e.Digital and its wholly-owned subsidiary filed for Chapter 7 protection with the U.S. Bankruptcy Court in the Southern District of California, lead case number 17-04073. The Company, which engages in the development and marketing of an intellectual property portfolio, is represented by Jeffrey I. Golden of Lobel Weil and Golden Friedman. According to documents filed with the SEC, "A Chapter 7 trustee will be appointed by the Bankruptcy Court and will assume control. The assets of the Company will be liquidated and claims paid in accordance with applicable laws."

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