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What happens to any unclaimed funds if all shareholders are not located?

April 26, 2017funds happens located Shareholders unclaimed

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What happens to any unclaimed funds if all shareholders are not located?

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All unclaimed funds will remain in the escrow account and be available for a secondary distribution. The secondary distribution will be made to funds where the alleged dilution was considered immaterial in the first distribution. If there are still residual funds after the 2nd distribution is completed, a final distribution will be made to the currently active funds on a pro-rata basis based on the calculated dilution.