NewAge, Inc. filed a motion in the US Bankruptcy Court seeking the dismissal of Morinda Holdings, Inc. Chapter 11 bankruptcy case on November 30, 2022. All of Holdings' equity has been sold and DIP Financing has received all assets and liabilities associated therewith. Thus, under the new ownership of DIP Financing, the dismissal of Holdings' Chapter 11 Case is warranted as there is no further need for its restructuring.