SEC Filings

8-K
PERNIX THERAPEUTICS HOLDINGS, INC. filed this Form 8-K on 05/07/2019
Entire Document
 

 

In re: Pernix Sleep, Inc. et al. Case No. 19-10323 (CSS)
Debtors Reporting Period: February 18, 2019 - March 31, 2019

 

MOR - 1b
Schedule of Debtor Bank Account Balances (1)
For the Period: February 18, 2019 - March 31, 2019 (Unaudited)

 

$ USD '000s
Debtor
  Bank  Last Four Digits
Account No.
  Account Description  Beginning
Balance
2/18/2019
  Ending
Balance
3/31/2019
Pernix Therapeutics LLC  Wells Fargo  2816  Pernix zero-balance lockbox   -      -   
Cypress Pharmaceuticals, Inc.  Wells Fargo  5673  Cypress zero-balance lockbox   -      -   
Pernix Therapeutics LLC  Wells Fargo  2824  Pernix Operating   2,723,540    8,314,020 
Cypress Pharmaceuticals, Inc.  Wells Fargo  2865  Cypress Operating   3,321,777    4,754,921 
Pernix Therapeutics Holdings, Inc.  Wells Fargo  3388  Pernix Holdings   5,138    5,138 
Pernix Ireland Pain Designated Activity Company  Allied Irish Bank  3508  PIPDAC Operating   166,138    16,101 
Pernix Ireland Limited  Allied Irish Bank  8061  PIL Operating (EUR)(2)   53,746    55,108 
Pernix Ireland Pain Designated Activity Company  Allied Irish Bank  3187  PIPDAC Operating (EUR)(2)   5,515    3,069 
Pernix Therapeutics LLC  Wells Fargo  2840  Pernix Payroll   -      -   
Pernix Therapeutics LLC  Wells Fargo  2832  Pernix FSA   -      -   
Macoven Pharmaceuticals LLC  Wells Fargo  5186  Utility adequate assurance deposit   -      6,751 
Pernix Therapeutics LLC  Wells Fargo  0526  Nalpropion receipts escrow account   -      2,772,023 
Total Bank Account Balances           $6,275,854   $15,927,130 

 

Notes:

(1) The Consolidated Schedule of Cash Receipts and Disbursements (MOR-1) and Schedule of Disbursements by Debtor Entity (MOR-1a) represent book balances while MOR-1b represents bank balances. The balances differ primarily due to the bank’s delayed recording of intrabank activity between the general checking and sweep accounts. 

(2) The EUR accounts are presented in USD and translated at the daily FX rate based upon the statement date.

 

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