Ventures 76 LLC agreed to acquire 6% stake in SoHa Terrace, LLC from Ameritrans Capital Corp. (OTCPK:AMTC.Q) for $1.3 million on October 24, 2017. The transaction is subject to bankruptcy court approval. As of October 24, 2017, the bankruptcy court approved the transaction. As of November 9, approval from bankruptcy court regarding the eligibility of Ventures 76 LLC to buy the target is expected to come by November 13, 2017.