Casa Systems, Inc. filed a notice for the selection of Successful Bidder in the US Bankruptcy Court for the sale of its certain assets on April 25, 2024. As a result of the auction conducted on April 25, 2024, Lumine Group US Holdco Inc. has been selected as the winning bidder for the sale of certain assets with a bid of $32.25 million. The debtor has selected Skyvera US Holdco, LLC as the back-up bidder with a bid of $32 million.