SandRidge Mississippian Trust I Announces Update Regarding Future Distribution of Net Asset Sale Proceeds
HOUSTON, July 27, 2021--SANDRIDGE MISSISSIPPIAN TRUST I (OTC: SDTTU) today announced that because of the statutory requirement to provide for the Trust’s potential liabilities with respect to the securities litigation described in the Trust’s annual and quarterly reports filed with the Securities and Exchange Commission, the Trust will not be distributing to holders of record as of the close of business on August 13, 2021 the net proceeds from the sale of the Trust’s assets to SandRidge Energy,