IMPORTANT NOTICE

StormX, Inc., has filed a voluntary petition for bankruptcy protection under chapter 7 of the Bankruptcy Code. This matter is before Judge Brendan L. Shannon and has been assigned case number, 25-10730(BLS). This notice has important information about the case for creditors, debtors, and trustees, including relevant deadlines.

To protect your rights, consult an attorney. All documents filed in the case may be inspected at the bankruptcy clerk's office at the address listed below or through PACER (Public Access to Court Electronic Records at https://pacer.uscourts.gov). Additionally, documents in this case may be filed with the Court at the following address: 824 Market Street, 3rd Floor Wilmington, Delaware 19801. Please note the staff of the bankruptcy clerk's office cannot give legal advice.

If you are a creditor and believe you have a claim against StormX, Inc., you must file a proof of claim detailing the amount and basis of your claim. This case does not have a claims agent so any proof of claim must be filed through the Court's website. The following link contains general information on the proof of claim process (https://www.deb.uscourts.gov/claims-information) and this link will be used to file a proof of claim (https://ecf.deb.uscourts.gov/cgi-bin/autoFilingClaims.pl).

Governance Token Claiming Calculation Retrospective

Simon Yu
Simon YuMar 18, 2022
Governance Token Claiming Calculation Retrospective

Hello Stormers,

We’ve been excited to tell you about the final governance snapshot this Sunday and decided to give out more details regarding the weightings for claiming the tokens. Unfortunately, in our excitement we overlooked an issue in the data query which supports the weightings. The weightings we communicated in our last blog were incorrect and this is our fault (which we have since removed to avoid confusion). We will be doing a retrospective internally to determine why this happened and how we can prevent this in the future. We’ll post our findings in a future blog to ensure transparency here.

The weightings for the final snapshot will change up until the final snapshot is taken. Thus its not possible for us to actually share this information ahead of time. We will be sharing this information on Monday so everyone who is claiming the tokens knows what they should be receiving if they choose to claim.

We apologize for all of the confusion and we will be working on improving our QA and data processes to ensure this does not happen again.