Shareholders Face Complete Wipeout as Conn’s Liquidation Finalizes

Conn's US2082421072

The bankruptcy proceedings for specialty retailer Conn’s have entered their conclusive stage, sealing the fate of its equity holders. With the court-approved liquidation plan now effective, remaining investors are set to receive nothing from the asset sales.

• The company filed for Chapter 11 bankruptcy protection in July 2024.
• The formal plan of liquidation became effective on July 31, 2025.
• Conn’s stock was delisted from the Nasdaq and now trades over-the-counter under the ticker symbol CONNQ.
• The anticipated recovery for common shareholders is zero percent.

Absolute Priority Rules Leave Equity Last