$1.45B NOL Asset — Chapter 11 — $15M - Business for Sale
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Chapter 11 Public Shell with $1.45B NOLs in California
CA, US
Added 28 days ago
Financial Services - Distressed Asset and Tax NOL Opportunity
RemoteAbsentee / Semi-Absentee
A Chapter 11 public shell company in California with no operations, employees, or debt is offered for sale, featuring $1.45 billion in federal and California net operating loss (NOL) assets and real estate included.
Key Information
Asking
$15.0M
Revenue
–
Earnings
–
Multiple
–
Key Highlights
- $1.45 billion total face value in net operating loss (NOL) assets: $850 million federal NOL and $600 million California NOL
- Offered as a clean public shell with no operations, no employees, and no debt
- Real estate is included in the sale
- Purchase price is approximately $15,000,000, court-approved under §363 sale (Case #24-90273)
- NOLs are subject to IRC §382 with an annual usage cap of approximately $500,000 based on a $15 million purchase price
- Business is remote/relocatable
- Listing states that all information is from public records and due diligence includes PACER docket and SEC filings
Contact Info
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