Capstone Green Energy Corporation filed a pre-packaged plan of reorganization with related disclosure statement in the US Bankruptcy Court on September 28, 2023. As per the plan filed, administrative claims, payment of fees and expenses, payment of statutory fees, professional claims, priority tax claims, other priority claims, secured tax claims and DIP claims of $15 million shall be paid in full in cash. Secured Tax Claims shall be paid in full in cash.

Pre-Petition Secured Claims of $56.95 million shall be paid in full in equity. Other Secured Claims shall be reinstated. General Unsecured Claims of $27 million shall be paid in full in cash.

Intercompany Claims and Intercompany interests shall be reinstated. Equity Interests shall b extinguished. The plan shall be funded through cash in hand and Exit Facility New Money Tranche in the amount of $5 million.