Kodak emerged from Chapter 11 on September 3, 2013.
Kodak filed its original Plan of Reorganization and Disclosure Statement on April 30, 2013. The Disclosure Statement was approved by the Bankruptcy Court on June 26, 2013, confirming that it contained adequate information for creditors to vote on the Plan. Kodak has filed various amendments and supplements to its Plan of Reorganization. Voting on the Plan of Reorganization closed on August 9, 2013, with acceptance from all classes of voting creditors. On August 23, 2013, the Bankruptcy Court entered an order confirming the Plan of Reorganization, thereby approving the cancellation of all outstanding shares of stock. Existing stock will be cancelled as of the date that Kodak emerges from bankruptcy.
Yes, we expect to hold quarterly earnings updates beginning with first quarter, 2014 results.
On October 29, 2013 the Company announced that it will list its common shares on the New York Stock Exchange (NYSE) under the symbol "KODK" with trading beginning on November 1, 2013. Upon Kodak's emergence from Chapter 11 restructuring on September 3, 2013, the then-outstanding stock of the Company was cancelled, and the Company issued new common stock that has been trading since that time under the symbol "EKOD" on over-the-counter venues. Upon listing on the NYSE, the new common stock will cease to be quoted on over-the-counter venues.
Kodak’s fiscal year is January 1 to December 31.
Kodak’s independent public accountant is PricewaterhouseCoopers LLP
Upon the effective date of emergence from Chapter 11, Kodak will have 500,000,000 shares of common stock authorized for issuance. Certain shares will be issued on the effective date pursuant to the rights offering that Kodak has conducted pursuant to its Plan of Reorganization, and certain other shares will also be issued pursuant to the Plan. In addition, upon the effective date, shares of preferred stock will be authorized for issuance pursuant to Kodak’s amended and restated Certificate of Incorporation.
Kodak does not anticipate issuing dividends at this time.
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