The US Bankruptcy Court gave an order approving the sale of substantially all the assets of Francesca's Holdings Corporation on January 22, 2021. The debtor has been authorized to sell substantially all its assets to Francesca’s Acquisition, LLC and Tiger Capital Group, LLC, the stalking horse bidder for a purchase price of $18 million, if (A) the Inventory Adjustment is negative, minus the absolute value of the Inventory Adjustment, or (B) if the Inventory Adjustment is positive, plus the Inventory Adjustment; (C) (x) if the Accounts Receivable Adjustment is negative, minus the absolute value of the Accounts Receivable Adjustment, or (y) if the Accounts Receivable Adjustment is positive, plus the Accounts Receivable Adjustment, (D) minus the Freight Shortfall, (E) minus the General Prepaids Shortfall, (F) minus the Inventory Prepaids Shortfall.