Linqto Selects Kroll As Trustee for the Liquidating Trust

For best results when printing this announcement, please click on link below: Linqto Selects Kroll As Trustee for the Liquidating Trust Company Expects to Move Quickly to Exit Bankruptcy Securities Remain Safe and Secure Linqto, Inc. S. Bankruptcy Court for the Southern District of Texas. , which Linqto is suing for damages following Forge’s abrupt termination of its contractual commitment to serve as Trustee of the Liquidating Trust without warning or explanation.

The selection of Kroll was made by Linqto’s Unsecured Creditors Committee (UCC) after a thorough process. Linqto’s Chief Restructuring Officer (CRO), Jeffrey Stein conducted the process and was advised by Jefferies LLC. Previously selected VanEck remains the manager for the forthcoming Closed End Fund, the other option for customer recovery under the Plan. “The Unsecured Creditors Committee is pleased to select Kroll as the Trustee for the Liquidating Trust,” said Kenneth Aulet, Partner at Brown Rudnick and Lead Counsel to the Official Committee of Unsecured Creditors in the Linqto bankruptcy case.

“Recognizing the urgency to replace Forge and exit bankruptcy as quickly as possible, we worked quickly and collaboratively with Linqto’s CRO and Jefferies to narrow down the list of highly qualified applicants. ” “We are excited to work with Linqto customers and are committed to moving as quickly as possible to create opportunities for liquidity and maximize value for beneficiaries,” said Mitchell Mansfield, Managing Director and Global Head of Fund Solutions at Kroll. “We are working with the relevant stakeholders and expect to execute the trust agreements immediately.

” Linqto noted that the selection of a replacement Trustee was among the last remaining hurdles to exit from bankruptcy and that it expects to move quickly to exit. The Company also said that the securities to be transferred for the benefit of Linqto’s customers remain safe and secure. About Linqto Linqto is a global investing platform designed to give accredited investors indirect access to investments in private companies and unicorns. Linqto’s platform has historically provided customers with access to a range of pre-IPO companies.

For more details, visit About Kroll As the leading independent provider of financial and risk advisory solutions, Kroll leverages our unique insights, data and technology to help clients stay ahead of complex situations. Kroll’s team of more than 6,500 professionals worldwide continues the firm’s nearly 100-year history of trusted expertise spanning risk, governance, transactions, advisory and valuation. Our advanced solutions and intelligence provide clients the foresight they need to create an enduring competitive advantage. At Kroll, our values define who we are and how we partner with clients and communities.

S. / Canada: 833-995-8043 International: +1 332-324-1033