On January 13, 2020, Lapetus Capital II LLC announced that it has made available a presentation relating to Verso Corporation. In the presentation, the Lapetus Capital stated that the Company has presented a false narrative of Atlas and Blue Wolf attempting of facilitate a combination of Twin Rivers and the Company. Lapetus Capital stated that it is not trying to derail the sale of the Specialty Mills, it merely wants more information to allow all stockholders to make an informed decision. Lapetus Capital stated that it is disingenuous for the Board to be touting its corporate governance practice, when any improvement were undertaken only after Lapetus Capital nominated directors. In addition, Lapetus Capital stated that Atlas and Blue Wolf have a significant investment in the Company and are seeking to elect Directors to maximize value of the Company for all stockholders.