On 05/15/2013, Shengdatech, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Shengdatech, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock, par value $0.00001 under the Securities Exchange Act of 1934, as amended.

On October 2, 2012, the bankruptcy court entered an order confirming Shengdatech, Inc.'s first amended chapter 11 plan of reorganization, as modified, dated as of august 30, 2012. On October 17, 2012, the plan became effective and a notice of the effective date of the plan was filed with the bankruptcy court. In accordance with the plan, on the effective date, all of the company's officers and directors resigned from their respective positions with the company, including from any and all subsidiaries of the company, as follows: on the effective date, Mr. Michael Kang, the company's chief restructuring officer, resigned as chief restructuring officer of the company, and from any and all other positions he held with the company. On the effective date, Mr. A. Carl Mudd resigned as a member of the board of directors of the company, as a member of all of the company's standing committees, including the special committee, audit committee, compensation committee, and nominating and corporate governance committee, and from any director positions held with company or with any subsidiaries of the company located in the People's Republic of China. On the effective date, Mr. Sheldon B. Saidman resigned as a member of the board of directors of the company, as a member of all of the company's standing committees, including the special committee, audit committee, compensation committee, and nominating and corporate governance committee, and from any director positions held with the company or with the PRC subsidiaries.