On October 20, 2010, Sedo reportedly completed the auction, filing in a California court that it had approved the sale for $13 million to a Clover Holdings LTD. A bankruptcy hearing was held on October 27, 2010 to determine if the sale was finalized and approved by all creditors. On November 18, 2010, Sedo confirmed the new sale price in a press release, and marked the previous sale at $11.5 million, negating the claimed $14 million buying price published in 2006.