hhgregg, Inc. and the Official Committee of Unsecured Creditors of Gregg , Inc. and WGT V, LLC, jointly filed a motion in the US Bankruptcy Court seeking approval for the sale of certain assets of debtor on May 24, 2018. As per the motion, debtor seeks to sell certain real property located in Buford, Georgia to Royal Capital Corp. for $2.90 million, as per the agreement dated August 8, 2017. The agreement was got amended on December 5, 2017 then on January 16, 2018 and again on February 7, 2018. The buyer has deposited earnest money of $0.10 million. As per the amendments, buyer has time to inspect the property till May 31, 2018.
hhgregg, Inc. is an online retailer that operates a retail chain of consumer electronics and home appliances in the Midwest, Northeast, and Southeast United States, which operates stores in approximately 20 states. The Company offers a range of products categories, which include mobiles, computers and office, cameras and video, electronics, pro audio, home and kitchen. Its mobile products include cellphones and accessories, and wearable technology. Its computer products include desktops, laptops, hardware, telephones, and office accessories. The Companyâs electronics products include global positioning systems (GPS) and auto, television, home theater, audio headphones, and gaming. Its pro audio products include microphones, pro headphones, studio recording, audio systems, speakers, audio components, portable audio, and musical instruments. Its home and kitchen products include kitchen utensils, luggage, and bags. It offers global and local brands across the nation through hhgregg.com.
HHGREGG, INC. 
