On January 20, 2020, Verso Corporation announced that, in connection with the pending sale of its Androscoggin and Stevens Point mills to Pixelle Specialty Solutions LLC, it has received requisite approval under Section 203 of the Federal Power Act from the Federal Energy Regulatory Commission. The Company stated that it urges all non-affiliated Atlas/Blue Wolf stockholders to protect their investment and vote for the Pixelle transaction, in addition to for all 7 of the Company's director nominees, on the Company proxy card.