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Big Lots Inc (NYSE:BIG). (OTC:BIGGQ) filed its monthly operating report for the period ended June 28, 2025, with the U.S. Bankruptcy Court for the District of Delaware, according to a statement released Monday. The company, which filed for Chapter 11 bankruptcy protection on September 9, 2024, continues to operate under court supervision.
The report, referenced as Exhibit 99.1 in the SEC filing, was submitted as part of ongoing requirements in the bankruptcy proceedings. Big Lots noted that the operating report was prepared solely to comply with the Bankruptcy Court’s monthly reporting requirements and was not audited or reviewed by independent accountants. The company stated that the report was not prepared in accordance with generally accepted accounting principles and may be subject to future adjustments.
Big Lots cautioned investors against placing reliance on the information contained in the June Monthly Operating Report, emphasizing that it was not intended as a basis for investment decisions. The company also reiterated that trading in its securities during the Chapter 11 process is highly speculative and involves substantial risks. According to the filing, “The Company expects that holders of the Company’s common shares will experience a complete loss on their investment.”
The retailer stated it does not intend to file quarterly or annual reports for periods after November 2, 2024. Instead, it will continue to file current reports on Form 8-K to disclose material events in the Chapter 11 case and provide monthly operating reports as exhibits.
Big Lots’ common shares are currently traded on the OTC market under the symbol BIGGQ. The information in this article is based on a press release statement included in the company’s Form 8-K filing with the Securities and Exchange Commission.
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