING</p><p>   * TIMBER PHARMACEUTICALS INC- DIP FINANCING IS BEING PROVIDED BY LEO US HOLDING, INC., AS LENDER</p><p>   * TIMBER PHARMACEUTICALS: RECEIVED AUTHORIZATION TO CONTINUE TO PAY VENDORS IN ORDINARY COURSE FOR GOODS AND SERVICES PROVIDED ON A POST-PETITION BASIS</p><p>   * TIMBER PHARMACEUTICALS INC: RECEIVED AUTHORIZATION TO CONTINUE TO PAY EMPLOYEE WAGES, PROVIDE HEALTHCARE AND OTHER BENEFITS</p><p>   * TIMBER PHARMACEUTICALS- PHASE 3 ASCEND STUDY WILL PROGRESS WHEN CO PURSUES SALE OF MOST OF ITS ASSETS TO \"STALKING HORSE\" BIDDER AFFILIATED WITH LEO</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4007","symbol_name":"製藥","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2387127147","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2387127147","pubTimestamp":1701213712,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Nov 28  - Timber Pharmaceuticals Inc   :   * TIMBER PHARMACEUTICALS RECEIVES COURT APPROVAL OF ALL “FIRST DAY” MOTIONS TO SUPPORT BUSINESS OPERATIONS & DISCLOSES COMMUNICATION FROM NYSE AMERICAN   * TIMBER PHARMACEUTICALS INC- HAS RECEIVED $3.0 MILLION OF NEW MONEY DIP FUNDING   * TIMBER PHARMACEUTICALS INC- DIP FINANCING IS BEING PROVIDED BY LEO US HOLDING, INC., AS LENDER   * TIMBER PHARMACEUTICALS: RECEIVED AUTHORIZATION TO CONTINUE TO PAY VENDORS IN ORDINARY COURSE FOR GOODS AND SERVICES PROVIDED ON A POST-PETITION BASIS   * TIMBER PHARMACEUTICALS INC: RECEIVED AUTHORIZATION TO CONTINUE TO PAY EMPLOYEE WAGES, PROVIDE HEALTHCARE AND OTHER BENEFITS   * TIMBER PHARMACEUTICALS- PHASE 3 ASCEND STUDY WILL PROGRESS WHEN CO PURSUES SALE OF MOST OF ITS ASSETS TO \"STALKING HORSE\" BIDDER AFFILIATED WITH LEOSource text for Eikon:    Further company coverage:    ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4007":"制药"},"translate_title":"简介——木材制药公司收到法院批准所有“第一天”的动议，以支持业务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TMBR":1,"TMBRQ":1},"content_text":"Nov 28 (Reuters) - Timber Pharmaceuticals Inc   :   * TIMBER PHARMACEUTICALS RECEIVES COURT APPROVAL OF ALL “FIRST DAY” MOTIONS TO SUPPORT BUSINESS OPERATIONS & DISCLOSES COMMUNICATION FROM NYSE AMERICAN   * TIMBER PHARMACEUTICALS INC- HAS RECEIVED $3.0 MILLION OF NEW MONEY DIP FUNDING   * TIMBER PHARMACEUTICALS INC- DIP FINANCING IS BEING PROVIDED BY LEO US HOLDING, INC., AS LENDER   * TIMBER PHARMACEUTICALS: RECEIVED AUTHORIZATION TO CONTINUE TO PAY VENDORS IN ORDINARY COURSE FOR GOODS AND SERVICES PROVIDED ON A POST-PETITION BASIS   * TIMBER PHARMACEUTICALS INC: RECEIVED AUTHORIZATION TO CONTINUE TO PAY EMPLOYEE WAGES, PROVIDE HEALTHCARE AND OTHER BENEFITS   * TIMBER PHARMACEUTICALS- PHASE 3 ASCEND STUDY WILL PROGRESS WHEN CO PURSUES SALE OF MOST OF ITS ASSETS TO \"STALKING HORSE\" BIDDER AFFILIATED WITH LEOSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}