SmileDirectClub, Inc. filed a motion in the US Bankruptcy Court for the sale of its certain assets on December 20, 2023. The debtor seeks the Court?s approval for the sale of its certain assets to DIP Lenders in a credit bid of their approximately $28 million in DIP claims in full and final satisfaction thereof, up to $7.65 million in Cash Consideration provided that the Cash Consideration shall be at least $4.65 million, consisting of $4 million to be funded to the Creditor Trust and $0.65 to be funded to Centerview on account of its Transaction Fee and the establishment and funding of a trust