Teligent, Inc. filed a notice for the selection of Successful Bidder in the US Bankruptcy Court for the sale of certain assets on January 14, 2022. As a result of the auction conducted on January 13, 2022 and January 14, 2022, Hikma Canada Limited has been selected as the successful bidder for the sale of debtor's certain assets. The debtor's assets include Canadian business assets.

SteriMax Inc. is designated as the backup bidder.