SEATTLE, Jan. 18, 2018 /PRNewswire/ -- WMIH Corp. (Nasdaq:
WMIH) (the "Company") today announced that it has completed the
dissolution of its wholly-owned subsidiary WMI Investment Corp.
("WMIIC"). Earlier today, WMIIC filed a Certificate of
Dissolution of WMIIC with the Office of the Delaware Secretary of State. The dissolution
of WMIIC was effective immediately upon the filing of such
certificate.
Prior to September 26, 2008, WMIIC
held a variety of securities and investments; however, such
securities and investments were liquidated and the value thereof
distributed in connection with implementing the Company's Seventh
Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of
the United States Bankruptcy Code. As such, WMIIC did not
have any assets or operations at the time of its
dissolution.
This press release may include forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act, and Section 21E of the
Securities Exchange Act of 1934. All statements other than
statements of historical fact included in this press release that
address activities, events, conditions or developments that the
Company expects, believes or anticipates will or may occur in the
future are forward-looking statements. Forward-looking statements
give the Company's current expectations and projections relating to
the its financial condition, results of operations, plans,
objectives, future performance and business and these statements
are not guarantees of future performance. These statements can be
identified by the fact that they do not relate strictly to
historical or current facts. Forward-looking statements may include
the words "anticipate," "estimate," "expect," "project," "intend,"
"plan," "believe," "strategy," "future," "opportunity," "may,"
"should," "will," "would," "will be," "will continue," "will likely
result," and similar expressions. Such forward-looking statements
involve risks and uncertainties that may cause actual events,
results or performance to differ materially from those indicated by
such statements. Certain of these risks are identified and
discussed in the Company's Form 10-K for the year ended
December 31, 2016 under Risk Factors
in Part I, Item 1A. These risk factors will be important to
consider in determining future results and should be reviewed in
their entirety. These forward-looking statements are expressed in
good faith, and the Company believes there is a reasonable basis
for them. However, there can be no assurance that the events,
results or trends identified in these forward-looking statements
will occur or be achieved. Forward-looking statements speak only as
of the date they are made, and the Company will not undertake to
update any forward-looking statement, except as required by law.
Readers should carefully review the statements set forth in the
reports, which the Company has filed or will file from time to time
with the SEC.
CONTACT
Helen
Grayson
206-922-2957
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SOURCE WMIH Corp.